# Franklin Mutual Financial Services Fund (TFSIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tfsix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Franklin Templeton · Asset class: Equity - Strategy: Actively Managed · Inception: 1997-08-19 The fund dedicates a minimum of 80% of its net assets to purchasing securities from companies within the financial services sector. Its strategy involves selecting firms that the investment manager believes are trading below their intrinsic value, as determined by recognized and objective valuation methods. Additionally, the fund has unlimited flexibility to invest in international securities. ## Key Facts | Metric | Value | |---|---| | Price | $28.54 | | Expense Ratio | — | | Assets Under Management | $374.9M | | NAV | $28.54 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Quarterly | | 52-Week Range | $22.00 – $29.07 | | Beta | 0.82 | ## Latest Distribution - Amount: $0.2703 /share - Ex-date: 2024-04-24 - Pay date: — ## Frequently Asked Questions ### What does TFSIX invest in? The fund dedicates a minimum of 80% of its net assets to purchasing securities from companies within the financial services sector. Its strategy involves selecting firms that the investment manager believes are trading below their intrinsic value, as determined by recognized and objective valuation methods. Additionally, the fund has unlimited flexibility to invest in international securities. ### What is the expense ratio of TFSIX? An expense ratio for Franklin Mutual Financial Services Fund (TFSIX) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee. ### How big is TFSIX? Franklin Mutual Financial Services Fund (TFSIX) manages $374.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is TFSIX actively managed or an index fund? TFSIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds in exchange for the discretion to over- or under-weight positions. ### When was TFSIX launched? Franklin Mutual Financial Services Fund (TFSIX) launched in August 1997 and is managed by Franklin Templeton. ### How has TFSIX performed? TFSIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does TFSIX pay a dividend? Franklin Mutual Financial Services Fund (TFSIX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TFSIX pay dividends? Franklin Mutual Financial Services Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TFSIX's dividend yield? TFSIX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is TFSIX's next ex-dividend date? The most recently announced ex-dividend date for TFSIX was 2024-04-24. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### Why is TFSIX's expense ratio not shown? Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check twice a month) report an expense ratio for Franklin Mutual Financial Services Fund (TFSIX). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number. ### How does TFSIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TFSIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tfsix - Distribution history: https://www.dividenddata.com/funds/tfsix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tfsix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tfsix/expenses - Peer comparison: https://www.dividenddata.com/funds/tfsix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.