Franklin Mutual Financial Services Fund
TFSIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 101 John F Kennedy Parkway Short Hills NJ United States of America 07078
- IPO Date
- Aug 19, 1997
- CIK
- 0000825063
- Similar Companies
- Business
- Franklin Mutual Financial Services Fund (TFSIX) is an open-end mutual fund that seeks capital appreciation by investing at least 80% of its net assets in equity securities of financial services companies, including banks, brokerage firms, insurance companies, and consumer credit providers, which the investment manager deems undervalued based on fundamental value criteria; it may invest without limit in foreign securities. The fund targets U.S. and international financial services firms across market capitalizations, with top holdings such as Everest Group Ltd., ASR Nederland NV, JPMorgan Chase & Co., Voya Financial Inc., and The Hartford Financial Services Group Inc.; it operates within the financial sector segment of equity markets, benchmarked against the S&P Composite 1500 Financials Index. Managed as part of Franklin Templeton's Mutual Series platform by Franklin Distributors, LLC, the fund is domiciled in the United States with Federal ID Number 65-0764094. In a major reorganization effective April 26, 2024, Franklin Mutual Financial Services Fund was reorganized into Franklin Mutual Global Discovery Fund, broadening its investment mandate beyond financial services to pursue capital appreciation through undervalued global equities. This structural change reflects Franklin Templeton's ongoing strategic shifts within its mutual fund lineup, including other recent fund name changes and attribute modifications, such as the May 2025 renaming of Franklin K2 Alternative Strategies Fund to Franklin Alternative Strategies Fund and the July 2025 transformation of Franklin India Income Plus Fund into a debt and arbitrage-focused fund of funds. Franklin Templeton, the parent firm founded in 1947 and headquartered in San Mateo, California, continues to oversee the fund's operations globally.