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Franklin Biotechnology Discovery A (FBDIX)

130.14 -0.69 (-0.53%)
As of 8:06 AM EDT. Market Open.

Fund Summary

Under normal market conditions, the fund invests at least 80% of its net assets in securities of biotechnology companies and discovery research firms. The fund predominantly invests in equity securities. In addition to its investments in biotechnology companies, the fund may also invest up to 20% of its net assets in equity or debt securities of any type of issuer. It is non-diversified.

Franklin Biotechnology Discovery A

San Mateo, CA 94403-1906
One Franklin Parkway

Fund Overview

Category Health
Fund Family Franklin Templeton Investments
Net Assets 949.93M
YTD Return 11.47%
Yield 0.00%
Morningstar Rating
Inception Date Sep 15, 1997

Fund Operations

Last Dividend 0.14
Last Cap Gain 26.00
Holdings Turnover 24.08%
Average for Category --

Fees & Expenses

Expense FBDIX Category Average
Annual Report Expense Ratio (net) 1.07% 1.03%
Prospectus Net Expense Ratio 1.07% --
Prospectus Gross Expense Ratio 1.07% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.37%
Max Deferred Sales Load -- 1.19%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Evan S. McCulloch, Lead Manager since September 15, 1997
Mr. McCulloch, CFA, joined Franklin Templeton Investments in 1992.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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