The 30 best Franklin Templeton mutual funds for 2013 include Templeton Global Bond Fund, Franklin CA High Yield Municipal, Franklin Income, Mutual Global Discovery, etc.
Best Franklin Templeton Mutual Funds 2013
Franklin Templeton Investments offer three types of mutual funds: Franklin mutual funds, Templeton mutual funds, and Mutual Series. These mutual funds series offer various different classes or categories of mutual funds. The fund categories include world bond, emerging markets bond, money market, tax free income, growth, world allocation, value stock, global stock, balanced, etc.
Typically the Class A funds have sales load. You can invest in Class R or Class Z or Advisor Class for no load funds. These no load Franklin Templeton mutual funds are available through retirement account (IRA) or 401(k) account or other regular brokerage account.
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These best mutual funds are sorted based on its performance and quality. You can find various funds to invest in. Please check the fund prospectus for investment risk, fund details, etc.
The 30 best Franklin Templeton mutual funds for 2013 are:
- Templeton Global Bond Fund
- Franklin CA High Yield Municipal Fund
- Templeton China World Fund
- Franklin Income Fund
- Mutual Global Discovery Fund
- Franklin High Yield Tax-Free Income Fund
- Franklin Rising Dividends Fund
- Franklin Growth Fund
- Franklin OH Tax-Free Income Fund
- Templeton Global Total Return Fund
- Franklin PA Tax-Free Income Fund
- Franklin OR Tax-Free Income Fund
- Franklin NC Tax-Free Income Fund
- Franklin MO Tax-Free Income Fund
- Mutual Quest Fund
- Franklin AZ Tax-Free Income Fund
- Mutual European Fund
- Franklin NY Intermediate T/F Income Fund
- Franklin Convertible Securities Fund
- Franklin GA Tax-Free Income Fund
- Franklin Biotechnology Discovery Fund
- Franklin MicroCap Value Fund
- Mutual Financial Services Fund
- Templeton Frontier Markets Fund
- Templeton International Bond Fund
- Mutual International Fund
- Franklin CA Tax-Free Income Fund
- Franklin Federal Tax-Free Income Fund
- Franklin US Government Securities Fund
- Franklin NY Tax-Free Income Fund
Templeton Global Bond Fund (TPINX)
This Templeton Global Bond Fund has become one of the top performer bond mutual funds for the past decade. It has assets totaling $65 billion. It invests mainly in debts or bonds from countries around the world. Managed by Michael Hasenstab and Sonal Desai, this mutual fund has yield of 5.64%. Its expense ratio is only 0.89%. The shares price is $13.42.
Morningstar has ranked this best Franklin Templeton mutual fund with 5 star and gold rating. It has returned 8.38% over the past 3 year, 9.37% over the past 5 year, and 10.38% over the past decade. You can buy this TPINX fund with $1,000 initial funding.
More: Best Fidelity Mutual Funds for 2013
As of January 2013, the top 3 holdings are Rep of Ireland 5%, Kommuninvest I Sverige Ab, and Hungary Rep 6.375%. The top 3 sectors of this world bond mutual fund are government bond (48.66%), supranational (0.37%), and corporate bond (0.24%).
Franklin CA High Yield Municipal Fund (FCAMX)
The Franklin California High Yield Municipal Fund aim seeks a high income level exempt from federal and California personal income taxes. The total net assets are $1.9 billion. Its expense ratio is 0.62% per year. It also has 6.7% turnover rate. The risk rating is categorizes as above average. The fund managers are John Wiley and Christopher S. Sperry. It has a high yield of 4.28%.
As one of the best Franklin Templeton mutual funds for 2013, it has 5 year average return of 6.89%. The average effective maturity is 22.40 years and the average credit quality is BB. The top 3 bond sectors are state & local general obligation, education, and health.
Franklin Income Fund (FKINX)
Franklin Income Fund is not only one of the largest Franklin Templeton mutual funds in term of assets, but it is one of the top mutual funds. It has $70 billion of assets. The class A has sales load of 4.25%. It has 0.64% expense ratio. The holding turnover rate is 33.4%. The fund has investment style of large value. It invests mainly in a diversified portfolio of debt and equity securities. This mutual fund is also suitable for retiree or long term investors.
This FKINX fund has 5 year annualized return of 5.42% and is ranked with bronze rating. The best 1 year total return is achieved in 2009 with 35.01%. You can buy this conservative allocation mutual fund from 121 brokerages. The online brokerages are Schwab Retail, Firstrade, Morgan Stanley Advisors, Merrill Edge, TIAA-CREF NTF, etc.
Mutual Global Discovery Fund (TEDIX)
This Mutual Global Discovery Fund utilizes its assets to purchase the undervalue stocks of U.S. and foreign companies. Its dividend yield is 1.52%. The total assets are totaling $18 billion. This world stock mutual fund has a low risk rating. The fund management has used investment style of large value. The fund’s NAV is $30.04.
As the top Franklin Templeton mutual funds for 2013, it has returned 15.78% over the past 1 year, 9.27% over the past 3 year, and 11.12% over the past decade. It has its worst 1 year total return of -26.73%.
As of January 2013, the top 5 stocks in its portfolio are Merck & Co Inc, ACE Ltd, British American Tobacco PLC, Jardine Strategic Holdings Limited, and Royal Dutch Shell PLC Class A. The top 3 sectors are financial services, consumer defensive, and industrials.
Franklin Rising Dividends Fund (FRDPX)
Franklin Rising Dividends Fund is popular among mutual fund investors. It has low holding turnover rate of 2.8%. The total assets are $8.8 billion. Its expense ratio is 0.96% per year. It uses its assets to buy a diversified portfolio of companies which have paid rising dividends. The 12-month yield is 1.46%.
More: Best Mutual Funds for 2013
While the class A fund has 5.75% sales load, you may choose other classes of this Franklin Rising Dividends fund such as:
- Class B (FRDBX)
- Class C (FRDTX)
- Advisor Class (FRDAX)
- Class R (FRDRX)
Disclosure: No Position
|No||Fund Description||Category||Rating||Assets (M)|
|1||Templeton Global Bond A||World Bond||5||25903.27|
|2||Franklin CA High Yield Municipal A||Muni California Long||5||1303.35|
|3||Templeton China World A||China Region||5||530.54|
|4||Franklin Income A||Conservative Allocation||4||42510.71|
|5||Mutual Global Discovery A||World Stock||4||8006.56|
|6||Franklin High Yield Tax-Free Inc A||High Yield Muni||4||6488.51|
|7||Franklin Rising Dividends A||Large Blend||4||5935.22|
|8||Franklin Growth A||Large Growth||4||4226.38|
|9||Franklin OH Tax-Free Inc A||Muni Ohio||4||1422.49|
|10||Templeton Global Total Return A||World Bond||4||1401.48|
|11||Franklin PA Tax-Free Income A||Muni Pennsylvania||4||1284.91|
|12||Franklin OR Tax-Free Income A||Muni Single State Long||4||1177.76|
|13||Franklin NC Tax-Free Income A||Muni Single State Long||4||1145.85|
|14||Franklin MO Tax-Free Income A||Muni Single State Long||4||1134.7|
|15||Mutual Quest A||World Stock||4||1101.81|
|16||Franklin AZ Tax-Free Income A||Muni Single State Long||4||975.06|
|17||Mutual European A||Europe Stock||4||652.5|
|18||Franklin NY Intermediate T/F Income A||Muni New York Intermediate||4||641.61|
|19||Franklin Convertible Securities A||Convertibles||4||607.02|
|20||Franklin GA Tax-Free Income A||Muni Single State Long||4||481.69|
|21||Franklin Biotechnology Discovery A||Health||4||465.09|
|22||Franklin MicroCap Value A||Small Value||4||205.2|
|23||Mutual Financial Services A||Financial||4||185.08|
|24||Templeton Frontier Markets A||Diversified Emerging Mkts||4||141.31|
|25||Templeton International Bond A||World Bond||4||137.03|
|26||Mutual International A||Foreign Large Value||4||17.72|
|27||Franklin CA Tax-Free Income A||Muni California Long||3||12694.75|
|28||Franklin Federal Tax-Free Income A||Muni National Long||3||9320.19|
|29||Franklin US Government Secs A||Intermediate Government||3||6613.9|
|30||Franklin NY Tax-Free Income A||Muni New York Long||3||5691.56|