1 / 5 Stars
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 278 Moderate Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 22.52 percent over the past year, 8.78 percent over the past three years, and -0.18 percent over the past five years.
|Trailing Returns||Updated 05.31.2013|
|Year to date||11.3%|
|3 Years (Annualized)||8.8%|
|5 Years (Annualized)||-0.2%|
|10 Years (Annualized)||N/A|
The investment seeks capital appreciation. The fund seeks to achieve superior risk adjusted returns with a moderate correlation to the U.S. equity markets by investing in equity and debt instruments in the three categories: Distressed Companies, Merger Arbitrage Securities and Special Situations/Undervalued Securities. Such investments can be either long or, to a lesser degree, short positions and can utilize a limited amount of leverage.
Fees are High compared to funds in the same category.
Franklin Mutual Recovery Fund has an expense ratio of 2.25 percent.
Risk is High compared to funds in the same category according to Morningstar.