BCKIF - Franklin Small Cap Value Fund Q1 2025 Commentary
2025-04-29 11:56:00 ET
Summary
- Franklin Small Cap Value Fund fared better than its benchmark, the Russell 2000 Value Index, for the quarter ended March 31, 2025.
- US small-cap stocks, as measured by the Russell 2000 Index, fell during the 1rst quarter amid concerns about President Trump’s tariff policies and their impact on economic growth and inflation.
- Stock selection in consumer discretionary and energy as well as an underweight in health care contributed to relative returns.
- Underweights in utilities and real estate and stock selection in communication services detracted from relative performance.