Fund Evaluator:
Frank Value Inv (FRNKX)
Follow This Fund
Best Performing in Mid-Cap Value Over the Last Year
| 41.4% | Fidelity Value Strategies (FSLSX) |
| 39.3% | Fidelity Advisor Mid Cap Value Z (FIDFX) |
| 39.2% | Fidelity Mid Cap Value (FSMVX) |
| 38.8% | Harbor Mid Cap Value Instl (HAMVX) |
| 38.3% | Harbor Mid Cap Value Investor (HIMVX) |
Fund Details
Frank Value Inv Overview
Frank Value Inv (FRNKX) is an actively managed U.S. Equity Mid-Cap Value fund. Frank Funds launched the fund in 2004.
The investment seeks to provide long-term capital appreciation. The fund's principal investment strategy is value investing. It invests in common stock of U.S. companies that the fund's adviser believes are underpriced based on the company's intrinsic value. The fund invests in common stocks of companies that have strong financial positions, evidenced by balance sheets without significant debt or other liabilities compared to cash reserves. From time to time it may be invested more heavily in a particular sector if the adviser determines that companies in that sector present the best value.
About Frank Value Inv (FRNKX)
There are 1 members of the management team with an average tenure of 22.04 years: Brian Frank (2004). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell Mid Cap Value TR USD index with a weighting of 100%. Frank Value Inv has 25 securities in its portfolio. The top 10 holdings constitute 51.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Frank Value Inv is part of the Equity global asset class and is within the U.S. Equity fund group. Frank Value Inv has 18.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 75.4%. There is 18.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Frank Value Inv has 5.9% of the portfolio in cash.
Assets Under Management
The fund has $6 million in total assets, which is below the $642 million average for the Mid-Cap Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FRNKX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Frank Value Inv expense ratio is high compared to funds in the Mid-Cap Value category. Frank Value Inv has an expense ratio of 1.24%, which is 20% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Frank Value Inv has a portfolio turnover rate of 105%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 51% for the Mid-Cap Value category.
Recently, in the month of July 2026, Frank Value Inv returned 2.6%, which earned it a grade of B, as the Mid-Cap Value category had an average return of 1.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Frank Value Inv has a trailing yield of 1.12%, which is above the 0.87% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Frank Value Inv Grades
Year to date, the fund has returned 16.5%, 0.9 percentage points better than the category, which translates into a grade of B. The fund has returned 16.6% over the past year (grade of F), 17.3% over the past three years (grade of A) and 12.8% per year over the past five years (grade of A) and 8.1% per year over the past 10 years (grade of F).
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FRNKX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FRNKX Return (NAV) | 2.6% | 5.2% | 16.6% | 17.3% | 12.8% | 8.1% |
| FRNKX Grade | B | D | F | A | A | F |
| +/- Category | 1.0% | -0.8% | -6.5% | 3.8% | 3.5% | -2.0% |
| Mid-Cap Value Avg | 1.7% | 6.0% | 23.1% | 13.4% | 9.4% | 10.1% |
| FRNKX Tax Cost Ratio | na | na | 2.8% | 2.4% | 2.1% | 1.2% |
FRNKX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FRNKX Return (NAV) | 16.5% | 12.0% | 19.2% | 14.8% | 4.2% | 6.4% | 12.8% | 4.2% | -2.2% | -2.8% | 3.6% |
| FRNKX Grade | B | B | A | B | A | F | A | F | A | F | F |
| +/- Category | 0.9% | 2.2% | 7.5% | 0.9% | 12.4% | -21.1% | 9.0% | -22.2% | 11.1% | -16.9% | -13.8% |
| Mid-Cap Value Avg | 15.5% | 9.9% | 11.8% | 13.9% | -8.2% | 27.5% | 3.8% | 26.3% | -13.4% | 14.1% | 17.4% |
| Risk Measures | |
| Standard Deviation: | 14.5% |
| Total Risk Index: | 1.18 - Above Average |
| Category Risk Index: | 0.99 - Average |
| Category Risk Grade: | C (53% Rank) |
| Beta: | 0.81 |
| R-Squared: | 54% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Value |
| Bond Investment Style: | na |
| Yield: | 1.1% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $34 Mil |
| Fund Total Assets: | $ 7 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 105% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 22.0 years | |||
| Average Tenure: 22.0 years | |||
| Managers (Year): Frank Brian (2004) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 25 |
| % in Top 10 Holdings: | 51.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 18.7% |
Portfolio Allocation |
|
| Domestic Stock: | 75.4% |
| Foreign Stock: | 18.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 5.9% |
Purchase Information
| Fund Family: | Frank Funds |
| Phone Number: | 866-706-9790 |
| Website: | www.frankfunds.com |
| Status: | Open |
| Inception Date: | July 21, 2004 |
| Min. Initial Purchase: | $1,500 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 2.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.24% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.03% |
| Share Class: | Frank Value Inv |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 0 |
