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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_S000004757Member_lbl" xml:lang="en-US">Frank Value Fund</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_CommonStockRiskMember_lbl" xml:lang="en-US">Common Stock Risk [Member]</link:label>
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      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_PortfolioTurnoverRiskMember" xlink:label="frnkx_PortfolioTurnoverRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_ConsumerDefensiveSectorRiskMember_lbl" xml:lang="en-US">Consumer Defensive Sector Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_SmallcapAndMidcapRiskMember_lbl" xml:lang="en-US">Smallcap And Midcap Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_SpecialSituationRiskMember_lbl" xml:lang="en-US">Special Situation Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_ValueInvestingRiskMember_lbl" xml:lang="en-US">Value Investing Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_S000061828Member_lbl" xml:lang="en-US">Camelot Event Driven Fund</link:label>
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      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_ActivistInvestmentRiskMember" xlink:label="frnkx_ActivistInvestmentRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_ActivistInvestmentRiskMember_lbl" xml:lang="en-US">Activist Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_AdrRiskMember" xlink:label="frnkx_AdrRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_AdrRiskMember_lbl" xml:lang="en-US">Adr Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_CapitalStructureArbitrageRiskMember" xlink:label="frnkx_CapitalStructureArbitrageRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_CapitalStructureArbitrageRiskMember_lbl" xml:lang="en-US">Capital Structure Arbitrage Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_ChineseSecuritiesRiskMember_lbl" xml:lang="en-US">Chinese Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_CounterpartyRiskMember" xlink:label="frnkx_CounterpartyRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_CounterpartyRiskMember_lbl" xml:lang="en-US">Counterparty Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_DebtInstrumentsRiskMember_lbl" xml:lang="en-US">Debt Instruments Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_DistressedSecuritiesRiskMember" xlink:label="frnkx_DistressedSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_DistressedSecuritiesRiskMember" xlink:to="frnkx_DistressedSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_DistressedSecuritiesRiskMember_lbl" xml:lang="en-US">Distressed Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_ForeignSecuritiesRiskMember" xlink:label="frnkx_ForeignSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_ForeignSecuritiesRiskMember" xlink:to="frnkx_ForeignSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_ForeignSecuritiesRiskMember_lbl" xml:lang="en-US">Foreign Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_HighYieldRiskMember" xlink:label="frnkx_HighYieldRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_HighYieldRiskMember_lbl" xml:lang="en-US">High Yield Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestRateRiskMember_lbl" xml:lang="en-US">Interest Rate Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_LiquidityRiskMember" xlink:label="frnkx_LiquidityRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_LiquidityRiskMember_lbl" xml:lang="en-US">Liquidity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_MergerArbitrageRiskMember" xlink:label="frnkx_MergerArbitrageRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_MergerArbitrageRiskMember" xlink:to="frnkx_MergerArbitrageRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_MergerArbitrageRiskMember_lbl" xml:lang="en-US">Merger Arbitrage Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_HealthcareSectorRiskMember" xlink:label="frnkx_HealthcareSectorRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_HealthcareSectorRiskMember_lbl" xml:lang="en-US">Healthcare Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_ShortSellingRiskMember" xlink:label="frnkx_ShortSellingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_ShortSellingRiskMember" xlink:to="frnkx_ShortSellingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_ShortSellingRiskMember_lbl" xml:lang="en-US">Short Selling Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_StructuredNoteInvestmentRiskMember" xlink:label="frnkx_StructuredNoteInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_StructuredNoteInvestmentRiskMember" xlink:to="frnkx_StructuredNoteInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_StructuredNoteInvestmentRiskMember_lbl" xml:lang="en-US">Structured Note Investment Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_SpecialSituationsRiskMember" xlink:label="frnkx_SpecialSituationsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_SpecialSituationsRiskMember" xlink:to="frnkx_SpecialSituationsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_SpecialSituationsRiskMember_lbl" xml:lang="en-US">Special Situations Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_C000012947Member" xlink:label="frnkx_C000012947Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_C000012947Member" xlink:to="frnkx_C000012947Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_C000012947Member_lbl" xml:lang="en-US">INVESTOR CLASS</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_C000093501Member" xlink:to="frnkx_C000093501Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_C000093501Member_lbl" xml:lang="en-US">CLASS C</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20261101.xsd#frnkx_C000093502Member" xlink:label="frnkx_C000093502Member" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_C000093502Member_lbl" xml:lang="en-US">INSTITUTIONAL CLASS</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_C000200195Member_lbl" xml:lang="en-US">Class A Shares</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_Russell3000Member_lbl" xml:lang="en-US">Russell 3000 Index</link:label>
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