C000123679 Fees and Costs — Franklin Global Dividend Fund, Class A
Data updated: 2024-05-23
The net expense ratio is 1.18%: a 0.65% management fee, a 0.25% 12b-1 fee plus 0.36% other expenses, less a 0.08% fee waiver. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2023 the fund paid $16K in broker commissions, 0.0101% of average net assets, and portfolio turnover was 24%.
C000123679 Fees and Expenses
Annual operating expenses and sales charges of C000123679. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.36% |
| Gross expense ratio | 1.26% |
| Fee waiver | −0.08% |
| Net expense ratio | 1.18% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000123679 Costs Over Time
On $10,000 invested in C000123679, assuming 5% a year before costs, total costs come to $1,403 over 5 years, cutting the return by 2.42% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.18%) | $117 | $365 | $631 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $27 | $105 | $216 |
| Total costs | $696 | $1,023 | $1,403 |
| Value after costs | $9,804 | $10,554 | $11,360 |
| Impact on return, per year | 6.96% | 3.19% | 2.42% |
C000123679 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0101%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
C000123679 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $8K | 46.42% |
| J.P. Morgan Securities LLC | $3K | 16.99% |
| Cowen and Company, LLC | $1K | 8.44% |
| BOFA SECURITIES, INC. | $1K | 6.24% |
| SANFORD C. BERNSTEIN & CO., LLC | $943 | 5.83% |
| VIRTU AMERICAS LLC | $814 | 5.03% |
| LIQUIDNET, INC. | $600 | 3.71% |
| UBS Securities LLC | $599 | 3.70% |
| GOLDMAN SACHS & CO. LLC | $587 | 3.63% |
| ABN AMRO SECURITIES (USA) LLC | $3 | 0.02% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.