C000154578 Fees and Costs — Franklin Global Dividend Fund, Class A2
Data updated: 2024-05-23
The net expense ratio is 1.32%: a 0.65% management fee, a 0.25% 12b-1 fee plus 0.42% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2023 the fund paid $16K in broker commissions, 0.0101% of average net assets, and portfolio turnover was 24%.
C000154578 Fees and Expenses
Annual operating expenses and sales charges of C000154578. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.42% |
| Gross expense ratio | 1.32% |
| Fee waiver | — |
| Net expense ratio | 1.32% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
C000154578 Costs Over Time
On $10,000 invested in C000154578, assuming 5% a year before costs, total costs come to $1,513 over 5 years, cutting the return by 2.62% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.32%) | $131 | $406 | $702 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $29 | $111 | $231 |
| Total costs | $735 | $1,095 | $1,513 |
| Value after costs | $9,765 | $10,481 | $11,250 |
| Impact on return, per year | 7.35% | 3.42% | 2.62% |
C000154578 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
C000154578 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.