Franklin Focused Growth Fund
Data updated: 2023-12-12
C000168046 — Franklin Focused Growth Fund. Emerging Markets Growth Equity · $78.40M AUM · 1.85% expense ratio. Holdings, fees, performance and SEC filings.
C000168046 Fund Overview
Franklin Focused Growth Fund is a US mutual fund managed by Franklin Custodian Funds, categorised as Emerging Markets Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Franklin Custodian Funds
- Category: Emerging Markets Growth Equity
- Assets under management: $78.40M
- 1-year return: 27.3%
- SEC CIK: 0000038721
- SEC series ID: S000053414
- Share class ID: C000168046
C000168046 Investment Objective and Strategy
Franklin Focused Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Franklin Custodian Funds.
Investment objective
Capital appreciation.
Principal investment strategy
"Under normal market conditions, the Fund invests predominantly in equity securities of companies that the investment manager believes offer compelling growth opportunities. In selecting securities, the investment manager considers many factors, including historical and potential growth in revenues and earnings, assessment of strength and quality of management, and determination of a company's strategic positioning in its industry. The equity securities in which the Fund invests are predominantly common stock. The Fund may invest in companies of any size, including small and medium capitalization companies. In addition to the Fund's main investments, the Fund may invest a portion (up to 25%) of its net assets in foreign equity securities, including those located in emerging markets. The Fund generally seeks to maintain a portfolio consisting of securities of approximately 20-50 companies.
Although the Fund seeks investments across a number of sectors, from time to time, based on economic conditions, the Fund may have significant positions in particular sectors. The investment manager is a research-driven, ""bottom-up"" fundamental investor. The investment manager's investment approach for the Fund focuses on identifying companies that offer, in its opinion, a compelling trade-off between growth opportunity, business and financial risk and valuation. Key valuation metrics include discounted-cash-flow, absolute and relative price-to-earnings, enterprise value, and sum of the parts, among others."
C000168046 Holdings
Top 10 holdings of Franklin Focused Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp.com Usd0.001 | 9.49% |
| Amazon.com Inc.com Usd.01 | 8.65% |
| Alphabet Inc.com Usd.001 Cl A | 4.48% |
| Servicenow Inc.com Usd.001 | 4.40% |
| Mastercard Inc.com Usd.0001 Cl A | 4.33% |
| Visa Inc.com USD Npv Cl A | 4.19% |
| Facebook Inc.com USD Npv Cl A | 3.66% |
| Salesforce.com Inc.com Usd.001 | 3.62% |
| Danaher Corp.com Usd.01 | 3.42% |
| Adobe Inc.com USD 0.0001 | 3.38% |
C000168046 Portfolio Allocation
Asset-class allocation of Franklin Focused Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.7% |
C000168046 Performance
Total returns for C000168046 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 27.3% |
| 3 years (annualised) | -0.7% |
C000168046 Risk Information
Risk metrics for C000168046, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.2%
C000168046 Costs and Fees
C000168046 costs about $185 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.85%
- Gross expense ratio: 2.12%
- Portfolio turnover: 40%
- Brokerage commissions: 0.82 bps of average net assets (SEC N-CEN)
C000168046 Cashflows
Over the 12 months to 2023-09, Franklin Focused Growth Fund had net outflows of $9.50M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-09 | −$9.94M |
| 2023-08 | −$11.55M |
| 2023-07 | $489.60K |
| 2023-06 | $2.74M |
| 2023-05 | $5.53M |
| 2023-04 | $1.04M |
C000168046 Debt Constituents
No individual debt constituents are reported in Franklin Focused Growth Fund's latest SEC N-PORT filing.
C000168046 Prospectus and SEC Filings
Official Franklin Focused Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-01-26
- Prospectus (485BPOS) — filed 2022-01-27
- Prospectus (485BPOS) — filed 2021-01-26
- Portfolio holdings (N-PORT) — filed 2023-11-21
- Portfolio holdings (N-PORT) — filed 2023-08-18
- Portfolio holdings (N-PORT) — filed 2023-05-22
- Annual census (N-CEN) — filed 2023-12-12
- Annual census (N-CEN) — filed 2022-12-08
Related Funds
Other Emerging Markets Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.