FASBX Fees and Costs — Franklin Templeton SMACS: Series CP, Single Class
Data updated: 2026-08-27
The net expense ratio is 0.00% (1.79% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $64 in broker commissions, 0.0008% of average net assets, and portfolio turnover was 8%.
FASBX Fees and Expenses
Annual operating expenses and sales charges of FASBX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.78% |
| Gross expense ratio | 1.79% |
| Fee waiver | −1.79% |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FASBX Costs Over Time
On $10,000 invested in FASBX, assuming 5% a year before costs, total costs come to $1 over 5 years, cutting the return by 0.00% 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 |
| Fund expenses (net expense ratio 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $1 |
| Value after costs | $10,500 | $11,576 | $12,762 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
FASBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0008%
- Total broker commissions: $64
- Bought from dealers (principal trades, not a cost): $11.8M
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
FASBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $64 | 100.00% |
FASBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $4.1M | 35.45% |
| Goldman Sachs & Co. LLC | $3.3M | 28.76% |
| Jefferies LLC | $1.9M | 16.56% |
| Wells Fargo Securities, LLC | $1.1M | 9.11% |
| BofA Securities, Inc. | $369K | 3.20% |
| Citigroup Global Markets Inc. | $354K | 3.07% |
| BNP Paribas Securities Corp. | $154K | 1.34% |
| TD SECURITIES (USA) LLC | $139K | 1.21% |
| Stifel, Nicolaus & Company, Incorporated | $100K | 0.87% |
| Performance Trust Capital Partners, LLC | $51K | 0.44% |
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.