FEMDX Fees and Costs — Franklin Emerging Market Debt Opportunities Fund
Data updated: 2026-10-13
The net expense ratio is 1.02% (1.17% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 39%.
FEMDX Fees and Expenses
Annual operating expenses and sales charges of FEMDX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.17% |
| Fee waiver | −0.15% |
| Net expense ratio | 1.02% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
FEMDX Costs Over Time
On $10,000 invested in FEMDX, assuming 5% a year before costs, total costs come to $638 over 5 years, cutting the return by 1.07% 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 1.02%) | $107 | $334 | $579 |
| Lost growth on money paid in costs | $0 | $17 | $58 |
| Total costs | $107 | $351 | $638 |
| Value after costs | $10,393 | $11,226 | $12,125 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
FEMDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $300.2M
- Portfolio turnover (prospectus): 39%
FEMDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $187.4M | 67.97% |
| Citigroup Global Markets Inc. | $20.3M | 7.37% |
| Barclays Capital, Inc. | $13.2M | 4.79% |
| Deutsche Bank Securities Inc. | $12.4M | 4.51% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $11.7M | 4.23% |
| Jefferies LLC | $10.9M | 3.97% |
| HSBC Securities (USA) Inc. | $6.8M | 2.48% |
| SANTANDER INVESTMENT S.A. | $5.3M | 1.91% |
| Morgan Stanley & Co. LLC | $3.9M | 1.41% |
| TPCG Financial Services Agente De Valores S.A. | $3.7M | 1.35% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.