FKGRX Fees and Costs — Franklin Growth Fund, Class A
Data updated: 2026-08-27
The net expense ratio is 0.78%: a 0.43% management fee, a 0.25% 12b-1 fee plus 0.10% other expenses. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2025 the fund paid $850K in broker commissions, 0.0047% of average net assets, and portfolio turnover was 8%.
FKGRX Fees and Expenses
Annual operating expenses and sales charges of FKGRX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.43% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.78% |
| Fee waiver | — |
| Net expense ratio | 0.78% |
| 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 |
FKGRX Costs Over Time
On $10,000 invested in FKGRX, assuming 5% a year before costs, total costs come to $1,168 over 5 years, cutting the return by 2.00% 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 |
| Sales charges | $550 | $550 | $550 |
| Fund expenses (net expense ratio 0.78%) | $77 | $242 | $421 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $28 | $99 | $195 |
| Total costs | $655 | $892 | $1,168 |
| Value after costs | $9,845 | $10,684 | $11,595 |
| Impact on return, per year | 6.55% | 2.77% | 2.00% |
FKGRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0047%
- Total broker commissions: $850K
- Bought from dealers (principal trades, not a cost): $3.7B
- Portfolio turnover (prospectus): 8%
- Securities on loan, average value: $2.8M
- Net income from securities lending: $20K (0.000% of average net assets)
FKGRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JonesTrading Institutional Services LLC | $85K | 15.22% |
| Jefferies LLC | $75K | 13.47% |
| Citigroup Global Markets Inc. | $66K | 11.80% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $62K | 11.03% |
| Goldman Sachs & Co. LLC | $54K | 9.74% |
| Sanford C. Bernstein & Co., LLC | $51K | 9.20% |
| Instinet, LLC | $49K | 8.82% |
| BTIG, LLC | $42K | 7.46% |
| Rosenblatt Securities Inc. | $40K | 7.21% |
| Morgan Stanley & Co. LLC | $34K | 6.04% |
FKGRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $3.7B | 99.83% |
| Fiduciary Trust Company International | $4.6M | 0.12% |
| Morgan Stanley & Co. LLC | $1.7M | 0.05% |
Franklin Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIFRX | Class R6 | 0.46% | none |
| FCGAX | Advisor Class | 0.52% | none |
| FKGRX | Class A | 0.78% | 5.50% |
| FGSRX | Class R | 1.03% | none |
| FRGSX | Class C | 1.53% | none |
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.