FOPPX Fees and Costs — Franklin Growth Opportunities Fund, Class R6
Data updated: 2026-09-25
The net expense ratio is 0.57%: a 0.54% management fee plus 0.03% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $738K in broker commissions, 0.0164% of average net assets, and portfolio turnover was 39%.
FOPPX Fees and Expenses
Annual operating expenses and sales charges of FOPPX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
FOPPX Costs Over Time
On $10,000 invested in FOPPX, assuming 5% a year before costs, total costs come to $370 over 5 years, cutting the return by 0.62% 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 |
| Fund expenses (net expense ratio 0.57%) | $60 | $188 | $327 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $202 | $370 |
| Value after costs | $10,438 | $11,374 | $12,393 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
FOPPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0164%
- Total broker commissions: $738K
- Bought from dealers (principal trades, not a cost): $2.1B
- Portfolio turnover (prospectus): 39%
- Securities on loan, average value: $18.0M
- Net income from securities lending: $62K (0.001% of average net assets)
FOPPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $87K | 15.34% |
| Goldman Sachs & Co. LLC | $76K | 13.29% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $73K | 12.92% |
| Rosenblatt Securities Inc. | $72K | 12.60% |
| Sanford C. Bernstein & Co., LLC | $67K | 11.71% |
| J.P. Morgan Securities LLC | $51K | 9.01% |
| Citigroup Global Markets Inc. | $40K | 7.12% |
| BTIG, LLC | $37K | 6.52% |
| Jefferies LLC | $35K | 6.16% |
| Instinet, LLC | $30K | 5.34% |
FOPPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2.0B | 97.61% |
| Goldman Sachs & Co. LLC | $25.4M | 1.23% |
| Direct Investment India | $17.4M | 0.85% |
| Morgan Stanley & Co. LLC | $4.5M | 0.22% |
| Fiduciary Trust Company International | $1.1M | 0.05% |
| Jefferies LLC | $836K | 0.04% |
Franklin Growth Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FOPPX | Class R6 | 0.57% | none |
| FRAAX | Advisor Class | 0.64% | none |
| FGRAX | Class A | 0.89% | 5.50% |
| FKARX | Class R | 1.14% | none |
| FKACX | Class C | 1.64% | 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.