FRAAX Performance — Franklin Growth Opportunities Fund, Advisor Class
Data updated: 2026-09-25
FRAAX returned +5.17% year to date and +6.31% over one year to Jul 2026. Annualised returns are +15.57% over 3 years and +5.36% over 5 years. The fund trailed its US Large Growth category average: $100 invested three years ago grew to $154, against $166 for the category, and to $106 over one year, against $111. Volatility over the past three years was 17.80% a year. In the 12 months to Jul 2026 the fund took in a net $125.2M, and assets reached $4.36B.
FRAAX Growth of $100
What $100 invested in Franklin Growth Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | FRAAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $111 |
| 3 years (Aug 2023 – Jul 2026) | $154 | $166 |
| 5 years (Aug 2021 – Jul 2026) | $130 | $158 |
| Since data start (Aug 2019 – Jul 2026) | $228 | $261 |
FRAAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.17% |
| 1 year | +6.31% |
| 3 years (annualised) | +15.57% |
| 5 years (annualised) | +5.36% |
FRAAX Annual Returns
Calendar-year total returns of Franklin Growth Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +5.17% |
| 2025 | +8.24% |
| 2024 | +25.82% |
| 2023 | +40.15% |
| 2022 | −36.89% |
| 2021 | +17.82% |
| 2020 | +45.73% |
| 2019 (Aug–Dec) | +4.90% |
FRAAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.9% | −2.1% | −5.4% | +12.6% | +6.9% | +0.4% | −5.2% | — | — | — | — | — |
| 2025 | +4.0% | −4.5% | −9.0% | +2.2% | +8.1% | +5.8% | +1.3% | 0.0% | +2.6% | +1.1% | −1.9% | −0.7% |
| 2024 | +2.9% | +8.6% | +1.6% | −5.2% | +4.3% | +6.1% | −2.2% | +3.4% | +2.8% | −1.4% | +6.5% | −3.1% |
| 2023 | +7.6% | −2.1% | +5.7% | +1.2% | +4.7% | +6.5% | +3.5% | −0.8% | −5.9% | −2.8% | +13.1% | +4.9% |
| 2022 | −12.3% | −4.4% | +3.1% | −13.7% | −5.2% | −7.5% | +12.6% | −4.8% | −10.5% | +3.6% | +3.7% | −6.4% |
| 2021 | −1.9% | +1.0% | −1.4% | +7.6% | −1.5% | +9.5% | +1.4% | +4.0% | −5.4% | +7.3% | −1.3% | −1.6% |
| 2020 | +4.3% | −5.7% | −11.4% | +16.4% | +9.2% | +5.0% | +7.9% | +7.1% | −2.8% | −2.9% | +10.3% | +4.3% |
| 2019 | — | — | — | — | — | — | — | −1.2% | −2.6% | +2.1% | +5.2% | +1.5% |
FRAAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 17.80%
- 3-year Sharpe ratio: 0.62 (vs 4.5% risk-free rate)
- Best month: +13.13% (Nov 2023)
- Worst month: −8.99% (Mar 2025)
FRAAX Fund Flows
Monthly money in and out of Franklin Growth Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: $125.2M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 1.12×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $29.0M | $76.1M | −$47.1M |
| Jun 2026 | $43.2M | $73.4M | −$30.2M |
| May 2026 | $19.7M | $146.2M | −$126.5M |
| Apr 2026 | $110.1M | $79.4M | $30.6M |
| Mar 2026 | $24.3M | $81.3M | −$57.0M |
| Feb 2026 | $22.9M | $83.7M | −$60.7M |
| Jan 2026 | $26.6M | $86.7M | −$60.1M |
| Dec 2025 | $759.2M | $127.2M | $632.0M |
| Nov 2025 | $23.7M | $66.0M | −$42.3M |
| Oct 2025 | $23.2M | $68.9M | −$45.7M |
| Sep 2025 | $24.0M | $62.9M | −$38.8M |
| Aug 2025 | $23.3M | $52.3M | −$29.0M |
FRAAX Assets Under Management
Net assets of Franklin Growth Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $4.36B |
| 2026-04-30 | $4.48B |
| 2026-01-31 | $4.39B |
| 2025-10-31 | $4.78B |
| 2025-07-31 | $4.71B |
| 2025-04-30 | $4.16B |
| 2025-01-31 | $4.81B |
| 2024-10-31 | $4.59B |
| 2024-07-31 | $4.50B |
| 2024-04-30 | $4.24B |
| 2024-01-31 | $4.13B |
| 2023-10-31 | $3.50B |
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.