FRSIX Fees and Costs — Franklin Small Mid Cap Growth Fund, Class C
Data updated: 2026-09-25
The net expense ratio is 1.60%: a 0.46% management fee, a 1.00% 12b-1 fee plus 0.14% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $1.0M in broker commissions, 0.0273% of average net assets, and portfolio turnover was 33%.
FRSIX Fees and Expenses
Annual operating expenses and sales charges of FRSIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 1.60% |
| Fee waiver | — |
| Net expense ratio | 1.60% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FRSIX Costs Over Time
On $10,000 invested in FRSIX, assuming 5% a year before costs, total costs come to $1,005 over 5 years, cutting the return by 1.71% 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 | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.60%) | $168 | $521 | $897 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $26 | $93 |
| Total costs | $274 | $556 | $1,005 |
| Value after costs | $10,226 | $11,020 | $11,758 |
| Impact on return, per year | 2.74% | 1.71% | 1.71% |
FRSIX 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): 0.0273%
- Total broker commissions: $1.0M
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 33%
- Securities on loan, average value: $9.4M
- Net income from securities lending: $100K (0.003% of average net assets)
FRSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Rosenblatt Securities Inc. | $124K | 20.14% |
| JonesTrading Institutional Services LLC | $85K | 13.85% |
| TD SECURITIES (USA) LLC | $65K | 10.62% |
| Citigroup Global Markets Inc. | $63K | 10.20% |
| BTIG, LLC | $63K | 10.16% |
| Goldman Sachs & Co. LLC | $53K | 8.59% |
| Sanford C. Bernstein & Co., LLC | $49K | 8.01% |
| Wells Fargo Securities, LLC | $39K | 6.27% |
| Evercore Group L.L.C. | $38K | 6.19% |
| Jefferies LLC | $37K | 5.97% |
FRSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.2B | 98.60% |
| Goldman Sachs & Co. LLC | $10.0M | 0.83% |
| Morgan Stanley & Co. LLC | $4.4M | 0.36% |
| Fiduciary Trust Company International | $2.5M | 0.21% |
Franklin Small Mid Cap 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 |
|---|---|---|---|
| FMGGX | Class R6 | 0.51% | none |
| FSGAX | Advisor Class | 0.60% | none |
| FRSGX | Class A | 0.85% | 5.50% |
| FSMRX | Class R | 1.10% | none |
| FRSIX | Class C | 1.60% | 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.