FTESX Performance — Templeton Emerging Markets Small Cap Fund, Class R
Data updated: 2026-07-27
FTESX returned +9.29% year to date and +14.59% over one year to May 2026. Annualised returns are +12.38% over 3 years and +4.01% over 5 years. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $142, against $186 for the category, and to $115 over one year, against $149. Volatility over the past three years was 12.62% a year. In the 12 months to May 2026 the fund lost a net $60.7M, and assets reached $317.79M.
FTESX Growth of $100
What $100 invested in Templeton Emerging Markets Small Cap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | FTESX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $115 | $149 |
| 3 years (Jun 2023 – May 2026) | $142 | $186 |
| 5 years (Jun 2021 – May 2026) | $122 | $145 |
| Since data start (Jul 2019 – May 2026) | $155 | $194 |
FTESX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.29% |
| 1 year | +14.59% |
| 3 years (annualised) | +12.38% |
| 5 years (annualised) | +4.01% |
FTESX Annual Returns
Calendar-year total returns of Templeton Emerging Markets Small Cap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +9.29% |
| 2025 | +10.37% |
| 2024 | +7.36% |
| 2023 | +13.09% |
| 2022 | −19.37% |
| 2021 | +23.18% |
| 2020 | +9.44% |
| 2019 (Jul–Dec) | −2.80% |
FTESX 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 | +5.3% | +3.0% | −9.1% | +8.3% | +2.4% | — | — | — | — | — | — | — |
| 2025 | −2.3% | −1.0% | +1.1% | +1.8% | +5.7% | +4.5% | −1.9% | +1.1% | −0.7% | +1.0% | +0.3% | +0.5% |
| 2024 | −1.7% | +5.3% | +1.1% | −0.5% | +0.9% | +0.5% | +2.3% | +3.1% | +2.2% | −3.8% | −1.6% | −0.3% |
| 2023 | +8.0% | −4.3% | +2.4% | 0.0% | −2.5% | +4.0% | +2.8% | −3.4% | −2.3% | −4.9% | +9.0% | +4.6% |
| 2022 | −4.6% | −1.9% | −2.9% | −7.0% | +0.7% | −8.0% | +4.0% | +0.2% | −11.4% | −0.6% | +13.3% | −0.9% |
| 2021 | +2.8% | +5.0% | +1.0% | +3.5% | +5.9% | +4.1% | −2.3% | +0.7% | −4.7% | +4.2% | −0.6% | +2.0% |
| 2020 | −4.5% | −5.2% | −26.0% | +12.7% | +4.6% | +8.6% | +6.3% | +2.1% | −0.7% | +1.4% | +9.0% | +7.2% |
| 2019 | — | — | — | — | — | — | −1.5% | −5.5% | +0.6% | +1.2% | −0.4% | +3.0% |
FTESX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 12.62%
- 3-year Sharpe ratio: 0.62 (vs 4.5% risk-free rate)
- Best month: +9.04% (Nov 2023)
- Worst month: −9.14% (Mar 2026)
FTESX Fund Flows
Monthly money in and out of Templeton Emerging Markets Small Cap Fund, from SEC Form N-PORT.
- 12-month net flow: −$60.7M
- 12-month gross sales (incl. reinvestments): $37.2M
- Sales ÷ redemptions: 0.38×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.2M | $4.6M | −$2.3M |
| Apr 2026 | $2.3M | $5.9M | −$3.6M |
| Mar 2026 | $3.5M | $11.0M | −$7.6M |
| Feb 2026 | $2.7M | $7.0M | −$4.4M |
| Jan 2026 | $3.7M | $7.4M | −$3.7M |
| Dec 2025 | $6.1M | $14.5M | −$8.3M |
| Nov 2025 | $2.7M | $5.8M | −$3.1M |
| Oct 2025 | $2.7M | $23.2M | −$20.4M |
| Sep 2025 | $3.5M | $5.9M | −$2.4M |
| Aug 2025 | $2.7M | $4.0M | −$1.3M |
| Jul 2025 | $2.5M | $3.9M | −$1.5M |
| Jun 2025 | $2.6M | $4.7M | −$2.1M |
FTESX Assets Under Management
Net assets of Templeton Emerging Markets Small Cap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $317.79M |
| 2026-02-28 | $329.13M |
| 2025-11-30 | $321.48M |
| 2025-08-31 | $344.90M |
| 2025-05-31 | $337.11M |
| 2025-02-28 | $308.78M |
| 2024-11-30 | $328.72M |
| 2024-08-31 | $354.00M |
| 2024-05-31 | $339.72M |
| 2024-02-29 | $350.47M |
| 2023-11-30 | $358.97M |
| 2023-08-31 | $397.99M |
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.