LMTIX Fees and Costs — Franklin U.S. Large Cap Equity Fund, Class I
Data updated: 2026-07-22
The net expense ratio is 0.80%: a 0.70% management fee plus 0.19% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $105K in broker commissions, 0.0292% of average net assets, and portfolio turnover was 52%.
LMTIX Fees and Expenses
Annual operating expenses and sales charges of LMTIX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.89% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.80% |
| 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 |
LMTIX Costs Over Time
On $10,000 invested in LMTIX, assuming 5% a year before costs, total costs come to $520 over 5 years, cutting the return by 0.87% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $13 | $48 |
| Total costs | $87 | $286 | $520 |
| Value after costs | $10,413 | $11,291 | $12,242 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
LMTIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0292%
- Total broker commissions: $105K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 52%
- Securities lending: none during the year
LMTIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $28K | 26.60% |
| J.P. MORGAN SECURITIES LLC | $20K | 18.97% |
| INSTINET, LLC | $18K | 17.13% |
| BARCLAYS CAPITAL, INC. | $18K | 16.76% |
| SG AMERICAS SECURITIES LLC | $9K | 8.33% |
| CITIGROUP GLOBAL MARKETS INC. | $7K | 7.11% |
| BOFA SECURITIES, INC. | $4K | 3.55% |
| LIQUIDNET, INC. | $1K | 1.06% |
| GOLDMAN SACHS & CO. LLC | $384 | 0.36% |
| MORGAN STANLEY & CO. LLC | $145 | 0.14% |
Franklin U.S. Large Cap Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LMISX | Class IS | 0.70% | none |
| LMTIX | Class I | 0.80% | none |
| LMUPX | C000063384 | 1.05% | 5.50% |
| LMUSX | Class FI | 1.05% | none |
| LMUOX | C000063387 | 1.30% | none |
| LMUGX | C000063385 | 1.80% | 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.