TEGRX Fees and Costs — Templeton Growth Fund, Inc., Class R
Data updated: 2026-07-27
The net expense ratio is 1.28%: a 0.69% management fee, a 0.50% 12b-1 fee plus 0.09% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8.8M in broker commissions, 0.1030% of average net assets, and portfolio turnover was 76%.
TEGRX Fees and Expenses
Annual operating expenses and sales charges of TEGRX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.09% |
| Gross expense ratio | 1.28% |
| Fee waiver | — |
| Net expense ratio | 1.28% |
| 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 | No |
| Waived fees subject to recoupment | No |
TEGRX Costs Over Time
On $10,000 invested in TEGRX, assuming 5% a year before costs, total costs come to $858 over 5 years, cutting the return by 1.45% 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 1.28%) | $134 | $418 | $721 |
| Trading costs (broker commissions) | $11 | $34 | $58 |
| Lost growth on money paid in costs | $0 | $22 | $79 |
| Total costs | $145 | $474 | $858 |
| Value after costs | $10,355 | $11,103 | $11,904 |
| Impact on return, per year | 1.45% | 1.45% | 1.45% |
TEGRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1030%
- Total broker commissions: $8.8M
- Bought from dealers (principal trades, not a cost): $104.0B
- Portfolio turnover (prospectus): 76%
- Securities lending: none during the year
TEGRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $1.3M | 20.59% |
| Liquidnet, Inc. | $919K | 14.40% |
| J.P. Morgan Securities LLC | $701K | 10.99% |
| Morgan Stanley & Co. LLC | $628K | 9.84% |
| Jefferies LLC | $542K | 8.50% |
| RBC Capital Markets, LLC | $539K | 8.45% |
| UBS Securities LLC | $539K | 8.45% |
| Virtu Americas LLC | $452K | 7.08% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $403K | 6.32% |
| CLSA Americas, LLC | $343K | 5.38% |
TEGRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Bank of Canada | $46.6B | 44.77% |
| Credit Agricole Securities (USA) Inc. | $30.6B | 29.41% |
| RBC Capital Markets, LLC | $23.7B | 22.78% |
| Bank of Montreal | $2.0B | 1.88% |
| Barclays Capital, Inc. | $599.8M | 0.58% |
| Australia and New Zealand Banking Group Limited | $356.0M | 0.34% |
| UBS Securities LLC | $199.9M | 0.19% |
| TD SECURITIES (USA) LLC | $50.0M | 0.05% |
| BNP Paribas Securities Corp. | $258 | 0.00% |
Templeton Growth Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FTGFX | Class R6 | 0.73% | none |
| TGADX | Advisor Class | 0.78% | none |
| TEPLX | Class A | 1.03% | 5.50% |
| TEGRX | Class R | 1.28% | none |
| FTGQX | Class C | 1.78% | 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.