TGSAX Performance — Templeton Global Smaller Companies Fund, Advisor Class
Data updated: 2026-07-27
TGSAX returned +9.72% year to date and +18.75% over one year to May 2026. Annualised returns are +10.87% over 3 years and +0.99% over 5 years. The fund trailed its Global Small Blend category average: $100 invested three years ago grew to $136, against $148 for the category, and to $119 over one year, against $133. Volatility over the past three years was 16.50% a year. In the 12 months to May 2026 the fund lost a net $67.7M, and assets reached $811.59M.
TGSAX Growth of $100
What $100 invested in Templeton Global Smaller Companies Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Small Blend category average over the same months.
| Period | TGSAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $119 | $133 |
| 3 years (Jun 2023 – May 2026) | $136 | $148 |
| 5 years (Jun 2021 – May 2026) | $105 | $116 |
| Since data start (Sep 2019 – May 2026) | $160 | $170 |
TGSAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.72% |
| 1 year | +18.75% |
| 3 years (annualised) | +10.87% |
| 5 years (annualised) | +0.99% |
TGSAX Annual Returns
Calendar-year total returns of Templeton Global Smaller Companies Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +9.72% |
| 2025 | +5.62% |
| 2024 | +3.77% |
| 2023 | +16.94% |
| 2022 | −23.82% |
| 2021 | +15.44% |
| 2020 | +13.50% |
| 2019 (Sep–Dec) | +13.96% |
TGSAX 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 | +5.6% | +1.6% | −9.1% | +8.2% | +3.9% | — | — | — | — | — | — | — |
| 2025 | +3.1% | −4.0% | −5.3% | −1.6% | +5.8% | +4.1% | +0.7% | +4.8% | −1.3% | −2.0% | +1.2% | +0.5% |
| 2024 | −3.9% | +4.0% | +3.6% | −5.0% | +6.0% | −2.2% | +5.2% | +2.4% | +0.6% | −4.5% | +3.1% | −4.5% |
| 2023 | +9.0% | −1.6% | +0.1% | +0.1% | −4.1% | +6.0% | +3.7% | −3.7% | −6.0% | −4.8% | +9.2% | +9.5% |
| 2022 | −7.3% | −0.8% | −2.9% | −7.7% | −0.3% | −9.7% | +7.9% | −6.6% | −10.6% | +6.6% | +10.7% | −3.4% |
| 2021 | +0.2% | +6.3% | +3.5% | +4.8% | +1.9% | −1.9% | +1.7% | +1.4% | −5.5% | +3.2% | −4.5% | +4.1% |
| 2020 | −4.0% | −8.6% | −20.6% | +12.3% | +6.7% | +3.6% | +4.4% | +5.3% | +0.4% | −0.4% | +13.1% | +5.6% |
| 2019 | — | — | — | — | — | — | — | — | +3.2% | +3.0% | +3.1% | +3.9% |
TGSAX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 16.50%
- 3-year Sharpe ratio: 0.39 (vs 4.5% risk-free rate)
- Best month: +9.46% (Dec 2023)
- Worst month: −9.06% (Mar 2026)
TGSAX Fund Flows
Monthly money in and out of Templeton Global Smaller Companies Fund, from SEC Form N-PORT.
- 12-month net flow: −$67.7M
- 12-month gross sales (incl. reinvestments): $72.0M
- Sales ÷ redemptions: 0.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.9M | $10.9M | −$8.0M |
| Apr 2026 | $2.8M | $12.9M | −$10.2M |
| Mar 2026 | $3.4M | $12.5M | −$9.1M |
| Feb 2026 | $3.6M | $11.0M | −$7.4M |
| Jan 2026 | $3.0M | $12.1M | −$9.1M |
| Dec 2025 | $37.5M | $14.7M | $22.7M |
| Nov 2025 | $3.5M | $12.2M | −$8.7M |
| Oct 2025 | $3.5M | $12.1M | −$8.6M |
| Sep 2025 | $3.0M | $9.1M | −$6.1M |
| Aug 2025 | $2.9M | $10.2M | −$7.3M |
| Jul 2025 | $2.8M | $10.2M | −$7.4M |
| Jun 2025 | $3.1M | $11.8M | −$8.7M |
TGSAX Assets Under Management
Net assets of Templeton Global Smaller Companies Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $811.59M |
| 2026-02-28 | $822.35M |
| 2025-11-30 | $791.13M |
| 2025-08-31 | $831.57M |
| 2025-05-31 | $779.66M |
| 2025-02-28 | $817.06M |
| 2024-11-30 | $898.19M |
| 2024-08-31 | $933.29M |
| 2024-05-31 | $912.07M |
| 2024-02-29 | $901.99M |
| 2023-11-30 | $850.51M |
| 2023-08-31 | $913.36M |
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.