Franklin Growth Opportunities Fund Class A (FGRAX)
| Fund Assets | 4.47B |
| Expense Ratio | 0.91% |
| Min. Investment | $1,000 |
| Turnover | 27.49% |
| Dividend (ttm) | 5.21 |
| Dividend Yield | 9.58% |
| Dividend Growth | -9.66% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 50.99 |
| YTD Return | 5.78% |
| 1-Year Return | 9.44% |
| 5-Year Return | 92.40% |
| 52-Week Low | 39.35 |
| 52-Week High | 56.91 |
| Beta (5Y) | n/a |
| Holdings | 82 |
| Inception Date | Jun 23, 1999 |
About FGRAX
Franklin Growth Opportunities Fund Class A is a mutual fund that seeks capital appreciation by investing primarily in equity securities of companies demonstrating accelerating growth and increasing profitability. The fund focuses on large-cap and growth-oriented sectors, targeting firms believed to have above-average growth prospects compared to the broader economy. Its portfolio is concentrated in leading technology, consumer, and healthcare companies, typically featuring well-known names such as NVIDIA, Amazon, Meta Platforms, Apple, and Microsoft. The fund maintains a diverse spread across approximately 85 holdings, with a significant proportion of assets allocated to its top positions, reflecting a high-conviction approach. Established in 1999, it is managed with a growth investment strategy and is designed to suit investors seeking exposure to dynamic, growth-driven segments of the equity market. The fund requires a minimum investment and operates with a moderate expense ratio, positioning itself as a vehicle for capital appreciation over the long term through active management of high-growth equities.
Performance
FGRAX had a total return of 9.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.22%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FAOFX | Fidelity | Fidelity Advisor Series Growth Opportunities Fund | 0.01% |
| FCGSX | Fidelity | Fidelity Series Growth Company Fund | 0.57% |
| FDGRX | Fidelity | Fidelity Growth Company Fund | 0.52% |
| FGCKX | Fidelity | Fidelity Growth Company Fund - Class K | 0.45% |
| FGKFX | Fidelity | Fidelity Growth Company K6 Fund | 0.45% |
Top 10 Holdings
43.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 6.93% |
| NVIDIA Corporation | NVDA | 6.27% |
| Amazon.com, Inc. | AMZN | 6.00% |
| Microsoft Corporation | MSFT | 5.14% |
| Apple Inc. | AAPL | 4.43% |
| Mastercard Incorporated | MA | 3.68% |
| Axon Enterprise, Inc. | AXON | 3.15% |
| Netflix, Inc. | NFLX | 2.97% |
| Broadcom Inc. | AVGO | 2.69% |
| Eli Lilly and Company | LLY | 2.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $5.2088 | Dec 20, 2024 |
| Dec 20, 2023 | $5.7657 | Dec 20, 2023 |
| Dec 15, 2022 | $1.6818 | Dec 15, 2022 |
| Dec 15, 2021 | $5.0651 | Dec 15, 2021 |
| Dec 15, 2020 | $0.3049 | Dec 15, 2020 |
| Dec 16, 2019 | $3.4218 | Dec 18, 2019 |