Franklin Growth Opportunities Fund Advisor Class (FRAAX)
| Fund Assets | 4.47B |
| Expense Ratio | 0.66% |
| Min. Investment | $1,000 |
| Turnover | 27.49% |
| Dividend (ttm) | 5.21 |
| Dividend Yield | 8.73% |
| Dividend Growth | -9.66% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 59.73 |
| YTD Return | 5.56% |
| 1-Year Return | 9.86% |
| 5-Year Return | 53.33% |
| 52-Week Low | 45.66 |
| 52-Week High | 65.11 |
| Beta (5Y) | n/a |
| Holdings | 82 |
| Inception Date | Jun 23, 1999 |
About FRAAX
Franklin Growth Opportunities Fund Advisor Class is an actively managed mutual fund focused on capital appreciation by investing primarily in equity securities of companies that exhibit accelerating growth and rising profitability. The fund targets large-cap U.S. companies, particularly those expected to outpace the broader market in terms of earnings, sales, and overall expansion. Its investment approach emphasizes stocks within sectors such as technology, consumer discretionary, and healthcare, as reflected by significant holdings in companies like NVIDIA, Amazon, Meta Platforms, and Microsoft. This strategy results in a portfolio concentrated on firms that are leaders in innovation and rapid industry growth. The fund is positioned within the large-growth category, appealing to investors seeking exposure to dynamic, high-growth enterprises. By emphasizing companies in expanding and transformative industries, Franklin Growth Opportunities Fund Advisor Class plays a significant role in providing access to the growth segment of the U.S. equity market and can serve as a core component for growth-oriented portfolios.
Performance
FRAAX had a total return of 9.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.49%.
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 |