Franklin Global Equity Fund 1 (LMPEX)
Fund Assets | 453.36M |
Expense Ratio | 1.04% |
Min. Investment | $1,000,000 |
Turnover | 29.00% |
Dividend (ttm) | 0.90 |
Dividend Yield | 3.38% |
Dividend Growth | 284.56% |
Payout Frequency | Annual |
Ex-Dividend Date | Dec 17, 2024 |
Previous Close | 26.76 |
YTD Return | 9.91% |
1-Year Return | 13.42% |
5-Year Return | 110.37% |
52-Week Low | 21.21 |
52-Week High | 26.76 |
Beta (5Y) | n/a |
Holdings | 160 |
Inception Date | Dec 1, 2006 |
About LMPEX
Franklin Global Equity Fund 1 is a mutual fund that primarily invests in a diversified portfolio of large-cap equities across both U.S. and international markets. Its key objective is to provide long-term capital growth by allocating at least 80% of its assets to equity securities, including common stocks of companies from developed and emerging markets. The fund follows a global large-stock blend strategy, targeting industry leaders and high-quality firms with strong growth and value characteristics. Notably, its holdings feature a significant concentration in prominent technology and consumer companies, such as Apple, NVIDIA, and Microsoft, reflecting an emphasis on innovation-driven sectors. With over $440 million in total assets, the fund maintains a broad geographic and sectoral footprint, helping investors access opportunities beyond domestic markets. Its structure is no-load and aims for portfolio diversification, while the relatively high expense ratio positions it in the upper tier of its peer group. Overall, Franklin Global Equity Fund 1 serves as a core global equity holding for investors seeking exposure to major market trends and global economic cycles, balancing U.S. and non-U.S. equity exposure within a single investment vehicle.
Performance
LMPEX had a total return of 13.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.77%.
Top 10 Holdings
25.02% of assetsName | Symbol | Weight |
---|---|---|
NVIDIA Corporation | NVDA | 4.79% |
Microsoft Corporation | MSFT | 4.58% |
Apple Inc. | AAPL | 4.05% |
Amazon.com, Inc. | AMZN | 2.65% |
Meta Platforms, Inc. | META | 2.36% |
Alphabet Inc. | GOOGL | 1.60% |
Alphabet Inc. | GOOG | 1.35% |
Berkshire Hathaway Inc. | BRK.B | 1.24% |
Mastercard Incorporated | MA | 1.22% |
Palantir Technologies Inc. | PLTR | 1.17% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 17, 2024 | $0.8999 | Dec 17, 2024 |
Dec 15, 2023 | $0.2338 | Dec 15, 2023 |
Jun 15, 2023 | $0.00021 | Jun 15, 2023 |
Dec 15, 2022 | $0.86556 | Dec 15, 2022 |
Dec 3, 2021 | $1.91732 | Dec 3, 2021 |
Dec 4, 2020 | $0.15713 | Dec 4, 2020 |