Solid early returns under Franklin Small-Mid Cap Growth's relatively new leader haven't come without risks, leading to a Morningstar Analyst Rating of Neutral.
Franklin Small-Mid Cap Growth Adv FSGAX
NAV / 1-Day Return
42.26
/
3.45
%
Total Assets
5.9 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.610%
Expense Ratio
0.610%
Fee Level
Low
Longest Manager Tenure
28.91
years
Category
Mid-Cap Growth
Investment Style
Mid GrowthMin. Initial Investment
100,000
Status
Open
TTM Yield
0.00%
Turnover
54%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FSGAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FSGAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FSGAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FSGAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
There's reason for both optimism and concern.
