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FRANKLIN GOLD & PRECIOUS METALS FUND
mutual fund
FGADX
Payout Change
Pending
Price as of:
$19.08
-2.16
-10.17%
primary theme
Precious Metals Industry Equity
share class
FGADX (Mutual Fund)
FRANKLIN GOLD & PRECIOUS METALS FUND
Payout Change
Pending
Price as of:
$19.08
-2.16
-10.17%
primary theme
Precious Metals Industry Equity
share class
FGADX (Mutual Fund)
FRANKLIN GOLD & PRECIOUS METALS FUND
Payout Change
Pending
Price as of:
$19.08
-2.16
-10.17%
primary theme
Precious Metals Industry Equity
share class
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
5.6%
1 yr return
5.6%
3 Yr Avg Return
-4.6%
5 Yr Avg Return
5.0%
Net Assets
$789 M
Holdings in Top 10
31.4%
52 WEEK LOW AND HIGH
$21.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.67%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.91%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FGADX - Profile
Distributions
- YTD Total Return 5.6%
- 3 Yr Annualized Total Return -4.6%
- 5 Yr Annualized Total Return 5.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.41%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFRANKLIN GOLD & PRECIOUS METALS FUND
-
Fund Family NameFranklin Templeton Group of Funds
-
Inception DateMar 29, 1999
-
Shares Outstanding13566512
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSteve Land
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets in securities of gold and precious metals operation companies. Gold and precious metals operation companies include companies that mine, process, or deal in gold or other precious metals, such as silver, platinum, and palladium, including mining finance and exploration companies as well as operating companies with long- or medium-life mines. Several metals, including non-precious metals such as copper, zinc or nickel, often can be found in the earth together and as a result, precious metals may not be the primary business of the company. For purposes of the Fund’s 80% policy, such companies may be considered to be gold and precious
metals operation companies as long as the investment manager determines, in its sole discretion, that the company provides attractive exposure to precious metals.
The Fund is a "non-diversified" fund, which means it generally invests a greater portion of its assets in the securities of one or more issuers and may invest overall in a smaller number of issuers than a diversified fund.
The Fund may buy securities of gold and precious metals operation companies located anywhere in the world and in general invests predominantly in non-U.S. companies. Currently a substantial portion of the companies in which the Fund invests are domiciled in Canada, although the mining operations of such companies often take place in other countries, including emerging and frontier markets. The Fund may invest in companies without regard to market capitalization, and may heavily invest in small- and mid-capitalization companies. The Fund primarily invests in equity securities, primarily common stock. The Fund also invests in American, Global and European Depositary Receipts.
The Fund’s investment manager looks for companies with low cost reserves and experienced management teams with established track records, particularly focusing on companies with long life production profiles, expandable resource bases, and active exploration programs that can potentially drive future reserve and production growth.
FGADX - Performance
Return Ranking - Trailing
| Period | FGADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.6% | -34.4% | 25.0% | 18.46% |
| 1 Yr | 5.6% | -30.9% | 22.6% | 20.00% |
| 3 Yr | -4.6%* | -25.2% | 8.5% | 87.69% |
| 5 Yr | 5.0%* | -2.3% | 9.2% | 26.56% |
| 10 Yr | 5.9%* | -3.1% | 10.1% | 32.08% |
* Annualized
Return Ranking - Calendar
| Period | FGADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -0.9% | -19.2% | 10.1% | 78.46% |
| 2022 | -23.2% | -32.9% | -1.3% | 92.31% |
| 2021 | -11.7% | -51.0% | 70.4% | 50.77% |
| 2020 | 30.0% | 10.6% | 63.4% | 35.94% |
| 2019 | 51.9% | -1.0% | 54.7% | 6.90% |
Total Return Ranking - Trailing
| Period | FGADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.6% | -34.4% | 25.0% | 18.46% |
| 1 Yr | 5.6% | -30.9% | 22.6% | 20.00% |
| 3 Yr | -4.6%* | -25.2% | 8.5% | 87.69% |
| 5 Yr | 5.0%* | -2.3% | 9.2% | 26.56% |
| 10 Yr | 5.9%* | -3.1% | 10.1% | 32.08% |
* Annualized
Total Return Ranking - Calendar
| Period | FGADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.2% | -19.2% | 12.3% | 72.31% |
| 2022 | -23.2% | -32.9% | 2.7% | 92.31% |
| 2021 | -3.5% | -23.6% | 80.2% | 13.85% |
| 2020 | 44.0% | 10.6% | 70.6% | 12.50% |
| 2019 | 51.9% | 0.7% | 58.5% | 15.52% |
NAV & Total Return History
FGADX - Holdings
Concentration Analysis
| FGADX | Category Low | Category High | FGADX % Rank | |
|---|---|---|---|---|
| Net Assets | 789 M | 12.9 M | 14 B | 38.46% |
| Number of Holdings | 206 | 22 | 268 | 3.08% |
| Net Assets in Top 10 | 322 M | 11.1 M | 9.64 B | 56.92% |
| Weighting of Top 10 | 31.35% | 31.4% | 87.4% | 95.38% |
Top 10 Holdings
- Newmont Corp. 4.55%
- Perseus Mining Ltd. 3.67%
- G Mining Ventures Corp/old 3.64%
- Barrick Gold Corp. 3.45%
- Agnico Eagle Mines Ltd. 3.30%
- Endeavour Mining plc 2.79%
- Red 5 Ltd. 2.72%
- Newmont Corp. 2.61%
- Alamos Gold, Inc., Class A 2.45%
- Emerald Resources NL 2.18%
Asset Allocation
| Weighting | Return Low | Return High | FGADX % Rank | |
|---|---|---|---|---|
| Stocks | 98.44% | 79.45% | 119.48% | 63.08% |
| Cash | 0.55% | 0.00% | 13.94% | 63.08% |
| Preferred Stocks | 0.00% | 0.00% | 0.71% | 10.77% |
| Other | 0.00% | -1.52% | 17.99% | 63.08% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 9.23% |
| Bonds | 0.00% | 0.00% | 3.33% | 15.38% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FGADX % Rank | |
|---|---|---|---|---|
| Basic Materials | 99.72% | 93.10% | 100.00% | 80.00% |
| Industrials | 0.26% | 0.00% | 4.56% | 7.69% |
| Utilities | 0.02% | 0.00% | 0.02% | 1.54% |
| Technology | 0.00% | 0.00% | 0.19% | 12.31% |
| Real Estate | 0.00% | 0.00% | 0.00% | 9.23% |
| Healthcare | 0.00% | 0.00% | 0.00% | 9.23% |
| Financial Services | 0.00% | 0.00% | 0.14% | 12.31% |
| Energy | 0.00% | 0.00% | 2.88% | 23.08% |
| Communication Services | 0.00% | 0.00% | 0.00% | 9.23% |
| Consumer Defense | 0.00% | 0.00% | 0.00% | 9.23% |
| Consumer Cyclical | 0.00% | 0.00% | 2.75% | 12.31% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FGADX % Rank | |
|---|---|---|---|---|
| Non US | 82.34% | 0.00% | 90.88% | 15.38% |
| US | 16.10% | 4.58% | 93.04% | 90.77% |
FGADX - Expenses
Operational Fees
| FGADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.67% | 0.39% | 5.11% | 76.92% |
| Management Fee | 0.48% | 0.35% | 1.00% | 10.77% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.10% | 0.25% | 15.38% |
Sales Fees
| FGADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| FGADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FGADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.91% | 1.00% | 114.00% | 41.27% |
FGADX - Distributions
Dividend Yield Analysis
| FGADX | Category Low | Category High | FGADX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.63% | 0.00% | 4.36% | 13.85% |
Dividend Distribution Analysis
| FGADX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| FGADX | Category Low | Category High | FGADX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.41% | -18.00% | 5.11% | 47.69% |
Capital Gain Distribution Analysis
| FGADX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2023 | $0.559 | OrdinaryDividend |
| Dec 01, 2021 | $2.098 | OrdinaryDividend |
| Dec 01, 2020 | $2.708 | OrdinaryDividend |
| Dec 01, 2017 | $0.103 | OrdinaryDividend |
| Dec 01, 2016 | $1.400 | OrdinaryDividend |
| Dec 01, 2014 | $0.199 | OrdinaryDividend |
| Dec 03, 2012 | $0.336 | CapitalGainLongTerm |
| Dec 03, 2012 | $0.040 | OrdinaryDividend |
| Dec 01, 2011 | $1.300 | CapitalGainLongTerm |
| Dec 01, 2011 | $0.975 | OrdinaryDividend |
| Dec 30, 2010 | $0.098 | ExtraDividend |
| Dec 01, 2010 | $0.597 | CapitalGainShortTerm |
| Dec 01, 2010 | $1.789 | CapitalGainLongTerm |
| Dec 01, 2010 | $5.545 | OrdinaryDividend |
| Dec 01, 2009 | $2.290 | OrdinaryDividend |
| Dec 01, 2009 | $0.194 | CapitalGainShortTerm |
| Dec 01, 2009 | $0.396 | CapitalGainLongTerm |
| Dec 03, 2007 | $0.084 | CapitalGainShortTerm |
| Dec 03, 2007 | $1.781 | CapitalGainLongTerm |
| Dec 03, 2007 | $2.060 | OrdinaryDividend |
| Dec 01, 2006 | $1.001 | CapitalGainLongTerm |
| Dec 01, 2006 | $0.853 | OrdinaryDividend |
| Dec 01, 2005 | $0.200 | OrdinaryDividend |
| Dec 01, 2004 | $0.052 | OrdinaryDividend |
| Dec 01, 2003 | $0.127 | OrdinaryDividend |
| Dec 02, 2002 | $0.138 | OrdinaryDividend |
| Dec 03, 2001 | $0.270 | OrdinaryDividend |
| Dec 01, 2000 | $0.134 | OrdinaryDividend |
FGADX - Fund Manager Analysis
Managers
Steve Land
Start Date
Tenure
Tenure Rank
Apr 01, 1999
23.18
23.2%
Stephen M. Land, CFA, Portfolio Manager of Franklin Advisers, Inc. Mr. Land has been lead portfolio manager. He has final authority over all aspects of the Fund's investment portfolio, including but not limited to, purchases and sales of individual securities, portfolio risk assessment, and the management of daily cash balances in accordance with anticipated investment management requirements. The degree to which he may perform these functions, and the nature of these functions, may change from time to time. He joined Franklin Templeton Investments in 1997.
Frederick Fromm
Start Date
Tenure
Tenure Rank
Dec 31, 2005
16.42
16.4%
Mr. Fromm has been a portfolio manager of the Fund since 2005, providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. He joined Franklin Templeton in 1992.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 1.25 | 34.34 | 11.89 | 1.3 |
