Franklin Gold and Precious Metals Fund
FRGOX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Dmitry Chuiko
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- San Mateo, CA 94403-1906 San Mateo CA United States of America 94403-1906
- IPO Date
- Apr 28, 1995
- CIK
- 0000083293
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin Gold and Precious Metals Fund Class C (FRGOX) is an actively managed open-end mutual fund that seeks capital appreciation by investing at least 80% of its net assets in securities of companies worldwide that mine, process, or deal in gold or other precious metals including silver, platinum, and palladium; the fund has a secondary objective of current income through dividends or interest from portfolio holdings. The fund holds equity securities primarily in long life gold mines, gold exploration and development companies, medium life gold mines, diversified metals and mining firms, precious metals and minerals processors, silver miners, and copper producers; top holdings as of recent periods include Newmont Corp, G Mining Ventures Corp, Barrick Mining Corp, Equinox Gold Corp, and Agnico Eagle Mines Ltd, with significant geographic exposure to Canada, Australia, the United States, and South Africa. Non-diversified by design, it concentrates investments in a targeted number of issuers focused on low-cost reserves, experienced management, resource expansion, and production growth potential, benchmarking against the FTSE Gold Mines Index while serving investors seeking precious metals sector exposure. Launched in 1969 and managed by Franklin Templeton, headquartered in San Mateo, California, the fund maintains total net assets of approximately $2.29 billion, with a portfolio turnover of 23% and an expense ratio of 1.67% for Class C shares. Recent developments include robust performance amid 2025 gold price surges to record highs of $3,859 per ounce driven by geopolitical tensions, inflation concerns, and supply tightness in precious metals, boosting miner profitability in Q1-Q2 earnings and positioning Q3 for continued strength; the fund paid an annual dividend of $2.18 per share in December 2024 with a yield around 8-9%, and portfolio allocations reflect ongoing emphasis on exploration amid elevated metal prices.