- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Fort Lauderdale, FL 33394-3091 Fort Lauderdale FL United States of America 33394-3091
- IPO Date
- Jan 2, 1986
- Business
- Templeton Growth Fund, Inc. Class A (TEPLX) is an open-end mutual fund that seeks long-term capital growth by investing primarily in equity securities, predominantly common stocks, of companies located anywhere in the world, including developing markets; the fund employs a value-oriented investment style with a focus on large-cap blend stocks across diversified sectors such as technology, industrials, financial services, consumer cyclical, and healthcare, utilizing deep fundamental research, long-term forecasts, and an unconstrained approach spanning geographies, sectors, and market capitalizations. It benchmarks performance against the MSCI All Country World Index-NR, maintains a portfolio turnover of approximately 43%, and as of late 2025 holds total net assets of around $9.3 billion with about 60 issuers, featuring top holdings including NVIDIA Corp., Microsoft Corp., Amazon.com Inc., Taiwan Semiconductor Manufacturing Co. Ltd., and Alphabet Inc. The fund offers Class A shares with a net expense ratio of 1.03%, a front-end load of 5.50%, and a minimum initial investment of $1,000, paying annual dividends.
Templeton Growth Fund, Inc. was launched on November 29, 1954, and is domiciled in the United States, with management provided by Templeton Global Advisors Limited and Templeton Asset Management Ltd., subsidiaries of Franklin Resources, Inc. The portfolio management team includes Christopher Peel (since June 2016), Warren Pustam (since July 2019), and Peter Sartori (since March 2024), emphasizing global diversification with approximately 45% in non-U.S. stocks, 50% in U.S. stocks, and allocations across regions including North America, Europe (such as the Eurozone and United Kingdom), and Asia (including Japan and Taiwan). Shares are available for sale in the United States and Germany, targeting investors seeking global large-stock blend exposure.
In recent developments, the fund welcomed Peter Sartori to its management team in March 2024, enhancing its global equity expertise amid a focus on long-term quality and compounding returns through market cycles. Franklin Templeton, the parent organization, has pursued broader strategic expansions in 2025, including extending Putnam Investment capabilities internationally in October 2025 and forming a strategic partnership with Copenhagen Infrastructure Partners, DigitalBridge, and Actis in September 2025 to broaden infrastructure solutions for private wealth, alongside platform enhancements like the Canvas platform with tax-aware long-short capabilities. These initiatives reflect ongoing efforts to evolve product offerings and leverage specialist managers globally, though no fund-specific acquisitions, new share classes, or major reorganizations for TEPLX were reported in the last 1-2 years.