Franklin Gold And Precious Metals Fund

Franklin Gold and Precious Metals Fund · 4 share classes

Actively managed developed international equity fund
One fund, 4 share classes:FKRCXFRGOXFGADXFGPMX
$3.45B NAV
254 positions · as of 2026-04-30 · filed 2026-06-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Franklin Gold And Precious Metals Fund is an actively managed developed international equity fund.

Asset class
Equity
Region
Developed international
Management
Actively managed
Fund type
Open-end fund
Features
Non-diversified

Fund profile

As filed in the prospectus · 2025 Q4

Capital appreciation. The Fund's secondary goal is to provide shareholders with current income through dividends or interest received from its investments.

Strategy · summarised

The fund invests at least 80% of its net assets in securities of gold and precious metals operation companies worldwide, focusing on firms with low-cost reserves, experienced management, and long-life production profiles or expandable resource bases. As a non-diversified fund, it concentrates a greater portion of assets in fewer issuers than a diversified fund and may heavily invest in small- and mid-capitalization companies, with a substantial portion of holdings currently domiciled in Canada. Because the fund invests in a smaller number of issuers, performance depends materially on the success of those concentrated positions.

Expenses
0.54% 1.62%across 4 share classes
Share classGrossNet
FKRCX0.87%0.87%
FRGOX1.62%1.62%
FGADX0.62%0.62%
FGPMX0.57%0.54%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 22.76% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.88%
of net assets
Stocks98.22%
Other1.23%
Cash & short-term0.43%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 31 new25 exited

Largest new: Thesis Gold & Silver, Inc., Cambria Gold Mines, Inc., CDE, Americas Gold & Silver Corp., Maritana Minerals Ltd., Helius Minerals Ltd., Blossom Gold, Inc., Gold Fields Ltd.

Largest exited: Robex Resources, Inc., Allied Gold Corp., New Gold, Inc., Ascot Resources Ltd. ×2, Thesis Gold, Inc. ×2, Americas Gold & Silver Corp.

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+109.08%+239.89%+187.98%45.01%-21.95%
+107.55%+232.32%+177.38%44.96%-22.44%
+109.60%+242.41%+191.56%45.00%-21.81%
+109.73%+243.31%+193.04%45.00%-21.73%

These classes hold the same portfolio, so the 15.66pp spread over 5 years is the cost difference between them — roughly 3.13pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Alamos Gold, Inc.AGI4.91%$169.51M
Barrick Mining Corp.B4.76%$164.53M
G Mining Ventures Corp.4.37%$150.99M
Equinox Gold Corp.EQX3.79%$131.11M
Newmont Corp.2.94%$101.45M
Anglogold Ashanti plc2.78%$96.16M
Newmont Corp.NEM2.54%$87.83M
Agnico Eagle Mines Ltd.AEM2.38%$82.06M
Greatland Resources Ltd.2.27%$78.60M
Perseus Mining Ltd.2.22%$76.81M
Showing 10 of 254Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 32.97% of net assets, top 25 51.38%, across 175 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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