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Managed Fund Since 2024
Equity
TEPLX Templeton Growth Fund, Inc.
- Global pioneers, local experts. The team’s local presence and global reach enable it to capitalize on unique insights and pursue long-term growth opportunities.
- Deep fundamental research. Utilizing detailed fundamental models with long-term forecasts allows the team to pursue an unconstrained opportunity set that spans geographies, sectors, and styles.
- True Diversification. Our investment mix changes as opportunities arise around the world.
Popular Documents
Overview
Fund Facts
Fund description
The fund seeks long-term capital growth by investing primarily in the equity securities of companies located anywhere in the world, including developing markets.
- Benchmark
3 - MSCI All Country World Index-NR
- Fund Inception Date
- 11/29/1954
- Dividend Frequency, if any
- Annually
- Portfolio Turnover
- 43%
Identifiers
- Ticker
- TEPLX
- Fund Number
- 101
- CUSIP Code
- 880199104
Average Annual Total Returns As of 11/30/2025
Class A
- 10.75%1 Year
- 12.30%3 Years
- 7.46%5 Years
- 5.82%10 Years
- 11.22%Since Inception
11/29/1954
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Sectors
As of 12/31/2025 % of Total (Updated Monthly)
Capital Goods17.73% | |
Banks11.54% | |
Semiconductors & Semiconductor Equipment9.78% | |
Pharmaceuticals, Biotechnology & Life Sciences8.32% | |
Media & Entertainment8.05% |
Additional Fund Info
- Share Class Inception Date
- 11/29/1954
- Investment Style
- Value
- Lipper Classification
- N/A
- Morningstar Category
7 - Global Large-Stock Blend
Manager and Commentary
About the Team
Templeton Global Investments
Templeton Global Investments combines extensive local presence and expertise with a flexible investment approach to give clients access to a broad set of global growth opportunities.
Commentary Highlights
June 30, 2025- Markets: The MSCI All Country World Index of stocks generated positive returns in US-dollar terms for the quarter. Emerging market equities outperformed developed market equities, while global growth stocks outperformed global value stocks.
- Contributors: Stock selection in the industrials, information technology and consumer discretionary sectors contributed to performance relative to the MSCI All Country World Index-NR for the second quarter of 2025.
- Detractors: Stock selection in the health care and financials sectors and stock selection and an underweight in the communication services sector detracted from relative performance.
- Outlook: Our approach prioritizes long-term quality, consistency and compounding, even when it occasionally results in short-term underperformance relative to the fund’s benchmark. As always, our primary focus remains on constructing resilient portfolios that we believe can deliver compelling returns through full market cycles.
Templeton Global Investments
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Managed Fund Since 2019
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Managed Fund Since 2016
Latest Insights
January 7, 2026
January 5, 2026
January 2, 2026
December 17, 2025
Performance
Average Annual Total Returns
As of 11/30/2025
Selected Month November 2025
Class A - With Sales Charge (POP) (%)
Month End
As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
Month End
As of 11/30/2025
MSCI All Country World Index-NR (%) 3
Month End
As of 11/30/2025
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Ratings 10
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Portfolio
Assets
As of12/31/2025 (Updated Monthly)
- Total Net Assets
- $9.24 Billion
Portfolio Statistics
As of 12/31/2025 (Updated Monthly)
Price to Earnings (12-Month Trailing)
- Fund
- 25.30x
- Benchmark
- 23.16x
- Fund
- 15.55x
- Benchmark
- 14.56x
- Fund
- $937.28 Billion
- Benchmark
- $819.60 Billion
- Fund
- 3.77x
- Benchmark
- 3.60x
Asset Allocation
As of 12/31/2025 % of Total (Updated Monthly)
| Holdings | Fund |
|---|---|
Equity | 96.62% |
Cash & Cash Equivalents | 3.38% |
Holdings
As of 11/30/2025 (Updated Monthly)
Cash and Cash Equivalents
Alphabet Inc COM USD.001 CL A
Microsoft Corp COM USD0.001
NVIDIA Corp COM USD.001
Taiwan Semiconductor Manufacturing Co Ltd SPONSORED ADR
Amazon.com Inc COM USD.01
Thermo Fisher Scientific Inc COM USD1
Apple Inc COM USD.00001
Eli Lilly & Co COM NPV
Airbus SE ORD EUR1
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
Distributions & Tax
- Distribution Frequency
- AnnuallyThis fund is an ex-Dividend fund
- Capital Gain Distributions
- December
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
12/11/2025
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.
Pricing
Pricing History
As of 01/08/2026 (Updated Daily)
Daily Fund Prices and Breakpoints
As of 01/08/2026
Share Prices
As of 01/08/2026
POP and Sales Charge at Breakpoints
Less than $25,000
$25,000 - $49,999
$50,000 - $99,999
$100,000 - $249,999
$250,000 - $499,999
$500,000 - $749,999
$750,000 - $999,999
52-Week Range
- Highest NAV
As of 12/11/2025 - $32.28
- Lowest NAV
As of 04/08/2025 - $23.64
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Templeton Growth Fund, Inc. | |||
| Product Commentary - Templeton Growth Fund Inc. |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Templeton Growth Fund Inc. - Class A | |||
| Annual Financial Statements and Other Information - Templeton Growth Fund, Inc. | |||
| Semi-Annual Report - Templeton Growth Fund Inc. - Class A | |||
| Semi-Annual Financial Statements and Other Information - Templeton Growth Fund, Inc. | |||
| Prospectus - Templeton Growth Fund | |||
| Summary Prospectus - Templeton Growth Fund | |||
| Statement of Additional Information - Templeton Growth Fund | |||
| Fiscal Q1 Holdings - Templeton Growth Fund | |||
| Fiscal Q3 Holdings - Templeton Growth Fund |
Risks
All investments involve risks, including possible loss of principal. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. To the extent the fund invests in companies in a specific country or region, the fund may experience greater volatility than a fund that is more broadly diversified geographically. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus.
Important Information
Total Returns include change in share price, assume reinvestment of all distributions, and reflect the deduction of fund expenses and applicable fees. Total returns, distribution rate, and yields reflect any applicable expense reductions and fee waivers; without these reductions, the results would have been lower.
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
The MSCI All Country World Index is a market capitalization-weighted index that is designed to measure equity market performance of developed and emerging markets.
MSCI All Country World Index-NR reflects performance of the MSCI All Country World Index (gross returns) from fund inception through 12/31/2000 and the MSCI All Country World Index-NR thereafter.
Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
Net Returns (NR) include income net of tax withholding when dividends are paid.