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Managed Fund Since 2022
Equity
TEMGX Templeton Global Smaller Companies Fund
- Broad Diversification. We invest across many countries and industries, focusing on companies with less than $2 billion in market cap.
- Global Presence. Our global reach includes offices in Edinburgh, Nassau and Singapore, as well as Shanghai, Mumbai, Warsaw and Dubai.
- A Clear Philosophy, Consistently Applied. Disciplines and traditions founded by Sir John Templeton in 1940 continue today.
Popular Documents
Total Net Assets
$790.47M
As of 10/31/2025 (Updated Monthly)
Overview
Fund Facts
Fund description
The fund seeks long-term capital growth by investing at least 80% of its net assets in securities of smaller companies (with market capitalizations not exceeding the lesser of the highest market capitalization in the benchmark or $10 billion at the time of purchase) located anywhere in the world, including emerging markets.
- Benchmark
4 - MSCI All Country World Small Cap Index-NR
- Fund Inception Date
- 06/01/1981
- Dividend Frequency, if any
- Annually
- Portfolio Turnover
- 12%
Identifiers
- Ticker
- TEMGX
- Fund Number
- 103
- CUSIP Code
- 88022L102
Average Annual Total Returns As of 10/31/2025
Class A
- -3.64%1 Year
- 8.08%3 Years
- 4.31%5 Years
- 4.78%10 Years
- 8.58%Since Inception
06/01/1981
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 10/31/2025 % of Total (Updated Monthly)
Capital Goods16.60% | |
Consumer Durables & Apparel13.94% | |
Financial Services10.26% | |
Technology Hardware & Equipment8.24% | |
Banks7.92% |
Additional Fund Info
- Share Class Inception Date
- 06/01/1981
- Investment Style
- Value
- Lipper Classification
- Global Small-/Mid-Cap Funds
- Morningstar Category
3 - Global Small/Mid Stock
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.
Templeton Global Investments
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Managed Fund Since 2022
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Managed Fund Since 2015
Latest Insights
November 6, 2025
November 6, 2025
April 4, 2024
Performance
Average Annual Total Returns
As of 10/31/2025
Selected Month October 2025
Class A - With Sales Charge (POP) (%)
Month End
As of 10/31/2025
Class A - Without Sales Charge (NAV) (%)
Month End
As of 10/31/2025
MSCI All Country World Small Cap Index-NR (%) 4
Month End
As of 10/31/2025
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 3
©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 of10/31/2025 (Updated Monthly)
- Total Net Assets
- $790.47 Million
Positions
As of 10/31/2025 (Updated Monthly)
Number of Issuers
- Fund
- 96
- Benchmark
- 5,775
Portfolio Statistics
As of 10/31/2025 (Updated Monthly)
Price to Earnings (12-Month Trailing)
- Fund
- 17.48x
- Benchmark
- 25.45x
- Fund
- $4.95 Billion
- Benchmark
- $5.26 Billion
- Fund
- 1.98x
- Benchmark
- 1.90x
- Fund
- 11.11x
- Benchmark
- 12.24x
Sector Allocation
As of 10/31/2025 % of Total (Updated Monthly)
| Sector | % of Total | Benchmark |
|---|---|---|
Capital Goods | 16.60% | 15.30% |
Consumer Durables & Apparel | 13.94% | 3.25% |
Financial Services | 10.26% | 6.03% |
Technology Hardware & Equipment | 8.24% | 5.27% |
Banks | 7.92% | 5.32% |
Health Care Equipment & Services | 5.28% | 3.67% |
Pharmaceuticals, Biotechnology & Life Sciences | 4.89% | 6.28% |
Food, Beverage & Tobacco | 4.27% | 2.35% |
Consumer Services | 3.93% | 3.19% |
Materials | 3.68% | 8.09% |
Automobiles & Components | 3.03% | 1.91% |
Real Estate Management & Development | 2.48% | 2.13% |
Commercial & Professional Services | 2.36% | 3.00% |
Energy | 2.31% | 3.93% |
Household & Personal Products | 2.15% | 0.52% |
Equity Real Estate Investment Trusts (REITs) | 1.56% | 5.30% |
Consumer Discretionary Distribution & Retail | 1.40% | 3.07% |
Utilities | 0.71% | 2.93% |
Semiconductors & Semiconductor Equipment | 0.63% | 3.70% |
Software & Services | 0.53% | 4.76% |
Consumer Staples Distribution & Retail | 0.49% | 1.47% |
Insurance | — | 2.59% |
Media & Entertainment | — | 2.49% |
Transportation | — | 2.30% |
Telecommunication Services | — | 1.15% |
Cash & Cash Equivalents | 3.32% | — |
Holdings
As of 10/31/2025 (Updated Monthly)
Cash and Cash Equivalents
OneSpaWorld Holdings Ltd ORD USD 0.0001
Technogym SpA ORD EUR NPV
Interpump Group SpA ORD EUR.52
Asics Corp ORD JPY1
AllianceBernstein Holding LP MLP USD NPV
Patrick Industries Inc COM USD NPV
TrustCo Bank Corp NY COM USD1
Logitech International SA ORD REGD CHF.25
Jones Lang LaSalle Inc COM USD.01
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
12/19/2025
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 11/26/2025 (Updated Daily)
Daily Fund Prices and Breakpoints
As of 11/26/2025
Share Prices
As of 11/26/2025
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 12/04/2024 - $10.28
- Lowest NAV
As of 04/08/2025 - $7.77
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Templeton Global Smaller Companies Fund |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Templeton Global Smaller Companies Fund - Class A | |||
| Annual Financial Statements and Other Information - Templeton Global Smaller Companies Fund | |||
| Semi-Annual Report - Templeton Global Smaller Companies Fund - Class A | |||
| Semi-Annual Financial Statements and Other Information - Templeton Global Smaller Companies Fund | |||
| Prospectus - Templeton Global Smaller Companies Fund | |||
| Summary Prospectus - Templeton Global Smaller Companies Fund | |||
| Statement of Additional Information - Templeton Global Smaller Companies Fund | |||
| Fiscal Q1 Holdings - Templeton Global Smaller Companies Fund | |||
| Fiscal Q3 Holdings - Templeton Global Smaller Companies Fund |
Risks
All investments involve risks, including possible loss of principal. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. Liquidity risk exists when securities or other investments become more difficult to sell, or are unable to be sold, at the price at which they have been valued. 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. 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
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.
The MSCI All Country World Small Cap Index is a market capitalization-weighted index that is designed to measure small-capitalization equity market performance of developed and emerging markets.
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.
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.