Fund Evaluator:
Templeton Global Smaller Comp C (TESGX)
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Fund Details
Templeton Global Smaller Comp C Overview
Templeton Global Smaller Comp C (TESGX) is an actively managed International Equity Global Small/Mid Stock fund. Franklin Templeton Investments launched the fund in 1995.
The investment seeks long-term capital growth. The fund normally invests at least 80% of its net assets in securities of smaller companies located anywhere in the world. The securities in which the fund invests are primarily or predominantly common stocks. The fund may invest a significant amount of its assets in the securities of companies located in emerging markets. It will invest its assets in issuers located in at least three different countries (including the United States) and will invest at least 40% of its net assets in foreign securities.
About Templeton Global Smaller Comp C (TESGX)
There are 3 members of the management team with an average tenure of 6.81 years: David Tuttle (2015), Katie Ylijoki (2022), Kyle Denning (2022). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MSCI ACWI Small NR USD index with a weighting of 100%. Templeton Global Smaller Comp C has 75 securities in its portfolio. The top 10 holdings constitute 23.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Templeton Global Smaller Comp C is part of the Equity global asset class and is within the International Equity fund group. Templeton Global Smaller Comp C has 49.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 45.6%. There is 49.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Templeton Global Smaller Comp C has 4.5% of the portfolio in cash.
Assets Under Management
The fund has $2 million in total assets, which is below the $892 million average for the Global Small/Mid Stock category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
TESGX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Templeton Global Smaller Comp C expense ratio is high compared to funds in the Global Small/Mid Stock category. Templeton Global Smaller Comp C has an expense ratio of 2.08%, which is 66% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Templeton Global Smaller Comp C has a portfolio turnover rate of 15%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 57% for the Global Small/Mid Stock category.
Recently, in the month of July 2026, Templeton Global Smaller Comp C returned -1.9%, which earned it a grade of C, as the Global Small/Mid Stock category had an average return of -2.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Templeton Global Smaller Comp C has a trailing yield of 0.58%, which is below the 1.34% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Templeton Global Smaller Comp C Grades
Year to date, the fund has returned 9.8%, 1.1 percentage points worse than the category, which translates into a grade of D. The fund has returned 12.9% over the past year (grade of D), 6.6% over the past three years (grade of D) and 0.2% per year over the past five years (grade of D) and 5.5% per year over the past 10 years (grade of F).
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TESGX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TESGX Return (NAV) | -1.9% | 4.2% | 12.9% | 6.6% | 0.2% | 5.5% |
| TESGX Grade | C | B | D | D | D | F |
| +/- Category | 0.0% | 2.5% | -3.9% | -2.8% | -2.8% | -2.7% |
| Global Small/Mid Stock Avg | -2.0% | 1.7% | 16.8% | 9.4% | 2.9% | 8.3% |
| TESGX Tax Cost Ratio | na | na | 1.1% | 0.6% | 1.0% | 0.9% |
TESGX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TESGX Return (NAV) | 9.8% | 4.6% | 2.8% | 15.8% | -24.6% | 14.2% | 12.4% | 23.5% | -18.6% | 24.8% | 9.5% |
| TESGX Grade | D | F | C | C | C | C | D | F | F | D | B |
| +/- Category | -1.1% | -9.6% | -0.2% | -0.7% | -2.2% | -1.9% | -15.1% | -4.1% | -4.5% | -1.3% | 1.7% |
| Global Small/Mid Stock Avg | 10.9% | 14.2% | 2.9% | 16.5% | -22.3% | 16.1% | 27.5% | 27.6% | -14.0% | 26.0% | 7.9% |
| Risk Measures | |
| Standard Deviation: | 16.2% |
| Total Risk Index: | 1.32 - Above Average |
| Category Risk Index: | 0.96 - Average |
| Category Risk Grade: | C (45% Rank) |
| Beta: | 1.13 |
| R-Squared: | 77% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.6% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $801 Mil |
| Fund Total Assets: | $ 2 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 16% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 11.6 years | |||
| Average Tenure: 6.8 years | |||
| Managers (Year): Tuttle David (2015), Ylijoki Katie (2022), Denning Kyle (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 75 |
| % in Top 10 Holdings: | 23.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 49.8% |
Portfolio Allocation |
|
| Domestic Stock: | 45.6% |
| Foreign Stock: | 49.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 4.5% |
Purchase Information
| Fund Family: | Franklin Templeton Investments |
| Phone Number: | 800-342-5236 |
| Website: | www.franklintempleton.com |
| Status: | Open |
| Inception Date: | May 1, 1995 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 250 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 2.08% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.26% |
| Share Class: | Templeton Global Smaller Comp A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
