Franklin S&P 500 Index Fund Class A

Frequently Asked Questions About SBSPX

What does SBSPX invest in?

This fund aims to closely track the performance of the S&P 500 Index. To achieve this, it commits at least 80% of its total investment capital, which can include borrowed money, to stocks or other assets that offer comparable economic exposure, provided they are constituents of the index. The objective is to build a portfolio of shares that mirrors the index's composition across key metrics such as industry allocation, company size (market capitalization), and tradability.

What is the expense ratio of SBSPX?

Franklin S&P 500 Index Fund Class A (SBSPX) charges an expense ratio of 0.54%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SBSPX?

Franklin S&P 500 Index Fund Class A (SBSPX) manages $991.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SBSPX actively managed or an index fund?

SBSPX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SBSPX's is 0.54%) because there's no security selection cost.

When was SBSPX launched?

Franklin S&P 500 Index Fund Class A (SBSPX) launched in December 1997 and is managed by Franklin Templeton.

How has SBSPX performed?

SBSPX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.