Experience runs deep here. Three-decade industry veteran Steven Raineri joined Franklin as a micro-cap analyst in 2005, became a comanager here in July 2012, then took the helm in May 2014.

The portfolio includes a 4.2% allocation to cash and a 1.8% allocation to Franklin Systematic Style Premia ETF FLSP. In October 2023, the team removed Templeton Global Bond TPINX, which ...

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