Franklin Adjustable U.S. Government Securities Fund

Average Annual Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/20/1987
Fund without Sales Charge (%) (NAV) 2.09 0.98 0.46 0.70 3.53
Fund with Sales Charge (%) (POP) -0.25 0.23 0.00 0.47 3.46
Bloomberg Barclays US Government (1-2 Year) Index (%) 3.37 1.85 1.30 1.01
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/20/1987
Fund without Sales Charge (%) (NAV) 1.99 0.92 0.43 0.71 3.53
Fund with Sales Charge (%) (POP) -0.35 0.17 -0.03 0.47 3.46
Bloomberg Barclays US Government (1-2 Year) Index (%) 3.24 1.77 1.29 1.03

After-Tax Average Annual Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.88 -0.05 -0.40 -0.04
Fund without Sales Charge (%) (NAV) After Shares Sold 1.23 0.31 -0.03 0.23
Fund with Sales Charge (%) (POP) Before Shares Sold -1.44 -0.80 -0.85 -0.27
Fund with Sales Charge (%) (POP) After Shares Sold -0.16 -0.26 -0.37 0.06
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.77 -0.11 -0.42 -0.04
Fund without Sales Charge (%) (NAV) After Shares Sold 1.17 0.26 -0.04 0.23
Fund with Sales Charge (%) (POP) Before Shares Sold -1.55 -0.85 -0.87 -0.27
Fund with Sales Charge (%) (POP) After Shares Sold -0.21 -0.31 -0.39 0.06

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 1.99 0.77 0.00 0.09 -0.68 0.65 -0.16 1.42 1.72 1.29
Fund with Sales Charge (%) (POP) -0.35 -1.51 -2.22 -2.21 -2.93 -1.61 -2.37 -0.82 -0.53 -1.03
Bloomberg Barclays US Government (1-2 Year) Index (%) 3.24 1.67 0.41 0.83 0.31 0.41 0.39 0.37 1.01 1.66

Cumulative Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/20/1987
Fund without Sales Charge (%) (NAV) 0.42 0.22 2.09 2.98 2.30 7.27 206.31
Fund with Sales Charge (%) (POP) -1.78 -1.99 -0.25 0.70 -0.01 4.82 199.42
Bloomberg Barclays US Government (1-2 Year) Index (%) 0.62 0.39 3.37 5.65 6.68 10.57
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/20/1987
Fund without Sales Charge (%) (NAV) 0.31 1.99 1.99 2.78 2.17 7.28 205.64
Fund with Sales Charge (%) (POP) -1.89 -0.35 -0.35 0.50 -0.14 4.83 198.77
Bloomberg Barclays US Government (1-2 Year) Index (%) 0.57 3.24 3.24 5.40 6.60 10.74

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 01/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 0.37 0.43 0.50
Standard Deviation (Bloomberg Barclays US Government (1-2 Year) Index) 0.71 0.68 0.55
Sharpe Ratio -1.82 -1.40 0.28
Information Ratio -1.50 -1.43 -0.50
Tracking Error 0.58 0.59 0.61

ADDITIONAL RISK STATISTICSAs of 01/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.26 0.24 0.17
Beta Bear 0.34 0.26 0.43
Bull Bear Capture Ratio -0.59 7.67 -2.95
% of Positive Months 83.33 65.00 67.50
Gains/Losses 5.82 2.08 2.82
Maximum Drawdown
0.44 1.11 1.14

SALES CHARGE, EXPENSES & FEES As of 03/01/2019 (updated annually)

Gross Expense Ratio 0.97%
Net Expense Ratio [further-information] 0.96%
Max Initial Sales Charge 2.25%
CDSC 0.75%

Volatility Measures [further-information] As of 01/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio -1.82
Standard Deviation 0.37

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Bloomberg Barclays US Government (1-2 Year) Index