Franklin Floating Rate Daily Access Fund

Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) -11.13 -2.24 0.02 2.06 2.79
Fund with Sales Charge (%) (POP) -13.16 -2.96 -0.44 1.83 2.67
Credit Suisse Leveraged Loan Index (%) -7.10 0.53 1.88 3.57 4.12
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) -11.18 -2.44 0.04 2.06 2.76
Fund with Sales Charge (%) (POP) -13.22 -3.16 -0.42 1.83 2.63
Credit Suisse Leveraged Loan Index (%) -9.51 -0.73 1.21 3.26 3.90

After-Tax Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -12.97 -4.11 -1.86 0.28
Fund without Sales Charge (%) (NAV) After Shares Sold -6.48 -2.39 -0.73 0.87
Fund with Sales Charge (%) (POP) Before Shares Sold -14.96 -4.82 -2.31 0.05
Fund with Sales Charge (%) (POP) After Shares Sold -7.68 -2.92 -1.07 0.69
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -13.02 -4.28 -1.84 0.29
Fund without Sales Charge (%) (NAV) After Shares Sold -6.49 -2.52 -0.71 0.88
Fund with Sales Charge (%) (POP) Before Shares Sold -15.01 -4.99 -2.30 0.06
Fund with Sales Charge (%) (POP) After Shares Sold -7.69 -3.05 -1.06 0.70

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 3.15 0.54 2.18 11.62 -2.12 0.49 4.53 8.07 0.87 8.36
Fund with Sales Charge (%) (POP) 0.87 -1.70 -0.07 9.13 -4.38 -1.75 2.18 5.68 -1.39 5.95
Credit Suisse Leveraged Loan Index (%) 8.17 1.14 4.25 9.88 -0.38 2.06 6.15 9.43 1.82 9.97

Cumulative Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) -11.80 -11.00 -11.13 -6.56 0.12 22.62 68.65
Fund with Sales Charge (%) (POP) -13.79 -13.01 -13.16 -8.62 -2.16 19.85 64.86
Credit Suisse Leveraged Loan Index (%) -9.94 -9.46 -7.10 1.59 9.75 41.98 115.18
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) -11.76 -11.76 -11.18 -7.15 0.19 22.62 67.22
Fund with Sales Charge (%) (POP) -13.75 -13.75 -13.22 -9.19 -2.10 19.84 63.46
Credit Suisse Leveraged Loan Index (%) -13.19 -13.19 -9.51 -2.16 6.18 37.88 106.33

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 7.00 5.96 4.77
Standard Deviation (Credit Suisse Leveraged Loan Index) 8.17 6.63 5.24
Beta 0.83 0.86 0.88
Sharpe Ratio -0.56 -0.18 0.31
Information Ratio -1.22 -0.97 -1.04
Tracking Error 2.27 1.91 1.44

SALES CHARGE, EXPENSES & FEES As of 03/01/2020 (updated annually)

Gross Expense Ratio 0.92%
Net Expense Ratio [further-information] 0.89%
Max Initial Sales Charge 2.25%
CDSC 1.00%

Volatility Measures [further-information] As of 04/30/2020 Updated Monthly, based on a 3-year period

Beta 0.83
Sharpe Ratio -0.56
Standard Deviation 7.00

Benchmarks

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

  • Credit Suisse Leveraged Loan Index