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) -11.59 -2.62 -0.37 1.66 2.39
Fund with Sales Charge (%) (POP) -12.43 -2.62 -0.37 1.66 2.39
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) -11.52 -2.78 -0.33 1.67 2.36
Fund with Sales Charge (%) (POP) -12.36 -2.78 -0.33 1.67 2.36
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 -13.27 -4.33 -2.09 0.05
Fund without Sales Charge (%) (NAV) After Shares Sold -6.76 -2.61 -0.96 0.64
Fund with Sales Charge (%) (POP) Before Shares Sold -14.12 -4.33 -2.09 0.05
Fund with Sales Charge (%) (POP) After Shares Sold -7.26 -2.61 -0.96 0.64
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -13.21 -4.46 -2.04 0.07
Fund without Sales Charge (%) (NAV) After Shares Sold -6.70 -2.71 -0.92 0.65
Fund with Sales Charge (%) (POP) Before Shares Sold -14.05 -4.46 -2.04 0.07
Fund with Sales Charge (%) (POP) After Shares Sold -7.19 -2.71 -0.92 0.65

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 2.61 0.26 1.79 11.04 -2.40 0.09 4.12 7.52 0.59 7.80
Fund with Sales Charge (%) (POP) 1.64 -0.70 0.80 10.04 -3.33 -0.88 3.12 6.52 -0.38 6.80
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) -11.89 -11.12 -11.59 -7.67 -1.85 17.85 56.52
Fund with Sales Charge (%) (POP) -12.77 -12.00 -12.43 -7.67 -1.85 17.85 56.52
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) -11.73 -11.73 -11.52 -8.11 -1.64 18.01 55.46
Fund with Sales Charge (%) (POP) -12.60 -12.60 -12.36 -8.11 -1.64 18.01 55.46
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) 6.96 5.94 4.75
Standard Deviation (Credit Suisse Leveraged Loan Index) 8.17 6.63 5.24
Beta 0.82 0.86 0.87
Sharpe Ratio -0.62 -0.25 0.23
Information Ratio -1.33 -1.14 -1.28
Tracking Error 2.37 1.98 1.49

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

Gross Expense Ratio 1.32%
Net Expense Ratio [further-information] 1.29%
Max Initial Sales Charge 0.00%
CDSC 1.00%

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

Beta 0.82
Sharpe Ratio -0.62
Standard Deviation 6.96

Benchmarks

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

  • Credit Suisse Leveraged Loan Index