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) -11.01 -2.00 0.27 2.31 3.05
Fund with Sales Charge (%) (POP) -11.01 -2.00 0.27 2.31 3.05
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) -10.93 -2.15 0.32 2.33 3.02
Fund with Sales Charge (%) (POP) -10.93 -2.15 0.32 2.33 3.02
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 -12.94 -3.97 -1.72 0.43
Fund without Sales Charge (%) (NAV) After Shares Sold -6.40 -2.24 -0.59 1.02
Fund with Sales Charge (%) (POP) Before Shares Sold -12.94 -3.97 -1.72 0.43
Fund with Sales Charge (%) (POP) After Shares Sold -6.40 -2.24 -0.59 1.02
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -12.87 -4.10 -1.67 0.45
Fund without Sales Charge (%) (NAV) After Shares Sold -6.34 -2.35 -0.55 1.04
Fund with Sales Charge (%) (POP) Before Shares Sold -12.87 -4.10 -1.67 0.45
Fund with Sales Charge (%) (POP) After Shares Sold -6.34 -2.35 -0.55 1.04

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 3.28 0.92 2.42 11.76 -1.76 0.74 4.80 8.22 1.13 8.62
Fund with Sales Charge (%) (POP) 3.28 0.92 2.42 11.76 -1.76 0.74 4.80 8.22 1.13 8.62
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) -11.75 -10.93 -11.01 -5.87 1.37 25.71 76.81
Fund with Sales Charge (%) (POP) -11.75 -10.93 -11.01 -5.87 1.37 25.71 76.81
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) -11.58 -11.58 -10.93 -6.33 1.59 25.89 75.51
Fund with Sales Charge (%) (POP) -11.58 -11.58 -10.93 -6.33 1.59 25.89 75.51
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) 6.95 5.94 4.74
Standard Deviation (Credit Suisse Leveraged Loan Index) 8.17 6.63 5.24
Beta 0.82 0.86 0.87
Sharpe Ratio -0.53 -0.14 0.37
Information Ratio -1.07 -0.81 -0.83
Tracking Error 2.37 1.98 1.50

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

Gross Expense Ratio 0.67%
Net Expense Ratio [further-information] 0.64%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 0.82
Sharpe Ratio -0.53
Standard Deviation 6.95

Benchmarks

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

  • Credit Suisse Leveraged Loan Index