Franklin Flexible Alpha Bond Fund

This fund or share class has been liquidated or reorganized.

This fund or share class has been liquidated or reorganized.

INVESTMENT PHILOSOPHY, STRATEGY AND APPROACH

Investment Philosophy

We believe that applying a tactical, risk-focused approach to a diversified set of holdings across global fixed income sectors can create a more attractive risk/return profile that can help to neutralize the impact of interest rate risk.

Investment Process

Fund's Investment Universe and Flexible Range of Tools to Potentially Drive Alpha