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.

Fund Description

The fund seeks to provide total return through a combination of current income and capital appreciation by investing at least 80% of its net assets in bonds and investments that provide exposure to bonds, including global debt obligations of any credit quality, maturity or duration, and derivatives. The fund aims to provide attractive risk-adjusted total returns over a full market cycle.

Strategy Statement

"We take an unconstrained investment approach with dynamic sector rotation, active currency management, security selection and relative value positioning, while aiming to manage risks such as duration."

Management

David Yuen, CFA

David Yuen, CFA®

  • Joined Franklin Templeton in 1988
  • Managed Fund Since 2015
Christine S. Chou

Christine S. Chou

  • Joined Franklin Templeton in 2004
  • Managed Fund Since 2019
William Chong

William Chong

  • Joined Franklin Templeton in 2008
  • Managed Fund Since 2019
Sonal Desai, Ph.D

Sonal Desai, Ph.D

  • Joined Franklin Templeton in 2009
  • Managed Fund Since 2018

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

Rating

Overall Morningstar Rating As of 10/31/2019

Rating Category: Nontraditional Bond

Morningstar
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating As of 10/31/2019

Years Ratings Funds
in category
3
2 Stars
282
5
Stars
10
Stars

Morningstar Style Box As of09/30/2019