Franklin Floating Rate Daily Access Fund

Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) 0.62 2.04 2.93 3.81 3.81
Fund with Sales Charge (%) (POP) 0.62 2.04 2.93 3.81 3.81
Credit Suisse Leveraged Loan Index (%) 3.25 3.80 4.02 4.87 4.66
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) 3.49 2.33 3.34 4.04 3.86
Fund with Sales Charge (%) (POP) 3.49 2.33 3.34 4.04 3.86
Credit Suisse Leveraged Loan Index (%) 8.17 4.48 4.54 5.18 4.75

After-Tax Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.62 -0.01 0.85 1.89
Fund without Sales Charge (%) (NAV) After Shares Sold 0.37 0.68 1.32 2.11
Fund with Sales Charge (%) (POP) Before Shares Sold -1.62 -0.01 0.85 1.89
Fund with Sales Charge (%) (POP) After Shares Sold 0.37 0.68 1.32 2.11
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.16 0.30 1.24 2.13
Fund without Sales Charge (%) (NAV) After Shares Sold 2.06 0.91 1.61 2.29
Fund with Sales Charge (%) (POP) Before Shares Sold 1.16 0.30 1.24 2.13
Fund with Sales Charge (%) (POP) After Shares Sold 2.06 0.91 1.61 2.29

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 3.49 1.00 2.52 11.99 -1.81 0.82 4.83
Fund with Sales Charge (%) (POP) 3.49 1.00 2.52 11.99 -1.81 0.82 4.83
Credit Suisse Leveraged Loan Index (%) 8.17 1.14 4.25 9.88 -0.38 2.06 6.15 9.43 1.82

Cumulative Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) 0.74 -0.27 0.62 6.24 15.55 45.36 102.35
Fund with Sales Charge (%) (POP) 0.74 -0.27 0.62 6.24 15.55 45.36 102.35
Credit Suisse Leveraged Loan Index (%) 0.77 -0.83 3.25 11.86 21.78 60.91 135.71
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) 0.69 3.49 3.49 7.16 17.83 48.59 102.89
Fund with Sales Charge (%) (POP) 0.69 3.49 3.49 7.16 17.83 48.59 102.89
Credit Suisse Leveraged Loan Index (%) 1.68 8.17 8.17 14.06 24.84 65.73 137.68

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.33 3.00 3.04
Standard Deviation (Credit Suisse Leveraged Loan Index) 2.80 2.91 3.14
Beta 0.77 0.97 0.92
Sharpe Ratio 0.15 0.62 1.07
Information Ratio -1.59 -0.98 -1.08
Tracking Error 1.11 1.11 0.98

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

Gross Expense Ratio 0.60%
Net Expense Ratio [further-information] 0.56%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.77
Sharpe Ratio 0.15
Standard Deviation 2.33

Benchmarks

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

  • Credit Suisse Leveraged Loan Index