Franklin Floating Rate Daily Access Fund

Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) -7.39 -1.01 1.22 2.79 3.31
Fund with Sales Charge (%) (POP) -7.39 -1.01 1.22 2.79 3.31
Credit Suisse Leveraged Loan Index (%) -1.20 2.50 3.30 4.38 4.44
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) -8.21 -1.21 0.94 2.80 3.27
Fund with Sales Charge (%) (POP) -8.21 -1.21 0.94 2.80 3.27
Credit Suisse Leveraged Loan Index (%) -2.27 2.13 2.94 4.33 4.36

After-Tax Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -9.36 -3.07 -0.83 0.86
Fund without Sales Charge (%) (NAV) After Shares Sold -4.33 -1.57 0.08 1.35
Fund with Sales Charge (%) (POP) Before Shares Sold -9.36 -3.07 -0.83 0.86
Fund with Sales Charge (%) (POP) After Shares Sold -4.33 -1.57 0.08 1.35
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -10.22 -3.26 -1.10 0.88
Fund without Sales Charge (%) (NAV) After Shares Sold -4.80 -1.71 -0.12 1.37
Fund with Sales Charge (%) (POP) Before Shares Sold -10.22 -3.26 -1.10 0.88
Fund with Sales Charge (%) (POP) After Shares Sold -4.80 -1.71 -0.12 1.37

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 07/31/2020

Month EndAs of 07/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) 3.46 -7.80 -7.39 -3.00 6.23 31.63 87.07
Fund with Sales Charge (%) (POP) 3.46 -7.80 -7.39 -3.00 6.23 31.63 87.07
Credit Suisse Leveraged Loan Index (%) 7.18 -2.97 -1.20 7.70 17.65 53.55 130.63
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) 3.14 -8.76 -8.21 -3.60 4.81 31.83 85.11
Fund with Sales Charge (%) (POP) 3.14 -8.76 -8.21 -3.60 4.81 31.83 85.11
Credit Suisse Leveraged Loan Index (%) 9.71 -4.76 -2.27 6.54 15.58 52.87 126.37

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 7.06 5.98 4.74
Standard Deviation (Credit Suisse Leveraged Loan Index) 8.52 6.87 5.31
Beta 0.79 0.82 0.85
Sharpe Ratio -0.37 0.02 0.47
Information Ratio -1.29 -0.92 -0.95
Tracking Error 2.72 2.26 1.67

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 07/31/2020 Updated Monthly, based on a 3-year period

Beta 0.79
Sharpe Ratio -0.37
Standard Deviation 7.06

Benchmarks

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

  • Credit Suisse Leveraged Loan Index