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) -7.94 -1.43 0.83 2.43 2.92
Fund with Sales Charge (%) (POP) -9.98 -2.16 0.38 2.19 2.80
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) -8.78 -1.64 0.55 2.45 2.88
Fund with Sales Charge (%) (POP) -10.79 -2.37 0.09 2.22 2.76
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 -9.78 -3.34 -1.07 0.64
Fund without Sales Charge (%) (NAV) After Shares Sold -4.66 -1.83 -0.15 1.13
Fund with Sales Charge (%) (POP) Before Shares Sold -11.77 -4.06 -1.51 0.41
Fund with Sales Charge (%) (POP) After Shares Sold -5.86 -2.37 -0.49 0.95
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -10.64 -3.54 -1.34 0.65
Fund without Sales Charge (%) (NAV) After Shares Sold -5.13 -1.97 -0.35 1.15
Fund with Sales Charge (%) (POP) Before Shares Sold -12.61 -4.26 -1.80 0.43
Fund with Sales Charge (%) (POP) After Shares Sold -6.32 -2.51 -0.70 0.98

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 3.15 0.54 2.18 11.62 -2.12 0.49 4.53 8.07 0.87 8.36
Fund with Sales Charge (%) (POP) 0.87 -1.70 -0.07 9.13 -4.38 -1.75 2.18 5.68 -1.39 5.95
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 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) 3.24 -8.11 -7.94 -4.23 4.20 27.15 74.13
Fund with Sales Charge (%) (POP) 0.87 -10.19 -9.98 -6.34 1.90 24.24 70.21
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) 3.06 -9.06 -8.78 -4.83 2.80 27.34 72.33
Fund with Sales Charge (%) (POP) 0.67 -11.11 -10.79 -6.93 0.44 24.54 68.45
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) 7.09 6.00 4.76
Standard Deviation (Credit Suisse Leveraged Loan Index) 8.52 6.87 5.31
Beta 0.80 0.83 0.86
Sharpe Ratio -0.43 -0.05 0.39
Information Ratio -1.49 -1.12 -1.19
Tracking Error 2.64 2.21 1.63

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

Gross Expense Ratio 0.92%
Net Expense Ratio [further-information] 0.89%
Max Initial Sales Charge 2.25%
CDSC 1.00%

Volatility Measures [further-information] As of 07/31/2020 Updated Monthly, based on a 3-year period

Beta 0.80
Sharpe Ratio -0.43
Standard Deviation 7.09

Benchmarks

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

  • Credit Suisse Leveraged Loan Index