Franklin Floating Rate Daily Access Fund

Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/01/2001
Fund without Sales Charge (%) (NAV) -0.04 2.47 2.74 3.84 3.50
Fund with Sales Charge (%) (POP) -2.27 1.70 2.27 3.60 3.38
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/01/2001
Fund without Sales Charge (%) (NAV) -0.04 2.47 2.74 3.84 3.50
Fund with Sales Charge (%) (POP) -2.27 1.70 2.27 3.60 3.38
Credit Suisse Leveraged Loan Index (%) 3.11 4.68 4.11 5.38 4.72

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.15 0.61 0.81 2.08
Fund without Sales Charge (%) (NAV) After Shares Sold -0.03 1.08 1.23 2.21
Fund with Sales Charge (%) (POP) Before Shares Sold -4.34 -0.14 0.35 1.85
Fund with Sales Charge (%) (POP) After Shares Sold -1.35 0.51 0.87 2.02
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.15 0.61 0.81 2.08
Fund without Sales Charge (%) (NAV) After Shares Sold -0.03 1.08 1.23 2.21
Fund with Sales Charge (%) (POP) Before Shares Sold -4.34 -0.14 0.35 1.85
Fund with Sales Charge (%) (POP) After Shares Sold -1.35 0.51 0.87 2.02

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.54 2.18 11.62 -2.12 0.49 4.53 8.07 0.87 8.36 29.56
Fund with Sales Charge (%) (POP) -1.70 -0.07 9.13 -4.38 -1.75 2.18 5.68 -1.39 5.95 26.68
Credit Suisse Leveraged Loan Index (%) 1.14 4.25 9.88 -0.38 2.06 6.15 9.43 1.82 9.97 44.87

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) -0.18 2.64 -0.04 7.58 14.45 45.75 88.57
Fund with Sales Charge (%) (POP) -2.38 0.37 -2.27 5.19 11.86 42.48 84.33
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) -0.18 2.64 -0.04 7.58 14.45 45.75 88.57
Fund with Sales Charge (%) (POP) -2.38 0.37 -2.27 5.19 11.86 42.48 84.33
Credit Suisse Leveraged Loan Index (%) 0.92 6.39 3.11 14.70 22.33 68.94 133.76

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.18 3.02 3.08
Standard Deviation (Credit Suisse Leveraged Loan Index) 2.56 2.86 3.18
Beta 0.79 1.00 0.93
Sharpe Ratio 0.13 0.51 1.03
Information Ratio -2.37 -1.36 -1.61
Tracking Error 1.01 1.05 0.96

SALES CHARGE, EXPENSES & FEES As of 03/01/2019 (updated annually)

Gross Expense Ratio 0.93%
Net Expense Ratio [further-information] 0.87%
Max Initial Sales Charge 2.25%
CDSC 0.75%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.79
Sharpe Ratio 0.13
Standard Deviation 2.18

Benchmarks

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

  • Credit Suisse Leveraged Loan Index