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) -0.44 2.06 2.31 3.43 3.10
Fund with Sales Charge (%) (POP) -1.39 2.06 2.31 3.43 3.10
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) -0.44 2.06 2.31 3.43 3.10
Fund with Sales Charge (%) (POP) -1.39 2.06 2.31 3.43 3.10
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 -2.38 0.38 0.56 1.83
Fund without Sales Charge (%) (NAV) After Shares Sold -0.26 0.85 0.98 1.97
Fund with Sales Charge (%) (POP) Before Shares Sold -3.33 0.38 0.56 1.83
Fund with Sales Charge (%) (POP) After Shares Sold -0.82 0.85 0.98 1.97
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.38 0.38 0.56 1.83
Fund without Sales Charge (%) (NAV) After Shares Sold -0.26 0.85 0.98 1.97
Fund with Sales Charge (%) (POP) Before Shares Sold -3.33 0.38 0.56 1.83
Fund with Sales Charge (%) (POP) After Shares Sold -0.82 0.85 0.98 1.97

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.26 1.79 11.04 -2.40 0.09 4.12 7.52 0.59 7.80 29.19
Fund with Sales Charge (%) (POP) -0.70 0.80 10.04 -3.33 -0.88 3.12 6.52 -0.38 6.80 28.19
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) -0.29 2.21 -0.44 6.32 12.09 40.07 75.42
Fund with Sales Charge (%) (POP) -1.27 1.23 -1.39 6.32 12.09 40.07 75.42
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) -0.29 2.21 -0.44 6.32 12.09 40.07 75.42
Fund with Sales Charge (%) (POP) -1.27 1.23 -1.39 6.32 12.09 40.07 75.42
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) 2.13 3.00 3.06
Standard Deviation (Credit Suisse Leveraged Loan Index) 2.56 2.86 3.18
Beta 0.77 0.99 0.92
Sharpe Ratio -0.05 0.37 0.91
Information Ratio -2.63 -1.73 -2.00
Tracking Error 1.06 1.07 0.98

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

Gross Expense Ratio 1.33%
Net Expense Ratio [further-information] 1.27%
Max Initial Sales Charge 0.00%
CDSC 1.00%

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

Beta 0.77
Sharpe Ratio -0.05
Standard Deviation 2.13

Benchmarks

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

  • Credit Suisse Leveraged Loan Index