Franklin Floating Rate Daily Access Fund

Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) -11.52 -2.78 -0.33 1.67 2.36
Fund with Sales Charge (%) (POP) -12.36 -2.78 -0.33 1.67 2.36
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) -11.52 -2.78 -0.33 1.67 2.36
Fund with Sales Charge (%) (POP) -12.36 -2.78 -0.33 1.67 2.36

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -13.21 -4.46 -2.04 0.07
Fund without Sales Charge (%) (NAV) After Shares Sold -6.70 -2.71 -0.92 0.65
Fund with Sales Charge (%) (POP) Before Shares Sold -14.05 -4.46 -2.04 0.07
Fund with Sales Charge (%) (POP) After Shares Sold -7.19 -2.71 -0.92 0.65
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -13.21 -4.46 -2.04 0.07
Fund without Sales Charge (%) (NAV) After Shares Sold -6.70 -2.71 -0.92 0.65
Fund with Sales Charge (%) (POP) Before Shares Sold -14.05 -4.46 -2.04 0.07
Fund with Sales Charge (%) (POP) After Shares Sold -7.19 -2.71 -0.92 0.65

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 2.61 0.26 1.79 11.04 -2.40 0.09 4.12 7.52 0.59 7.80
Fund with Sales Charge (%) (POP) 1.64 -0.70 0.80 10.04 -3.33 -0.88 3.12 6.52 -0.38 6.80
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 03/31/2020

Month EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) -11.73 -11.73 -11.52 -8.11 -1.64 18.01 55.46
Fund with Sales Charge (%) (POP) -12.60 -12.60 -12.36 -8.11 -1.64 18.01 55.46
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) -11.73 -11.73 -11.52 -8.11 -1.64 18.01 55.46
Fund with Sales Charge (%) (POP) -12.60 -12.60 -12.36 -8.11 -1.64 18.01 55.46

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 6.95 5.95 4.75
Standard Deviation (Credit Suisse Leveraged Loan Index) 7.80 6.38 5.09
Beta 0.88 0.92 0.92
Sharpe Ratio -0.65 -0.24 0.23
Information Ratio -1.53 -1.24 -1.56
Tracking Error 1.35 1.24 1.02

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

Gross Expense Ratio 1.32%
Net Expense Ratio [further-information] 1.29%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio -0.65
Standard Deviation 6.95

Benchmarks

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

  • Credit Suisse Leveraged Loan Index