Franklin Low Duration Total Return Fund

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) 4.73 2.36 1.91 2.25 2.96
Fund with Sales Charge (%) (POP) 4.73 2.36 1.91 2.25 2.96
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.03 2.15 1.67 1.54 2.44
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) 4.73 2.36 1.91 2.25 2.96
Fund with Sales Charge (%) (POP) 4.73 2.36 1.91 2.25 2.96
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.03 2.15 1.67 1.54 2.44

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.17 1.10 0.80 1.14
Fund without Sales Charge (%) (NAV) After Shares Sold 2.79 1.26 0.97 1.26
Fund with Sales Charge (%) (POP) Before Shares Sold 3.17 1.10 0.80 1.14
Fund with Sales Charge (%) (POP) After Shares Sold 2.79 1.26 0.97 1.26
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.17 1.10 0.80 1.14
Fund without Sales Charge (%) (NAV) After Shares Sold 2.79 1.26 0.97 1.26
Fund with Sales Charge (%) (POP) Before Shares Sold 3.17 1.10 0.80 1.14
Fund with Sales Charge (%) (POP) After Shares Sold 2.79 1.26 0.97 1.26

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 4.73 0.85 1.52 2.83 -0.29 1.24 1.44 4.39 0.82 5.15
Fund with Sales Charge (%) (POP) 4.73 0.85 1.52 2.83 -0.29 1.24 1.44 4.39 0.82 5.15
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.03 1.60 0.84 1.28 0.65 0.77 0.65 1.26 1.59 2.80

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 0.70 4.73 4.73 7.23 9.94 24.95 55.37
Fund with Sales Charge (%) (POP) 0.70 4.73 4.73 7.23 9.94 24.95 55.37
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 0.59 4.03 4.03 6.59 8.66 16.54 44.07
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 0.70 4.73 4.73 7.23 9.94 24.95 55.37
Fund with Sales Charge (%) (POP) 0.70 4.73 4.73 7.23 9.94 24.95 55.37
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 0.59 4.03 4.03 6.59 8.66 16.54 44.07

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 0.86 1.01 1.41
Standard Deviation (Bloomberg Barclays US Government & Credit (1-3 Year) Index) 0.92 0.90 0.79
Sharpe Ratio 0.85 0.87 1.21
Information Ratio 0.24 0.24 0.56
Tracking Error 0.88 1.03 1.27

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.23 0.18 0.59
Beta Bear 0.36 0.59 0.94
Bull Bear Capture Ratio -4.60 27.56 2.65
% of Positive Months 75.00 70.00 75.00
Gains/Losses 11.92 4.12 3.45
Maximum Drawdown
0.34 1.77 2.18

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

Gross Expense Ratio 0.72%
Net Expense Ratio [further-information] 0.47%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.85
Standard Deviation 0.86

Benchmarks

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

  • Bloomberg Barclays US Government & Credit (1-3 Year) Index