Franklin Floating Rate Daily Access Fund

Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) -8.43 -1.35 0.83 2.70 3.14
Fund with Sales Charge (%) (POP) -8.43 -1.35 0.83 2.70 3.14
Credit Suisse Leveraged Loan Index (%) -2.27 2.13 2.94 4.33 4.36
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) -8.43 -1.35 0.83 2.70 3.14
Fund with Sales Charge (%) (POP) -8.43 -1.35 0.83 2.70 3.14
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 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -10.39 -3.36 -1.17 0.81
Fund without Sales Charge (%) (NAV) After Shares Sold -4.92 -1.80 -0.19 1.30
Fund with Sales Charge (%) (POP) Before Shares Sold -10.39 -3.36 -1.17 0.81
Fund with Sales Charge (%) (POP) After Shares Sold -4.92 -1.80 -0.19 1.30
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -10.39 -3.36 -1.17 0.81
Fund without Sales Charge (%) (NAV) After Shares Sold -4.92 -1.80 -0.19 1.30
Fund with Sales Charge (%) (POP) Before Shares Sold -10.39 -3.36 -1.17 0.81
Fund with Sales Charge (%) (POP) After Shares Sold -4.92 -1.80 -0.19 1.30

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 3.28 0.92 2.42 11.76 -1.76 0.74 4.80 8.22 1.13 8.62
Fund with Sales Charge (%) (POP) 3.28 0.92 2.42 11.76 -1.76 0.74 4.80 8.22 1.13 8.62
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 06/30/2020

Month 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) 3.12 -8.82 -8.43 -3.99 4.23 30.58 80.98
Fund with Sales Charge (%) (POP) 3.12 -8.82 -8.43 -3.99 4.23 30.58 80.98
Credit Suisse Leveraged Loan Index (%) 9.71 -4.76 -2.27 6.54 15.58 52.87 126.37
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) 3.12 -8.82 -8.43 -3.99 4.23 30.58 80.98
Fund with Sales Charge (%) (POP) 3.12 -8.82 -8.43 -3.99 4.23 30.58 80.98
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 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 7.02 5.97 4.74
Standard Deviation (Credit Suisse Leveraged Loan Index) 8.47 6.84 5.30
Beta 0.79 0.83 0.85
Sharpe Ratio -0.43 -0.05 0.45
Information Ratio -1.28 -0.93 -0.98
Tracking Error 2.71 2.26 1.66

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

Gross Expense Ratio 0.67%
Net Expense Ratio [further-information] 0.64%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.79
Sharpe Ratio -0.43
Standard Deviation 7.02

Benchmarks

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

  • Credit Suisse Leveraged Loan Index