Franklin Floating Rate Daily Access Fund

Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) 0.53 1.91 2.82 3.71 3.69
Fund with Sales Charge (%) (POP) 0.53 1.91 2.82 3.71 3.69
Credit Suisse Leveraged Loan Index (%) 3.25 3.80 4.02 4.87 4.66
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2001
Fund without Sales Charge (%) (NAV) 3.28 2.20 3.23 3.93 3.74
Fund with Sales Charge (%) (POP) 3.28 2.20 3.23 3.93 3.74
Credit Suisse Leveraged Loan Index (%) 8.17 4.48 4.54 5.18 4.75

After-Tax Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.68 -0.11 0.78 1.81
Fund without Sales Charge (%) (NAV) After Shares Sold 0.31 0.60 1.25 2.04
Fund with Sales Charge (%) (POP) Before Shares Sold -1.68 -0.11 0.78 1.81
Fund with Sales Charge (%) (POP) After Shares Sold 0.31 0.60 1.25 2.04
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.99 0.21 1.17 2.05
Fund without Sales Charge (%) (NAV) After Shares Sold 1.93 0.83 1.55 2.22
Fund with Sales Charge (%) (POP) Before Shares Sold 0.99 0.21 1.17 2.05
Fund with Sales Charge (%) (POP) After Shares Sold 1.93 0.83 1.55 2.22

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 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) 0.72 -0.28 0.53 5.83 14.93 43.89 97.93
Fund with Sales Charge (%) (POP) 0.72 -0.28 0.53 5.83 14.93 43.89 97.93
Credit Suisse Leveraged Loan Index (%) 0.77 -0.83 3.25 11.86 21.78 60.91 135.71
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2001
Fund without Sales Charge (%) (NAV) 0.55 3.28 3.28 6.75 17.21 47.10 98.50
Fund with Sales Charge (%) (POP) 0.55 3.28 3.28 6.75 17.21 47.10 98.50
Credit Suisse Leveraged Loan Index (%) 1.68 8.17 8.17 14.06 24.84 65.73 137.68

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.28 2.99 3.03
Standard Deviation (Credit Suisse Leveraged Loan Index) 2.80 2.91 3.14
Beta 0.75 0.96 0.92
Sharpe Ratio 0.10 0.58 1.03
Information Ratio -1.67 -1.06 -1.18
Tracking Error 1.14 1.13 0.98

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 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.75
Sharpe Ratio 0.10
Standard Deviation 2.28

Benchmarks

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

  • Credit Suisse Leveraged Loan Index