PRICE AND YTD RETURN As of 02/05/2016

NAV down $-0.01 $9.54
POP $9.96
YTD Total return at Nav -0.08%

AVERAGE ANNUAL TOTAL RETURNS As of Quarter end 12/31/2015

Sales Charge

1 YEAR RETURN -5.81%
5 YEAR RETURN 2.47%
10 YEAR RETURN 4.09%

KEY STATS

Investment Category Multi Sector
Distributions Monthly
CUSIP 353 612 856
Fund Number 460
Inception Date Aug 03, 1998
Total Net Assets (all share classes) As of 01/31/2016 $4,634.5 (M)
Distribution Rate at NAV As of 02/05/2016 1.05%
30-Day Standardized yield As of 01/31/2016 (updated monthly)
w/ Waiver 2.32%
w/o Waiver 2.26%

SALES CHARGE, EXPENSES, & FEES As of 03/01/2015 (updated annually)

Gross Expense Ratio 0.94%
Net Expense Ratio 0.89%
Max Initial Sales Charge 4.25%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

The Fund invests at least 80% of its assets in investment grade debt securities and financial futures contracts, or options on such contracts, on U.S. Treasury securities.

Strategy Statement

"The fund was created to be a core fixed income holding, offering diversification across the fixed income universe and backed by the expertise of a world-class team of fixed income professionals. "

Roger Bayston, CFA®, MBA

Management

Roger Bayston, CFA, MBA

Roger Bayston, CFA®, MBA

  • Joined Franklin Templeton in 1991
  • Managed Fund Since 1998
Kent Burns, CFA

Kent Burns, CFA®

  • Joined Franklin Templeton in 1994
  • Managed Fund Since 1998
Chris Molumphy, CFA, MBA

Chris Molumphy, CFA®, MBA

  • Joined Franklin Templeton in 1988
  • Managed Fund Since 1998
David Yuen, CFA, MBA, FRM, CPA

David Yuen, CFA®, MBA, FRM, CPA

  • Joined Franklin Templeton in 1988
  • Managed Fund Since 2005
Michael Materasso

Michael Materasso

  • Joined Franklin Templeton in 1988
  • Managed Fund Since 2008

Overall Morningstar Rating As of 12/31/2015

Rating Category: Intermediate-Term Bond

Morningstar
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating As of 12/31/2015

Years Ratings Funds
in category
3
1 Stars
947
5
2 Stars
829
10
3 Stars
595

Morningstar Style Box As of 09/30/2015

Strategy, Benefits, Results

Strategy

  • Our multi-sector, fixed-income fund focuses on government and corporate debt securities, as well as mortgage- and asset-backed securities.
  • Our research-driven, value-oriented approach identifies bonds with the best prospects for income and capital appreciation.
  • We provide in-depth, fundamental analysis of each of the key fixed-income sectors within the context of a global economic outlook.

Benefits

  • Diversification. Broad diversification makes our fund attractive as a core fixed-income holding.
  • Global Fixed Income Expertise. Investors have full access to the research resources of the Franklin Templeton Fixed Income Group®.

Investing In The Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • Interest rate movements and mortgage prepayments will affect the fund’s share price and yield.
  • As the prices of bonds in the fund adjust to a rise in interest rates, the fund’s share price may decline.
  • Investments in derivative securities, such as financial futures and option contracts, involve special risks as such may not achieve the anticipated benefits and/or may result in losses to the fund.
  • Risks associated with higher-yielding, lower-rated securities (junk bonds) include higher risk of default and loss of principal.
  • Investments in foreign securities involve risks such as currency fluctuations, and political and economic uncertainty.
  • These and other risk considerations are discussed in the fund’s prospectus.

Minimum Investment

$1,000.00

How Financial Advisors Help You

Speak to your financial advisor about whether this fund is appropriate for you. If you don't have a financial advisor, request a referral.

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