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Franklin Strategic Income Fund

Fund Category: Fixed IncomeGo to Prices & Performance page
showing this category of funds.

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Symbol FRSTX
CUSIP 354 713 505
Fund Number 194
Inception Date1 May 24, 1994
Distributions Monthly
Total Net Assets
(all share classes)
As of 03/31/2014
$8,658.3
(millions)

As of  04/16/2014

NAV2 $10.58  
NAV Change $0.00  
POP3 $11.05  
YTD Total Return at NAV 2.23%
Distribution Rate at NAV 4.32%
30-day Standardized Yield4,5
As of 03/31/2014 (updated monthly)
3.11%

Average Annual Total Returns
As of Quarter End 03/31/2014

w/ Sales Charge w/o Sales Charge
1 Yr -0.91% 3.52%
5 Yrs 9.51% 10.48%
10 Yrs 6.02% 6.48%
Life 7.51% 7.75%

Expense Ratio and Sales Charge As of 09/01/2013 (updated annually)

Gross Expense Ratio6 0.89%
Net Expense Ratio 0.88%
Max Initial Sales Charge 4.25%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

Strategy Statement
Portfolio Managers
Eric Takaha
"The fund's broad and flexible strategy provides exposure to domestic and international fixed income markets, allowing us to identify bonds with the best prospects for income and capital appreciation."

Eric G. Takaha, CFA®
Joined Franklin Templeton in 1989
Managed Fund since 1997

Strategy, Benefits, Results

Strategy

  • Our multi-sector income fund invests in U.S. and foreign debt securities.
  • Our research-driven, value-oriented approach helps to identify bonds with the best prospects for income and capital appreciation.
  • We utilize the broad expertise of the 100+ members of the Franklin Templeton Fixed Income Group ®.

Benefits

  • Investment Selection Flexibility. Ability to invest in multiple types of fixed income securities, focusing on the top investment ideas available within each sector.
  • Sector Allocation. Valuations of each key fixed income sector considered in combination with economic outlook to strategically allocate assets to the most opportune advantage.

Results

Hypothetical $10K Investment

Hypothetical $10K Investment

Investing in the Fund

All investments involve risks, including possible loss of principal. Bond prices generally move in the opposite direction of interest rates. Thus, as the prices of bonds in the fund adjust to a rise in interest rates, the fund’s share price may decline. Changes in the financial strength of a bond issuer or in a bond’s credit rating may affect its value. High yields reflect the higher credit risks associated with certain lower-rated securities held in the portfolio. Floating-rate loans and high-yield corporate bonds are rated below investment grade and are subject to greater risk of default, which could result in loss of principal—a risk that may be heightened in a slowing economy. The risks of foreign securities include currency fluctuations and political uncertainty. Investments in developing markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. Investing in derivative securities and the use of foreign currency techniques involve special risks as such may not achieve the anticipated benefits and/or may result in losses to the fund. 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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Important Legal Information

Footnotes

For U.S. residents only.