Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
3.29% -3.44% 131.11M 65775.50
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
7.28% 36.00% -- Upgrade

Basic Info

Investment Strategy
The Fund's investment objective is to provide current income and capital appreciation by investing primarily in a diversified portfolio of investment grade bonds.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Corporate Bond
Category Index Bloomberg US Corp Bond TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Multisector Bond
Fund Owner Firm Name Franklin Templeton Investments
Prospectus Benchmark Index
Bloomberg US Corporate High Yield TR USD 50.00%
Bloomberg US Credit TR USD 50.00%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Michael Buchanan 15.26 yrs
Christopher Kilpatrick 11.58 yrs
Blanton Keh 0.08 yrs
Ryan Brist 0.08 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 23, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
13.59%
-6.88%
28.45%
2.76%
6.87%
-20.24%
9.59%
1.37%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-2.90%
13.06%
-12.32%
30.95%
8.78%
9.36%
-25.20%
19.25%
-0.48%
13.47%
-10.11%
30.70%
6.82%
3.38%
-20.25%
10.37%
-2.57%
--
--
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-12.53%
9.08%
-18.19%
2.52%
7.44%
9.30%
-7.70%
30.30%
8.87%
13.12%
-22.95%
10.12%
2.31%
As of April 23, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash -35.16% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 127.9% Upgrade Upgrade
Convertible 0.99% Upgrade Upgrade
Preferred 6.23% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund's investment objective is to provide current income and capital appreciation by investing primarily in a diversified portfolio of investment grade bonds.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Corporate Bond
Category Index Bloomberg US Corp Bond TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Multisector Bond
Fund Owner Firm Name Franklin Templeton Investments
Prospectus Benchmark Index
Bloomberg US Corporate High Yield TR USD 50.00%
Bloomberg US Credit TR USD 50.00%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Michael Buchanan 15.26 yrs
Christopher Kilpatrick 11.58 yrs
Blanton Keh 0.08 yrs
Ryan Brist 0.08 yrs

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