Franklin Floating Rate Daily Access Fund A (FAFRX)
7.42
-0.05
(-0.67%)
USD |
Dec 30 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.93% | 1.381B | -- | 46.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -114.36M | 3.91% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high a level of current income by investing at least 80% of its total assets in income-producing floating interest rate corporate loans and corporate debt securities. Floating interest rate loans and securities are often credit rated less than investment grade. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
70
-190.75M
Peer Group Low
490.64M
Peer Group High
1 Year
% Rank:
57
-114.36M
-3.096B
Peer Group Low
8.623B
Peer Group High
3 Months
% Rank:
73
-582.83M
Peer Group Low
1.235B
Peer Group High
3 Years
% Rank:
52
-3.827B
Peer Group Low
21.48B
Peer Group High
6 Months
% Rank:
80
-684.05M
Peer Group Low
3.764B
Peer Group High
5 Years
% Rank:
71
-2.475B
Peer Group Low
23.14B
Peer Group High
YTD
% Rank:
60
-3.255B
Peer Group Low
7.670B
Peer Group High
10 Years
% Rank:
84
-13.06B
Peer Group Low
23.62B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 31, 2025.
*Indicates data for the year is incomplete.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | -2.09% |
| Stock | 1.32% |
| Bond | 91.59% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 9.19% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Franklin Institutional US Government Money Mrkt Fd | 9.38% | 1.00 | 0.00% |
|
HUB INTL LTD 20-JUN-2030 TERM LOAN B
|
1.51% | -- | -- |
|
UKG INC [EX- ULTIMATE SOFTWARE INC] 09-FEB-2031 TERM LOAN B
|
1.42% | -- | -- |
|
MEDLINE INDUSTRIES LP 23-OCT-2028 TERM LOAN B
|
1.26% | -- | -- |
|
SEDGWICK CLAIMS MANAGEMENT SERVICES INC 30-JUN-2030 TERM LOAN B
|
1.26% | -- | -- |
|
ZUFFA LLC [EX- ULTIMATE FIGHTING CHAMPIONSHIP] 21-NOV-2031 TERM LOAN B
|
1.13% | -- | -- |
|
ALLIANT HOLDINGS I INC 19-SEP-2031 TERM LOAN B
|
0.98% | -- | -- |
|
UTEX INDUSTRIES INC
|
0.97% | -- | -- |
| Invesco Senior Loan ETF | 0.92% | 21.00 | 0.00% |
|
WORLDPAY LTD 31-JAN-2031 TERM LOAN B
|
0.90% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.55% |
| Administration Fee | -- |
| Maximum Front Load | 2.25% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high a level of current income by investing at least 80% of its total assets in income-producing floating interest rate corporate loans and corporate debt securities. Floating interest rate loans and securities are often credit rated less than investment grade. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-29-25) | 7.87% |
| 30-Day SEC Yield (11-30-25) | 6.67% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (10-31-25) | 6.60% |
| Effective Duration | 0.09 |
| Average Coupon | 6.57% |
| Calculated Average Quality | 5.734 |
| Effective Maturity | 4.387 |
| Nominal Maturity | 4.432 |
| Number of Bond Holdings | 7 |
As of October 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FAFRX", "name") |
| Broad Asset Class: =YCI("M:FAFRX", "broad_asset_class") |
| Broad Category: =YCI("M:FAFRX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FAFRX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |