Franklin Floating Rate Daily Access Fund Advisor (FDAAX)
7.49
-0.01
(-0.13%)
USD |
Nov 26 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.70% | 1.397B | -- | 52.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -83.11M | 5.01% | 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 |
| 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:
77
-642.44M
Peer Group Low
419.03M
Peer Group High
1 Year
% Rank:
56
-83.11M
-1.957B
Peer Group Low
10.35B
Peer Group High
3 Months
% Rank:
76
-1.048B
Peer Group Low
1.829B
Peer Group High
3 Years
% Rank:
52
-3.944B
Peer Group Low
21.73B
Peer Group High
6 Months
% Rank:
82
-552.74M
Peer Group Low
4.468B
Peer Group High
5 Years
% Rank:
70
-2.454B
Peer Group Low
23.30B
Peer Group High
YTD
% Rank:
57
-3.535B
Peer Group Low
7.823B
Peer Group High
10 Years
% Rank:
84
-13.43B
Peer Group Low
23.54B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of November 27, 2025.
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% | 20.89 | 0.05% |
|
WORLDPAY LTD 31-JAN-2031 TERM LOAN B
|
0.90% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.55% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| 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 |
| 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 (11-25-25) | 8.17% |
| 30-Day SEC Yield (10-31-25) | 7.22% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (10-31-25) | 6.60% |
| Effective Duration | 0.11 |
| 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:FDAAX", "name") |
| Broad Asset Class: =YCI("M:FDAAX", "broad_asset_class") |
| Broad Category: =YCI("M:FDAAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FDAAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |