Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.29% 12.53B -- 61.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
2.430B 4.91% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks as high a rate of current income as we believe is consistent with preservation of capital and maintenance of liquidity. The Fund invests in a diversified portfolio of fixed income securities with effective duration of not greater than one year and maturity is not expected to exceed three and half years.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Short Term
Peer Group Ultra-Short Obligations Funds
Global Macro Bond Short Term
US Macro Short/Intermediate Investment-Grade Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Ultra-Short Obligations Funds
Fund Owner Firm Name Franklin Templeton
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 4
-633.33M Peer Group Low
890.92M Peer Group High
1 Year
% Rank: 10
2.430B
-1.121B Peer Group Low
5.207B Peer Group High
3 Months
% Rank: 4
-588.07M Peer Group Low
1.529B Peer Group High
3 Years
% Rank: 74
-5.299B Peer Group Low
8.890B Peer Group High
6 Months
% Rank: 10
-454.67M Peer Group Low
3.359B Peer Group High
5 Years
% Rank: 94
-12.44B Peer Group Low
15.90B Peer Group High
YTD
% Rank: 10
-884.62M Peer Group Low
5.929B Peer Group High
10 Years
% Rank: 11
-6.639B Peer Group Low
30.56B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
1.84%
2.85%
1.59%
0.09%
1.00%
6.09%
5.70%
4.63%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.11%
2.06%
3.00%
1.31%
0.04%
1.12%
5.00%
5.34%
4.43%
1.25%
3.56%
2.39%
0.25%
-0.88%
5.91%
6.16%
5.08%
2.12%
3.02%
1.31%
0.20%
-0.01%
6.01%
6.20%
4.69%
1.00%
2.22%
2.23%
-0.49%
-0.59%
5.56%
5.88%
4.03%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 4.71%
30-Day SEC Yield (10-31-25) 4.17%
7-Day SEC Yield --
Number of Holdings 10
Bond
Yield to Maturity (10-31-25) 4.60%
Effective Duration 0.51
Average Coupon 4.91%
Calculated Average Quality 3.057
Effective Maturity 2.196
Nominal Maturity 2.221
Number of Bond Holdings 8
As of October 31, 2025

Asset Allocation

As of October 31, 2025.
Type % Net
Cash 13.14%
Stock 0.00%
Bond 86.51%
Convertible 0.00%
Preferred 0.00%
Other 0.34%
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Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.21%
Administration Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 500.00 None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks as high a rate of current income as we believe is consistent with preservation of capital and maintenance of liquidity. The Fund invests in a diversified portfolio of fixed income securities with effective duration of not greater than one year and maturity is not expected to exceed three and half years.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Short Term
Peer Group Ultra-Short Obligations Funds
Global Macro Bond Short Term
US Macro Short/Intermediate Investment-Grade Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Ultra-Short Obligations Funds
Fund Owner Firm Name Franklin Templeton
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 4.71%
30-Day SEC Yield (10-31-25) 4.17%
7-Day SEC Yield --
Number of Holdings 10
Bond
Yield to Maturity (10-31-25) 4.60%
Effective Duration 0.51
Average Coupon 4.91%
Calculated Average Quality 3.057
Effective Maturity 2.196
Nominal Maturity 2.221
Number of Bond Holdings 8
As of October 31, 2025

Fund Details

Key Dates
Inception Date 10/17/2011
Last Annual Report Date 7/31/2025
Last Prospectus Date 11/30/2024
Share Classes
PSDLX C
PSDNX N
PSDRX Retirement
PSDTX A
PSDYX Inst
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:PSDQX", "name")
Broad Asset Class: =YCI("M:PSDQX", "broad_asset_class")
Broad Category: =YCI("M:PSDQX", "broad_category_group")
Prospectus Objective: =YCI("M:PSDQX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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