Morningstar

Franklin Low Duration Total Return A FLDAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.04  /  +0.15 %
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.720%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.07%
  • Effective Duration 1.81 years

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FLDAX

Will FLDAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FLDAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FLDAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FLDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A history of risk-taking keeps pressure on ratings here.

Director Eric Jacobson

Eric Jacobson

Director

Summary

Franklin Low Duration Total Return’s recent adjustments notwithstanding, this short-term bond fund’s history of outsize risks limits our conviction.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings FLDAX

More FLDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 39.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 24

30.33 606.5 Mil
Government

United States Treasury Notes

4.85 97.1 Mil
Government

United States Treasury Notes

4.70 93.9 Mil
Government

JOINT REPO ACCOUNT - JPM 5.261024% 09/03/24 REPO

3.07 61.3 Mil
Cash and Equivalents

United States Treasury Notes

2.04 40.9 Mil
Government

Franklin IFT Money Market

2.00 40.1 Mil
Cash and Equivalents

United States Treasury Notes

1.35 27.0 Mil
Government

United States Treasury Notes

1.31 26.1 Mil
Government

RR 14 LTD

1.18 23.6 Mil
Securitized

SQUARE CAPITAL 4991 MARKETPLACE LOANS

1.17 23.5 Mil
Corporate

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