Morningstar

Franklin Floating Rate Daily Access Fund Class A FAFRX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 7.26  /  0.00
  • Total Assets 1.2B
  • Adj. Expense Ratio
    0.950%
  • Expense Ratio 0.930%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 7.65%
  • Effective Duration 0.11 years

USD | NAV as of Jul 16, 2026 | 1-Day Return as of Jul 16, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FAFRX

Will FAFRX outperform in the 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 FAFRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FAFRX 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 FAFRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Franklin Floating Rate Daily Access A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings FAFRX

More FAFRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Franklin Instl U.S. Govt Mny Mkt Fund

9.35 109M
Cash and Equivalents

HUB INTERNATIONAL LTD 6.5% 06/20/2030 2025 Incremental Term Loans

1.79 21M
Corporate

UKG Inc 8.81426% 02/09/2031 Initial Term Loan

1.60 19M
Corporate

Sedgwick Claims Management Services Inc 9.07734% 07/31/2031 2024 Term Loans

1.48 17M
Corporate

Hologic Inc 6.5% 02/10/2033 Usd Initial Term B Loans

1.39 16M
Corporate

Zuffa Llc 6.5% 10/20/2031 Term B-7 Loan

1.34 16M
Corporate

Invesco Senior Loan ETF

1.08 12M
—

Raptor Acquisition Corp / Raptor Co-Issuer Llc 6.5% 11/01/2029 Term B Loan

1.00 12M
Corporate

Flynn Restaurant Group LP 6.5% 01/28/2032 Series 2025 Term Loans

0.99 11M
Corporate

Dayforce Bidco Llc (Dawn Bidco Fka Ceridian Hcm) 6.5% 02/04/2033 Initial Te

0.98 11M
Corporate

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