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Franklin Floating Rate Daily Access C FCFRX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 7.78  /  +0.10 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    1.380%
  • Expense Ratio 1.380%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 8.11%
  • Effective Duration 0.15 years

USD | NAV as of May 24, 2024 | 1-Day Return as of May 24, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FCFRX

Will FCFRX outperform in future?

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

Weakness in Franklin Floating Rate Daily Access C's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

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Portfolio Holdings FCFRX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 8.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JOINT REPO ACCOUNT - JPM 5.249618% 05/01/24 REPO

5.80 87.2 Mil
Cash and Equivalents

Franklin IFT Money Market

4.94 74.2 Mil
Cash and Equivalents

Pitney Bowes Inc 6.5% 03/19/2028 Refinancing Tranche B Term Loan

0.96 14.5 Mil
Corporate

Athenahealth Group Inc 6.5% 02/15/2029 Initial Term Loans

0.94 14.2 Mil
Corporate

General Nutrition Centers Inc 10.77929% 10/07/2026 2nd Lien Term Loan (Pik)

0.91 13.7 Mil
Corporate

UTEX INDUSTRIES INC COM USD 1

0.89 13.5 Mil

Pmhc Ii Inc 6.5% 04/21/2029 Initial Term Loans

0.86 13.0 Mil
Corporate

Invesco Senior Loan ETF

0.86 13.0 Mil

Talos Energy Inc Ordinary Shares

0.83 12.6 Mil
Energy

ALL DAY ACQUISITIONCO LLC (24 HOUR FITNESS) 10.65169% 12/28/2025 EXIT TERM

0.80 12.1 Mil
Corporate