Morningstar

Franklin Floating Rate Daily Access Fund Class C FCFRX

Medalist Rating as of Aug 31, 2026 See Franklin Templeton Investment Hub

Strategy

The investment seeks a high level of current income; capital preservation is a secondary goal. The fund normally invests at least 80% of its net assets in income-producing floating interest rate corporate loans and corporate debt securities made to or issued by U.S. companies, non-U.S. entities and U.S. subsidiaries of non-U.S. entities. It invests at least 75% of its net assets in floating rate investments that are rated B- or higher at the time of purchase by a nationally recognized statistical rating organization (NRSRO) or, if unrated, are determined to be of comparable quality by the fund's investment manager.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FDAAX	Franklin Floating Rate Daily Access Fund Advisor Class	Institutional	Open			May 1, 2001	$187.56M	0.700%	Below Average	$100,000	−$71.29M
FAFRX	Franklin Floating Rate Daily Access Fund Class A	Front Load	Open			May 1, 2001	$797.80M	0.950%	Low	$1,000	−$187.21M
FCFRX	Franklin Floating Rate Daily Access Fund Class C	Level Load	Open			May 1, 2001	$48.61M	1.350%	Low	$1,000	−$17.55M
FFRDX	Franklin Floating Rate Daily Access Fund Class R6	Retirement, Large	Open			May 1, 2013	$75.58M	0.620%	Below Average	$1M	−$65.74M

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