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Morningstar

Franklin Total Return C FCTLX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.09  /  0.59 %
  • Total Assets 3.2 Bil
  • Adj. Expense Ratio
    1.310%
  • Expense Ratio 1.310%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.03%
  • Effective Duration 6.27 years

USD | NAV as of Dec 08, 2023 | 1-Day Return as of Dec 08, 2023, 11:15 PM GMT+0

Morningstar’s Analysis FCTLX

Will FCTLX 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 FCTLX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

This team and approach have continued to change.

Director Eric Jacobson

Eric Jacobson

Director

Summary

Incorporating more quantitative resources and inputs hasn’t yet demonstrated a sustainable advantage for Franklin Total Return, and the strategy often takes outsize risks that have not paid off.

by Eric Jacobson
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FCTLX

More FCTLX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 548
  • Other Holdings 30
  • % Assets in Top 10 Holdings 49.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Dec 23

9.04
278,896,315
Government

Franklin Investment Grade Corporate ETF

8.91
274,724,000
—

2 Year Treasury Note Future Dec 23

8.37
258,199,621
Government

United States Treasury Notes 2.75%

4.18
128,910,370
Government

United States Treasury Notes 0.375%

3.78
116,516,968
Government

Federal National Mortgage Association 5.5%

3.77
116,180,834
Securitized

United States Treasury Notes 0.25%

3.21
99,085,063
Government

Federal Home Loan Mortgage Corporation 4.5%

3.01
92,678,540
Securitized

Franklin IFT Money Market

2.51
77,330,699
Cash and Equivalents

United States Treasury Notes 3.875%

2.46
75,830,659
Government