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Morningstar

Franklin Total Return A FKBAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.06  /  +0.51 %
  • Total Assets 3.2 Bil
  • Adj. Expense Ratio
    0.890%
  • Expense Ratio 0.890%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.42%
  • Effective Duration 6.17 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0

Morningstar’s Analysis FKBAX

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

  • People Pillar

    The People Pillar is our evaluation of the FKBAX 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 FKBAX’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

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Portfolio Holdings FKBAX

More FKBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future June 24

6.66 211.9 Mil
Government

Federal National Mortgage Association 5.5%

5.23 166.3 Mil
Securitized

2 Year Treasury Note Future June 24

4.62 147.2 Mil
Government

United States Treasury Notes 2.75%

4.18 132.9 Mil
Government

United States Treasury Notes 0.375%

3.74 118.9 Mil
Government

Federal Home Loan Mortgage Corp. 4.5%

3.03 96.5 Mil
Securitized

Federal National Mortgage Association 5%

3.01 95.7 Mil
Securitized

United States Treasury Notes 3.125%

2.02 64.3 Mil
Government

Government National Mortgage Association 2%

1.99 63.2 Mil
Securitized

United States Treasury Bonds 1.75%

1.91 60.8 Mil
Government