Morningstar

Franklin Core Plus Bond Fund Advisor Class FKSAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.28  /  +0.12 %
  • Total Assets 2.8B
  • Adj. Expense Ratio
    0.470%
  • Expense Ratio 0.600%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 4.50%
  • Effective Duration 5.78 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FKSAX

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

  • People Pillar

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

Analyst Ratings Unchanged After Manager Swap on Franklin Core Plus Bond

null Max Curtin

Max Curtin

Analyst Note

On April 17, 2026, Franklin Templeton announced several portfolio manager departures as part of a series of voluntary retirement offers extended to eligible employees in February 2026. The program was offered to an undisclosed number of employees, including professionals from Franklin’s public markets investment groups, based on certain age and firm tenure criteria. Franklin communicated that the departures, which will occur on differing timelines depending on individual team needs, affect less than 5% of public markets investment professionals.

by Max Curtin
Published on

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Portfolio Holdings FKSAX

More FKSAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 2.5%

4.32 121M
Securitized

United States Treasury Bonds 4.25%

4.29 120M
Government

Franklin Instl U.S. Govt Mny Mkt Fund

3.49 98M
Cash and Equivalents

Government National Mortgage Association 6%

2.96 83M
Securitized

Federal National Mortgage Association 5.5%

2.84 80M
Securitized

Federal National Mortgage Association 2%

2.60 73M
Securitized

Franklin Ultra Short Bond ETF

2.03 57M
—

Federal National Mortgage Association 3%

1.61 45M
Securitized

Federal National Mortgage Association 4.5%

1.59 45M
Securitized

Federal National Mortgage Association 5%

1.51 42M
Securitized

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