Franklin Low Duration Total Return’s team and approach have seen changes in recent years, including incorporating more quantitative resources and inputs than many peers. These changes haven’t yet demonstrated their value though, and the strategy often takes outsize risks, especially for a short-term bond fund, that have not paid off over the long haul. It earns a Morningstar Analyst Rating of Neutral for its cheaper share classes and Negative for its pricier shares.
- NAV / 1-Day Return 8.83 / 0.22 %
- Total Assets 2.6 Bil
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Adj. Expense Ratio
- Expense Ratio 0.710%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium / Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.38%
- Effective Duration 1.62 years
Morningstar’s Analysis FLDAX
Will FLDAX outperform in future?
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