Morningstar

Franklin Low Duration Total Return Fund Class A FLDAX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $8.78  /  0.00
  • Fund Size $1.8B
  • Adjusted Expense Ratio 0.700%
  • Net Expense Ratio 0.660%
  • Fee Level: Distribution Average
  • Share Class Type Front Load
  • Morningstar Category Short-Term Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 4.30%
  • Average Effective Duration 2.12 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FLDAX

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

  • People Pillar

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

Risk timing, not appetite, remains this fund's hurdle.

Analyst Peter Como

Peter Como

Analyst

Summary

Navigating when to pull risk levers in this short-term bond fund has proved arduous for Franklin Low Duration Total Return and its UCITS sibling, Franklin US Low Duration.

by Peter Como
Rated on Published on

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Portfolio Holdings FLDAX

More FLDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.125%

5.14 90M
Government

Franklin Instl U.S. Govt Mny Mkt Fund

4.55 80M
Cash and Equivalents

United States Treasury Notes 3.875%

3.53 62M
Government

United States Treasury Notes 4%

2.84 50M
Government

Franklin Ultra Short Bond ETF

2.09 37M
—

United States Treasury Notes 0.625%

1.73 31M
Government

United States Treasury Notes 2.875%

1.01 18M
Government

Medline Borrower LP 3.875%

0.75 13M
Corporate

Variation Margin-Jpmorgan-Usd 02/20/2049 Usd

0.70 12M
Cash and Equivalents

BEECHWOOD PARK CLO 4.81952%

0.57 10M
Securitized

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