Morningstar

Franklin Total Return Fund Class R FTRRX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.27  /  0.00
  • Total Assets 2.7B
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 1.020%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.08%
  • Effective Duration 5.79 years

USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FTRRX

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

  • People Pillar

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

Still working to set itself apart.

Senior Principal Eric Jacobson

Eric Jacobson

Senior Principal

Summary

Franklin Total Return has added resources and a more precise approach to allocation and risk measurement, but they have yet to help the fund stand out.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings FTRRX

More FTRRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future June 26

11.07 318M
Government

CREDIT DEFAULT INDEX CDX.NA.IG.46 1.0% 2031-06-20

3.15 91M
Derivative

Federal National Mortgage Association 6%

2.49 72M
Securitized

Federal National Mortgage Association 2%

2.36 68M
Securitized

CREDIT DEFAULT INDEX CDX.NA.HY.46 5.0% 2031-06-20

2.19 63M
Derivative

Federal National Mortgage Association 6.5%

1.95 56M
Securitized

Federal National Mortgage Association 5%

1.90 54M
Securitized

Federal National Mortgage Association 2.5%

1.89 54M
Securitized

Federal National Mortgage Association 4.5%

1.86 53M
Securitized

Federal Home Loan Mortgage Corp. 3%

1.64 47M
Securitized

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