Franklin Floating Rate Daily Access Adv (FDAAX)
9.21 0.01(0.11%) Dec 20
* As of 30-Nov-13
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for FDAAX at this time.
|Symbol||% Assets||YTD Return %|
|Bmc Software Finance Inc||1.08||N/A|
|Fmg America Finance Inc||1.01||N/A|
|Hilton Worldwide Finance Llc||0.83||N/A|
|H J Heinz Co||0.82||N/A|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||0.65%|
Performance & Risk
|5y Avg Return:||9.63%|
|Rank in Category (ytd):||70|
|% Rank in Category (ytd):||31.96%|
|Morningstar Risk Rating:||2|
The investment seeks a high level of current income; capital preservation is a secondary goal.
The fund normally invests at least 80% of its net assets in income-producing floating interest rate corporate loans and corporate debt securities made to or issued by U.S. companies, non-U.S. entities and U.S. subsidiaries of non-U.S. entities. It invests at least 75% of its total assets in corporate loans and corporate debt securities that are rated B or higher by a nationally recognized statistical rating organization (NRSRO) or, if unrated, are determined to be of comparable quality by the fund's investment manager. View More