Franklin Floating Rate Daily Access Fund Class A (FAFRX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
7.45
+0.01 (0.13%)
Apr 24, 2025, 4:00 PM EDT
-4.36% (1Y)
| Fund Assets | 1.25B |
| Expense Ratio | 0.95% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 8.82% |
| Dividend Growth | 4.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 7.44 |
| YTD Return | -1.47% |
| 1-Year Return | 3.72% |
| 5-Year Return | 39.07% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 322 |
| Inception Date | May 1, 2001 |
About FAFRX
The Franklin Floating Rate Daily Access Fund Class A (FAFRX) seeks to provide a high a level of current income by investing at least 80% of its total assets in income-producing floating interest rate corporate loans and corporate debt securities. Floating interest rate loans and securities are often credit rated less than investment grade.
Fund Family FrankTemp/Franklin A
Category Bank Loan
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FAFRX
Share Class Class A
Index Index is not available on Lipper Database
Performance
FAFRX had a total return of 3.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.37%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Top 10 Holdings
21.24% of assets| Name | Symbol | Weight |
|---|---|---|
| JOINT REPO ACCOUNT - JPM 4.356184% 04/01/25 REPO | n/a | 6.43% |
| Institutional Fiduciary Trust - Money Market Portfolio | INFXX | 4.97% |
| Hub International Ltd 6.5% 06/20/2030 2025 Incremental Term Loans | HBGCN L 06.20.30 19 | 1.63% |
| Assuredpartners Inc 6.5% 02/16/2031 2024 Term Loans | ASSPAR L 02.14.31 22 | 1.52% |
| Ukg Inc 8.81426% 02/09/2031 Initial Term Loan | ULTI L 02.10.31 9 | 1.31% |
| Medline Borrower Lp 6.5% 10/21/2028 Dollar Incremental Term Loans | MEDIND L 10.23.28 6 | 1.20% |
| Sedgwick Claims Management Services Inc 9.07734% 07/31/2031 2024 Term Loans | SEDGEW L 02.24.28 6 | 1.16% |
| Boost Newco Borrower Llc 6.5% 01/31/2031 Usd Term B-2 Loans | n/a | 1.11% |
| Genesys Cloud Services Holdings Ii Llc 6.5% 01/23/2032 2025 Dollar Term Loa | GCTI L 01.30.32 17 | 0.97% |
| Mcafee Corp 6.5% 03/01/2029 Tranche B-1 Term Loans | MCFE L 03.01.29 7 | 0.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.04409 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03909 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05067 | Jan 31, 2025 |
| Dec 31, 2024 | $0.09249 | Dec 31, 2024 |
| Nov 29, 2024 | $0.05129 | Nov 29, 2024 |
| Oct 31, 2024 | $0.05243 | Oct 31, 2024 |