About FAUGX
Franklin Low Duration U.S. Government Securities Fund Class A1 is a mutual fund that seeks a high level of current income while prioritizing the preservation of capital. It invests at least 80% of its net assets in U.S. government securities, including adjustable-rate mortgage securities, fixed-rate mortgage-backed securities, collateralized mortgage obligations, and direct obligations such as Treasury bills, bonds, notes, or securities from U.S. agencies, instrumentalities, or sponsored enterprises. The fund emphasizes high credit quality investments across the government-related landscape, with a particular focus on agency mortgage-backed securities, offering low interest rate sensitivity and capital stability. It targets an estimated portfolio duration of 1 to 3.5 years, featuring monthly dividend distributions. Key portfolio sectors include mortgage-backed securities, agency adjustable-rate mortgages, U.S. Treasuries, and collateralized mortgage obligations. This fund serves investors seeking attractive income from low-duration, government-backed fixed income instruments in the broader financial markets. Founded in 1987 and managed by Franklin Templeton, headquartered in San Mateo, California, it maintains a diversified portfolio of over 1,200 holdings.
Fund Family Franklin Templeton Investments
Category Short Government
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FAUGX
Share Class Class A1
Index Bloomberg 1-3 Y Government TR
FAUGX had a total return of 3.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.40%.
