Franklin Floating Rate Daily Access Fund Class C (FCFRX)

Fund Assets	1.12B
Expense Ratio	1.324%
Min. Investment	$1,000
Turnover	46.13%
Dividend (ttm)	0.51
Dividend Yield	7.12%
Dividend Growth	-10.00%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	7.18
YTD Return	1.77%
1-Year Return	3.32%
5-Year Return	27.26%
52-Week Low	7.18
52-Week High	7.51
Beta (5Y)	0.27
Holdings	292
Inception Date	May 1, 2001

About FCFRX

Franklin Floating Rate Daily Access Fund Class C is a mutual fund specializing in the bank loan category, with the goal of providing a high level of current income. The fund primarily invests at least 80% of its assets in floating interest rate corporate loans and corporate debt securities, with a notable emphasis on senior-secured and below-investment-grade credit instruments. These floating rate instruments are designed to adjust interest payments based on short-term rate benchmarks such as the Secured Overnight Financing Rate (SOFR) or LIBOR, helping to mitigate interest rate risk typically associated with fixed-rate bonds. This fund appeals to investors seeking exposure to the corporate credit market while aiming for income that adjusts with interest rate fluctuations. The monthly income distributions are a key feature, and the fund typically holds a diversified portfolio spanning hundreds of individual loans and securities. While its holdings can carry more credit risk than investment-grade debt, the floating rate structure can provide resilience during periods of rising interest rates. Franklin Floating Rate Daily Access Fund Class C plays a significant role in offering diversified, actively managed access to the leveraged loan market within broader income-oriented investment strategies.

• Fund Family: Franklin Templeton, Inc
• Category: Bank Loan
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FCFRX
• Share Class: Class C
• Index: Index is not available on Lipper Database

Performance

FCFRX had a total return of 3.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.11%.

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

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FFRDX	Class R6	0.62%
FDAAX	Advisor Class	0.70%
FAFRX	Class A	0.95%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.037	Sep 30, 2026
Aug 31, 2026	$0.03523	Aug 31, 2026
Jul 31, 2026	$0.04113	Jul 31, 2026
Jun 30, 2026	$0.04076	Jun 30, 2026
May 29, 2026	$0.04037	May 29, 2026
Apr 30, 2026	$0.04079	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

Data Sources Report a data error