Franklin Floating Rate Daily Access Fund Advisor Class (FDAAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
7.60
+0.01 (0.13%)
Jul 1, 2025, 4:00 PM EDT
-1.81% (1Y)
| Fund Assets | 3.64B |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.70 |
| Dividend Yield | 9.21% |
| Dividend Growth | -5.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 7.59 |
| YTD Return | 0.29% |
| 1-Year Return | 4.16% |
| 5-Year Return | 40.43% |
| 52-Week Low | 7.35 |
| 52-Week High | 7.75 |
| Beta (5Y) | 0.13 |
| Holdings | 284 |
| Inception Date | May 1, 2001 |
About FDAAX
The Franklin Floating Rate Daily Access Fund Advisor Class (FDAAX) 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/Frank Adv
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol FDAAX
Share Class Advisor Class
Index Index is not available on Lipper Database
Performance
FDAAX had a total return of 4.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.78%.
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
19.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Institutional Fiduciary Trust - Money Market Portfolio | INFXX | 5.01% |
| Joint Repo Account - Jpm 4.318259% 06/02/25 Repo | n/a | 4.57% |
| ASSUREDPARTNERS INC 6.5% 02/16/2031 2024 TERM LOANS | ASSPAR.L 02.14.31 22 | 1.72% |
| HUB INTERNATIONAL LTD 6.5% 06/20/2030 2025 INCREMENTAL TERM LOANS | HBGCN.L 06.20.30 19 | 1.66% |
| UKG INC 8.81426% 02/09/2031 INITIAL TERM LOAN | ULTI.L 02.10.31 9 | 1.34% |
| MEDLINE BORROWER LP 6.5% 10/21/2028 DOLLAR INCREMENTAL TERM LOANS | MEDIND.L 10.23.28 6 | 1.22% |
| SEDGWICK CLAIMS MANAGEMENT SERVICES INC 9.07734% 07/31/2031 2024 TERM LOANS | SEDGEW.L 02.24.28 6 | 1.19% |
| BOOST NEWCO BORROWER LLC 6.5% 01/31/2031 USD TERM B-2 LOANS | WRLDPY.L 01.31.31 6 | 1.14% |
| MCAFEE CORP 6.5% 03/01/2029 TRANCHE B-1 TERM LOANS | MCFE.L 03.01.29 7 | 0.96% |
| ATHENAHEALTH GROUP INC 6.5% 02/15/2029 FIRST AMENDMENT TERM LOAN | ATHENA.L 02.15.29 7 | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.04511 | Jun 30, 2025 |
| May 30, 2025 | $0.04779 | May 30, 2025 |
| Apr 30, 2025 | $0.04762 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04559 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04055 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05234 | Jan 31, 2025 |