Franklin Floating Rate Daily Access Fund Class R6 (FFRDX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
7.59
0.00 (0.00%)
May 22, 2025, 4:00 PM EDT
-2.57% (1Y)
| Fund Assets | 3.64B |
| Expense Ratio | 0.62% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 9.00% |
| Dividend Growth | -1.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 7.59 |
| YTD Return | 0.17% |
| 1-Year Return | 5.14% |
| 5-Year Return | 42.46% |
| 52-Week Low | 7.35 |
| 52-Week High | 7.79 |
| Beta (5Y) | n/a |
| Holdings | 287 |
| Inception Date | May 1, 2013 |
About FFRDX
The Franklin Floating Rate Daily Access Fund Class R6 (FFRDX) 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.
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol FFRDX
Share Class Class R6
Index Index is not available on Lipper Database
Performance
FFRDX had a total return of 5.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.80%.
Top 10 Holdings
18.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Institutional Fiduciary Trust - Money Market Portfolio | INFXX | 4.99% |
| Joint Repo Account - Jpm 4.353882% 05/01/25 Repo | n/a | 3.06% |
| ASSUREDPARTNERS INC 6.5% 02/16/2031 2024 TERM LOANS | ASSPAR.L 02.14.31 22 | 1.74% |
| HUB INTERNATIONAL LTD 6.5% 06/20/2030 2025 INCREMENTAL TERM LOANS | HBGCN.L 06.20.30 19 | 1.67% |
| UKG INC 8.81426% 02/09/2031 INITIAL TERM LOAN | ULTI.L 02.10.31 9 | 1.35% |
| MEDLINE BORROWER LP 6.5% 10/21/2028 DOLLAR INCREMENTAL TERM LOANS | MEDIND.L 10.23.28 6 | 1.23% |
| SEDGWICK CLAIMS MANAGEMENT SERVICES INC 9.07734% 07/31/2031 2024 TERM LOANS | SEDGEW.L 02.24.28 6 | 1.20% |
| BOOST NEWCO BORROWER LLC 6.5% 01/31/2031 USD TERM B-2 LOANS | WRLDPY.L 01.31.31 6 | 1.15% |
| Usd | n/a | 1.04% |
| MCAFEE CORP 6.5% 03/01/2029 TRANCHE B-1 TERM LOANS | MCFE.L 03.01.29 7 | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.04807 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04603 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04097 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05287 | Jan 31, 2025 |
| Dec 31, 2024 | $0.09465 | Dec 31, 2024 |
| Nov 29, 2024 | $0.05346 | Nov 29, 2024 |