About FKBAX
Franklin Total Return Fund Class A is an open-end mutual fund primarily focused on fixed income investments. Its principal objective is to deliver high current income while maintaining preservation of capital as a key priority, with long-term capital appreciation as a secondary goal. The fund typically invests in investment-grade debt securities, including U.S. government and corporate bonds, mortgage- and asset-backed securities, as well as certain municipal holdings. In addition, it may utilize derivative instruments such as futures, options, and swap agreements to manage exposure and risk.
The fund's portfolio generally emphasizes credit quality, aiming to reduce credit risk and sustain capital stability. Its approach combines diversified fixed income strategies with a moderate duration profile, providing exposure across various sectors of the bond market. Managed by Franklin Templeton, the fund is designed for investors seeking regular income distributions from a diversified bond portfolio. With significant assets under management and a history dating back to 1998, Franklin Total Return Fund Class A plays a notable role in offering access to core-plus bond strategies for a broad investor base.
Fund Family Franklin Templeton Investments
Category Intermediate Core-Plus Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FKBAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
FKBAX had a total return of 2.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.58%.
