Franklin Low Duration Total Return Fund Class A (FLDAX)
| Fund Assets | 1.91B |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | 69.99% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 4.13% |
| Dividend Growth | -1.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.24 |
| YTD Return | 0.55% |
| 1-Year Return | 5.50% |
| 5-Year Return | 11.95% |
| 52-Week Low | 8.78 |
| 52-Week High | 9.25 |
| Beta (5Y) | 0.07 |
| Holdings | 814 |
| Inception Date | Nov 17, 2004 |
About FLDAX
Franklin Low Duration Total Return Fund Class A is an open-end mutual fund focused on short-term fixed income. Its primary objective is to provide a high level of current income consistent with prudent investing while seeking preservation of capital, positioning it within the short-term bond category where interest rate sensitivity is limited and credit quality is managed for stability. The portfolio invests primarily in debt securities and uses derivatives such as futures, options, and swaps to gain or hedge exposure, enabling flexible duration and yield management. The strategy permits selective allocations to non-investment-grade bonds, capped at a portion of assets, to enhance income while maintaining a risk-aware profile. Holdings commonly include U.S. Treasuries, securitized credit, corporate bonds, and cash equivalents, complemented by Treasury futures to fine-tune duration around the low end of the curve. With an inception dating back to 2004 and broad diversification across hundreds of positions, the fund serves as a core low-duration bond allocation for investors seeking income generation with constrained volatility and an emphasis on capital preservation.
Performance
FLDAX had a total return of 5.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.79%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FBNTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class M | 0.51% |
| FBNAX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class A | 0.50% |
| FBNIX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class I | 0.30% |
| FANCX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class C | 1.36% |
| FIKTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class Z | 0.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03062 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03278 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0292 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03383 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03057 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03421 | Aug 29, 2025 |