Franklin Low Duration Total Return Fund Class A (FLDAX)

Fund Assets	1.81B
Expense Ratio	0.70%
Min. Investment	$1,000
Turnover	69.99%
Dividend (ttm)	0.38
Dividend Yield	4.26%
Dividend Growth	-0.70%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	8.90
YTD Return	1.10%
1-Year Return	3.02%
5-Year Return	12.33%
52-Week Low	8.88
52-Week High	9.05
Beta (5Y)	0.07
Holdings	854
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.

• Fund Family: Franklin Templeton Investments
• Category: Short-Term Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FLDAX
• Share Class: Class A
• Index: Bloomberg 1-3 Y Government/Credit TR

Performance

FLDAX had a total return of 3.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.55%.

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 Bd M	0.51%
FBNAX	Fidelity	Fidelity Advisor Short-Term Bd A	0.50%
FBNIX	Fidelity	Fidelity Advisor Short-Term Bd I	0.30%
FANCX	Fidelity	Fidelity Advisor Short-Term Bd C	1.36%
FIKTX	Fidelity	Fidelity Advisor Short-Term Bond Z	0.25%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FLRRX	Class R6	0.31%
FLDZX	Advisor Class	0.45%
FLDCX	Class C	1.10%
FLPRX	Class R	0.95%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03353	Jul 31, 2026
Jun 30, 2026	$0.0311	Jun 30, 2026
May 29, 2026	$0.0317	May 29, 2026
Apr 30, 2026	$0.03128	Apr 30, 2026
Mar 31, 2026	$0.03139	Mar 31, 2026
Feb 27, 2026	$0.02853	Feb 27, 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:

Aug 27, 2026

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