About FLDZX
Franklin Low Duration Total Return Fund – Advisor Class is a mutual fund that seeks a high level of current income consistent with prudent investing, while prioritizing preservation of capital. It primarily invests in a diversified portfolio of debt securities, including government and corporate bonds, mortgage-backed securities, asset-backed securities, and may use derivatives for exposure to these assets. The fund maintains a low targeted average duration of three years or less, reducing sensitivity to interest rate fluctuations compared to longer-duration funds. It emphasizes high credit quality, focusing mainly on investment-grade securities across multiple fixed-income sectors such as investment-grade corporates, U.S. Treasuries, agency mortgage-backed securities, collateralized loan obligations, and high-yield corporates. Monthly income distributions are accrued daily, supporting steady income generation. Classified in the Short-Term Bond category with a multi-sector investment style, the fund offers sector diversification to enhance income and capital appreciation potential within its conservative risk profile.
Fund Family Franklin Templeton Investments
Category Short-Term Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FLDZX
Share Class Advisor Class
Index Bloomberg 1-3 Y Government/Credit TR
FLDZX had a total return of 3.27% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.14%.
