Franklin Low Duration Total Return Fund Class R6 (FLRRX)
| Fund Assets | 1.91B |
| Expense Ratio | 0.31% |
| Min. Investment | $1,000,000 |
| Turnover | 69.99% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.56% |
| Dividend Growth | -1.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.09 |
| YTD Return | 0.59% |
| 1-Year Return | 5.97% |
| 5-Year Return | 14.33% |
| 52-Week Low | 8.60 |
| 52-Week High | 9.10 |
| Beta (5Y) | n/a |
| Holdings | 814 |
| Inception Date | May 1, 2013 |
About FLRRX
Franklin Low Duration Total Return Fund Class R6 is an actively managed mutual fund focused on short‑maturity, investment‑grade fixed income. Its primary objective is to deliver a high level of current income consistent with prudent investing while seeking preservation of capital, positioning it as a core short‑term bond holding for risk‑aware investors seeking limited interest‑rate sensitivity. The strategy concentrates on securities with low effective duration—typically aligning with short‑term bond characteristics—to reduce volatility from rate movements relative to intermediate and long‑duration peers. The portfolio invests across U.S. investment‑grade sectors, including corporate bonds and government‑related issues, and is managed by a multi‑manager team employing rigorous credit research and risk controls to balance income and capital stability. Within its Morningstar short‑term bond category, the fund’s performance profile reflects its defensive mandate and emphasis on consistent income over cycles rather than aggressive yield seeking. This approach makes it a tool for cash management enhancements, liquidity sleeves, or as a stabilizing component within diversified fixed‑income allocations.
Performance
FLRRX had a total return of 5.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.76%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0334 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03566 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03172 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03714 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03314 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03704 | Aug 29, 2025 |