Franklin Floating Rate Daily Access Fund Class R6
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NASDAQ
Rating
Reward
Risk
Fund Information
Fund Type
Category
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Inception Date
Open/Closed to New Investors
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Cash
Stock
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Non U.S. Stock
Bond
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Preferred
Convertible
Other
Services Offered
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NAV
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Company Information
Provider
Franklin Templeton Investments
Manager/Tenure
(Years)
(Years)
Justin G. Ma (11), Reema Agarwal (6), Margaret Chiu (6), 1 other
Website
Address
Franklin Templeton Investments
San Mateo CA - 94403
San Mateo CA - 94403
Country
United States
Phone Number
650-312-2000
Investment Strategy
The investment seeks a high level of current income; capital preservation is a secondary goal. The fund normally invests at least 80% of its net assets in income-producing floating interest rate corporate loans and corporate debt securities made to or issued by U.S. companies, non-U.S. entities and U.S. subsidiaries of non-U.S. entities. It invests at least 75% of its net assets in floating rate investments that are rated B- or higher at the time of purchase by a nationally recognized statistical rating organization (NRSRO) or, if unrated, are determined to be of comparable quality by the fund's investment manager.
