Franklin Floating is trading at 7.67 as of the 23rd of January 2025; that is 0.13 percent up since the beginning of the trading day. The fund's open price was 7.66. Franklin Floating has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 3rd of February 2023 and ending today, the 23rd of January 2025. Click here to learn more.
The fund normally invests at least 80 percent 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. More on Franklin Floating Rate
Franklin Floating Rate [FDAAX] is traded in USA and was established 23rd of January 2025. Franklin Floating is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Franklin Templeton Investments family. This fund currently has accumulated 3.64 B in assets under management (AUM) with minimum initial investment of 100 K. Franklin Floating Rate is currently producing year-to-date (YTD) return of 0.54% with the current yeild of 0.09%, while the total return for the last 3 years was 7.12%.
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Franklin Floating financial ratios help investors to determine whether Franklin Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Franklin with respect to the benefits of owning Franklin Floating security.