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Mutual Fund Insights: Franklin Floating Rate Daily Access A Fund (FAFRX)

In-depth Analysis of Franklin Floating Rate Daily Access A Fund (FAFRX)

Mutual fund chart: Franklin Floating Rate Daily Access A Fund (FAFRX)

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See Franklin Floating Rate Daily Access A Fund (FAFRX) performance details as of February 28, 2010

  

    Last Trade: $9.00 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Richard Hsu

Fund Manager Tenure: 8.9 years
Fundmojo Fund Grade: B (Score: 0.65)     (What does this score mean?)
Richard Hsu is a vice president of Franklin Advisers, Inc. Richard Hsu joined Franklin Templeton Investments in 1996. Richard Hsu holds the Chartered Financial Analyst designation.  Get more insights on Richard Hsu

  

What we like about Franklin Floating Rate Daily Access A Fund (FAFRX) What we like about Franklin Floating Rate Daily Access A Fund (FAFRX)

Data for Franklin Floating Rate Daily Access A Fund (FAFRX) as of February 28, 2010

  • Franklin Floating Rate Daily Access A Fund (FAFRX) management has been with Franklin Floating Rate Daily Access A Fund for 8.9 years
  • Franklin Floating Rate Daily Access A Fund (FAFRX) has good mid-term performance (3-year return 0.79% vs -0.60 % Bank Loan category average)
  • Franklin Floating Rate Daily Access A Fund (FAFRX) has good Long-term performance (5-year return 2.61% vs 1.61 % Bank Loan category average)
  • Franklin Floating Rate Daily Access A Fund (FAFRX) ratio of up-years vs down years is greater than 2
  • Franklin Floating Rate Daily Access A Fund (FAFRX) is less volatile than its peers as it has a 3-year Standard Deviation of 11.09, lower than category average of 13.92
  • Franklin Floating Rate Daily Access A Fund (FAFRX) has a lower management fee than its Bank Loan average: 0.96% vs 1.35%

  

What we are cautious about Franklin Floating Rate Daily Access A Fund (FAFRX) What we are cautious about Franklin Floating Rate Daily Access A Fund (FAFRX)

Data for Franklin Floating Rate Daily Access A Fund (FAFRX) as of February 28, 2010

  • Franklin Floating Rate Daily Access A Fund (FAFRX) has a less-than-ideal short-term performance (1-year return 22.85% vs 34.22 % Bank Loan category average)
  • Franklin Floating Rate Daily Access A Fund (FAFRX) has a Morningstar rating of 3 and below
  • Franklin Floating Rate Daily Access A Fund (FAFRX) has an annual stock turnover rate of 51.46% that is higher than the Bank Loan average of 48.40%. This could mean Franklin Floating Rate Daily Access A is more nimble, but also signal potential high tax impact and high trading fees
  • Franklin Floating Rate Daily Access A Fund (FAFRX) carries a 2.25% load
See Franklin Floating Rate Daily Access A Fund (FAFRX) performance details as of February 28, 2010

  

  

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Franklin Floating Rate Daily Access A Fund (FAFRX) Net Asset

Track net asset change of Franklin Floating Rate Daily Access A fund (FAFRX)

DateNet Asset
02/2010$1.45B
01/2010$976.07M
11/2009$923.13M
More historic net asset information on Franklin Floating Rate Daily Access A Fund (FAFRX)

  

Franklin Floating Rate Daily Access A Fund (FAFRX) Portfolio Allocation

Track portfolio allocation change of Franklin Floating Rate Daily Access A fund (FAFRX)

DateCashStockBondOther
09/200911.76%0%84.32%3.92%
06/200919.76%10.27%60.54%9.43%
03/200929.62%6.5%53.98%9.9%
Click here to see more historic asset allocation information on Franklin Floating Rate Daily Access A Fund (FAFRX)

  

Most Recent Top 10 Holdings in Franklin Floating Rate Daily Access A Fund (FAFRX)

Discover what Franklin Floating Rate Daily Access A Fund (FAFRX) manager is buying

30-Sep-09
Vml Us Finance Llc (Venetian M [1.79%]
Intelsat Corp (Panamsat) [1.51%]
Hca Inc [1.41%]
Univision Communications Inc [1.33%]
Nrg Energy Inc [1.32%]
Community Health Systems Inc [1.31%]
Conseco Inc [1.28%]
Davita FRN [1.22%]
IASIS HEALTHCARE LLC [1.19%]
Aramark Corp [1.18%]

30-Jun-09
Intelsat Corp (Panamsat) [1.59%]
Aramark Corp [1.55%]
Vml Us Finance Llc (Venetian M [1.51%]
Metavante Corp [1.45%]
Community Health Systems Inc [1.43%]
Davita FRN [1.31%]
DEAN FOODS CO [1.3%]
HCA-The Healthcare Company [1.3%]
Univision Communications Inc [1.28%]
IASIS HEALTHCARE LLC [1.27%]

31-Mar-09
HCA-The Healthcare Company [1.59%]
Community Health Systems Inc [1.58%]
Upc Financing Partnership [1.3%]
Nrg Energy Inc [1.29%]
Dean Foods Co. [1.21%]
IASIS HEALTHCARE LLC [1.13%]
Univision Communications Inc [1.09%]
Aramark Corp [1.07%]
Oshkosh Truck Corp [1.06%]
Discovery Communications, Inc. [0.98%]
Click here for Stock Holding Change Map in Franklin Floating Rate Daily Access A Fund (FAFRX)

  

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