Franklin Low Duration Total Return Fund (FLDAX)

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Franklin Low Duration Total Return Fund (FLDAX) is up 0.7% since the beginning of the year. FLDAX is currently trading at $9 per share. Investors who bought $1,000 worth of FLDAX shares 5 years ago would now be looking at an investment worth $1,119.

Franklin Low Duration Total Return Fund (FLDAX) has returned 0.71% so far this year and 3.84% over the past 12 months. Over the last ten years, FLDAX has returned 2.33% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Nov 17, 2004, FLDAX's average daily return is +0.01%, while the average monthly return is +0.21%. At this rate, an investment would double in approximately 27.5 years.

Historically, 72% of months were positive and 28% were negative. The best month was May 2020 with a return of +3.3%, while the worst month was Mar 2020 at -7.0%. The longest winning streak lasted 18 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FLDAX closed higher 26% of trading days. The best single day was Mar 26, 2020 with a return of +2.5%, while the worst single day was Mar 24, 2020 at -2.8%.

Franklin Low Duration Total Return Fund has an annualized alpha of 2.47%, beta of 0.01, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since November 18, 2004.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (10.26%) than losses (3.57%) - typical of diversified or defensive assets.
• Beta of 0.01 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FLDAX has an expense ratio of 0.71%, placing it in the medium range.

FLDAX ranks 67 for risk / return — better than 67% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Franklin Low Duration Total Return Fund (FLDAX) and compare them to S&P 500 Index.

Franklin Low Duration Total Return Fund provided a 4.24% dividend yield over the last twelve months, with an annual payout of $0.38 per share.

The table displays the monthly dividend distributions for Franklin Low Duration Total Return Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Franklin Low Duration Total Return Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Franklin Low Duration Total Return Fund was 12.84%, occurring on Mar 24, 2020. Recovery took 110 trading sessions.

The current Franklin Low Duration Total Return Fund drawdown is 0.11%.

The chart below shows the rolling one-month volatility.