FLDZX: Franklin Low Duration Total Return Fund - MutualFunds.com

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Franklin Low Duration Total Return Adv

FLDZX - Snapshot

Vitals

  • YTD Return -0.6%
  • 3 Yr Annualized Return 2.3%
  • 5 Yr Annualized Return 2.2%
  • Net Assets $2.65 B
  • Holdings in Top 10 72.3%

52 WEEK LOW AND HIGH

$9.62
$8.47
$9.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.69%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 51.93%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Compare FLDZX to Popular U.S. Short-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.98

0.00%

$66.84 B

2.76%

$0.30

2.33%

0.20%

$10.86

0.00%

$58.80 B

2.10%

$0.23

2.74%

0.15%

$82.90

+0.02%

$58.80 B

2.22%

$1.84

2.84%

0.05%

$4.18

0.00%

$54.74 B

3.63%

$0.15

-0.71%

0.60%

$82.91

+0.06%

$39.12 B

2.81%

$2.33

2.32%

0.05%

FLDZX - Profile

Distributions

  • YTD Total Return -0.6%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.24%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin Low Duration Total Return Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    May 15, 2008
  • Shares Outstanding
    23578917
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kent Burns

Fund Description

The fund invests primarily in debt securities, which may be represented by derivative investments that provide exposure to debt securities such as futures, options and swap agreements. It may also invest up to 20% of its total assets in non-investment grade securities, including up to 5% in securities rated lower than B- by S&P or Moody's, which may include defaulted securities.


FLDZX - Performance

Return Ranking - Trailing

Period FLDZX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -8.7% 204.8% 89.48%
1 Yr 2.0% -6.9% 7.9% 86.64%
3 Yr 2.3%* -1.7% 4.7% 78.82%
5 Yr 2.2%* -1.6% 5.6% 61.27%
10 Yr 1.9%* 0.1% 4.3% 52.70%

* Annualized

Return Ranking - Calendar

Period FLDZX Return Category Return Low Category Return High Rank in Category (%)
2019 0.9% -2.4% 5.0% 93.75%
2018 -2.3% -50.6% 1.0% 85.27%
2017 -0.5% -1.6% 2.8% 86.23%
2016 0.9% -65.8% 7.1% 19.02%
2015 -2.5% -75.0% 3.0% 85.68%

Total Return Ranking - Trailing

Period FLDZX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -8.7% 204.8% 89.48%
1 Yr 2.0% -7.8% 7.9% 71.06%
3 Yr 2.3%* -1.7% 4.7% 69.80%
5 Yr 2.2%* -1.6% 5.6% 55.30%
10 Yr 1.9%* 0.1% 4.3% 50.49%

* Annualized

Total Return Ranking - Calendar

Period FLDZX Return Category Return Low Category Return High Rank in Category (%)
2019 0.9% -2.3% 5.0% 94.29%
2018 -2.3% -4.2% 6.5% 88.37%
2017 -0.5% -1.6% 5.9% 87.08%
2016 0.9% -65.2% 10.7% 29.53%
2015 -2.1% -7.0% 3.5% 84.96%

NAV & Total Return History


FLDZX - Holdings

Concentration Analysis

FLDZX Category Low Category High FLDZX % Rank
Net Assets 2.65 B 4.99 M 66.8 B 31.03%
Number of Holdings 928 3 4785 17.26%
Net Assets in Top 10 1.21 B -168 M 7.26 B 18.95%
Weighting of Top 10 72.29% 2.5% 100.0% 2.94%

Top 10 Holdings

  1. 2 Year Treasury Note Future Dec 20 35.09%
  2. 2 Year Treasury Note Future Dec 20 35.09%
  3. 2 Year Treasury Note Future Dec 20 35.09%
  4. 2 Year Treasury Note Future Dec 20 35.09%
  5. 2 Year Treasury Note Future Dec 20 35.09%
  6. 2 Year Treasury Note Future Dec 20 35.09%
  7. 2 Year Treasury Note Future Dec 20 35.09%
  8. 2 Year Treasury Note Future Dec 20 35.09%
  9. 2 Year Treasury Note Future Dec 20 35.09%
  10. 2 Year Treasury Note Future Dec 20 35.09%

Asset Allocation

Weighting Return Low Return High FLDZX % Rank
Bonds
120.80% 0.00% 174.62% 1.69%
Convertible Bonds
1.99% 0.00% 32.87% 40.27%
Other
0.62% -4.23% 20.06% 3.05%
Stocks
0.01% 0.00% 7.11% 7.61%
Preferred Stocks
0.00% 0.00% 52.77% 61.08%
Cash
-23.42% -77.67% 100.00% 96.45%

Stock Sector Breakdown

Weighting Return Low Return High FLDZX % Rank
Consumer Cyclical
90.35% 0.00% 100.00% 15.38%
Basic Materials
6.59% 0.00% 17.50% 3.30%
Energy
3.05% 0.00% 100.00% 52.75%
Utilities
0.00% 0.00% 10.71% 58.24%
Technology
0.00% 0.00% 16.47% 57.14%
Real Estate
0.00% 0.00% 100.00% 61.54%
Industrials
0.00% 0.00% 100.00% 62.64%
Healthcare
0.00% 0.00% 100.00% 65.93%
Financial Services
0.00% 0.00% 100.00% 60.44%
Communication Services
0.00% 0.00% 96.60% 60.44%
Consumer Defense
0.00% 0.00% 43.36% 60.44%

Stock Geographic Breakdown

Weighting Return Low Return High FLDZX % Rank
US
0.01% 0.00% 6.90% 6.09%
Non US
0.00% 0.00% 0.21% 55.84%

Bond Sector Breakdown

Weighting Return Low Return High FLDZX % Rank
Government
38.29% 0.00% 77.61% 15.06%
Securitized
30.65% 0.00% 86.18% 47.04%
Corporate
18.00% 0.00% 100.00% 81.73%
Cash & Equivalents
7.92% 0.00% 100.00% 36.89%
Derivative
3.32% 0.00% 37.09% 7.61%
Municipal
1.82% 0.00% 15.94% 10.15%

Bond Geographic Breakdown

Weighting Return Low Return High FLDZX % Rank
US
102.63% 0.00% 143.57% 1.52%
Non US
18.17% -20.17% 78.67% 25.04%

FLDZX - Expenses

Operational Fees

FLDZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.01% 34.57% 55.83%
Management Fee 0.49% 0.00% 1.19% 84.73%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.50% 74.67%

Sales Fees

FLDZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.50% 5.00% N/A

Trading Fees

FLDZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FLDZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 51.93% 0.00% 496.37% 33.57%

FLDZX - Distributions

Dividend Yield Analysis

FLDZX Category Low Category High FLDZX % Rank
Dividend Yield 0.00% 0.00% 3.94% 56.71%

Dividend Distribution Analysis

FLDZX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

FLDZX Category Low Category High FLDZX % Rank
Net Income Ratio 3.24% -9.96% 4.42% 4.95%

Capital Gain Distribution Analysis

FLDZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

FLDZX - Fund Manager Analysis

Managers

Kent Burns


Start Date

Tenure

Tenure Rank

Nov 17, 2004

15.88

15.9%

Kent Burns, CFA, is a senior vice president and portfolio manager for the Franklin Templeton Fixed Income Group. He specializes in U.S. multi-sector fixed income strategies and government-related bonds. Mr. Burns joined Franklin Templeton Investments in 1994. He holds a B.A. in quantitative economics and decision science from University of California at San Diego, and a master's degree in economic theory from University of California at Santa Barbara. He is a Chartered Financial Analyst (CFA) charterholder and teaches review programs for CFA candidates. He is a member of the CFA Institute and the CFA Society of San Francisco.

David Yuen


Start Date

Tenure

Tenure Rank

Mar 01, 2016

4.59

4.6%

David Yuen joined Franklin Templeton Investments in 2000.He was appointed Chief Investment Officer of Global Long/Short Absolute Return Strategy in 2010. Previously, he was co-CIO of US Large Cap Value Equities and CIO of the Advanced Value Fund (since 2009), as well as director of research for US Large Cap Value (since early 2008). Yuen had been the director of research for Emerging Markets Value since August 2002. He joined Bernstein in 1998 as a research analyst, covering the global retailing industry, and became a senior research analyst in 1999, covering retail, textile & apparel, gaming & lodging, and consumer appliances. Prior to joining Bernstein, Yuen worked as a senior vice president of The Coleman Company from 1994 to 1998. From 1988 to 1994, he was a consultant, then partner, at WKI, a management-consulting firm specializing in emerging-market strategies. Prior to that, Yuen was a consultant with Bain & Company. He received a BS in operations research from Columbia University’s School of Engineering in 1986. Location: New York

Sonal Desai


Start Date

Tenure

Tenure Rank

Dec 31, 2018

1.75

1.8%

Sonal Desai, PhD, EVP, is Franklin Templeton Fixed Income Group’s Chief Investment Officer, a portfolio manager for several fixed income funds and a member of the firm's executive committee. Dr. Desai started her career in 1994 as a university academic, followed by six years at the International Monetary Fund after which she joined the private sector. She started working at Franklin Templeton in 2009. She holds a PhD(Econ) from Northwestern Univ. and a BA(Econ) from Delhi Univ.

Tina Chou


Start Date

Tenure

Tenure Rank

Oct 15, 2019

0.96

1.0%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 27.67 5.98 0.75