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Franklin Floating Rate Daily Access Fund-class A: (MF: FAFRX)
(NASDAQ Mutual Funds) As of Dec 17, 2025 05:46 PM ET
$7.47 USD
0.00 (NA)
Zacks MF Rank
2-Buy of 5 2
Fund Description
The fund was incepted in May 2001 and is managed by Franklin Advisers. The objective of this fund is to seek investors with as high a level of current income and preservation of capital as is consistent with investing primarily in senior, secured floating rate loans. The fund invests at least 80% of its net assets in 'adjustable-rate U.S. government mortgage securities.' The fund offers dividends monthly. The fund distributes capital gains, if any, in December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Franklin Floating Rate Dly-Acc A | FAFRX | 2.25 | NA | 0.00 | 0.25 | 0.57 | 0.93 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Franklin Floating Rate Dly-Acc A | FAFRX | 7.47 | 4/30/2001 | 7.87 | 4.71 | 9.13 | 6.98 |
| Franklin Floating Rate Dly-Acc C | FCFRX | 7.49 | 4/30/2001 | 7.46 | 4.29 | 8.65 | 6.55 |
| Franklin Floating Rate Dly-Acc Adv | FDAAX | 7.50 | 4/30/2001 | 8.11 | 5.11 | 9.40 | 7.27 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Franklin Floating Rate Dly-Acc A | FAFRX | 1000 | 0 | 250 | M |
Contact Information
| Family | Franklin |
| Address | One Franklin Parkway San Mateo, CA 94403 |
| Phone | 800 342-5236 |