FKSRX

About FKSRX

Franklin Core Plus Bond Fund Class R is an actively managed mutual fund that focuses on generating a high level of current income, with long-term capital appreciation as a secondary objective. This fund primarily invests in a diversified mix of U.S. and foreign debt securities, including government, corporate, and mortgage-backed bonds, and maintains exposure to both investment-grade and below-investment-grade instruments—though below-investment-grade holdings are now capped at 30%. The fund's portfolio management seeks to balance credit quality and interest rate sensitivity, generally targeting an intermediate duration relative to the Bloomberg US Aggregate Bond Index. Franklin Core Plus Bond Fund Class R plays an important role in retirement and income-focused portfolios, offering investors access to a broad array of fixed-income assets while emphasizing risk-adjusted returns through disciplined asset allocation and credit selection. Its investment approach reflects a risk-aware philosophy, shaped by recent mandate changes to enhance consistency and limit volatility within its category.