FLDRX

About FLDRX

Franklin Low Duration Total Return Fund Class R is an actively managed mutual fund focused on generating a high level of current income while seeking preservation of capital. The strategy primarily invests across diversified fixed income sectors, including government and corporate bonds, as well as mortgage- and asset‑backed securities, and may use derivatives to obtain or manage exposure to debt markets. The portfolio targets an estimated average duration of three years or less, positioning it to moderate interest rate sensitivity compared with longer-duration bond funds. The fund’s multi‑sector approach spans investment‑grade corporates, U.S. Treasuries, agency and non‑agency mortgage‑backed securities, asset‑backed securities, and collateralized loan obligations, providing broad credit and structural diversification. It distributes income on a monthly basis and is benchmarked against short‑maturity government and credit markets for risk and return context. By emphasizing shorter duration and diversified credit exposures, Franklin Low Duration Total Return Fund Class R aims to play a role as a core short‑to‑intermediate fixed income holding for investors prioritizing income generation with measured interest rate risk.