Franklin US Low Duration I Acc USD (FUND:B02R5G9) - Overview

Fund Report

Franklin U.S. Low Duration Fund I(acc)USD

Key Stats
Morningstar® CategoryUSD Diversified Bond - Short Term
Manager NameRoger Bayston
Inception Date31/08/2004
NAV 05/12/2016USD 12.96
Day Change0.00%
12 Month Yield0.00%
ISINLU0195953400
SEDOLB020FS0
Dividend Frequency-
Net Assets (mil) 30/04/2016913.13 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment5,000,000.00 USD
Pricing FrequencyDaily
Dealing Cut off Time16:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.67%
AMC0.40%
Fund Rebate-

Morningstar Rating™

4 Stars

Benchmarks

Fund Benchmark

BBgBarc US Govt/Credit 1-3 Yr TR USD

Morningstar® Benchmark

Bloomberg Barclays US Aggregate 1-3 Yr TR USD

Growth Of 10,000 (USD) 30/11/2016

How has this security performed
20122013201420152016
Fund3.951.291.20-0.392.69
Category3.110.920.17-0.141.26
Benchmark1.330.640.820.661.25
  • Fund: Franklin U.S. Low Duration Fund I(acc)USD
  • Category: USD Diversified Bond - Short Term
  • Benchmark: Bloomberg Barclays US Aggregate 1-3 Yr TR USD
Trailing Returns % (USD) 05/12/2016
FundCatBmark
YTD2.611.061.25
3 Years Annualised1.130.410.89
5 Years Annualised1.700.930.96
10 Years Annualised1.871.412.50

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund’s investment objective is to provide as high a level of current income as is consistent with prudent investing, while seeking preservation of shareholders’ capital. The Fund uses a wide range of investments to efficiently manage its portfolio and to help reduce investment costs and manage portfolio risks. The Fund primarily invests in US issuers but may invest up to 25% of its net assets (without taking into account ancillary liquid assets) in non-US issuers and up to 20% of its net assets in non-US dollar exposure. The Fund may also invest up to 20% of its net assets in low-rated or non-investment grade debt securities.

Portfolio Profile30/04/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds94.140.7293.42
Cash6.470.006.47
Other0.450.340.11
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond48.36
Asset Backed15.16
Government12.56
Commercial Mortgage Backed8.48
Cash & Equivalents6.51
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
US Treasury Note 1.5% 2019-02-28United States3.91
US Treasury Note 1.375% 2019-02-28United States3.67
New since last portfolioUS Treasury Note 0.875% 2018-10-15United States3.29
New since last portfolioFHLBA 2016-05-02United States1.61
Toys R Us 7.375% 2018-10-15United States0.85
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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