Overall Morningstar Rating
Rating Category: Global/US Loan
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.
Morningstar Style Box
Source: Morningstar®. The style box reveals a fund's investment style. The vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend, or growth). Placement is determined by fund portfolio holding figures most recently entered into Morningstar's database and corresponding market conditions. Shaded areas show the past 3 years of quarterly data. Past performance does not guarantee future results.
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category | 50 |
| Years | 5 |
| Ratings | |
| Number of Funds In Category | 47 |
| Years | 10 |
| Ratings | |
| Number of Funds In Category | 32 |
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Overview
Portfolio Managers
Performance
- Average Annual Total Returns
- Calendar Year Returns
- Cumulative Total Returns
- Risk Measures
Average Annual Total Returns
Calendar Year Returns
Cumulative Total Returns
Risk Measures
Portfolio
Portfolio Allocations
Portfolio Holdings
- Holdings
- Top Ten Holdings
Holdings
Top Ten Holdings
Distributions
Pricing
Documents
Product Literature
Regulatory Documents
Important Information
© 2025 Franklin Templeton. All rights reserved. The Franklin Floating Rate Fund PLC (the Fund) is an investment company with variable capital incorporated in Ireland on 1 December 1999 as a public limited company under registration number 316174. The Fund is authorised by the Central Bank of Ireland as a designated investment company pursuant to Section 256 of Part XIII of the Companies Act 1990. The Fund's registered office is JPMorgan House, International Financial Services Centre, Dublin Ireland. A copy of the latest prospectus, the annual report and semi-annual report, if published thereafter, can be obtained, free of charge, from the Administrator, J.P. Morgan Administration Services (Ireland) Limited, JPMorgan House, International Financial Services Centre, Dublin 1, Ireland. This document is intended to be of general interest only and does not constitute legal or tax advice, nor does it constitute or form a part of any offer for shares of the Fund or an invitation to apply for shares of the Fund. Subscriptions for shares in the Fund can only be made on the basis of the Fund's most recent Prospectus. The Fund's documents are available from your local Franklin Templeton representative in English. In addition, a Summary of Investor Rights is available from franklintempleton.lu. The summary is available in English. The Fund is notified for marketing in multiple EU Member States under the AIFMD Directive. The Fund can terminate such notifications for any share class and/or sub-fund at any time by using the process contained in Article 32a of the AIFMD Directive. An investment in the Fund entails risks which are described in the Fund's Prospectus. The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Past performance is not an indicator or a guarantee of future performance. Currency fluctuations may affect the value of overseas investments. When investing in a fund denominated in a foreign currency, your performance may also be affected by currency fluctuations. Please consult your professional advisor before deciding to invest. Shares of the Fund are not available for distribution in all jurisdictions and prospective investors should confirm availability with their local Franklin Templeton representative before making any plans to invest. This report does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a report or make such an offer or solicitation.
The Franklin Floating Rate Fund PLC (the “Fund” or “FFRF”) is an investment company with variable capital incorporated in Ireland on 1 December 1999 as a public limited company under registration number 316174. The Fund is authorised by the Central Bank of Ireland as a designated investment company pursuant to Section 1395 of Part 24 of the Companies Act 2014. The Fund's registered office is 200 Capital Dock, 79 Sir John Rogerson's Quay, Dublin 2, Ireland. A copy of the latest Prospectus, the annual report and semi-annual report, if published thereafter, can be obtained, free of charge, from the Administrator, J.P. Morgan Administration Services (Ireland) Limited, JPMorgan House, 200 Capital Dock, 79 Sir John Rogerson's Quay, Dublin 2, Ireland.
This material is intended to be of general interest only and should not be construed as investment advice. It does not constitute legal or tax advice, nor does it constitute or form a part of any offer for shares of the Fund or an invitation to apply for shares of the Fund. Opinions expressed are the author's at publication date and they are subject to change without prior notice.
Subscriptions for shares in the Fund can only be made on the basis of the Fund's most recent Prospectus. The Fund's documents are available in English from your local FT Representative. For the avoidance of doubt, if you make a decision to invest, you will be buying units/shares in the fund and will not be investing directly in the underlying assets of the fund.
In addition, a Summary of Investor Rights is available from www.franklintempleton.lu/summary-of-investor-rights. The summary is available in English.
The Fund is notified for marketing in multiple EU Member States under the AIFMD Directive. The Fund can terminate such notifications for any share class and/or sub-fund at any time by using the process contained in Article 32a of the AIFMD Directive.
An investment in the Fund entails risks which are described in the Fund's Prospectus. The value of shares in the Fund and income received from it can go down as well as up, and investors may not get back the full amount invested. Past performance does not predict future returns. Currency fluctuations may affect the value of overseas investments. When investing in a fund denominated in a foreign currency, your performance may also be affected by currency fluctuations. Investments in derivative instruments entail specific risks that may increase the risk profile of the fund.
The Fund invests in a specific sector or geographical area and the returns may be more volatile than a more diversified fund.
References to indices are made for comparative purposes only and are provided to represent the investment environment existing during the time periods shown. Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges. The performance of the index does not include the deduction of expenses and does not represent the performance of any Franklin Templeton fund. No shares of the Fund may be directly or indirectly offered or sold to nationals or residents of the United States of America. The Fund is not registered for public distribution.
Franklin Templeton and its management groups have exercised professional care and diligence in the collection and processing of the information in this report. However, the data used in the preparation of this presentation were provided by third-party sources and Franklin Templeton has not independently verified, validated or audited such data. Franklin Templeton makes no representations or warranties with respect to the accuracy of this presentation. Franklin Templeton shall not be liable to any user of this report or to any other person or entity for the inaccuracy of information contained in this presentation or for any errors or omissions in its contents, regardless of the cause of such inaccuracy, error or omission. Any research and analysis contained in this document has been procured by Franklin Templeton for its own purposes.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indices are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
The Fund is not sponsored, endorsed, sold or promoted by Morningstar, Inc. or any of its affiliates.
In the U.S., this material is made available to you for informational purposes only by Franklin Distributors LLC, member FINRA/SIPC, One Franklin Parkway, San Mateo, California 94403-1906. One Franklin Parkway, San Mateo, California 94403-1906. Tel: (800) 239-3894 (USA Toll-Free), (877) 389-0076 (Canada Toll-Free), and Fax: (727) 299-8736.
Investments are not FDIC insured; may lose value and are not bank guaranteed. Distribution outside the U.S. may be made by Franklin Templeton International Services, S.a.R.L. ("FTIS"), or other sub-distributors, intermediaries, dealers or professional investors that have been engaged by Templeton Global Advisors Limited to distribute shares of Franklin Templeton funds in certain jurisdictions. This is not an offer to sell or a solicitation of an offer to purchase securities in any jurisdiction where it would be illegal to do so.
Investors should consider the fund's investment objectives, risks, charges and expenses carefully before investing. Find this and other information in the prospectus available on this webpage. Read it carefully.
Footnotes
The above listed Funds prices are unconfirmed unless stated otherwise and for information only, as they have not yet been verified by the Administrative Agent of the relevant Funds. Neither the Fund itself nor Franklin Templeton accepts responsibility for any reliance placed on the prices indicated and the information included in this data file. Purchase, exchange and redemptions of Shares can only be made on the basis of confirmed prices. Confirmed prices may be obtained after 12pm noon from Franklin Templeton.
Effective 1 March 2024, the fund changed its benchmark to the Morningstar LSTA US Leveraged Loan Index.
Total Expense Ratio (TER) includes the fees paid to the management company, the investment manager and the depository, as well as certain other expenses. The TER is calculated by taking the relevant main material costs paid out over the 12-month period indicated and dividing them by the average net assets over the same period. The TER does not include all expenses paid by the fund (for example, it does not include what the fund pays for buying and selling securities). For a comprehensive list of the types of costs deducted from fund assets, see the prospectus.