Join Fund Library now and get free access to personalized features to help you manage your investments.

Franklin Canadian Short Duration Bond Fund Series A

Cdn Short Term Fixed Inc

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(01-22-2025)
$8.00
Change
-$0.01 (-0.08%)

As at December 31, 2024

As at September 30, 2024

Period

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
End of interactive chart.

Legend

Franklin Canadian Short Duration Bond Fund Series A

Compare Options


Fund Returns

Inception Return (December 22, 2003): 2.35%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.34% 0.89% 4.22% 6.29% 6.29% 5.71% 2.05% 1.44% 2.07% 2.33% 2.05% 1.88% 1.91% 1.79%
Benchmark 0.46% 0.64% 3.94% 5.71% 5.71% 5.32% 2.12% 1.35% 2.11% 2.25% 2.20% 1.96% 1.84% 1.91%
Category Average 0.23% 0.51% 3.50% 5.17% 5.17% 5.01% 1.75% 1.10% 1.74% 1.94% 1.74% 1.57% 1.49% 1.40%
Category Rank 191 / 330 130 / 321 100 / 309 87 / 280 87 / 280 101 / 260 142 / 247 114 / 233 117 / 227 101 / 217 109 / 203 90 / 183 76 / 178 82 / 165
Quartile Ranking 3 2 2 2 2 2 3 2 3 2 3 2 2 2

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -0.4033 to 1.6178.
End of interactive chart.
Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 0.24% 0.06% 0.56% -0.40% 0.89% 0.62% 1.62% 0.34% 1.32% -0.16% 0.71% 0.34%
Benchmark -0.13% 0.05% 0.53% -0.40% 0.86% 0.79% 1.36% 0.63% 1.26% -0.30% 0.48% 0.46%

Best Monthly Return Since Inception

2.59% (April 2020)

Worst Monthly Return Since Inception

-3.11% (March 2020)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -4.880476 to 6.289567.
End of interactive chart.
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.69% 2.13% 0.71% 0.42% 3.62% 4.61% -0.36% -4.88% 5.13% 6.29%
Benchmark 2.56% 0.90% 0.27% 1.89% 2.98% 5.17% -0.92% -3.98% 4.92% 5.71%
Category Average 0.55% 0.85% 0.42% 0.53% 2.93% 4.36% -0.83% -4.45% 4.84% 5.17%
Quartile Ranking 4 2 2 4 2 3 2 3 2 2
Category Rank 127/ 165 54/ 178 69/ 183 169/ 203 69/ 217 126/ 227 66/ 233 178/ 247 130/ 260 87/ 280

Best Calendar Return (Last 10 years)

6.29% (2024)

Worst Calendar Return (Last 10 years)

-4.88% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 45.99
Cash and Equivalents 18.66
Canadian Government Bonds 18.26
Foreign Corporate Bonds 9.68
Foreign Government Bonds 3.94
Other 3.47

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 79.31
Cash and Cash Equivalent 18.66
Financial Services 1.06
Energy 0.91
Utilities 0.14
Other -0.08

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.78
Europe 0.19
Other 2.03

Top Holdings

Top Holdings
Name Percent
Canada Housing Trust No 1 0.95% 15-Jun-2025 3.66
Canada Housing Trust No 1 3.10% 15-Jun-2028 3.00
United States Treasury 4.00% 31-Jul-2029 2.46
Manitoba Province 2.60% 02-Jun-2027 2.12
PSP Capital Inc 3.00% 05-Nov-2025 1.59
Saskatchewan Province 2.65% 02-Jun-2027 1.48
Canada Housing Trust No 1 1.25% 15-Jun-2026 1.36
Ontario Province 2.70% 02-Jun-2029 1.35
Alberta Province 2.90% 20-Sep-2029 1.24
Royal Bank of Canada 5.24% 02-Nov-2026 1.24

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Chart

Scatter chart with 3 data series.
The chart has 1 X axis displaying Risk (Annualized Standard Deviation). Data ranges from 0.5085 to 8.0767.
The chart has 1 Y axis displaying Return. Data ranges from -3.859756 to 6.2464.
End of interactive chart.

Franklin Canadian Short Duration Bond Fund Series A

Median

Other - Cdn Short Term Fixed Inc

3 Yr Annualized

Standard Deviation 2.99% 3.11% 2.51%
Beta 1.01% 1.07% 1.05%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.93% 0.71% 0.69%
Sharpe -0.52% -0.07% 0.07%
Sortino -0.41% -0.37% -0.60%
Treynor -0.02% 0.00% 0.00%
Tax Efficiency 33.78% 39.16% 27.24%
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.01% 2.99% 3.11% 2.51%
Beta 0.96% 1.01% 1.07% 1.05%
Alpha 0.01% 0.00% 0.00% 0.00%
Rsquared 0.90% 0.93% 0.71% 0.69%
Sharpe 0.87% -0.52% -0.07% 0.07%
Sortino 3.93% -0.41% -0.37% -0.60%
Treynor 0.02% -0.02% 0.00% 0.00%
Tax Efficiency 78.89% 33.78% 39.16% 27.24%

Fund Details

Start Date December 22, 2003
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $265

Fund Codes

FundServ Code Load Code Sales Status
TML1012
TML1013
TML1014

Investment Objectives

High current income and preservation of capital by investing primarily in debt instruments of Canadian issuers including federal and provincial government bonds and corporate bonds, debentures and short-term notes.

Investment Strategy

The portfolio advisor employs fundamental analysis in selecting investments for the Fund’s portfolio. The Fund will generally hold investments whose weighted average duration does not exceed 3½ years. The Fund may invest up to 25% of its assets in non-investment-grade debt instruments.

Portfolio Manager(s)

Name Start Date
Darcy Briggs 01-01-2012
Adrienne Young 08-31-2018

Management and Organization

Fund Manager Franklin Templeton Investments Corp.
Advisor Franklin Templeton Investments Corp.
Custodian JPMorgan Chase Bank
Registrar Franklin Templeton Investments Corp.
Distributor Franklin Templeton Investments Corp.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 0.95%
Management Fee 0.75%
Load Choice of Front or No Load
FE Max 6.00%
DSC Max 6.00%
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.