| FRNRX | |
|---|---|
| Total return | +155.93% |
| Annualised (CAGR) | +9.85% |
| Volatility (annualised) | +28.06% |
| Sharpe (rf = 0) | 0.35 |
| Deepest drawdown | -70.71% |
| Drawdown peak → trough | 2018-05-21 → 2020-03-18 |
| Dividend yield (12m distributions) | 1.37% (as of 2026-10-02) |
Over the 10.0 years to 2026-10-02 the fund returned +155.93% in total (+9.85% a year), with a deepest drawdown of -70.71% from 2018-05-21 to 2020-03-18. Its worst calendar year was 2018 (-23.75%), its best 2021 (+65.60%).
| Year | FRNRX |
|---|---|
| 2026 | +23.65% |
| 2025 | +30.39% |
| 2024 | +1.25% |
| 2023 | +3.28% |
| 2022 | +30.47% |
| 2021 | +65.60% |
| 2020 | -21.62% |
| 2019 | +10.00% |
| 2018 | -23.75% |
| 2017 | +0.32% |
| 2016 | +6.53% |
+155.93% in total, which works out to +9.85% a year over the 10 years to 2026-10-02. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2018 — its calendar-year return was -23.75% (net of fees, dividends reinvested). Its best year was 2021 (+65.60%).
-70.71%, from a peak on 2018-05-21 to a trough on 2020-03-18. From that trough it took 657 days (about 21.6 months) to climb back to the earlier peak.
Over the last 12 months it distributed 1.37% of its share price (as of 2026-10-02). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
It does not say FRNRX is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -70.71% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.