Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -1.00% | -3.58% | -6.62% | -10.30% | -11.38% | -12.68% | -0.56% | -6.22% | -3.97% | -3.68% |
| Market-price total return | -1.00% | -2.88% | -4.61% | -6.45% | -5.68% | -5.22% | +7.87% | +1.61% | +3.60% | +4.30% |
| NAV return | +0.31% | -1.21% | -3.55% | -4.96% | -5.51% | -6.32% | -0.41% | -4.25% | -3.98% | -3.07% |
| NAV total return | +0.31% | -0.55% | -1.62% | -1.15% | +0.19% | +1.24% | +7.58% | +3.25% | +3.14% | +4.43% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.12% | 0.04% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.11% | 0.04% | as above |
| Volatility, 5 years | 0.11% | 0.05% | as above |
| Maximum drawdown, 3 years | -7.61% | -2.79% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.35 | 0.84 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.52 | 1.23 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.58 | — | AGG (U.S. aggregate bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.28 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Franklin Master Intermediate Income Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.