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FBLAX Franklin Balanced A

  • Fund
  • FBLAX
  • Price as of: Dec 15, 2017
  • $12.26
  • - $0.20
  • - 1.61%
  • Category
  • Diversified Portfolio

FBLAX - Profile

Vitals

  • YTD Return 3.7%
  • 3 Yr Annualized Return 5.5%
  • 5 Yr Annualized Return 7.7%
  • Net Assets $3.54 B
  • Holdings in Top 10 16.7%

52 WEEK LOW AND HIGH

$12.26
$11.82
$12.49

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.02%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 46.03%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return 3.7%
  • 3 Yr Annualized Total Return 3.4%
  • 5 Yr Annualized Total Return 6.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.62%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Franklin Balanced Fund
  • Fund Family Name Franklin Templeton Investments
  • Inception Date Jul 03, 2006
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Shawn Lyons

FBLAX - Performance

Return Ranking - Trailing

Period FBLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.7% -56.6% 455.1% 67.22% 4
1 Yr 9.8% -26.7% 45.9% 57.76% 3
3 Yr 5.5% * -11.4% 12.2% 34.94% 2
5 Yr 7.7% * -11.6% 15.7% 40.92% 3
10 Yr 5.8% * -6.3% 9.0% 24.36% 2

* Annualized


Return Ranking - Calendar

Period FBLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 7.0% -65.8% 23.3% 10.72% 1
2015 -5.9% -37.7% 48.7% 40.19% 3
2014 2.8% -59.3% 22.9% 17.10% 1
2013 7.8% -17.5% 36.4% 46.94% 3
2012 7.3% -16.2% 18.4% 52.30% 3

Total Return Ranking - Trailing

Period FBLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.7% -56.6% 455.1% 67.13% 4
1 Yr 3.5% -28.0% 73.2% 77.84% 4
3 Yr 3.4% * -11.4% 28.2% 60.83% 4
5 Yr 6.5% * -11.9% 15.7% 52.24% 3
10 Yr 5.1% * -6.3% 9.0% 39.24% 2

* Annualized


Total Return Ranking - Calendar

Period FBLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 10.0% -65.6% 32.0% 7.37% 1
2015 -2.9% -29.3% 50.4% 60.70% 4
2014 8.2% -54.8% 25.4% 20.54% 2
2013 15.3% -16.7% 57.2% 48.71% 3
2012 16.0% -16.2% 74.5% 31.03% 2

NAV & Total Return History

FBLAX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

FBLAX Category Low Category High FBLAX % Rank Quintile
Net Assets 3.54 B 81.4 K 121 B 3.29% 1
Number of Holdings 158 1 12849 10.48% 2
Net Assets in Top 10 587 M -654 M 23.3 B 7.32% 2
Weighting of Top 10 16.7% 0.2% 455.9% 29.32% 5

Top 10 Holdings

  1. Raytheon Co 1.91%
  2. General Electric Co 1.89%
  3. Coca-Cola Co 1.53%
  4. Wells Fargo & Co 1.88%
  5. DowDuPont Inc 1.57%
  6. Verizon Communications Inc 1.40%
  7. Pfizer Inc 1.83%
  8. JPMorgan Chase & Co 1.64%
  9. Chevron Corp 1.67%
  10. Texas Instruments Inc 1.35%

Asset Allocation

Weighting Category Low Category High FBLAX % Rank Quintile
Stocks
54.06% -1.21% 146.47% 16.90% 3
Bonds
31.80% -109.09% 124.94% 17.82% 3
Preferred Stocks
6.55% -0.04% 119.94% 1.51% 1
Cash
6.08% -149.38% 110.98% 14.68% 3
Convertible Bonds
1.52% 0.00% 33.12% 3.75% 1
Other
0.00% -6.08% 98.84% 17.80% 5

Stock Sector Breakdown

Weighting Category Low Category High FBLAX % Rank Quintile
Industrials
10.93% -2.74% 48.84% 2.08% 1
Energy
7.61% -4.89% 33.81% 2.73% 1
Financial Services
7.21% -8.51% 69.58% 16.26% 3
Consumer Defense
6.79% -2.25% 27.69% 2.96% 1
Healthcare
4.95% -8.22% 31.05% 16.30% 3
Technology
4.76% -6.57% 70.04% 20.88% 4
Basic Materials
2.78% -2.54% 21.85% 9.01% 2
Utilities
1.95% -2.48% 47.20% 7.44% 2
Consumer Cyclical
1.61% -10.84% 54.37% 22.77% 5
Communication Services
1.40% -1.63% 27.16% 10.35% 3
Real Estate
0.79% -3.87% 87.96% 17.00% 4

Stock Geographic Breakdown

Weighting Category Low Category High FBLAX % Rank Quintile
US
46.92% -97.12% 143.85% 11.67% 2
Non US
7.14% -11.38% 150.81% 20.91% 4

Bond Sector Breakdown

Weighting Category Low Category High FBLAX % Rank Quintile
Corporate
39.35% 0.00% 212.43% 2.93% 1
Cash & Equivalents
6.08% -145.53% 110.98% 13.95% 3
Securitized
0.29% -0.01% 64.34% 22.87% 4
Government
0.21% -339.71% 106.48% 26.49% 5
Derivative
0.00% -84.53% 24.98% 3.71% 3
Municipal
0.00% 0.00% 207.05% 7.46% 5

Bond Geographic Breakdown

Weighting Category Low Category High FBLAX % Rank Quintile
US
26.76% -186.20% 130.41% 16.83% 3
Non US
5.04% -57.44% 165.66% 13.17% 3

FBLAX - Expenses

Operational Fees

FBLAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.02% 0.00% 165.34% 14.61% 3
Management Fee 0.63% 0.00% 2.55% 2.88% 4
12b-1 Fee 0.25% 0.00% 1.00% 1.33% 3
Administrative Fee 0.20% 0.00% 0.83% 1.30% 5

Sales Fees

FBLAX Fees (% of AUM) Category Low Category High FBLAX Rank Quintile
Front Load 5.75% 0.14% 5.75% 0.23% 5
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

FBLAX Fees (% of AUM) Category Low Category High FBLAX Rank Quintile
Max Redemption Fee N/A 0.11% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FBLAX Fees (% of AUM) Category Low Category High FBLAX Rank Quintile
Turnover 46.03% 0.00% 5910.00% 10.17% 3

FBLAX - Distributions

Dividend Yield Analysis

FBLAX Category Low Category High FBLAX % Rank Quintile
Dividend Yield 0.4% 0.00% 11.33% 14.74% 1

Dividend Distribution Analysis

FBLAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FBLAX Category Low Category High FBLAX % Rank Quintile
Net Income Ratio 2.62% -3.27% 12.91% 7.70% 1

Capital Gain Distribution Analysis

FBLAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FBLAX - Managers

Shawn Lyons

Manager

Start Date

Jul 03, 2006

Tenure

11.42

Tenure Rank

1.8%

Shawn Lyons is the head of the Money Market group and portfolio manager of the taxable money funds. Mr. Lyons joined Franklin Templeton Investments in 1996. Mr. Lyons received a Bachelor of Arts degree in economics from the University of California at Berkeley. He is a Chartered Financial Analyst (CFA) and a member of the Security Analysts of San Francisco (SASF) and the Association for Investment Management and Research (AIMR).


Edward D. Perks

Lead Manager

Start Date

Jul 03, 2006

Tenure

11.42

Tenure Rank

1.8%

Edward Perks, CFA, executive vice president is chief investment officer of Franklin Templeton's equity teams, overseeing Franklin Equity Group, Templeton Global Equity Group, Franklin Mutual Series and Franklin U.S. Value. He is also a member of Franklin Resources' executive committee, a nine-member group responsible for shaping the company's overall strategy. Mr. Perks is lead portfolio manager for Franklin U.S. Monthly Income Fund, U.S.-based Franklin Income Fund and related portfolios. Mr. Perks holds a B.A. in economics and political science from Yale University.


Alan E. Muschott

Manager

Start Date

Jul 03, 2006

Tenure

11.42

Tenure Rank

1.8%

Mr. Muschott is a vice president of Franklin Advisers, Inc. He has been with Franklin Templeton Investments since 1998. Mr. Muschott holds the Chartered Financial Analyst designation.


Todd Brighton

Manager

Start Date

Mar 01, 2017

Tenure

0.75

Tenure Rank

7.4%

Todd Brighton, CFA is a vice president, portfolio manager and research analyst for Franklin Equity Group. In addition to Franklin U.S. Monthly Income Fund he is a portfolio manager for U.S.-based Franklin Liberty U.S. Low Volatility ETF, Franklin Equity Income Fund and FTVIP Growth and Income Fund. Mr. Brighton analyzes equity and equity-linked investments for the Core/Hybrid team and specializes in the development of volatility-based strategies.


Tenure Analysis

Category Low

0.0

Category High

49.6

Category Average

5.65

Category Mode

0.7