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FBLAX Franklin Managed Income A

  • Fund
  • FBLAX
  • Price as of: Apr 18, 2019
  • $12.40
  • - $0.00
  • - 0.00%
  • Category
  • Diversified Portfolio

FBLAX - Profile

Vitals

  • YTD Return 8.2%
  • 3 Yr Annualized Return 7.6%
  • 5 Yr Annualized Return 5.5%
  • Net Assets $3.59 B
  • Holdings in Top 10 16.9%

52 WEEK LOW AND HIGH

$12.40
$11.13
$12.43

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.02%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 63.64%

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 8.2%
  • 3 Yr Annualized Total Return 5.6%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.22%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Franklin Managed Income Fund
  • Fund Family Name Franklin Templeton Investments
  • Inception Date Jul 03, 2006
  • Shares Outstanding 225149288
  • 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 8.2% -56.5% 25.2% 41.08% 3
1 Yr 7.0% -49.1% 45.9% 11.65% 1
3 Yr 7.6% * -28.1% 16.5% 24.95% 2
5 Yr 5.5% * -10.0% 12.3% 28.15% 2
10 Yr 11.2% * -7.7% 14.7% 11.65% 1

* Annualized


Return Ranking - Calendar

Period FBLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -7.1% -34.6% 32.0% 29.81% 2
2017 4.4% -37.7% 390.9% 51.78% 3
2016 7.0% -65.8% 48.7% 10.76% 1
2015 -5.9% -32.5% 36.4% 45.20% 3
2014 2.8% -59.3% 20.8% 23.58% 2

Total Return Ranking - Trailing

Period FBLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.2% -100.0% 25.2% 40.90% 3
1 Yr 1.1% -51.6% 73.2% 56.19% 3
3 Yr 5.6% * -29.0% 28.2% 47.59% 3
5 Yr 4.3% * -10.4% 12.1% 46.29% 3
10 Yr 10.6% * -7.7% 14.7% 19.52% 1

* Annualized


Total Return Ranking - Calendar

Period FBLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -7.1% -34.6% 32.0% 30.66% 2
2017 4.4% -36.7% 390.9% 52.57% 3
2016 10.0% -65.6% 50.4% 7.46% 1
2015 -2.9% -29.3% 56.6% 66.77% 4
2014 8.2% -21.5% 52.2% 26.81% 2

NAV & Total Return History

FBLAX - Holdings

Filings data as of: Feb 28, 2019

Concentration Analysis

FBLAX Category Low Category High FBLAX % Rank Quintile
Net Assets 3.59 B 81.4 K 140 B 3.52% 1
Number of Holdings 163 1 13341 11.16% 2
Net Assets in Top 10 601 M -654 M 33.8 B 7.96% 2
Weighting of Top 10 16.9% 0.0% 3327.1% 31.06% 5

Top 10 Holdings

  1. Wells Fargo & Co 1.54%
  2. JPMorgan Chase & Co 1.47%
  3. United States Treasury Notes 2.75% 2.82%
  4. United States Treasury Notes 1.75% 2.10%
  5. Texas Instruments Inc 1.79%
  6. Ubs Ag London 0% 1.55%
  7. United States Treasury Notes 2.88% 1.43%
  8. United States Treasury Notes 2.75% 1.42%
  9. United States Treasury Notes 2.25% 1.40%
  10. Pfizer Inc 1.40%

Asset Allocation

Weighting Category Low Category High FBLAX % Rank Quintile
Bonds
42.79% -367.37% 252.78% 11.69% 2
Stocks
38.59% -50.88% 107.25% 23.25% 4
Cash
9.19% -229.53% 902.22% 11.80% 2
Preferred Stocks
8.19% -0.04% 65.70% 1.05% 1
Convertible Bonds
1.23% -0.09% 39.88% 5.22% 1
Other
0.00% -802.22% 98.84% 15.65% 5

Stock Sector Breakdown

Weighting Category Low Category High FBLAX % Rank Quintile
Financial Services
5.70% -8.51% 69.58% 19.29% 4
Consumer Defense
5.22% -3.24% 27.69% 6.45% 2
Technology
5.08% -9.43% 70.04% 21.04% 4
Industrials
4.47% -2.74% 48.84% 16.48% 3
Healthcare
4.44% -2.72% 31.05% 18.09% 4
Energy
3.57% -4.89% 32.58% 10.77% 2
Utilities
3.25% -0.60% 47.20% 3.96% 1
Basic Materials
1.53% -2.54% 21.85% 12.94% 4
Communication Services
1.40% -1.63% 27.16% 10.22% 3
Consumer Cyclical
1.12% -9.87% 54.37% 23.71% 5
Real Estate
0.85% -6.85% 77.34% 17.08% 4

Stock Geographic Breakdown

Weighting Category Low Category High FBLAX % Rank Quintile
US
31.11% -97.12% 102.15% 20.77% 3
Non US
7.48% -8.63% 150.26% 20.45% 4

Bond Sector Breakdown

Weighting Category Low Category High FBLAX % Rank Quintile
Corporate
42.46% 0.00% 100.00% 2.24% 1
Government
9.17% -218.14% 252.78% 17.15% 3
Cash & Equivalents
5.46% -229.63% 902.21% 15.83% 3
Securitized
0.15% -0.01% 43.20% 24.84% 4
Derivative
0.00% -196.76% 51.34% 3.80% 4
Municipal
0.00% 0.00% 99.97% 7.91% 5

Bond Geographic Breakdown

Weighting Category Low Category High FBLAX % Rank Quintile
US
39.90% -346.74% 207.15% 9.93% 2
Non US
2.89% -84.44% 152.24% 19.21% 4

FBLAX - Expenses

Operational Fees

FBLAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.02% 0.00% 165.34% 15.11% 3
Management Fee 0.56% 0.00% 2.55% 3.39% 4
12b-1 Fee 0.25% 0.00% 1.00% 1.32% 3
Administrative Fee 0.20% 0.00% 0.83% 1.45% 5

Sales Fees

FBLAX Fees (% of AUM) Category Low Category High FBLAX Rank Quintile
Front Load 5.50% 0.14% 5.75% 0.46% 3
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 63.64% 0.00% 6067.00% 9.02% 4

FBLAX - Distributions

Dividend Yield Analysis

FBLAX Category Low Category High FBLAX % Rank Quintile
Dividend Yield 0.4% 0.00% 11.69% 24.38% 2

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 2.22% -4.09% 7.77% 8.61% 2

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

12.75

Tenure Rank

1.7%

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

12.75

Tenure Rank

1.7%

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

12.75

Tenure Rank

1.7%

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

2.08

Tenure Rank

7.1%

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.


Brendan Circle

Manager

Start Date

Mar 01, 2019

Tenure

0.08

Tenure Rank

8.6%

Brendan Circle, CFA (Portfolio Manager and Research Analyst of Franklin Advisers, Inc.) is a portfolio manager and research analyst for Franklin Templeton Multi-Asset Solutions. His portfolio manager responsibilities include assisting in the management of multi-asset strategies. Mr. Circle also specializes in the analysis of high yield corporate bonds. Mr. Circle joined Franklin Templeton in 2014 upon graduation from business school at the University of Chicago Booth School of Business. Previously, he was a research analyst for the Franklin Templeton Fixed Income Group, focusing on high yield corporate bonds. Prior to business school, Mr. Circle worked as a senior portfolio management associate at PIMCO, specializing in Global Investment Grade Credit portfolio strategies. Mr. Circle holds an A.B. in economics from Princeton University and an M.B.A. from the University of Chicago Booth School of Business. Mr. Circle is a Chartered Financial Analyst (CFA), as well as a member of the CFA Institute and the CFA Society of San Francisco.


Tenure Analysis

Category Low

0.0

Category High

38.3

Category Average

5.92

Category Mode

4.3