Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Mutualfunds logo

FRIAX Franklin Income Adv

  • Fund
  • FRIAX
  • Price as of: Nov 17, 2017
  • $2.32
  • - $0.00
  • - 0.00%
  • Category
  • Global Allocation

FRIAX - Profile

Vitals

  • YTD Return 1.3%
  • 3 Yr Annualized Return -1.7%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $82.9 B
  • Holdings in Top 10 14.1%

52 WEEK LOW AND HIGH

$2.32
$2.22
$2.38

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.46%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 61.26%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

N/A

Investment Themes

CATEGORY

Global Allocation
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return 7.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.72%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Franklin Income Fund
  • Fund Family Name Franklin Templeton Investments
  • Inception Date Dec 31, 1996
  • Shares Outstanding N/A
  • Share Class Adv
  • Currency USD
  • Domiciled Country United States
  • Manager Edward D. Perks

Fund Description

The Franklin Income Fund Share Class Advisor (FRIAX) is a conservative, balanced fund offering exposure to a wide range of equities and fixed-income securities. On the equity side, FRIAX provides exposure to foreign and domestic stocks with a focus on dividends and income generation. As for the fixed-income sleeve of the portfolio, FRIAX holds a mixture of Treasuries and corporate bonds as well as various money-market instruments. The fund provides a low-cost core option suited for all-in investors.

The actively managed fund aims to keep a 70/30 spilt between equities and bonds. The fund is managed by Franklin Templeton Investments.

FRIAX - Performance

Return Ranking - Trailing

Period FRIAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.3% -25.7% 27.1% 80.86% 5
1 Yr 5.0% -35.4% 26.6% 73.39% 4
3 Yr -1.7% * -5.5% 9.0% 82.37% 5
5 Yr 1.7% * -4.0% 10.6% 64.76% 4
10 Yr -1.2% * -0.9% 6.5% 84.08% 5

* Annualized


Return Ranking - Calendar

Period FRIAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 10.1% -30.2% 210.7% 5.23% 1
2015 -12.6% -30.7% 2.7% 80.47% 5
2014 -1.2% -25.2% 10.0% 35.73% 3
2013 8.1% -12.0% 23.8% 38.14% 3
2012 7.2% -11.2% 18.2% 62.46% 4

Total Return Ranking - Trailing

Period FRIAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.3% -25.7% 27.1% 80.86% 5
1 Yr 5.0% -35.4% 40.9% 69.74% 4
3 Yr 1.9% * -5.7% 12.6% 71.26% 4
5 Yr 7.4% * -4.0% 10.6% 25.90% 2
10 Yr 5.9% * -0.8% 6.5% 4.46% 1

* Annualized


Total Return Ranking - Calendar

Period FRIAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 16.4% -30.2% 210.8% 1.82% 1
2015 -8.2% -29.2% 7.0% 82.33% 5
2014 4.6% -13.1% 18.1% 17.12% 1
2013 18.0% -9.8% 49.2% 27.68% 2
2012 20.2% -17.9% 30.6% 14.56% 1

NAV & Total Return History

FRIAX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

FRIAX Category Low Category High FRIAX % Rank Quintile
Net Assets 82.9 B 774 K 108 B 0.63% 1
Number of Holdings 435 2 5511 9.73% 2
Net Assets in Top 10 11.7 B -836 M 19.4 B 1.06% 1
Weighting of Top 10 14.1% 0.0% 408.5% 30.02% 5

Top 10 Holdings

  1. Royal Dutch Shell PLC ADR Class A 2.32%
  2. General Electric Co 1.45%
  3. Basf SE 1.53%
  4. Dominion Energy Inc 1.25%
  5. Coca-Cola Co 1.35%
  6. DowDuPont Inc 1.38%
  7. Wells Fargo & Co 1.49%
  8. Chs / Cmnty Health Sys 8% 1.09%
  9. Sanofi SA ADR 1.07%
  10. Chevron Corp 1.13%

Asset Allocation

Weighting Category Low Category High FRIAX % Rank Quintile
Stocks
44.09% -1.87% 104.72% 23.26% 4
Bonds
37.28% -168.49% 101.81% 12.26% 2
Preferred Stocks
8.71% -0.01% 26.59% 1.48% 1
Cash
5.81% -106.19% 184.57% 17.12% 3
Other
3.19% -1.71% 101.91% 16.07% 3
Convertible Bonds
0.92% 0.00% 6.60% 2.75% 1

Stock Sector Breakdown

Weighting Category Low Category High FRIAX % Rank Quintile
Energy
6.51% -2.96% 27.67% 4.63% 1
Financial Services
5.98% -1.55% 21.55% 22.69% 4
Utilities
5.59% 0.00% 19.61% 1.54% 1
Healthcare
4.66% -2.40% 11.97% 16.08% 3
Consumer Defense
4.39% -1.18% 21.92% 12.78% 3
Basic Materials
3.54% -0.11% 19.84% 11.01% 2
Industrials
3.46% 0.00% 15.36% 22.91% 4
Technology
2.20% -1.42% 20.13% 29.52% 5
Communication Services
1.39% -0.71% 19.29% 21.37% 4
Consumer Cyclical
1.39% -2.25% 12.90% 29.07% 5
Real Estate
0.67% -0.70% 25.87% 27.09% 5

Stock Geographic Breakdown

Weighting Category Low Category High FRIAX % Rank Quintile
US
31.38% -70.07% 104.72% 9.30% 2
Non US
12.71% 0.00% 93.40% 29.60% 5

Bond Sector Breakdown

Weighting Category Low Category High FRIAX % Rank Quintile
Corporate
41.78% -0.01% 53.23% 1.69% 1
Cash & Equivalents
5.81% -103.93% 185.25% 16.28% 3
Securitized
0.11% 0.00% 22.72% 18.60% 3
Government
0.07% -174.60% 77.51% 29.60% 5
Derivative
0.00% -18.68% 15.62% 6.55% 3
Municipal
0.00% 0.00% 9.55% 7.82% 5

Bond Geographic Breakdown

Weighting Category Low Category High FRIAX % Rank Quintile
US
31.96% -178.20% 82.43% 6.34% 1
Non US
5.32% 0.00% 63.58% 24.31% 4

FRIAX - Expenses

Operational Fees

FRIAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.46% 0.01% 19.72% 43.64% 1
Management Fee 0.37% 0.00% 1.70% 7.87% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.15% 0.00% 0.55% 3.24% 4

Sales Fees

FRIAX Fees (% of AUM) Category Low Category High FRIAX Rank Quintile
Front Load N/A 0.15% 5.75% N/A N/A
Deferred Load N/A 0.50% 5.50% N/A N/A

Trading Fees

FRIAX Fees (% of AUM) Category Low Category High FRIAX 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.

FRIAX Fees (% of AUM) Category Low Category High FRIAX Rank Quintile
Turnover 61.26% 0.00% 1837.00% 11.85% 3

FRIAX - Distributions

Dividend Yield Analysis

FRIAX Category Low Category High FRIAX % Rank Quintile
Dividend Yield 0.1% 0.00% 2.17% 67.35% 4

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FRIAX Category Low Category High FRIAX % Rank Quintile
Net Income Ratio 4.72% -2.25% 9.28% 2.54% 1

Capital Gain Distribution Analysis

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

FRIAX - Managers

Edward D. Perks

Manager

Start Date

May 01, 2002

Tenure

15.51

Tenure Rank

0.6%

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.


Matthew D. Quinlan

Manager

Start Date

Dec 21, 2012

Tenure

4.86

Tenure Rank

6.7%

Matt Quinlan, MBA is a vice president, research analyst and portfolio manager for the Franklin Equity Group. He is a portfolio manager for Franklin U.S. Monthly Income Fund and several U.S.-based Franklin equity funds. Mr. Quinlan leads the Consumer Research Team and he has research coverage responsibilities for the retail and consumer products sectors. He also analyzes debt and equity investments for the Core/Hybrid Team. Mr. Quinlan holds a B.A. in history from UCLA and an M.B.A. in finance and strategy from The Anderson School at UCLA.


Todd Brighton

Manager

Start Date

Mar 01, 2017

Tenure

0.67

Tenure Rank

13.5%

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.


Richard S. Hsu

Manager

Start Date

Mar 01, 2017

Tenure

0.67

Tenure Rank

13.5%

Richard Hsu, CFA is a vice president, portfolio manager, and research analyst in the Franklin Templeton Fixed Income Group. He is also a member of the firm’s Fixed Income Policy Committee. Mr. Hsu assists in the managing of bank loan credit strategies and research for the Franklin Income strategy and other corporate credit products that have allocations to floating rate debt. Mr. Hsu joined the firm in 1996 and helped create the floating rate bank loan group in 1997. He earned a B.A. with honors and M.A. from Stanford University.


Tenure Analysis

Category Low

0.0

Category High

25.8

Category Average

5.15

Category Mode

0.7