FBLAX: Franklin Managed Income Fund - MutualFunds.com
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FBLAX - Snapshot

Vitals

  • YTD Return 7.9%
  • 3 Yr Annualized Return 9.8%
  • 5 Yr Annualized Return 8.8%
  • Net Assets $4.06 B
  • Holdings in Top 10 19.1%

52 WEEK LOW AND HIGH

$13.77
$11.25
$13.77

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.93%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 64.69%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Compare FBLAX to Popular U.S. Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$32.36

-0.61%

$203.07 B

1.22%

$0.40

7.15%

0.58%

$47.43

-0.80%

$118.44 B

1.83%

$0.88

6.92%

0.24%

$46.23

-0.52%

$56.31 B

1.04%

$0.49

4.26%

0.18%

$36.84

-0.78%

$49.28 B

1.07%

$0.40

8.00%

0.70%

$30.36

-0.56%

$45.38 B

1.03%

$0.32

7.36%

0.52%

FBLAX - Profile

Distributions

  • YTD Total Return 7.9%
  • 3 Yr Annualized Total Return 7.8%
  • 5 Yr Annualized Total Return 7.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.55%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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
    247078070
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Edward Perks

FBLAX - Performance

Return Ranking - Trailing

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -6.1% 86.6% 18.29%
1 Yr 23.0% -5.2% 109.7% 90.60%
3 Yr 9.8%* -1.4% 27.2% 69.91%
5 Yr 8.8%* 0.6% 25.9% 79.35%
10 Yr 7.5%* 1.6% 15.8% 68.22%

* Annualized

Return Ranking - Calendar

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
2020 0.6% -39.0% 56.4% 89.72%
2019 9.8% -5.8% 26.1% 85.12%
2018 -7.1% -52.1% 0.0% 7.80%
2017 4.4% -6.5% 32.7% 83.25%
2016 7.0% -43.7% 17.8% 10.05%

Total Return Ranking - Trailing

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -6.1% 66.5% 18.29%
1 Yr 16.3% -5.2% 109.7% 96.33%
3 Yr 7.8%* -1.4% 27.2% 86.53%
5 Yr 7.6%* 0.6% 25.9% 89.13%
10 Yr 6.9%* 1.6% 15.8% 79.37%

* Annualized

Total Return Ranking - Calendar

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
2020 0.6% -39.0% 56.4% 89.72%
2019 10.1% -5.8% 26.1% 83.41%
2018 -3.2% -47.9% 0.8% 6.05%
2017 9.5% -3.7% 56.2% 78.17%
2016 12.0% -43.7% 19.8% 4.23%

NAV & Total Return History


FBLAX - Holdings

Concentration Analysis

FBLAX Category Low Category High FBLAX % Rank
Net Assets 4.06 B 9.98 K 203 B 23.46%
Number of Holdings 144 2 14931 44.41%
Net Assets in Top 10 760 M -9.34 M 36.6 B 44.13%
Weighting of Top 10 19.07% 7.9% 100.0% 87.80%

Top 10 Holdings

  1. Txn 8.50% Eln Issued By Bnp Pa 2.75%
  2. Txn 8.50% Eln Issued By Bnp Pa 2.75%
  3. Txn 8.50% Eln Issued By Bnp Pa 2.75%
  4. Txn 8.50% Eln Issued By Bnp Pa 2.75%
  5. Txn 8.50% Eln Issued By Bnp Pa 2.75%
  6. Txn 8.50% Eln Issued By Bnp Pa 2.75%
  7. Txn 8.50% Eln Issued By Bnp Pa 2.75%
  8. Txn 8.50% Eln Issued By Bnp Pa 2.75%
  9. Txn 8.50% Eln Issued By Bnp Pa 2.75%
  10. Txn 8.50% Eln Issued By Bnp Pa 2.75%

Asset Allocation

Weighting Return Low Return High FBLAX % Rank
Stocks
50.91% 0.00% 130.38% 91.26%
Bonds
26.92% -0.38% 121.14% 74.50%
Preferred Stocks
16.95% 0.00% 24.34% 0.86%
Convertible Bonds
2.90% 0.00% 26.60% 5.73%
Cash
2.29% -53.51% 81.21% 74.07%
Other
0.03% -4.33% 73.51% 40.54%

Stock Sector Breakdown

Weighting Return Low Return High FBLAX % Rank
Utilities
23.04% 0.00% 100.00% 1.58%
Healthcare
16.94% 0.00% 38.48% 5.30%
Financial Services
16.24% 0.00% 100.00% 32.66%
Consumer Defense
12.76% 0.00% 17.16% 3.30%
Industrials
9.64% 0.00% 33.15% 64.47%
Energy
8.62% 0.00% 69.89% 4.73%
Communication Services
5.58% 0.00% 30.83% 93.12%
Consumer Cyclical
2.79% 0.00% 24.11% 95.56%
Basic Materials
2.29% 0.00% 21.94% 81.23%
Technology
2.00% 0.00% 50.38% 97.28%
Real Estate
0.11% 0.00% 99.16% 94.13%

Stock Geographic Breakdown

Weighting Return Low Return High FBLAX % Rank
US
44.74% 0.00% 96.26% 64.76%
Non US
6.17% 0.00% 69.93% 65.04%

Bond Sector Breakdown

Weighting Return Low Return High FBLAX % Rank
Corporate
86.25% 0.00% 98.59% 2.01%
Cash & Equivalents
4.90% 0.04% 100.00% 84.96%
Securitized
4.52% 0.00% 85.21% 80.52%
Government
4.29% 0.00% 97.87% 92.98%
Derivative
0.04% 0.00% 33.42% 34.67%
Municipal
0.00% 0.00% 24.11% 91.55%

Bond Geographic Breakdown

Weighting Return Low Return High FBLAX % Rank
US
23.72% -0.38% 70.02% 65.47%
Non US
3.20% -9.41% 97.27% 55.59%

FBLAX - Expenses

Operational Fees

FBLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.01% 14.81% 44.44%
Management Fee 0.55% 0.00% 2.00% 68.04%
12b-1 Fee 0.25% 0.00% 1.00% 49.64%
Administrative Fee 0.20% 0.01% 0.83% 86.81%

Sales Fees

FBLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.00% 5.75% 60.95%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FBLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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 Return Low Category Return High Rank in Category (%)
Turnover 64.69% 0.00% 484.00% 59.12%

FBLAX - Distributions

Dividend Yield Analysis

FBLAX Category Low Category High FBLAX % Rank
Dividend Yield 0.00% 0.00% 7.14% 81.82%

Dividend Distribution Analysis

FBLAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

FBLAX Category Low Category High FBLAX % Rank
Net Income Ratio 2.55% -1.95% 11.02% 8.61%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FBLAX - Fund Manager Analysis

Managers

Edward Perks


Start Date

Tenure

Tenure Rank

Jul 03, 2006

14.84

14.8%

Edward Perks is chief investment officer of Franklin Templeton Investment Solutions and president of Franklin Advisers, Inc. In this role, Mr. Perks has oversight of myriad multi-asset investment capabilities designed to meet client needs for specific investment solutions. Mr. Perks joined Franklin Templeton in 1992. Mr. Perks holds a B.A. in economics and political science from Yale University. He is a Chartered Financial Analyst (CFA) charterholder, a member of the CFA Institute, and the Security Analysts of San Francisco (SASF).

Todd Brighton


Start Date

Tenure

Tenure Rank

Mar 01, 2017

4.17

4.2%

Todd Brighton is a vice president, portfolio manager and research analyst for Franklin Templeton Multi-Asset Solutions. He is the lead manager of the Franklin Liberty US Low Volatility ETF. Mr. Brighton analyzes equity and equity-linked investments for the Core/Hybrid team and specializes in the development of volatility-based strategies. Mr. Brighton joined Franklin Templeton in 2000. He is a Chartered Financial Analyst (CFA) charterholder and a member of the CFA Institute and the CFA Society of San Francisco.

Brendan Circle


Start Date

Tenure

Tenure Rank

Mar 01, 2019

2.17

2.2%

Brendan Circle is a vice president, portfolio manager, and research analyst for Franklin Templeton Multi-Asset Solutions. In this role, Mr. Circle serves as a comanager of Franklin Income Fund and related portfolios, as well as Franklin Managed Income Fund. He also specializes in analyzing investment opportunities across the fixed income markets for the Multi-Asset Solutions team. Mr. Circle joined Franklin Templeton in 2014. Mr. Circle is a Chartered Financial Analyst (CFA) Charterholder, as well as a member of the CFA Institute and the CFA Society of San Francisco.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 37.36 6.09 1.33