FBLAX: Franklin Managed Income Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.
Not interested

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Franklin Balanced A

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

American Funds American Balanced Fund®

Fund

$32.36

-0.61%

$203.07 B

1.22%

$0.40

7.15%

0.58%

Vanguard Wellington™ Fund

Fund

$47.43

-0.80%

$118.44 B

1.83%

$0.88

6.92%

0.24%

Vanguard Balanced Index Fund

Fund

$46.23

-0.52%

$56.31 B

1.04%

$0.49

4.26%

0.18%

T. Rowe Price Capital Appreciation Fund

Fund

$36.84

-0.78%

$49.28 B

1.07%

$0.40

8.00%

0.70%

Fidelity® Balanced Fund

Fund

$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

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.