FBLAX: Franklin Managed Income Fund - MutualFunds.com
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Franklin Balanced A

FBLAX - Snapshot

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return 5.5%
  • 5 Yr Annualized Return 8.5%
  • Net Assets $3.77 B
  • Holdings in Top 10 20.4%

52 WEEK LOW AND HIGH

$12.90
$9.88
$12.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.96%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 53.02%

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

$30.80

-0.07%

$182.32 B

1.30%

$0.40

1.99%

0.58%

Vanguard Wellington™ Fund

Fund

$45.05

0.00%

$110.11 B

2.04%

$0.92

1.56%

0.24%

Vanguard Balanced Index Fund

Fund

$45.21

-0.02%

$52.18 B

1.16%

$0.52

1.96%

0.18%

T. Rowe Price Capital Appreciation Fund

Fund

$34.60

+0.29%

$44.03 B

1.16%

$0.40

1.44%

0.70%

Fidelity® Balanced Fund

Fund

$29.21

-0.07%

$41.04 B

1.25%

$0.36

3.29%

0.52%

FBLAX - Profile

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 7.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.36%
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
    246085808
  • 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 2.1% -7.4% 26.6% 68.70%
1 Yr 5.2% -19.4% 53.5% 93.02%
3 Yr 5.5%* -2.4% 16.5% 74.89%
5 Yr 8.5%* 0.6% 20.8% 78.02%
10 Yr 7.1%* 1.4% 14.5% 74.62%

* Annualized

Return Ranking - Calendar

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
2020 0.6% -39.0% 56.4% 89.08%
2019 9.8% -5.8% 25.7% 85.00%
2018 -7.1% -52.1% 0.0% 7.87%
2017 4.4% -6.5% 32.7% 83.45%
2016 7.0% -43.7% 17.8% 10.30%

Total Return Ranking - Trailing

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -7.4% 26.6% 68.70%
1 Yr -0.6% -19.4% 53.5% 96.43%
3 Yr 3.5%* -2.4% 16.5% 89.86%
5 Yr 7.3%* 0.6% 20.8% 88.70%
10 Yr 6.5%* 1.4% 14.5% 82.52%

* Annualized

Total Return Ranking - Calendar

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
2020 0.6% -39.0% 56.4% 89.08%
2019 10.1% -5.8% 25.7% 83.28%
2018 -3.2% -47.9% 0.8% 6.10%
2017 9.5% -3.7% 56.2% 77.99%
2016 12.0% -43.7% 19.8% 4.09%

NAV & Total Return History

FBLAX - Holdings

Concentration Analysis

FBLAX Category Low Category High FBLAX % Rank
Net Assets 3.77 B 462 K 182 B 23.02%
Number of Holdings 141 2 14673 44.57%
Net Assets in Top 10 771 M 640 K 32.5 B 44.72%
Weighting of Top 10 20.38% 9.6% 100.0% 81.07%

Top 10 Holdings

  1. Franklin IFT Money Market 2.99%
  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 		48.84% 0.27% 138.94% 91.90%
Bonds 		29.84% -1.17% 106.21% 65.12%
Preferred Stocks 		15.63% -0.01% 25.13% 1.01%
Convertible Bonds 		3.10% 0.00% 26.69% 7.81%
Cash 		2.56% -69.19% 81.49% 68.31%
Other 		0.04% -2.63% 31.11% 40.23%

Stock Sector Breakdown

Weighting Return Low Return High FBLAX % Rank
Utilities 		23.02% 0.00% 100.00% 1.74%
Financial Services 		20.24% 0.00% 100.00% 10.13%
Healthcare 		15.31% 0.00% 46.72% 21.42%
Consumer Defense 		10.14% 0.00% 20.65% 16.50%
Industrials 		9.78% 0.00% 31.51% 54.70%
Energy 		9.10% 0.00% 90.89% 4.63%
Communication Services 		5.68% 0.00% 32.52% 92.04%
Basic Materials 		2.98% 0.00% 27.38% 72.21%
Technology 		2.02% 0.00% 53.70% 98.26%
Consumer Cyclical 		1.60% 0.00% 22.64% 96.24%
Real Estate 		0.12% 0.00% 99.68% 94.79%

Stock Geographic Breakdown

Weighting Return Low Return High FBLAX % Rank
US 		43.26% 0.26% 137.67% 64.25%
Non US 		5.58% 0.00% 36.41% 66.86%

Bond Sector Breakdown

Weighting Return Low Return High FBLAX % Rank
Corporate 		83.16% 0.00% 97.93% 2.03%
Cash & Equivalents 		5.97% 0.15% 100.00% 80.32%
Government 		5.83% 0.00% 99.64% 92.19%
Securitized 		5.04% 0.00% 76.91% 79.59%
Derivative 		0.00% 0.00% 33.91% 78.73%
Municipal 		0.00% 0.00% 22.44% 89.00%

Bond Geographic Breakdown

Weighting Return Low Return High FBLAX % Rank
US 		26.78% -1.17% 55.06% 59.77%
Non US 		3.06% -6.29% 80.10% 58.18%

FBLAX - Expenses

Operational Fees

FBLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.01% 4.93% 42.64%
Management Fee 0.56% 0.00% 1.75% 68.43%
12b-1 Fee 0.25% 0.00% 1.00% 40.43%
Administrative Fee 0.20% 0.01% 0.83% 84.44%

Sales Fees

FBLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.00% 5.75% 58.65%
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 53.02% 0.00% 484.00% 56.90%

FBLAX - Distributions

Dividend Yield Analysis

FBLAX Category Low Category High FBLAX % Rank
Dividend Yield 0.00% 0.00% 8.87% 65.29%

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 2.36% -1.51% 11.02% 9.35%

Capital Gain Distribution Analysis

FBLAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

FBLAX - Fund Manager Analysis

Managers

Edward Perks

Start Date

Tenure

Tenure Rank

Jul 03, 2006

14.59

14.6%

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

3.92

3.9%

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

1.92

1.9%

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
0.05 37.11 6.06 1.08

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