Franklin Balanced A
- FBLAX
- Price as of: Feb 23, 2021
-
$12.90
N/A N/A
- Primary Theme
- U.S. Balanced Allocation
- Fund Company
- Franklin Templeton
- Share Class
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
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
-
Primary Theme
U.S. Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--50% to 70% Equity
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%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFranklin Managed Income Fund
-
Fund Family NameFranklin Templeton Investments
-
Inception DateJul 03, 2006
-
Shares Outstanding246085808
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerEdward 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
- Franklin IFT Money Market 2.99%
- Txn 8.50% Eln Issued By Bnp Pa 2.75%
- Txn 8.50% Eln Issued By Bnp Pa 2.75%
- Txn 8.50% Eln Issued By Bnp Pa 2.75%
- Txn 8.50% Eln Issued By Bnp Pa 2.75%
- Txn 8.50% Eln Issued By Bnp Pa 2.75%
- Txn 8.50% Eln Issued By Bnp Pa 2.75%
- Txn 8.50% Eln Issued By Bnp Pa 2.75%
- Txn 8.50% Eln Issued By Bnp Pa 2.75%
- 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
Date | Amount |
---|---|
Mar 19, 2019 | $0.036 |
Feb 20, 2019 | $0.030 |
Jan 17, 2019 | $0.030 |
Nov 19, 2018 | $0.030 |
Oct 17, 2018 | $0.030 |
Sep 19, 2018 | $0.030 |
Aug 17, 2018 | $0.030 |
Jul 18, 2018 | $0.030 |
Jun 19, 2018 | $0.030 |
May 17, 2018 | $0.030 |
Apr 18, 2018 | $0.030 |
Mar 19, 2018 | $0.030 |
Feb 20, 2018 | $0.030 |
Jan 18, 2018 | $0.030 |
Dec 19, 2017 | $0.030 |
Nov 17, 2017 | $0.030 |
Oct 18, 2017 | $0.030 |
Sep 19, 2017 | $0.030 |
Aug 17, 2017 | $0.030 |
Jul 19, 2017 | $0.030 |
Jun 19, 2017 | $0.030 |
May 17, 2017 | $0.030 |
Apr 19, 2017 | $0.030 |
Mar 17, 2017 | $0.030 |
Feb 17, 2017 | $0.030 |
Jan 19, 2017 | $0.030 |
Nov 17, 2016 | $0.030 |
Oct 19, 2016 | $0.030 |
Sep 19, 2016 | $0.030 |
Aug 17, 2016 | $0.030 |
Jul 19, 2016 | $0.030 |
Jun 17, 2016 | $0.030 |
May 18, 2016 | $0.030 |
Apr 19, 2016 | $0.030 |
Mar 17, 2016 | $0.030 |
Feb 18, 2016 | $0.030 |
Jan 20, 2016 | $0.030 |
Dec 17, 2015 | $0.030 |
Nov 18, 2015 | $0.030 |
Oct 19, 2015 | $0.030 |
Sep 17, 2015 | $0.030 |
Aug 19, 2015 | $0.030 |
Jul 17, 2015 | $0.030 |
Jun 17, 2015 | $0.030 |
May 19, 2015 | $0.030 |
Apr 17, 2015 | $0.030 |
Mar 18, 2015 | $0.030 |
Feb 19, 2015 | $0.030 |
Jan 20, 2015 | $0.030 |
Nov 19, 2014 | $0.030 |
Oct 17, 2014 | $0.030 |
Sep 17, 2014 | $0.030 |
Aug 19, 2014 | $0.030 |
Jul 17, 2014 | $0.030 |
Jun 18, 2014 | $0.030 |
May 19, 2014 | $0.030 |
Apr 17, 2014 | $0.030 |
Mar 19, 2014 | $0.030 |
Feb 20, 2014 | $0.030 |
Jan 17, 2014 | $0.030 |
Dec 18, 2013 | $0.030 |
Nov 19, 2013 | $0.030 |
Oct 17, 2013 | $0.030 |
Sep 18, 2013 | $0.030 |
Aug 19, 2013 | $0.030 |
Jul 17, 2013 | $0.030 |
Jun 19, 2013 | $0.030 |
May 17, 2013 | $0.030 |
Apr 17, 2013 | $0.030 |
Mar 19, 2013 | $0.030 |
Feb 20, 2013 | $0.030 |
Jan 17, 2013 | $0.030 |
Nov 19, 2012 | $0.030 |
Oct 17, 2012 | $0.030 |
Sep 19, 2012 | $0.030 |
Aug 17, 2012 | $0.030 |
Jul 18, 2012 | $0.030 |
Jun 19, 2012 | $0.030 |
May 17, 2012 | $0.030 |
Apr 18, 2012 | $0.030 |
Mar 19, 2012 | $0.030 |
Feb 17, 2012 | $0.030 |
Jan 19, 2012 | $0.030 |
Nov 17, 2011 | $0.030 |
Oct 19, 2011 | $0.030 |
Sep 19, 2011 | $0.030 |
Aug 17, 2011 | $0.030 |
Jul 19, 2011 | $0.030 |
Jun 17, 2011 | $0.030 |
May 18, 2011 | $0.030 |
Apr 19, 2011 | $0.030 |
Mar 17, 2011 | $0.030 |
Feb 17, 2011 | $0.030 |
Jan 20, 2011 | $0.030 |
Dec 17, 2010 | $0.030 |
Nov 17, 2010 | $0.030 |
Oct 19, 2010 | $0.030 |
Sep 17, 2010 | $0.030 |
Aug 11, 2010 | $0.030 |
Jul 19, 2010 | $0.030 |
Jun 17, 2010 | $0.030 |
May 19, 2010 | $0.030 |
Apr 19, 2010 | $0.030 |
Mar 17, 2010 | $0.030 |
Feb 18, 2010 | $0.030 |
Jan 20, 2010 | $0.030 |
Dec 17, 2009 | $0.030 |
Nov 18, 2009 | $0.030 |
Oct 19, 2009 | $0.030 |
Sep 17, 2009 | $0.030 |
Aug 19, 2009 | $0.030 |
Jul 17, 2009 | $0.030 |
Jun 17, 2009 | $0.030 |
May 19, 2009 | $0.030 |
Apr 17, 2009 | $0.030 |
Mar 18, 2009 | $0.030 |
Feb 19, 2009 | $0.030 |
Jan 20, 2009 | $0.030 |
Dec 17, 2008 | $0.032 |
Nov 19, 2008 | $0.030 |
Oct 17, 2008 | $0.030 |
Sep 17, 2008 | $0.030 |
Aug 19, 2008 | $0.030 |
Jul 17, 2008 | $0.030 |
Jun 17, 2008 | $0.030 |
May 19, 2008 | $0.030 |
Apr 17, 2008 | $0.030 |
Mar 19, 2008 | $0.084 |
Dec 19, 2007 | $0.084 |
Sep 19, 2007 | $0.084 |
Jun 19, 2007 | $0.078 |
Mar 19, 2007 | $0.055 |
Dec 19, 2006 | $0.112 |
Sep 19, 2006 | $0.067 |
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 |