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Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Franklin Managed Income Fund

FBLAX | Fund

$12.12

$3.49 B

0.00%

0.91%

Vitals

YTD Return

-1.4%

1 yr return

2.6%

3 Yr Avg Return

1.7%

5 Yr Avg Return

5.2%

Net Assets

$3.49 B

Holdings in Top 10

14.6%

52 WEEK LOW AND HIGH

$12.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.91%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 39.64%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Franklin Managed Income Fund

FBLAX | Fund

$12.12

$3.49 B

0.00%

0.91%

FBLAX - Profile

Distributions

  • YTD Total Return -1.4%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 5.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.27%
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
    Aug 31, 2006
  • Shares Outstanding
    266533373
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Edward Perks

FBLAX - Performance

Return Ranking - Trailing

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.4% -2.1% 22.4% 99.72%
1 Yr 2.6% -10.7% 37.8% 97.48%
3 Yr 1.7%* -7.5% 7.9% 49.93%
5 Yr 5.2%* -4.7% 13.9% 75.83%
10 Yr 5.4%* 0.5% 10.6% 63.54%

* Annualized

Return Ranking - Calendar

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
2023 2.8% -12.2% 23.9% 92.69%
2022 -10.9% -34.7% 0.0% 6.99%
2021 7.3% -11.9% 18.1% 38.35%
2020 0.6% -20.9% 39.7% 89.49%
2019 9.8% 0.8% 25.7% 88.87%

Total Return Ranking - Trailing

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.4% -2.1% 22.4% 99.72%
1 Yr 2.6% -10.7% 37.8% 97.48%
3 Yr 1.7%* -7.5% 7.9% 49.93%
5 Yr 5.2%* -4.7% 13.9% 75.83%
10 Yr 5.4%* 0.5% 10.6% 63.54%

* Annualized

Total Return Ranking - Calendar

Period FBLAX Return Category Return Low Category Return High Rank in Category (%)
2023 7.6% -12.2% 26.8% 93.39%
2022 -7.2% -29.0% 10.9% 6.56%
2021 15.1% -3.0% 24.2% 26.84%
2020 5.4% -19.5% 40.6% 88.41%
2019 17.9% 4.4% 32.7% 73.45%

NAV & Total Return History

FBLAX - Holdings

Concentration Analysis

FBLAX Category Low Category High FBLAX % Rank
Net Assets 3.49 B 789 K 217 B 24.28%
Number of Holdings 209 2 15716 35.92%
Net Assets in Top 10 520 M 618 K 62.8 B 49.38%
Weighting of Top 10 14.55% 11.4% 121.1% 97.92%

Top 10 Holdings

  1. U.S. Treasury Bonds 2.41%
  2. Chevron Corp. 1.86%
  3. U.S. Treasury Notes 1.67%
  4. Texas Instruments, Inc. 1.57%
  5. Home Depot, Inc. (The) 1.48%
  6. AbbVie, Inc. 1.15%
  7. U.S. Treasury Notes 1.13%
  8. Morgan Stanley 1.10%
  9. JPMorgan Chase Co. 1.10%
  10. Analog Devices, Inc. 1.08%

Asset Allocation

Weighting Return Low Return High FBLAX % Rank
Bonds 		70.03% 0.00% 77.27% 1.94%
Stocks 		26.99% 0.00% 103.09% 92.79%
Cash 		1.80% -10.21% 100.00% 43.83%
Convertible Bonds 		0.97% 0.00% 23.84% 27.79%
Preferred Stocks 		0.52% 0.00% 23.88% 7.49%
Other 		0.46% -42.80% 117.44% 25.10%

Stock Sector Breakdown

Weighting Return Low Return High FBLAX % Rank
Utilities 		22.68% 0.00% 99.55% 2.38%
Healthcare 		16.48% 0.00% 29.35% 13.87%
Industrials 		12.63% 0.00% 24.37% 14.57%
Financial Services 		12.34% 0.00% 38.77% 81.09%
Technology 		8.03% 0.00% 44.21% 93.42%
Energy 		6.97% 0.00% 85.65% 22.97%
Basic Materials 		6.89% 0.00% 33.35% 6.72%
Consumer Defense 		6.71% 0.00% 15.14% 46.78%
Communication Services 		4.33% 0.00% 38.10% 91.60%
Consumer Cyclical 		2.77% 0.00% 19.36% 94.68%
Real Estate 		0.17% 0.00% 65.01% 94.26%

Stock Geographic Breakdown

Weighting Return Low Return High FBLAX % Rank
US 		26.99% 0.00% 103.09% 91.54%
Non US 		0.00% 0.00% 38.68% 97.23%

Bond Sector Breakdown

Weighting Return Low Return High FBLAX % Rank
Corporate 		81.66% 0.00% 98.21% 5.17%
Government 		11.35% 0.00% 97.26% 82.82%
Securitized 		0.98% 0.00% 92.13% 83.10%
Cash & Equivalents 		0.50% 0.00% 100.00% 64.77%
Derivative 		0.29% -3.07% 46.02% 6.80%
Municipal 		0.00% 0.00% 24.80% 98.60%

Bond Geographic Breakdown

Weighting Return Low Return High FBLAX % Rank
US 		70.03% 0.00% 77.27% 1.94%
Non US 		0.00% 0.00% 14.17% 97.23%

FBLAX - Expenses

Operational Fees

FBLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.91% 0.03% 17.63% 58.29%
Management Fee 0.55% 0.00% 1.83% 65.93%
12b-1 Fee 0.25% 0.00% 1.00% 54.19%
Administrative Fee 0.20% 0.01% 0.83% 88.48%

Sales Fees

FBLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.25% 5.75% 59.13%
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 0.00% 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 39.64% 0.00% 343.00% 48.96%

FBLAX - Distributions

Dividend Yield Analysis

FBLAX Category Low Category High FBLAX % Rank
Dividend Yield 0.00% 0.00% 18.11% 12.28%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FBLAX Category Low Category High FBLAX % Rank
Net Income Ratio 2.27% -2.34% 19.41% 11.58%

Capital Gain Distribution Analysis

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

Distributions History

View More +

FBLAX - Fund Manager Analysis

Managers

Edward Perks

Start Date

Tenure

Tenure Rank

Jul 03, 2006

15.92

15.9%

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

5.25

5.3%

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

3.25

3.3%

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
0.08 34.51 6.34 2.41

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