FRIAX: Franklin Income Adv

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FRIAX Franklin Income Adv


Profile

FRIAX - Profile

Vitals

  • YTD Return -11.2%
  • 3 Yr Annualized Return -4.3%
  • 5 Yr Annualized Return -0.3%
  • Net Assets $65.5 B
  • Holdings in Top 10 14.6%

52 WEEK LOW AND HIGH

$2.07
$1.73
$2.34

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.47%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 43.63%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return -11.2%
  • 3 Yr Annualized Total Return -2.0%
  • 5 Yr Annualized Total Return 3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.17%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin Income Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Dec 31, 1996
  • Shares Outstanding
    4751493956
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Edward Perks

Fund Description

The fund invests in a diversified portfolio of debt and equity securities. The equity securities in which the fund invests consist primarily of common stocks. Debt securities include all varieties of fixed, floating and variable rate instruments, including secured and unsecured bonds, bonds convertible into common stock, senior floating rate and term loans, mortgage-backed securities and other asset-backed securities, debentures, and shorter term instruments. It may invest up to 100% of its total assets in debt securities that are rated below investment grade.


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Categories

Performance

FRIAX - Performance

Return Ranking - Trailing

Period FRIAX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.2% -29.0% 5.2% 81.88%
1 Yr -9.6% -26.5% 6.8% 74.84%
3 Yr -4.3%* -12.1% 2.2% 68.42%
5 Yr -0.3%* -6.1% 3.0% 60.17%
10 Yr -0.1%* -3.9% 3.9% 70.27%

* Annualized

Return Ranking - Calendar

Period FRIAX Return Category Return Low Category Return High Rank in Category (%)
2019 9.9% -3.0% 21.6% 42.67%
2018 -10.2% -23.1% -4.0% 50.00%
2017 3.1% -12.4% 13.7% 80.00%
2016 10.1% -3.4% 10.2% 1.60%
2015 -12.6% -16.1% -0.7% 92.98%

Total Return Ranking - Trailing

Period FRIAX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.2% -29.0% 5.2% 81.88%
1 Yr -9.6% -26.5% 7.2% 74.84%
3 Yr -2.0%* -10.1% 4.3% 67.67%
5 Yr 3.4%* -6.1% 6.8% 24.58%
10 Yr 4.8%* -2.2% 7.9% 33.78%

* Annualized

Total Return Ranking - Calendar

Period FRIAX Return Category Return Low Category Return High Rank in Category (%)
2019 10.9% -3.0% 21.6% 38.00%
2018 -5.7% -23.1% -0.6% 38.24%
2017 8.6% 2.1% 16.5% 51.20%
2016 16.6% -1.6% 16.7% 1.60%
2015 -7.8% -16.1% 3.2% 85.96%

NAV & Total Return History


Holdings

FRIAX - Holdings

Concentration Analysis

FRIAX Category Low Category High FRIAX % Rank
Net Assets 65.5 B 971 K 65.5 B 1.25%
Number of Holdings 328 1 3360 50.63%
Net Assets in Top 10 9.5 B -97.3 M 9.5 B 1.25%
Weighting of Top 10 14.64% 9.0% 200.7% 78.00%

Top 10 Holdings

  1. Franklin IFT Money Market 2.15%
  2. Community Health Systems Incorporated 9.88% 1.78%
  3. Dominion Energy Inc 1.67%
  4. Southern Co 1.67%
  5. Chevron Corp 1.66%
  6. PepsiCo Inc 1.49%
  7. Verizon Communications Inc 1.45%
  8. Duke Energy Corp 1.41%
  9. Tenet Healthcare Corporation 8.12% 1.40%
  10. Procter & Gamble Co 1.37%

Asset Allocation

Weighting Return Low Return High FRIAX % Rank
Bonds
39.70% -120.56% 89.33% 56.88%
Stocks
38.37% 0.00% 99.99% 35.00%
Preferred Stocks
12.86% 0.00% 21.57% 8.13%
Other
4.78% -2.41% 100.00% 16.25%
Cash
2.73% -35.85% 184.19% 65.00%
Convertible Bonds
1.57% 0.00% 10.99% 33.13%

Stock Sector Breakdown

Weighting Return Low Return High FRIAX % Rank
Utilities
18.92% 0.00% 42.33% 8.45%
Financial Services
13.69% 0.00% 82.19% 33.10%
Healthcare
13.17% 0.00% 100.00% 35.92%
Consumer Defense
12.98% 0.00% 30.85% 21.13%
Energy
11.06% 0.00% 20.12% 14.08%
Industrials
9.24% 0.00% 17.52% 36.62%
Communication Services
7.46% 0.00% 17.53% 35.92%
Technology
6.97% 0.00% 24.25% 61.27%
Basic Materials
4.34% 0.00% 15.75% 21.83%
Consumer Cyclical
1.54% 0.00% 14.56% 71.83%
Real Estate
0.64% 0.00% 51.66% 90.14%

Stock Geographic Breakdown

Weighting Return Low Return High FRIAX % Rank
US
31.46% -1.16% 99.99% 14.38%
Non US
6.91% 0.00% 47.40% 63.75%

Bond Sector Breakdown

Weighting Return Low Return High FRIAX % Rank
Corporate
76.73% 0.00% 96.37% 13.13%
Government
14.02% -132.75% 89.33% 68.75%
Cash & Equivalents
4.80% 2.02% 186.99% 73.13%
Securitized
4.45% 0.00% 45.06% 40.00%
Derivative
0.00% -0.51% 53.50% 73.13%
Municipal
0.00% 0.00% 4.79% 64.38%

Bond Geographic Breakdown

Weighting Return Low Return High FRIAX % Rank
US
38.10% -166.35% 69.74% 29.38%
Non US
1.60% 0.00% 58.65% 90.63%

Expenses

FRIAX - Expenses

Operational Fees

FRIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.09% 11.95% 93.46%
Management Fee 0.37% 0.00% 1.50% 13.77%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.03% 0.25% 52.78%

Sales Fees

FRIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.50% N/A

Trading Fees

FRIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

FRIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 43.63% 0.00% 349.00% 27.92%

Distributions

FRIAX - Distributions

Dividend Yield Analysis

FRIAX Category Low Category High FRIAX % Rank
Dividend Yield 0.00% 0.00% 0.88% 46.71%

Dividend Distribution Analysis

FRIAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

FRIAX Category Low Category High FRIAX % Rank
Net Income Ratio 4.17% -0.99% 5.22% 14.84%

Capital Gain Distribution Analysis

FRIAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FRIAX - Fund Manager Analysis

Managers

Edward Perks


Start Date

Tenure

Tenure Rank

May 01, 2002

18.35

18.4%

Edward Perks is chief investment officer of Franklin Templeton Multi-Asset 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

3.5

3.5%

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

Feb 01, 2019

1.58

1.6%

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
0.33 22.68 5.24 5.94