Franklin Managed Income Fund (FBFQX)
| Fund Assets | 3.29B |
| Expense Ratio | 1.15% |
| Min. Investment | $1,000 |
| Turnover | 31.92% |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 5.36% |
| Dividend Growth | 27.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 28, 2025 |
| Previous Close | 12.70 |
| YTD Return | 3.50% |
| 1-Year Return | 2.93% |
| 5-Year Return | 29.04% |
| 52-Week Low | 11.80 |
| 52-Week High | 13.12 |
| Beta (5Y) | n/a |
| Holdings | 167 |
| Inception Date | Jul 3, 2006 |
About FBFQX
Franklin Managed Income Fund Class R is a balanced mutual fund designed to provide investors with both income and capital appreciation. The fund achieves this by maintaining a diversified portfolio that typically allocates at least 25% of its assets to fixed income securities—including bonds, notes, debentures, and money market instruments—and at least 25% to equity securities, with an emphasis on dividend-paying stocks and convertible instruments. The remaining assets may be flexibly distributed between these categories depending on market conditions. A notable feature is its managed distribution policy, aimed at delivering consistent monthly payouts to shareholders, with targeted annual payout rates generally ranging between 2.75% and 6.25%. The fund’s holdings span a variety of sectors and issuers, predominantly within the United States, and include both government and corporate debt as well as shares in major corporations such as Chevron, Exxon Mobil, and Johnson & Johnson. As part of Franklin Templeton Investments, the fund benefits from experienced management and robust research capabilities. With a moderate expense ratio and a minimum investment threshold, it serves as an option for investors seeking stable income and moderate growth through a blend of equity and fixed income exposure.
Performance
FBFQX had a total return of 2.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.48%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
18.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Government National Mortgage Association 5.5% | G2.MB0205 | 2.99% |
| U.S. Treasury Bond Stripped Principal Payment 0% | SP.0 08.15.54 | 1.98% |
| Exxon Mobil Corporation | XOM | 1.95% |
| Chevron Corporation | CVX | 1.95% |
| United States Treasury Bonds 4.75% | T.4.75 05.15.55 | 1.80% |
| Texas Instruments Incorporated | TXN | 1.72% |
| Government National Mortgage Association 6% | G2.MB0260 | 1.67% |
| United States Treasury Bills 0% | B.0 07.08.25 | 1.66% |
| Government National Mortgage Association 6% | G2.MB0206 | 1.51% |
| The Home Depot, Inc. | HD | 1.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 28, 2025 | $0.0452 | Jul 28, 2025 |
| Jun 25, 2025 | $0.0452 | Jun 25, 2025 |
| May 23, 2025 | $0.0452 | May 23, 2025 |
| Apr 25, 2025 | $0.0452 | Apr 25, 2025 |
| Mar 26, 2025 | $0.0452 | Mar 26, 2025 |
| Feb 25, 2025 | $0.0452 | Feb 25, 2025 |