Franklin Managed Income Fund (FBFQX)
| Fund Assets | 3.35B |
| Expense Ratio | 1.15% |
| Min. Investment | $1,000 |
| Turnover | 31.92% |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 5.32% |
| Dividend Growth | 26.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 25, 2025 |
| Previous Close | 12.86 |
| YTD Return | 4.72% |
| 1-Year Return | 1.05% |
| 5-Year Return | 32.93% |
| 52-Week Low | 11.80 |
| 52-Week High | 13.12 |
| Beta (5Y) | n/a |
| Holdings | 166 |
| 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 1.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.54%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
18.57% of assets| Name | Symbol | Weight |
|---|---|---|
| GNMA II, Single-family, 30 Year | G2.MB0205 | 2.99% |
| Chevron Corporation | CVX | 2.08% |
| Exxon Mobil Corporation | XOM | 2.04% |
| United States of America - U.S. Treasury Bonds | SP.0 08.15.54 | 1.96% |
| United States of America - U.S. Treasury Bonds | T.4.75 05.15.55 | 1.79% |
| GNMA II, Single-family, 30 Year | G2.MB0260 | 1.68% |
| GNMA II, Single-family, 30 Year | G2.MB0206 | 1.52% |
| Texas Instruments Incorporated | TXN | 1.51% |
| The Home Depot, Inc. | HD | 1.51% |
| Johnson & Johnson | JNJ | 1.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2025 | $0.0452 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0452 | Aug 26, 2025 |
| 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 |