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.
Fund Family Franklin Templeton Investments
Category Allocation--30% to 50% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FBFQX
Share Class Class R
Index Index is not available on Lipper Database
FBFQX had a total return of 11.91% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.31%.
