About FBLAX
Franklin Managed Income Fund Class A is a moderate allocation mutual fund that seeks to maximize income to support monthly distributions while maintaining prospects for capital appreciation. The fund invests in a diversified portfolio, typically allocating at least 25% of assets to debt securities such as bonds, notes, and money market instruments, and at least 25% to equity securities, focusing primarily on dividend-paying common and preferred stocks. By combining these asset classes, the fund aims to balance income generation with growth potential, appealing to investors who desire steady, predictable monthly distributions. Noteworthy features include its broad exposure across sectors such as government, energy, healthcare, consumer cyclical, and technology, with prominent holdings in companies like Chevron, Exxon Mobil, Johnson & Johnson, and U.S. Treasury securities. The fund’s active management allows it to adapt allocations based on market changes, supporting its dual objectives. Positioned within the moderate allocation category, Franklin Managed Income Fund Class A plays a significant role for investors seeking both regular income and moderate capital growth through a diversified, multi-asset strategy.
Fund Family Franklin Templeton Investments
Category Allocation--30% to 50% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FBLAX
Index Index is not available on Lipper Database
FBLAX had a total return of 15.12% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.93%.
