About FBMCX
Franklin Managed Income Fund Class C is a mutual fund designed to provide investors with a reliable stream of income through fixed monthly distributions, while also maintaining the potential for capital appreciation. The fund employs a balanced investment strategy, allocating its portfolio across a mix of dividend-paying stocks, convertible securities, and a substantial portion—typically at least 25%—in fixed income instruments such as government bonds and corporate debt. This diversification aims to mitigate risk and adapt to changing market conditions, supporting both income generation and relative capital stability.
Franklin Managed Income Fund Class C targets investors seeking consistent cash flow, as it distributes income monthly, and seeks to preserve capital over the long term. The fund’s holdings span across sectors, with notable positions in U.S. Treasuries, government-backed mortgage securities, and shares of prominent companies such as Chevron, Exxon Mobil, and Johnson & Johnson. Managed actively, the fund continually reallocates assets to balance income objectives with growth opportunities, making it a significant option for those focused on income and diversification within the broader mutual fund market.
Fund Family Franklin Templeton Investments
Category Allocation--30% to 50% Equity
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FBMCX
Share Class Class C
Index Index is not available on Lipper Database
FBMCX had a total return of 10.59% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.73%.
