Franklin Income Fund R6 is a mutual fund that primarily aims to maximize income while maintaining potential for capital appreciation by investing in a diversified portfolio of both equity and debt securities. Its equity holdings consist mostly of common stocks, while its fixed income allocation includes various types of bonds such as government, corporate, convertible, and below-investment-grade instruments. The fund targets a moderate allocation strategy, typically holding between 50% and 70% of assets in equities, and is designed to balance the objectives of capital preservation and growth. The fund distributes income monthly, making it suitable for investors seeking regular cash flows. Notable sector exposures include government, healthcare, consumer defensive, and energy, with top holdings in U.S. Treasury securities and major corporations. With a large asset base and a low expense ratio, Franklin Income Fund R6 plays a significant role in the market for those looking for a managed solution that seeks both income generation and participation in long-term equity and bond market trends.