Franklin Income Fund Advisor Class: (MF: FRIAX)
(NASDAQ Mutual Funds) As of Apr 29, 2024 08:00 PM ET
$2.29 USD
+0.01 (0.44%)
Fund Description
The fund was incepted in August 1948 and is managed by Franklin Advisers. The objective of this fund is to maximize income while maintaining prospects for capital appreciation. The fund may invest up to 100% of total assets in debt securities that are rated below investment grade, but it is not currently expected that the fund invests more than 50% of its assets in these securities. Securities rated in the top four ratings categories by independent rating organizations such as Standard & Poor's Ratings Group (S&P ) and Moody's Investors Service, Inc. (Moody's) are considered investment grade. The fund generally invests in securities rated at least Caa by Moody's or CCC by S&P or unrated securities the fund's manager determines are comparable. The fund may invest up to 25% of its assets in foreign securities. The fund offers dividends monthly and capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Franklin Income Adv | FRIAX | NA | NA | 0.00 | 0.00 | 0.38 | 0.46 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Franklin Income A | FKINX | 2.32 | 8/31/1948 | 1.35 | 8.17 | 4.81 | 6.17 |
| Franklin Income Adv | FRIAX | 2.29 | 8/31/1948 | 1.36 | 7.90 | 4.84 | 6.27 |
| Franklin Income C | FCISX | 2.37 | 5/1/1995 | 1.21 | 7.00 | 4.17 | 5.60 |
| Franklin Income R | FISRX | 2.27 | 8/31/1948 | 1.30 | 7.49 | 4.37 | 5.72 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Franklin Income Adv | FRIAX | 0 | 0 | 0 | M |
Contact Information
| Family | Franklin |
| Address | One Franklin Parkway San Mateo, CA 94403 |
| Phone | 800 342-5236 |