Franklin Income A (FKINX) Fund

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Franklin Income A (FKINX) Fund is a balance mutual fund. This Franklin Templeton fund invests in stocks and bonds.

This next mutual fund has delivered a record of consistent dividend for the past 60 years. This fund is Franklin Income A fund. This fund is classified as conservative allocation balanced fund. More details on fund’s review can be found below.

Franklin Income A (MUTF: FKINX)

FKINX Fund Details
Franklin Income A (FKINX) Fund
Franklin Income A fund details
  • Fund Inception Date: 08/31/1948
  • Ticker Symbol:  FKINX (Share Class A)
  • CUSIP: 353496300
  • Beta (3yr): 1.04
  • Rank in category (YTD): 86%
  • Category: Conservative Allocation
  • Sales Load: 4.25%
  • Yield: 5.11%
  • Expense Fee: 0.61%
  • Assets: $82.9 billion
  • Number of Years Up: 50 years
  • Number of Years Down: 12 years
Updated on May 3, 2017

Charles B. Johnson (1957) and Edward D. Perks (2002) are the fund’s managers. As one the most popular balanced mutual fund, this conservative allocation currently has assets of $55 Billion.  It also has a 12b1 fee of 0.15% and a sales-load fee of 4.25%. The dividend yield of this fund is 7.07%. The last dividend distributed in October 2011 with $0.01. It also has an expense ratio is 0.65% per year. The fund’s annual turnover is 47% as of October 2011.

This hybrid fund is rated 3 stars by Morningstar. The fund has its best 1 year total return in 2009 (35.01%). The fund has returned 6.44% over the past 3 year, 1.60% over the past 5 year, and 6.4% over the past decade.

Please check with your brokerage about how to buy this conservative allocation balanced fund. The initial investment is $1000 for brokerage account and $250 for tax deferred account (IRA). You can also invest in other classes such as Class B (FBICX), Class B1 (FICBX), Class C (FCISX), Class R (FISRX), and Advisor Class (FRIAX). The share class advisor has 0.50% expense ratio and no sales load.
  • Year 2017: 3.48% (YTD)
  • Year 2016: 16.29%
  • Year 2015: -7.81%
  • Year 2014: 4.12%
  • Year 2013: 14.23%
According to the fund’s prospectus, the investment risks of this Franklin Templeton fund are High Yield bond risk, market risk, credit risk, interest rate risk, management risk, etc.

As of September 2011, the fund has 81 equities, 264 bonds, and 55 convertibles in its portfolio. The assets are diversified with 55% in bonds, 34% in stocks, 10% in convertibles, and 1% in cash. The top 6 sectors are corporate bonds (45.6%), utilities (11.05%), financials (9.37%), loans (7.72%), energy (6.67%), and health care (6.59%). The top 5 bond holdings are Energy Future Holding Corp, CIT Group Inc, First Data Corp, Freescale Semiconductor Inc, and HCA Inc. The top 5 stock holdings include Roche Holdings AG, Merck & Company Inc, Johnson & Johnson, Wells Fargo & Co, and BP Plc.

Disclosure: No Position

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