Franklin Income Fund

Frequently Asked Questions About FRIAX

What does FRIAX invest in?

The Franklin Income Fund allocates its capital across a varied mix of both fixed-income and equity instruments. Its exposure to equities is primarily achieved through holdings in common stocks. The fund's fixed-income component is exceptionally diverse, encompassing instruments with fixed, floating, or variable interest rates. This includes a broad range of debt types, such as secured and unsecured corporate bonds, bonds convertible into common stock, senior floating-rate and term loans, mortgage-backed securities, other asset-backed securities, debentures, and shorter-term notes. Notably, the fund has the flexibility to invest up to 100% of its total assets in debt securities rated below investment grade.

What is the expense ratio of FRIAX?

Franklin Income Fund (FRIAX) charges an expense ratio of 0.46%. This is the annual fee deducted from fund assets to cover management and operations.

What is FRIAX's dividend yield?

FRIAX's trailing-twelve-month yield is 5.67%, calculated from the sum of dividends over the past year divided by the current price.

How big is FRIAX?

Franklin Income Fund (FRIAX) manages $80.16B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FRIAX actively managed or an index fund?

FRIAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FRIAX launched?

Franklin Income Fund (FRIAX) launched in December 1996 and is managed by Franklin Templeton.