What is a Franklin Income Fund?
Franklin Income Fund The fund seeks to maximize income, while maintaining prospects for capital appreciation, by investing in a diversified portfolio of stocks and bonds.
Are Franklin funds a good investment?
With around $1.5 trillion assets under management as of Dec 31, 2020, Franklin Templeton Investments is a well-known global investment management firm. Founded in 1947, Franklin Templeton Investments offers “exceptional asset management” to clients in more than 165 countries.
How does Franklin Templeton make money?
The fund was created in 1948 and has paid uninterrupted dividends for 60 years. The Franklin Income Fund is constructed primarily of dividend-paying stocks and bonds (2%).
Is Franklin Templeton FDIC insured?
Franklin Distributors, LLC. Member FINRA/SIPC. Prior to July 7, 2021, Franklin Templeton Distributors, Inc., and Legg Mason Investor Services, LLC served as mutual fund distributors for Franklin Templeton. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
What is fkinx Class A Franklin Income Fund?
FKINX Class A Franklin Income Fund Overview. The fund launched in August 1948. Parent company Franklin, founded in 1947, is a global asset management firm with investment offices in 35 countries. The firm’s assets are split almost equally between equities and fixed income.
Is ifkinx a good investment?
FKINX is not currently ranked. The fund follows a flexible, value-oriented investment philosophy seeking income and long-term capital appreciation potential by investing in dividend-paying stocks, convertible securities and bonds.
How has Franklin Income Fund performed over the years?
The fund has returned 26.36 percent over the past year, 7.76 percent over the past three years, 7.80 percent over the past five years and 6.95 percent over the past decade. Franklin Income Fund has an expense ratio of 0.60 percent.
What is frankfranklin income fund’s Expense ratio?
Franklin Income Fund has an expense ratio of 0.60 percent. The fund is exposed to the risk of the stock market via the equity portion of the portfolio. Additionally, the fund holds high-yielding bonds, which have a lower investment grade and risk of default.