Effective 3/1/19, Franklin Balanced Fund repositioned to become an income strategy. The fund changed its name to Franklin Managed Income Fund, as well as its dividend policy, investment management fees and primary benchmark. Please see the prospectus supplement for more information. If you have questions, please contact your financial professional or call Shareholder Services.
Beginning on 10/19/18, Class C shares held for 10 years or more will automatically convert to Class A shares. Thereafter, Class C shares held for 10 years or more will automatically convert to Class A shares on a monthly basis. This conversion allows shareholders to take advantage of the lower expenses offered by Class A shares. Please see the prospectus supplement for more information. If you have any questions, please contact your financial professional or call Franklin Templeton.
Effective 9/10/18, certain sales charges and commissions paid to dealers on Class A and A1 shares of our mutual funds changed. Please see the prospectus supplement for more information. If you have additional questions, please contact your financial professional or call Franklin Templeton.
Dividend Distributions Further Information This fund is an ex-Dividend fund |
|
---|---|
Capital Gain Distributions |
|
Distribution rate As of 01/19/2021 (updated daily) | |
---|---|
With Sales Charge |
|
At Net Asset Value |
|
30-Day Standardized yield As of 12/31/2020 (updated monthly) | |
---|---|
w/ Waiver |
|
w/o Waiver |
|
Read important information about results and other investment disclosures
Distribution amounts may be estimates Further Information
Month | Amount ($) | Record Date | Ex-Date | Payable Date | Reinvestment Date | Reinvestment Price ($) |
---|---|---|---|---|---|---|
January 2021 | ||||||
Income Distribution | 0.043200 | Jan 14 | Jan 15 | Jan 15 | Jan 15 | 12.90 |
Total Distributions Per Share | 0.043200 | Jan 14 | Jan 15 | Jan 15 | Jan 15 | 12.90 |
December 2020 | ||||||
Income Distribution | 0.042900 | Dec 14 | Dec 15 | Dec 15 | Dec 15 | 12.62 |
Long-Term Capital Gain | 0.086000 | Dec 14 | Dec 15 | Dec 15 | Dec 15 | 12.62 |
Total Distributions Per Share | 0.128900 | Dec 14 | Dec 15 | Dec 15 | Dec 15 | 12.62 |
November 2020 | ||||||
Income Distribution | 0.042900 | Nov 13 | Nov 16 | Nov 16 | Nov 16 | 12.62 |
Total Distributions Per Share | 0.042900 | Nov 13 | Nov 16 | Nov 16 | Nov 16 | 12.62 |
October 2020 | ||||||
Income Distribution | 0.042900 | Oct 14 | Oct 15 | Oct 15 | Oct 15 | 12.08 |
Total Distributions Per Share | 0.042900 | Oct 14 | Oct 15 | Oct 15 | Oct 15 | 12.08 |
September 2020 | ||||||
Income Distribution | 0.042900 | Sep 14 | Sep 15 | Sep 15 | Sep 15 | 12.03 |
Total Distributions Per Share | 0.042900 | Sep 14 | Sep 15 | Sep 15 | Sep 15 | 12.03 |
August 2020 | ||||||
Income Distribution | 0.042900 | Aug 14 | Aug 17 | Aug 17 | Aug 17 | 12.12 |
Total Distributions Per Share | 0.042900 | Aug 14 | Aug 17 | Aug 17 | Aug 17 | 12.12 |
July 2020 | ||||||
Income Distribution | 0.042900 | Jul 14 | Jul 15 | Jul 15 | Jul 15 | 11.93 |
Total Distributions Per Share | 0.042900 | Jul 14 | Jul 15 | Jul 15 | Jul 15 | 11.93 |
June 2020 | ||||||
Income Distribution | 0.042900 | Jun 12 | Jun 15 | Jun 15 | Jun 15 | 11.82 |
Total Distributions Per Share | 0.042900 | Jun 12 | Jun 15 | Jun 15 | Jun 15 | 11.82 |
May 2020 | ||||||
Income Distribution | 0.042900 | May 14 | May 15 | May 15 | May 15 | 11.29 |
Total Distributions Per Share | 0.042900 | May 14 | May 15 | May 15 | May 15 | 11.29 |
April 2020 | ||||||
Income Distribution | 0.042900 | Apr 14 | Apr 15 | Apr 15 | Apr 15 | 11.32 |
Total Distributions Per Share | 0.042900 | Apr 14 | Apr 15 | Apr 15 | Apr 15 | 11.32 |
March 2020 | ||||||
Income Distribution | 0.042900 | Mar 13 | Mar 16 | Mar 16 | Mar 16 | 10.42 |
Total Distributions Per Share | 0.042900 | Mar 13 | Mar 16 | Mar 16 | Mar 16 | 10.42 |
February 2020 | ||||||
Income Distribution | 0.042900 | Feb 14 | Feb 18 | Feb 18 | Feb 18 | 12.64 |
Total Distributions Per Share | 0.042900 | Feb 14 | Feb 18 | Feb 18 | Feb 18 | 12.64 |
NAV (Net Asset Value) | |
---|---|
NAV Change | |
POP (Public Offering Price) |
NAV Highon |
|
---|---|
NAV Lowon |
Performance data represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares.
Effective 3/1/19, Franklin Balanced Fund repositioned to become an income strategy. The fund changed its name to Franklin Managed Income Fund, as well as its dividend policy, investment management fees and primary benchmark.
Managed Distribution Policy Risks - The Franklin Managed Income Fund is not guaranteed to achieve its investment goal of seeking to maximize income to support monthly distributions, while maintaining the prospects for capital appreciation. In addition, some of its distributions may be treated in part as a return of capital which will decrease shareholders' cost basis in the fund and affect the amount of any capital gain or loss that they realize when selling or exchanging fund shares. The annual payout rate may be adjusted higher or lower from year to year, and could vary substantially over time. It is possible for the fund to suffer substantial investment losses and simultaneously experience additional asset reductions as a result of its distributions to shareholders under the managed distribution policy. Investors who hold the fund within a tax-advantaged retirement account should consult their tax advisors to discuss tax consequences of receiving cash distributions. In addition, use of the fund or election of the option to receive distribution payments in cash may be restricted in certain retirement plans by the terms of the governing plan documents and/or the discretion of the plan administrator. Investors are strongly advised to consult with their financial professional for assistance before selecting the fund, based on their goals and personal situations, including time horizon, income needs, risk tolerance, and tax bracket. These and other risks are described more fully in the fund's prospectus.