THE FREEDOM OF RETIREMENT INCOME

One of the most attractive aspects of retirement is the freedom to live life on your own terms. For many, this starts with figuring out how to generate income once the paychecks from work stop. Here’s a strategy to consider. Use an investment's income distributions to help with monthly living expenses while reinvesting any capital gains.

For more than 70 years, spanning multiple market cycles, Franklin Income Fund--Advisor Class (FRIAX) has paid uninterrupted dividends.Here's how the strategy would've worked for someone retiring about 20 years ago on December 31, 2000:2

For a retire
making

initial investment

Generated an
average income

of
$2,660

After 20 years
Ending December 30, 2020

Total income distributions paid
$638,409

+

Ending accountbalance of
$517,639


Click the envelopes below to see the income generated each month by this scenario.

THE ENVELOPE, PLEASE...

Income Distributions of a $500,000 Investment in Franklin Income Fund─Advisor Class
20-Year Period Ended December 31, 2020

Reveal all

 JanFebMarAprMayJunJulAugSeptOctNovDec
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020

Dividends will vary depending on the fund's income, and past distributions are not indicative of future trends.

Performance data represents past performance, which does not guarantee future results. Current performance may differ from the figures shown. A fund’s investment return and principal value will change with market conditions, and investors may have a gain or a loss when they sell their shares. Please view Franklin Income Fund’s most recent month-end performance.

The hypothetical scenario does not take into account federal, state or municipal taxes. If taxes were taken into account, the hypothetical values shown would have been lower.

Franklin Income Fund

Franklin Income Fund seeks to maximize income, while maintaining prospects for capital appreciation over the long term by:

Seeking undervalued securities unconstrained by asset classes or market cycles

Pursuing income across the capital structure of a company using stocks, convertible securities and bonds

Adjusting fund allocations without set proportions based on current market opportunities

Average Annual Total Returns (For Periods Ended March 31, 2021)

1-year3-year5-year10-yearSince Inception
(8/31/48)
Advisor Class (FRIAX)1 33.51% 7.95% 8.66% 6.66% 10.10%
Class A (FKIQX)3          
Without Sales Charge 32.87% 7.67% 8.50% 6.43% 10.00%
With 3.75% Initial Sales Charge 27.89% 6.31% 7.68% 6.03% 9.94%
Total Annual Operating Expenses
Advisor Class 0.47%
Class A 0.72%
30-Day Standardized Yield As of March 31 , 20214
Advisor Class 2.66%
Class A 2.31%

Performance data represents past performance, which does not guarantee future results. Current performance may differ from the figures shown. A fund’s investment return and principal value will change with market conditions, and investors may have a gain or a loss when they sell their shares. Please view Franklin Income Fund’s most recent month-end performance.

Advisor Class shares do not have sales charges or Rule 12b‐1 fees and are offered only to certain eligible investors as stated in the prospectus. The fund offers other share classes, subject to different fees and expenses that will affect their performance. Please see the fund’s prospectus for more information about fees and expenses.