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Franklin Balanced Fund

Fund Category: HybridGo to Prices & Performance page
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Symbol FBLAX
CUSIP 353 612 682
Fund Number 424
Inception Date1 Jul 03, 2006
Distributions Monthly
Total Net Assets
(all share classes)
As of 10/31/2015

As of  11/27/2015

NAV2 $11.30  
NAV Change $0.01  
POP3 $11.99  
YTD Total Return at NAV -0.96%
Distribution Rate at NAV 3.19%
30-day Standardized Yield4 w/ Waiver w/o Waiver
As of 10/31/2015
(updated monthly)
2.38% 2.37%

Average Annual Total Returns
As of Quarter End 09/30/2015

w/ Sales Charge w/o Sales Charge
1 Yr -10.17% -4.71%
5 Yrs 6.02% 7.29%
10 Yrs
Life 4.65% 5.32%

Expense Ratio and Sales Charge As of 03/01/2015 (updated annually)

Gross Expense Ratio5 1.09%
Net Expense Ratio 1.09%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.30%

Fund Description

Strategy Statement
Portfolio Managers
Edward Perks
"By combining the growth potential of stocks with the income exposure of bonds, we believe the fund could be attractive as a solid core holding in an investor's portfolio."

Edward D. Perks, CFA®
Joined Franklin Templeton in 1992
Managed Fund Since 2006

Strategy, Benefits, Results


  • Diversify Holdings. We aim to create a diversified portfolio of stocks, fixed income securities and convertible securities.
  • Research and Evaluate. We conduct a bottom-up assessment of a company's security price relative to our evaluation of its long-term earnings and cash flow potential, asset value and profit margins.
  • Find the Right Mix. We actively seek an optimal mix of equity and fixed income investments by evaluating changing economic, market and industry conditions.


  • Experienced management team culled from both Franklin Equity Group and Franklin Templeton Fixed Income Group®.
  • Broad diversification spread across multiple asset classes.


Hypothetical $10K Investment

Hypothetical $10K Investment

Investing in the Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • The fund’s share price and yield will be affected by interest rate movements.
  • Bond prices generally move in the opposite direction of interest rates. As the prices of bonds in the fund adjust to a rise in interest rates, the fund’s share price may decline.
  • Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions.
  • These and other risk considerations are described more fully in the prospectus.

Minimum Investment


How Financial Advisors Help You

Speak to your financial advisor about whether this fund is appropriate for you. If you don't have a financial advisor, request a referral.

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Important Legal Information


For US residents only.