Franklin Income Fund (Dist.)(LU0098860793)
- Multi-asset
- US
- USD Cash
- Distributing
The Fund aims to earn income and, secondarily, to increase the value of its investments over the medium to long term.
Utilises a multi-asset approach combining high-yield bonds, large-cap equities, and equity-related securities to generate income and capital appreciation. Aims to balance income generation with risk management by prioritizing securities that demonstrate resilience in volatile market environments.
Led by Franklin Income Investors CIO Edward Perks, who has managed the strategy since 2002 and been with the firm since 1992. The lead manager is supported by two experienced portfolio managers and a broader team of over 250 investment specialists. Research functions are organized by sector, with analysts operating as specialists within dedicated Equity and Fixed Income groups.
Targets consistent upside capture while prioritizing capital preservation and resilience during market downturns. Returns are driven significantly by dynamic tactical shifts between fixed income and equity allocations. The strategy's defensive profile is structural, resulting from the use of equity-linked notes, a value and dividend bias in equities, and typically shorter duration positioning.
Begins with a top-down assessment by the Investment Strategy and Research Committee to determine strategic asset class and sector exposures. Portfolio managers integrate daily insights from specialized research teams to select securities based on fundamental valuation and individual merit. Employs a flexible, valuation-conscious approach that often seeks contrarian opportunities across a company's entire capital structure.
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
It serves as an alternative income solution distinct from pure fixed income or equity mandates, with minimal exposure to REITs or covered calls. The fund offers a multi-asset strategy with a specific emphasis on value-oriented equities and high-yield fixed income. Investors should note the fund's significant concentration in the US market and its structural value bias, which may lead to underperformance during strong growth-led bull markets.
Daily data. Returns as of 16 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 2.8% | 1.7% | -1.9% | 2.5% | 1.0% | -0.9% | 0.9% | 1.7% | - | - | - | - |
| 2025 | 10.9% | 1.4% | 1.7% | -1.3% | -1.8% | 2.0% | 2.6% | 0.1% | 2.6% | 0.7% | 0.4% | 1.3% | 0.7% |
| 2024 | 6.0% | -0.2% | -0.1% | 2.6% | -1.8% | 2.3% | 0.1% | 3.2% | 1.6% | 1.6% | -1.5% | 1.3% | -2.9% |
| 2023 | 7.0% | 4.6% | -2.3% | 0.9% | 1.0% | -2.8% | 2.0% | 1.9% | -1.7% | -2.7% | -3.1% | 5.5% | 4.1% |
| 2022 | -7.3% | 0.1% | -1.4% | 1.3% | -4.5% | 1.4% | -7.0% | 3.9% | -2.4% | -6.1% | 4.4% | 5.1% | -1.7% |
| Load more | 5 of 28 | ||||||||||||
| Procter & Gamble Co | 1.71% |
| Federal Home Loan Banks 0% (2026-08-03 Maturity) | 1.62% |
| The Home Depot Inc | 1.47% |
| PepsiCo Inc | 1.24% |
| United States Treasury Notes 4.5% (2033-11-15 Maturity) | 1.19% |
| ExxonMobil Holdings Corp | 1.15% |
| Wells Fargo Bank, National Association 8.5% (2027-03-03 Maturity) | 1.13% |
| Verizon Communications Inc | 1.04% |
| Southern Co | 1.02% |
| Citigroup Global Markets Holdings Inc. 8% (2026-10-28 Maturity) | 0.95% |
| Ubs Ag London Brh Pfd 8% (2027-07-14 Maturity) | 0.92% |
| Xom 8.0% Eln Issued By Royal Bank Of Canada 8.00% Eln 3/3/2027 (2027-03-03 Maturity) | 0.90% |
| Barclays Bank plc 8.5% (2026-12-16 Maturity) | 0.89% |
| United States Treasury Bonds 4.75% (2056-02-15 Maturity) | 0.88% |
| Mizuho Markets Cayman LP 7.25% (2027-01-11 Maturity) | 0.86% |
Disclaimer: ©2025 Morningstar. All Rights Reserved. The information contained here relating to a particular collective investment scheme: (1) is proprietary to Morningstar Research Pte. Limited and/or its content providers (“Information Provider(s)“) unless otherwise specified; and (2) may not be copied or distributed. Neither the Information Provider nor Endowus guarantee or endorse the accuracy, reliability, completeness or timeliness of the information, or are responsible for any damages or losses arising from any use of this information. Further, for technical reasons, certain information provided by Information Provider may be different from that supplied by the respective fund houses.
This website is for information purposes only and is not and should not be construed as an offer or the solicitation of an offer or a recommendation for the purchase or sale of any investment or subscribe for, or to participate in, any services. Any opinion or estimate above is made on a general basis and none of Endowus, nor any of its affiliates, representatives, or agents have given any consideration to nor have made any investigation of the objective, financial situation, or particular need of any user, reader, any specific person or group of persons. Opinions expressed herein are subject to change without notice. You should carefully consider whether any investment views and investment products/services are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances or seek financial advice via Endowus' platform.
Investment involves risk. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. Past performance is not an indicator nor a guarantee of future performance. Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.
You are responsible for downloads from this website. Endowus does not warrant that any downloads from this website will meet your needs or expectations, or be uninterrupted, secure, or error free or that any files available for downloading through this website are free of computer viruses or other harmful components. You alone are responsible for ensuring adequate protection and backup of data, software, computer, and other equipment is made and appropriate safeguard is in place to detect, prevent and eliminate computer viruses and other harmful effects. Neither Endowus nor the Information Provider will be responsible for any costs or expenses which may be incurred if your use of this website or if any downloads results in any servicing or replacement of property, material, equipment, or data.
This advertisement has not been reviewed by the Monetary Authority of Singapore.