LU0320765646
Franklin Income Fund SGD-Hedged (Dist.)

  • Multi-asset
  • US
  • SGD Cash
  • Distributing
Invest with
SGD Cash
Payout type
Distributing
Risk rating
4
About this fund
Description
The Fund aims to earn income and, secondarily, to increase the value of its investments over the medium to long term.
Key information
Annual report
Product Highlight Sheet
Prospectus
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
The fund utilises a multi-asset approach that allows for some capital appreciation while focusing on income generation through a combination of bonds (mostly high yield), large cap equities and equity-related securities (convertibles and equity-linked notes).Its objective is to balance income generation and portfolio risk by focusing on securities that are resilient in volatile markets.
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people
People
The fund is led by Edward Perks, the Franklin Income Investors CIO, who joined the strategy’s portfolio management team in 2002 and Franklin Templeton in 1992. Edward works closely with 2 other portfolio managers with over 10 years of experience.They are supported by over 250 investment specialists across the research teams. The equity and fixed income research teams are organised by sectors where analysts operate as specialists.
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performance
Performance
The strategy has shown good upside capture while demonstrating its resilience in down markets like 2022 and 2011. Tactical shifts between fixed income and equity have been a key driver of the funds performance.
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process
Process
Initial top down approach incorporating the views from the Investment Strategy and Research Committee to determine the portfolio’s exposure to each asset class and sector.The PM team then reviews on a daily basis the output of the Research Teams: Investment Solutions, Equity Group and Fixed Income group. Each security is reviewed on its individual merits; the team is comfortable owning multiple investments in the capital structure of a given company.The team is valuation conscious and likes contrarian ideas while focusing on remaining as nimble as possible.
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cost
Cost
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
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selectionCriteria
How it fits in a portfolio
The fund is an alternative income option to pure fixed income or equity solutions. The fund’s emphasis on value-oriented securities and high yield fixed income offers a differentiated approach for investors looking for a multi-asset income strategy with little exposure to REITs or covered calls.Investors should note that the fund is US-focused and gets a significant portion of its income from the US market. The fund also has a value bias because of its focus on income and this may lead the strategy to underperform during strong bull markets. The fund may be suitable for those with specific income needs and should ideally be supplemented by non income related allocations.Updated as of 2023/03/15
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Invest in this fund
Performance
Shows the total return of this distributing fund, which includes dividends paid out.
Total returns
All Time
71.09%
YTD
5.87%
1 month
2.31%
6 month
2.95%
1 year
3.61%
3 year
16.92%
5 year
31.16%
10 year
49.88%
As of Aug 2025
Distributions
8.38%
02 Sep 2025
Risk metrics
Max drawdown
-41.40%As of Aug 2025
Volatility
11.28%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-1.2%1.6%-1.5%-1.9%1.7%2.5%-0.1%2.3%----
20244.2%-0.4%-0.2%2.4%-2.0%2.2%-0.1%3.0%1.4%1.4%-1.7%1.1%-2.9%
20235.4%4.4%-2.3%0.8%0.8%-2.9%2.0%1.7%-1.8%-2.9%-3.3%5.4%3.8%
2022-8.2%0.1%-1.4%1.2%-4.5%1.3%-6.8%3.8%-2.4%-6.4%4.2%5.0%-1.8%
202113.8%-1.0%2.9%4.2%1.6%1.4%-0.3%0.5%0.9%-2.0%2.7%-2.0%4.5%
Top Exposures
Community Health Systems Incorporated3.16%
Merrill Lynch B.V.3.02%
United States Treasury Notes2.92%
Government National Mortgage Association2.64%
Federal Home Loan Mortgage Corp.2.44%
Mizuho Markets Cayman LP2.36%
Barclays Bk Pfd2.20%
Wells Fargo Bank, National Association2.14%
United States Treasury Bonds2.08%
Citigroup Global Markets Holdings Inc.1.98%
BNP Paribas Issuance BV1.85%
Exxon Mobil Corp1.67%
Federal Home Loan Banks1.66%
PepsiCo Inc1.45%
Tenet Healthcare Corporation1.45%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
1.69%1.02% p.a.
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Fund facts
ISIN
LU0320765646
Fund house
Franklin Templeton
Fund size
S$9.4B
As of 31 Aug 2025
Fund inception date
25 Oct 2007
Fund class currency
SGD
Fund share class
SGD H1
Oldest share class ISIN
LU0098860793
Oldest share inception date
01 Jul 1999
Pricing frequency
Daily

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