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
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Product Highlight Sheet
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Prospectus
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Factsheet
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Our perspective
Why we think this fund is best-in-class
product
Product
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.
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people
People
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.
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performance
Performance
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.
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process
Process
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.
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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
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.
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Invest in this fund
Performance
Shows the total return of this distributing fund, which includes dividends paid out.
All Time
​
Total returns
All Time
81.80%
YTD
4.11%
1 month
1.47%
6 month
6.26%
1 year
9.40%
3 year
21.01%
5 year
26.57%
10 year
70.38%
As of Feb 2026
Distributions
8.23%
Frequency
Monthly
02 Mar 2026
Risk metrics
Max drawdown
-41.40%As of Feb 2026
Volatility
11.14%As of Feb 2026
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2026-2.6%1.5%----------
20258.1%1.2%1.6%-1.5%-1.9%1.7%2.5%-0.1%2.3%0.4%0.2%0.9%0.6%
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%
Load more5 of 20
Top Exposures
Exxon Mobil Corp1.99%
PepsiCo Inc1.68%
Chevron Corp1.63%
United States Treasury Notes 4.5% (2033-11-15 Maturity)1.62%
Procter & Gamble Co1.39%
Merck & Co Inc1.31%
Mizuho Markets Cayman LP 7.25% (2027-01-11 Maturity)1.18%
Texas Instruments Inc1.18%
The Home Depot Inc1.18%
Citigroup Global Markets Holdings Inc. 8% (2026-10-28 Maturity)1.17%
Barclays Bank plc 8.5% (2026-12-16 Maturity)1.11%
CHS/Community Health Systems Inc 10.875% (2032-01-15 Maturity)1.00%
Federal Home Loan Banks 0% (2026-01-02 Maturity)0.99%
Lockheed Martin Corp0.92%
Union Pacific Corp0.87%
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$14.2B
As of 13 Mar 2026
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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