LU0320765646
Franklin Income Fund SGD-Hedged (Dist.)

Multi-asset
US
SGD Cash
Distributing

Invest with

SGD Cash

Payout type

Distributing

Risk rating

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

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.

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.

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.

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.

Cost

Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.

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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Performance

Returns

NAV

Shows the total return of this distributing fund, which includes dividends paid out.

Total returns

Cumulative

Annualised

All Time

79.16%

YTD

2.60%

1 month

2.60%

6 month

7.14%

1 year

9.57%

3 year

16.50%

5 year

28.40%

10 year

67.93%

As of Jan 2026

Distributions

8.29%

Frequency

Monthly

02 Jan 2026

Risk metrics

Max drawdown

-41.40%As of Jan 2026

Volatility

11.17%As of Jan 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	2.6%	-	-	-	-	-	-	-	-	-	-	-
2025	8.1%	1.2%	1.6%	-1.5%	-1.9%	1.7%	2.5%	-0.1%	2.3%	0.4%	0.2%	0.9%	0.6%
2024	4.2%	-0.4%	-0.2%	2.4%	-2.0%	2.2%	-0.1%	3.0%	1.4%	1.4%	-1.7%	1.1%	-2.9%
2023	5.4%	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 more		5 of 20

Top Exposures

Holdings

Regions

Sectors

Exxon Mobil Corp	1.99%
PepsiCo Inc	1.68%
Chevron Corp	1.63%
United States Treasury Notes 4.5% (2033-11-15 Maturity)	1.62%
Procter & Gamble Co	1.39%
Merck & Co Inc	1.31%
Mizuho Markets Cayman LP 7.25% (2027-01-11 Maturity)	1.18%
Texas Instruments Inc	1.18%
The Home Depot Inc	1.18%
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 Corp	0.92%
Union Pacific Corp	0.87%

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$10.2B

As of 31 Dec 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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LU0320765646Franklin Income Fund SGD-Hedged (Dist.)

LU0320765646
Franklin Income Fund SGD-Hedged (Dist.)