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Franklin U.S. Monthly Income Fund Series A

Global Neutral Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022

Click for more information on Fundata’s FundGrade

NAVPS
(12-06-2024)
$12.30
Change
$0.09 (0.76%)

As at October 31, 2024

As at September 30, 2024

Period
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Legend

Franklin U.S. Monthly Income Fund Series A

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Fund Returns

Inception Return (January 25, 2019): 6.89%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 1.41% 2.22% 8.25% 12.05% 17.91% 9.06% 7.37% 8.99% 6.80% - - - - -
Benchmark 0.21% 2.39% 9.50% 14.01% 22.16% 14.87% 4.91% 6.20% 6.36% 7.25% 6.28% 6.58% 6.60% 7.43%
Category Average -0.44% 1.92% 7.82% 10.43% 19.47% 11.21% 3.06% 6.10% 5.22% 5.85% 4.75% 5.15% 5.03% 4.93%
Category Rank 41 / 1,718 627 / 1,716 727 / 1,693 559 / 1,682 1,316 / 1,671 1,481 / 1,621 40 / 1,484 125 / 1,348 264 / 1,274 - - - - -
Quartile Ranking 1 2 2 2 4 4 1 1 1 - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 3.31% 1.86% 1.03% 0.70% 2.25% -0.50% 1.45% 0.40% 3.97% -0.88% 1.70% 1.41%
Benchmark 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79% 3.28% -0.07% 2.25% 0.21%

Best Monthly Return Since Inception

5.66% (November 2020)

Worst Monthly Return Since Inception

-5.11% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 1.87% 12.64% 2.16% 3.83%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking - - - - - - 4 1 1 4
Category Rank - - - - - - 1,235/ 1,291 232/ 1,374 16/ 1,511 1,619/ 1,629

Best Calendar Return (Last 10 years)

12.64% (2021)

Worst Calendar Return (Last 10 years)

1.87% (2020)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 52.81
US Equity 29.08
Foreign Government Bonds 8.79
Cash and Equivalents 4.06
International Equity 2.38
Other 2.88

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 64.48
Healthcare 5.36
Energy 4.46
Cash and Cash Equivalent 4.06
Utilities 3.24
Other 18.40

Geographic Allocation

Geographic Allocation
Name Percent
North America 87.18
Europe 2.39
Multi-National 0.22
Other 10.21

Top Holdings

Top Holdings
Name Percent
United States Treasury 3.88% 15-Aug-2033 3.78
Johnson & Johnson 1.88
Chevron Corp 1.71
CASH 1.70
Exxon Mobil Corp 1.59
United States Treasury 4.13% 15-Aug-2053 1.54
CHS/Community Health Systm Inc 10.88% 15-Jan-2032 1.49
Tenet Healthcare Corp 6.13% 15-Jun-2030 1.38
PepsiCo Inc 1.32
Home Depot Inc 1.10

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Franklin U.S. Monthly Income Fund Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 6.33% 6.95% -
Beta 0.56% 0.67% -
Alpha 0.04% 0.02% -
Rsquared 0.65% 0.64% -
Sharpe 0.61% 0.66% -
Sortino 1.12% 0.88% -
Treynor 0.07% 0.07% -
Tax Efficiency 80.22% - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.86% 6.33% 6.95% -
Beta 0.62% 0.56% 0.67% -
Alpha 0.04% 0.04% 0.02% -
Rsquared 0.58% 0.65% 0.64% -
Sharpe 2.48% 0.61% 0.66% -
Sortino 10.11% 1.12% 0.88% -
Treynor 0.19% 0.07% 0.07% -
Tax Efficiency 92.98% 80.22% - -

Fund Details

Start Date January 25, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $358

Fund Codes

FundServ Code Load Code Sales Status
TML5517
TML5518
TML5519

Investment Objectives

Maximize income while maintaining prospects for long-term capital appreciation by investing primarily in a diversified portfolio of debt and equity securities issued in the U.S. The fundamental investment objective may only be changed with the approval of a majority of the votes cast at a meeting of the Fund’s investors called for that purpose.

Investment Strategy

The portfolio advisor employs fundamental analysis in selecting investments for the Fund’s portfolio. The portfolio advisor may, from time to time, concentrate the Fund’s investments in a particular sector. The Fund may invest up to 25% of its assets in securities of non-U.S. issuers. The Fund may invest in debt instruments, including fixed-income and floating-rate instruments, government and corporate bonds, inflation-linked bonds, ABS and MBS, corporate loans and convertible securities.

Portfolio Manager(s)

Name Start Date
Todd Brighton 12-08-2020
Edward D. Perks 12-08-2020
Brendan Circle 12-08-2020

Management and Organization

Fund Manager Franklin Templeton Investments Corp.
Advisor Franklin Advisers, Inc.
Custodian JPMorgan Chase Bank
Registrar Franklin Templeton Investments Corp.
Distributor Franklin Templeton Investments Corp.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.07%
Management Fee 1.70%
Load Choice of Front or No Load
FE Max 6.00%
DSC Max 6.00%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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