Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports

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
(08-01-2025)
$11.91
Change
-$0.06 (-0.51%)

As at June 30, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jul 2022Oct 2023Jan 2025Oct 2022Jan 2023Apr 2023Jul 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025Apr 2…$10,000$12,000$14,000$11,000$13,000Period

Legend

Franklin U.S. Monthly Income Fund Series A

Compare Options


Fund Returns

Inception Return (January 25, 2019): 6.23%

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 1.61% -3.42% -0.88% -0.88% 6.70% 7.96% 7.83% 6.09% 7.28% 5.96% - - - -
Benchmark 2.53% 2.76% 3.35% 3.35% 12.62% 13.35% 12.58% 5.72% 6.67% 6.88% 6.64% 6.83% 7.12% 7.01%
Category Average 1.87% 2.93% 3.65% 3.65% 10.26% 10.24% 9.45% 4.13% 6.33% 5.50% 5.32% 5.21% 5.52% 4.98%
Category Rank 1,260 / 1,785 1,739 / 1,739 1,714 / 1,737 1,714 / 1,737 1,614 / 1,718 1,505 / 1,650 1,386 / 1,590 251 / 1,446 437 / 1,320 594 / 1,263 - - - -
Quartile Ranking 3 4 4 4 4 4 4 1 2 2 - - - -

Monthly Return

Created with Highcharts 10.3.3-8%-6%-4%-2%0%2%4%6%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 3.97% -0.88% 1.70% 1.41% 2.12% -0.81% 2.64% 1.61% -1.60% -6.03% 1.16% 1.61%
Benchmark 3.28% -0.07% 2.25% 0.21% 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47% 2.53%

Best Monthly Return Since Inception

5.66% (November 2020)

Worst Monthly Return Since Inception

-6.03% (April 2025)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - 1.87% 12.64% 2.16% 3.83% 13.51%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53% 12.15%
Quartile Ranking - - - - - 4 1 1 4 2
Category Rank - - - - - 1,243/ 1,294 235/ 1,380 16/ 1,522 1,618/ 1,629 803/ 1,682

Best Calendar Return (Last 10 years)

13.51% (2024)

Worst Calendar Return (Last 10 years)

1.87% (2020)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 42.21
US Equity 33.10
Cash and Equivalents 8.92
Foreign Government Bonds 6.69
Mortgages 5.45
Other 3.63

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 54.85
Cash and Cash Equivalent 8.92
Healthcare 6.27
Consumer Goods 5.95
Energy 4.84
Other 19.17

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.91
Europe 2.54
Other 0.55

Top Holdings

Top Holdings
Name Percent
United States Treasury 4.50% 15-Nov-2033 2.43
Johnson & Johnson 1.93
CHS/Community Health Systm Inc 10.88% 15-Jan-2032 1.89
Exxon Mobil Corp 1.63
Procter & Gamble Co 1.51
Chevron Corp 1.45
BOEING CO/THE 6% CNV PFD 6.00% 5//20/10/1 1.43
PepsiCo Inc 1.40
Federal Home Loan Banks 02-Jun-2025 1.39
Merck & Co Inc 1.36

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return012345678910111213140%5%10%15%20%

Franklin U.S. Monthly Income Fund Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 6.91% 6.78% -
Beta 0.72% 0.65% -
Alpha -0.01% 0.03% -
Rsquared 0.67% 0.59% -
Sharpe 0.55% 0.70% -
Sortino 1.03% 0.98% -
Treynor 0.05% 0.07% -
Tax Efficiency 80.29% 80.50% -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.05% 6.91% 6.78% -
Beta 1.15% 0.72% 0.65% -
Alpha -0.07% -0.01% 0.03% -
Rsquared 0.71% 0.67% 0.59% -
Sharpe 0.39% 0.55% 0.70% -
Sortino 0.58% 1.03% 0.98% -
Treynor 0.03% 0.05% 0.07% -
Tax Efficiency 79.44% 80.29% 80.50% -

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) $393

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 Management

Portfolio Manager

Franklin Advisers, Inc.

  • Edward D. Perks
  • Todd Brighton
  • Brendan Circle
Sub-Advisor

Franklin Advisers, Inc.

Management and Organization

Fund Manager

Franklin Templeton Investments Corp.

Custodian

JPMorgan Chase Bank

Registrar

Franklin Templeton Investments Corp.

Distributor

Franklin Templeton Investments Corp.

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) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports