Franklin Managed Income Fund (FBFZX)
The fund invests in a diversified portfolio of stocks (substantially dividend paying) and debt securities. It normally invests at least 25% of its total assets in debt securities, including bonds, notes, debentures and money market securities. In addition, the fund normally invests at least 25% of its total assets in equity securities, primarily common and preferred stock.
Fund Info
US3536126580
Jul 2, 2006
$100,000
Large-Cap
Value
Expense Ratio
FBFZX features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Franklin Managed Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Franklin Managed Income Fund had a return of 2.10% year-to-date (YTD) and 7.25% in the last 12 months. Over the past 10 years, Franklin Managed Income Fund had an annualized return of 4.46%, while the S&P 500 had an annualized return of 11.29%, indicating that Franklin Managed Income Fund did not perform as well as the benchmark.
FBFZX
2.10%
0.96%
-0.25%
7.25%
4.29%
4.46%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of FBFZX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.13% | 2.10% | |||||||||||
| 2024 | -0.16% | -0.48% | 2.52% | -2.39% | 2.54% | 0.16% | 3.14% | 1.88% | 1.24% | -1.53% | 2.19% | -4.91% | 3.95% |
| 2023 | 3.70% | -2.80% | 1.65% | 0.89% | -2.27% | 1.91% | 1.72% | -1.62% | -3.32% | -2.76% | 6.29% | 4.85% | 7.93% |
| 2022 | -1.28% | -1.38% | 1.55% | -5.00% | 1.79% | -5.98% | 4.47% | -2.54% | -6.56% | 4.66% | 5.49% | -1.50% | -6.99% |
| 2021 | -0.55% | 2.08% | 4.16% | 2.13% | 1.71% | -0.13% | 1.11% | 0.74% | -1.72% | 2.68% | -1.87% | 0.67% | 11.39% |
| 2020 | -0.46% | -4.16% | -9.19% | 6.67% | 2.99% | -0.07% | 2.40% | 1.35% | -1.56% | -0.67% | 7.16% | 1.37% | 4.87% |
| 2019 | 4.64% | 2.19% | 1.21% | 1.61% | -1.94% | 3.35% | 0.70% | -0.01% | 1.49% | 1.17% | 1.23% | -2.34% | 13.92% |
| 2018 | 1.96% | -3.23% | -0.80% | 0.19% | 1.36% | -0.14% | 2.18% | 0.19% | -0.38% | -2.19% | 1.29% | -4.39% | -4.13% |
| 2017 | 0.61% | 2.21% | -0.15% | 0.18% | 0.18% | 0.11% | 1.52% | -0.14% | 2.17% | 0.59% | 0.84% | -0.27% | 8.09% |
| 2016 | -2.51% | 0.77% | 4.92% | 1.34% | 0.20% | 1.42% | 2.96% | 0.35% | -0.40% | -0.75% | 1.99% | 0.01% | 10.61% |
| 2015 | -0.83% | 3.38% | -1.22% | 1.04% | -0.14% | -2.68% | 0.37% | -3.89% | -1.71% | 5.94% | -0.59% | -1.88% | -2.56% |
| 2014 | -1.73% | 3.06% | 1.25% | 1.49% | 1.30% | 2.05% | -1.63% | 2.64% | -2.12% | 0.46% | 1.21% | -1.64% | 6.33% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FBFZX is 64, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Franklin Managed Income Fund (FBFZX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Franklin Managed Income Fund provided a 4.77% dividend yield over the last twelve months, with an annual payout of $0.60 per share. The fund has been increasing its distributions for 6 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.60 | $0.60 | $0.59 | $0.54 | $0.50 | $0.50 | $0.44 | $0.40 | $0.41 | $0.38 | $0.40 | $0.40 |
Dividend yield | 4.77% | 4.85% | 4.72% | 4.45% | 3.70% | 3.97% | 3.52% | 3.44% | 3.35% | 3.24% | 3.59% | 3.37% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Managed Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.05 | $0.00 | $0.05 | ||||||||||
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.60 |
| 2023 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.59 |
| 2022 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.54 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.50 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.50 |
| 2019 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.40 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 | $0.41 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.40 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Managed Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Franklin Managed Income Fund was 22.15%, occurring on Mar 20, 2020. Recovery took 167 trading sessions.
The current Franklin Managed Income Fund drawdown is 2.91%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.15% | Dec 16, 2019 | 66 | Mar 20, 2020 | 167 | Nov 16, 2020 | 233 |
| -16.47% | Nov 8, 2021 | 234 | Oct 12, 2022 | 366 | Mar 28, 2024 | 600 |
| -10.7% | Apr 29, 2015 | 184 | Jan 20, 2016 | 95 | Jun 6, 2016 | 279 |
| -9.61% | Jan 29, 2018 | 229 | Dec 24, 2018 | 53 | Mar 13, 2019 | 282 |
| -6.07% | May 22, 2013 | 23 | Jun 24, 2013 | 60 | Sep 18, 2013 | 83 |
Volatility
Volatility Chart
The current Franklin Managed Income Fund volatility is 1.85%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.