FBFZX Alternatives & Similar Mutual Funds

Franklin Managed Income Fund (FBFZX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FBFZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FBFZX

FBFZX charges 0.65% annually. There are 269 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FRGAX	Fidelity 70% Allocation Fund	0.02%	—	Jan 2022	FBFZX vs FRGAX
PALDX	PGIM 60/40 Allocation Fund	0.03%	—	Sep 2017	FBFZX vs PALDX
VBAIX	Vanguard Balanced Index Fund Institutional Shares	0.04%	63.70B	Dec 2000	FBFZX vs VBAIX
TSAIX	TIAA-CREF Lifestyle Aggressive Growth Fund	0.04%	—	Dec 2011	FBFZX vs TSAIX
FYMIX	Fidelity Sustainable Multi-Asset Fund	0.05%	—	Feb 2022	FBFZX vs FYMIX

Best Risk-Adjusted Alternatives to FBFZX

FBFZX has a PortfoliosLab risk / return rank of 90. There are 29 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	99	—	Nov 2003	FBFZX vs STDAX
TIBIX	Thornburg Investment Income Builder Fund Class I	98	—	Dec 2002	FBFZX vs TIBIX
NWQIX	Nuveen Flexible Income Fund	96	—	Dec 2009	FBFZX vs NWQIX
RPFCX	Davis Appreciation & Income Fund	95	—	Apr 1992	FBFZX vs RPFCX
FSRRX	Fidelity Strategic Real Return Fund	95	—	Sep 2005	FBFZX vs FSRRX

Top Performing FBFZX Alternatives (YTD)

FBFZX is at 6.66% YTD. There are 247 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.

Symbol	Name	YTD Return	AUM	Inception
EKBAX	Allspring Diversified Capital Builder Fund	29.12%	—	Jan 1998	FBFZX vs EKBAX
IOEZX	ICON Equity Income Fund	20.77%	—	May 2004	FBFZX vs IOEZX
TIBIX	Thornburg Investment Income Builder Fund Class I	17.74%	—	Dec 2002	FBFZX vs TIBIX
GRSPX	Greenspring Fund	16.72%	—	Jun 1983	FBFZX vs GRSPX
BRUFX	Bruce Fund	16.02%	—	Mar 1968	FBFZX vs BRUFX

Lowest Volatility Alternatives to FBFZX

FBFZX has 5.31% 1-year volatility. There are 59 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.

Symbol	Name	Volatility 1Y	AUM	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	0.86%	—	Nov 2003	FBFZX vs STDAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	2.81%	—	Nov 2003	FBFZX vs SICIX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	2.91%	—	Apr 2012	FBFZX vs SCLAX
AVEFX	Ave Maria Bond Fund	3.00%	—	Apr 2003	FBFZX vs AVEFX
CSTAX	American Funds College 2027 Fund	3.11%	—	Sep 2012	FBFZX vs CSTAX

Lowest Drawdown Alternatives to FBFZX

FBFZX has a 1-year max drawdown of -3.85%. There are 41 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	-0.36%	—	Nov 2003	FBFZX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	-2.32%	—	Apr 2012	FBFZX vs SCLAX
DGTSX	DFA Global Allocation 25/75 Portfolio	-2.64%	—	Dec 2003	FBFZX vs DGTSX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	-2.65%	—	Nov 2003	FBFZX vs SICIX
CSTAX	American Funds College 2027 Fund	-2.72%	—	Sep 2012	FBFZX vs CSTAX

Other Mutual Funds from BlackRock

The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories. AUM among these funds goes as high as $12B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ECAT	BlackRock ESG Capital Allocation Term Trust	Tactical Allocation, Derivative Income, ESG	29	10.45%	—	Sep 2021	FBFZX vs ECAT
WFSPX	iShares S&P 500 Index Fund Class K	S&P 500	63	9.34%	—	Jul 1993	FBFZX vs WFSPX
BDMIX	BlackRock Global Equity Market Neutral Fund Class ...	Equity Market Neutral	97	12.04%	—	Dec 2012	FBFZX vs BDMIX
LIVIX	BlackRock LifePath Index 2055 Fund - Institutional...	Target Retirement Date	70	11.03%	—	May 2011	FBFZX vs LIVIX
BDJ	BlackRock Enhanced Equity Dividend Trust	Derivative Income	64	8.08%	—	Aug 2005	FBFZX vs BDJ
BGSAX	BlackRock Technology Opportunities Fund Investor A	Technology Equities	30	22.08%	—	May 2000	FBFZX vs BGSAX
FAMRX	Fidelity Asset Manager 85% Fund	Diversified Portfolio	74	12.22%	—	Sep 1999	FBFZX vs FAMRX
BDMAX	BlackRock Global Equity Market Neutral Fund	Equity Market Neutral	97	11.82%	—	Dec 2012	FBFZX vs BDMAX
VTMSX	Vanguard Tax-Managed Small-Cap Fund Admiral Shares	Small Cap Blend Equities	84	21.93%	11.50B	Mar 1999	FBFZX vs VTMSX
BSIIX	BlackRock Strategic Income Opportunities Fund Clas...	Total Bond Market	64	1.03%	—	Feb 2008	FBFZX vs BSIIX

Often Compared With FBFZX

Investors most often compare FBFZX with BWBIX, VTCLX, AYBLX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BWBIX	Baron WealthBuilder Fund	Diversified Portfolio	13	0.78%	—	Dec 2017	FBFZX vs BWBIX
VTCLX	Vanguard Tax-Managed Capital Appreciation Fund Adm...	Large Cap Blend Equities	62	9.27%	29.90B	Sep 1994	FBFZX vs VTCLX
AYBLX	Pioneer Balanced ESG Fund	Diversified Portfolio	92	12.02%	—	Dec 1991	FBFZX vs AYBLX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	Diversified Portfolio, Municipal Bonds	72	4.40%	12.30B	Sep 1994	FBFZX vs VTMFX
ASFYX	Virtus AlphaSimplex Managed Futures Strategy Fund ...	Systematic Trend	66	9.56%	—	Jul 2010	FBFZX vs ASFYX
BLNDX	Standpoint Multi-Asset Fund Institutional	Diversified Portfolio	84	12.64%	—	Dec 2019	FBFZX vs BLNDX
FSRKX	Fidelity Strategic Real Return Fund Class K6	Diversified Portfolio	91	6.99%	—	Sep 2005	FBFZX vs FSRKX
MHELX	MH Elite Small Cap Fund of Funds Fund	Diversified Portfolio	66	14.91%	—	Aug 1998	FBFZX vs MHELX
VFAIX	Vanguard Financials Index Fund Admiral Shares	Financials Equities	18	5.46%	13.90B	Feb 2004	FBFZX vs VFAIX
NASDX	Shelton Capital Management Nasdaq-100 Index Fund D...	Large Cap Growth Equities	39	11.51%	—	Jan 2000	FBFZX vs NASDX
FASGX	Fidelity Asset Manager 70% Fund	Diversified Portfolio, Actively Managed	75	10.24%	—	Dec 1991	FBFZX vs FASGX
FSIRX	Fidelity Advisor Strategic Real Return Fund Class ...	Diversified Portfolio	91	7.04%	—	Sep 2005	FBFZX vs FSIRX
FCSRX	Fidelity Advisor Strategic Real Return Fund Class ...	Diversified Portfolio	89	6.55%	—	Sep 2005	FBFZX vs FCSRX
PUDZX	PGIM Real Assets Fund	Diversified Portfolio	93	13.05%	—	Dec 2010	FBFZX vs PUDZX
FIQDX	Fidelity Advisor Strategic Real Return Fund Class ...	Diversified Portfolio	91	7.02%	—	Oct 2018	FBFZX vs FIQDX
SMIFX	Sound Mind Investing Fund	Diversified Portfolio	30	9.83%	—	Dec 2005	FBFZX vs SMIFX
FFANX	Fidelity Asset Manager 40% Fund	Diversified Portfolio	78	6.42%	—	Oct 2007	FBFZX vs FFANX
AOBLX	Victory Pioneer Balanced Fund Class A	Diversified Portfolio	92	11.89%	—	Dec 1991	FBFZX vs AOBLX
DGIFX	Disciplined Growth Investors Fund	Diversified Portfolio	27	14.46%	—	Aug 2011	FBFZX vs DGIFX
CII	BlackRock Enhanced Large Cap Core Fund, Inc.		76	7.56%	—	Apr 2004	FBFZX vs CII

Compare FBFZX with Any Fund or Stock

Compare FBFZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair FBFZX with funds that move differently

Franklin Managed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBFZX.

Explore FBFZX Diversifiers

Franklin Managed Income Fund (FBFZX) Alternatives