Franklin Managed Income A (FBLAX)
Franklin Managed Income A operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $13.15, down 0.15% on the session, giving a market capitalisation of $3.34B. Its beta of 0.75 implies it has historically moved less than the broad market.
This fund strategically allocates its capital across a diverse array of investments, encompassing both equity and fixed-income securities, with a notable emphasis on dividend-paying stocks within its equity holdings. Typically, a minimum of 25% of its overall assets are dedicated to debt instruments, including bonds, notes, debentures, and various money market securities. Furthermore, the portfolio generally commits no less than a quarter of its total holdings to equity investments, primarily in the form of common and preferred shares.
Franklin Managed Income A is most often compared with the following Financial Services names: