Franklin Income Fund Class R6 (FNCFX)
Franklin Income Fund Class R6 operates in the Asset Management - Income industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $2.57, up 0.00% on the session, giving a market capitalisation of $80.16B. Its beta of 0.69 implies it has historically moved less than the broad market.
The fund employs a comprehensive investment strategy, allocating its capital across a varied mix of both fixed-income and equity instruments. Its equity investments are predominantly concentrated in common stocks. The debt portion of its portfolio is exceptionally diverse, encompassing instruments with fixed, floating, or variable interest rates. This includes various types of bonds, such as secured and unsecured obligations, as well as those convertible into common shares. Additionally, it may hold senior floating-rate and term loans, mortgage-backed securities, other asset-backed debt, debentures, and shorter-term financial instruments. A key characteristic is the fund's ability to commit up to 100% of its total assets to debt securities classified as below investment grade.
Franklin Income Fund Class R6 is most often compared with the following Financial Services names: