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Morningstar

Franklin Income Adv FRIAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 2.22  /  0.45 %
  • Total Assets 70.3 Bil
  • Adj. Expense Ratio
    0.470%
  • Expense Ratio 0.470%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 6.14%
  • Turnover 78%

USD | NAV as of Dec 04, 2023 | 1-Day Return as of Dec 04, 2023, 11:11 PM GMT+0

Morningstar’s Analysis FRIAX

Will FRIAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FRIAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FRIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of FRIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Substantial yield, yet modest prospects.

Senior Analyst Greg Carlson

Greg Carlson

Senior Analyst

Summary

Franklin Income's decent resources and flexible investment process have generated substantial yield over time, but it lacks a long-term edge.

by Greg Carlson
Rated on Published on

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Portfolio Holdings FRIAX

More FRIAX Holdings
  • Current Portfolio Date
  • Equity Holdings 72
  • Bond Holdings 497
  • Other Holdings 114
  • % Assets in Top 10 Holdings 15.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.75%

2.88
1,903,710,938
Government

United States Treasury Notes 3.875%

2.09
1,380,820,320
Government

United States Treasury Bonds 4.125%

1.94
1,283,437,500
Government

United States Treasury Notes 4.125%

1.84
1,216,259,762
Government

United States Treasury Notes 4.25%

1.49
984,492,190
Government

United States Treasury Notes 4%

1.44
952,460,940
Government

Chevron Corp

1.21
801,529,573
Energy

Lockheed Martin Corp

1.03
681,960,000
Industrials

Southern Co

0.91
605,700,000
Utilities

Texas Instruments Inc

0.86
568,040,000
Technology