Whether you’re looking for regular income to pay for monthly expenses or saving for retirement, Franklin U.S. Monthly Income Fund may be the right investment solution to help you achieve your goals.
To deliver consistent monthly income, the investment team behind the fund is uncompromising. The market trends come and go, but the team’s focus on income is steadfast.
Kent Shepherd, CFA, CIC
Senior Vice President, Institutional Portfolio Manager
Franklin Equity Group
MORNINGSTAR RATED FUND™
Series F
The portfolio management team evaluates a broad universe of securities across various asset classes to seek undervalued securities they believe can maximize income while maintaining prospects for capital appreciation.
With no set proportions on its asset allocation, the fund has the flexibility to shift between equity and fixed income investments across different market cycles to find the most attractive investment opportunities.
The fund has delivered strong returns compared to its peers. Over the three-year and five-year periods, its performance ranked in the top quartile of funds in its category.
The following chart illustrates the results of two $100,000 investments in Franklin U.S. Monthly Income Fund – Series F at inception (June 28, 2013). The first scenario shows how the $100,000 investment would have grown if an investor had received the fund’s monthly distributions in cash. The second scenario depicts how the initial investment would have grown if the monthly distributions were re-invested in the fund1.
A hypothetical
Initial
Investment
at fund inception
90
of uninterrupted
distributions since fund
launched in 2013
$36,373
total income
received or reinvested
on a hypothetical
$100,000 investment
at fund inception
$143,407
Total investment value
with distributions cashed
Based an investor who purchased $100,000 of Series F of this fund on its inception date of June 28, 2013 and reinvested all the distributions, the market value of this investment would have been $188,135 as of December 31, 2020. If the same investor cashed out the monthly distributions totaling $36,373 rather than reinvesting, then the value of this investment would have still grown to $143,407 on a $100,000 initial investment.
A hypothetical
Initial
Investment
at fund inception
90
of uninterrupted
distributions since fund
launched in 2013
$36,373
total income
received or reinvested
on a hypothetical
$100,000 investment
at fund inception
$188,135
Total investment value
with distributions reinvested
Based an investor who purchased $100,000 of Series F of this fund on its inception date of June 28, 2013 and reinvested all the distributions, the market value of this investment would have been $188,135 as of December 31, 2020. If the same investor cashed out the monthly distributions totaling $36,373 rather than reinvesting, then the value of this investment would have still grown to $143,407 on a $100,000 initial investment.
As of January 31, 2021
Annualized Performance | 3 MTHS | 6 MTHS | 1-Year | 3-Years | 5-Years | Since Inception |
---|---|---|---|---|---|---|
Franklin U.S Monthly Income Fund, Series F | 5.14% | 4.38% | 2.01% | 5.16% | 6.34% | 8.62% |
Category Average | 6.49% | 5.49% | 5.30% | 5.13% | 5.97% | 6.53% |
Calendar Year Performance | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|
Franklin U.S Monthly Income Fund, Series F | 2.86% | 9.65% | 3.65% | 1.74% | 12.83% | 12.47% | 15.83% |
Category Average | 7.38% | 12.47% | -3.04% | 7.13% | 4.73% | 5.37% | 8.71% |
Indicates periods of outperformance versus the category average
Footnotes:
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus or fund facts document before investing. Mutual funds are guaranteed, their values change frequently and past performance may not be repeated.