CONSISTENT INCOME, STEADY GROWTH.

Franklin U.S. Monthly Income Fund

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.

Focus on income and growth with a core value approach

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.

Flexible allocation in pursuit of the best U.S. opportunities

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.

Impressive performance track record

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.

Manager Perspectives

Fund Overview: Franklin U.S. Monthly Income Fund

Kent Shepherd, CFA, CIC
Senior Vice President, Institutional Portfolio Manager
Franklin Equity Group

A Record of Continuous Monthly Income and Impressive Growth

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

66

of uninterrupted
distributions since fund
launched in 2013

$26,707
total income
received or reinvested

on a hypothetical
$100,000 investment
at fund inception

$136,062

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 $166,814 as of December 31, 2018. If the same investor cashed out the monthly distributions totaling $26,707 rather than reinvesting, then the value of this investment would have still grown to $136,062 on a $100,000 initial investment.

A hypothetical
Initial

Investment
at fund inception

66

of uninterrupted
distributions since fund
launched in 2013

$26,707
total income
received or reinvested

on a hypothetical
$100,000 investment
at fund inception

$166,814

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 $166,814 as of December 31, 2018. If the same investor cashed out the monthly distributions totaling $26,707 rather than reinvesting, then the value of this investment would have still grown to $136,062 on a $100,000 initial investment.

Impressive Performance over Multiple Time Periods2

As of December 31, 2018

Annualized Performance3 MTHS6 MTHS1-Year3-Years5-YearsSince Inception
Franklin U.S Monthly Income Fund, Series A -1.53% -1.49% 2.49% 4.76% 7.94% 8.52%
Franklin U.S Monthly Income Fund, Series F -1.26% -0.92% 3.65% 5.96% 9.16% 9.74%
Category Average -4.69% -4.18% -3.04% 2.81% 4.44% 5.58%
Morningstar Quartile Rankings31-Year3-Years5-Years
Franklin U.S Monthly Income Fund, Series A 1 1 1
Franklin U.S Monthly Income Fund, Series F 1 1 1
Calendar Year Performance20182017201620152014
Franklin U.S Monthly Income Fund, Series A 2.49% 0.57% 11.54% 11.31% 14.47%
Franklin U.S Monthly Income Fund, Series F 3.65% 1.74% 12.83% 12.47% 15.83%
Category Average -3.04% 7.13% 4.73% 5.37% 8.71%

Indicates periods of outperformance versus the category average

Compelling 3-Year Risk/Return Profile4

  • Returns
  • Risk