The fund is structured to generate income by investing in stocks, bonds and convertibles—with no set proportions on its asset allocation— which leads to strategic diversification. This flexibility allows the fund to adjust across different market cycles to find the most attractive investment opportunities.
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.
Perspectives
Why invest in this strategy?
A strategic approach to stocks and bonds
Core value focus
Adhering to a disciplined, valueoriented approach, the fund’s management team screens a broad universe of securities across various asset classes in order to uncover undervalued or out-of-favor securities they believe meet the portfolio’s overall objective.
Dynamic portfolio, experienced portfolio management team
The fund’s management team collectively brings over eight decades of investment experience, supported by two large investment platforms: Franklin Equity (over 50 professionals) and Franklin Templeton Fixed Income (approximately 100 professionals).
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.
- Scenario 1: Receive Income
- Scenario 2: Reinvest Income
Scenario 1: Receive Income
| A hypothetical Initial |  |
Investment at fund inception |
 |
||
| 107 |  |
of uninterrupted distributions since fund launched in 2013 |
|
||
| $41,133 total income received or reinvested |
 |
on a hypothetical $100,000 investment at fund inception |
| $190,968 |  |
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 $190,968 as of September 30, 2025. If the same investor cashed out the monthly distributions totaling $41,133 rather than reinvesting, then the value of this investment would have still grown to $133,121 on a $100,000 initial investment.
Scenario 2: Reinvest Income
| A hypothetical Initial |  |
Investment at fund inception |
 |
||
| 107 |  |
of uninterrupted distributions since fund launched in 2013 |
|
||
| $41,133 total income received or reinvested |
 |
on a hypothetical $100,000 investment at fund inception |
| $133,121 |  |
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 $190,968 as of September 30, 2025. If the same investor cashed out the monthly distributions totaling $41,133 rather than reinvesting, then the value of this investment would have still grown to $133,121 on a $100,000 initial investment.
Impressive Performance Over Multiple Time Periods (%)2
Key Resources
Footnotes:
- Assumes lump-sum investment of $100,000 into Franklin U.S. Monthly Income Fund–Series A on June 28, 2013, with all distributions either cashed or reinvested, as indicated. Distribution and market value figures net of MERs. Distributions are not guaranteed, and the proportion of income and return of capital will fluctuate depending on fund returns. Unlike fixed-income securities, there is no obligation to distribute any fixed amount, and reductions in, or suspensions of, distributions may occur that would reduce yield. Distributions are not an indication of performance, rate of return, or yield. Mutual fund distributions are not guaranteed and are set and may change at the discretion of Franklin Templeton Canada.
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.