Franklin Income Fund Class A1
FKINX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Charles B. Johnson
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- San Mateo, CA 94403-1906 San Mateo CA United States of America 94403-1906
- IPO Date
- Jan 2, 1986
- CIK
- 0000038721
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin Income Fund Class A1 (FKINX) seeks to maximize current income, while maintaining prospects for capital appreciation, through a flexible, multi-asset investment strategy that dynamically allocates across a diversified portfolio of equities, fixed-income securities, and hybrid instruments such as convertibles and equity-linked notes. The fund invests primarily in U.S. stocks with high dividend yields; high-yield corporate bonds; investment-grade corporate bonds; U.S. Treasuries; mortgage-backed securities; floating-rate loans; and selective non-U.S. bonds and equities, with current portfolio allocations approximating 50% fixed income (including 21% high-yield corporates, 12% investment-grade corporates, 10% U.S. Treasuries, and 6% mortgage-backed securities), 28% equities (concentrated in sectors like information technology, energy, health care, industrials, and utilities), 21% convertibles/equity-linked notes, and 2% cash equivalents. Managed by Franklin Advisers, Inc., a subsidiary of Franklin Resources, Inc. (Franklin Templeton), the fund employs a bottom-up security selection process emphasizing income generation and risk-adjusted returns, with monthly dividend distributions supported by over 75 years of uninterrupted payouts as of June 30, 2025. Launched on August 31, 1948, and headquartered in San Mateo, California—the base of Franklin Templeton, founded in 1947—the fund operates globally with primary exposure to U.S. markets but includes selective international holdings, targeting income-oriented investors such as individuals, institutions, and retirement plans seeking moderate allocation strategies within the Morningstar Moderate Allocation category. The portfolio management team, led by Edward Perks (since 2002), Todd Brighton (since 2017), and Brendan Circle (since 2019), brings over 65 years of combined experience in multi-asset income investing. In recent developments, the fund announced a dividend increase effective January 2026 across all share classes, raising Class A1 distributions to $0.0113 per share following the annual review, reflecting sustained income generation amid favorable fixed-income and equity market conditions in 2025; additionally, Class A shares closed to new investors effective September 10, 2018, and were renamed Class A1, limiting availability to pre-existing shareholders. On the parent company level, Franklin Templeton has pursued aggressive inorganic growth, including the $3.2 billion acquisition of Preqin in October 2025 to bolster private markets data and analytics capabilities; partnerships such as the $70 million strategic alliance with The Arab Investment Company (TAIC) for the Franklin Gulf Wealth Bond Fund in October 2025 and collaborations with Ajman Bank and eToro to expand distribution in the UAE, Europe, and beyond; and product launches like active equity and short-term U.S. Treasury ETFs for European investors in 2025.