ETF overview
INCM seeks high current income by investing in a broad, multi-asset portfolio using a dynamic allocation approach that adapts to changing market conditions. The portfolio includes dividend-yielding stocks, convertible preferred securities, secured and unsecured bonds, senior floating rate loans, mortgage-backed securities, debentures, and shorter-term instruments. The fund may hold up to 30% of its assets in equity index-linked notes and up to 25% in junk bonds. It may invest up to 25% in foreign issuers. Investments in bonds may include both US and foreign corporate and government debt. In selecting investments, the fund adviser utilizes a bottom-up, value-oriented, long-term approach focusing on price relative to long-term earnings, asset value, and cash flow potential. The adviser has full discretion to buy, hold, or sell securities at any time. The fund may utilize a variety of derivatives to enhance returns, increase liquidity, gain exposure, and hedge risks.
Fund facts
- Expense ratio
- 0.38%
- Fund assets
- 1.95B USD (all share classes)
- Issuer
- Franklin
- Inception date
- Jun 6, 2023
- Number of holdings
- 393
Breakdown
Holdings (393)
| Name | Ticker | Weight |
|---|---|---|
| IFT - MONEY MARKET PORT | 2.27% | |
| PROCTER & GAMBLE CO/THE | PG | 2.04% |
| EXXONMOBIL HOLDINGS CORP | XOM | 1.62% |
| US TREASURY N/ 4.625 8/36 | 1.59% | |
| CHEVRON CORP | CVX | 1.49% |
| HOME DEPOT INC | HD | 1.19% |
| SHELL PLC-ADR | SHEL | 1.16% |
| US TREASURY N/ 5.125 8/56 | 1.13% | |
| PEPSICO INC | PEP | 1.13% |
| DUKE ENERGY CORP | DUK | 1.13% |
| and 380 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.38%
- Fund assets
- 1.95B USD (all share classes)
- Issuer
- Franklin
- Inception date
- Jun 6, 2023
- Number of holdings
- 393
| Name | Ticker | Weight |
|---|---|---|
| IFT - MONEY MARKET PORT | 2.27% | |
| PROCTER & GAMBLE CO/THE | PG | 2.04% |
| EXXONMOBIL HOLDINGS CORP | XOM | 1.62% |
| US TREASURY N/ 4.625 8/36 | 1.59% | |
| CHEVRON CORP | CVX | 1.49% |
| HOME DEPOT INC | HD | 1.19% |
| SHELL PLC-ADR | SHEL | 1.16% |
| US TREASURY N/ 5.125 8/56 | 1.13% | |
| PEPSICO INC | PEP | 1.13% |
| DUKE ENERGY CORP | DUK | 1.13% |
| and 380 more | ||
INCM seeks high current income by investing in a broad, multi-asset portfolio using a dynamic allocation approach that adapts to changing market conditions. The portfolio includes dividend-yielding stocks, convertible preferred securities, secured and unsecured bonds, senior floating rate loans, mortgage-backed securities, debentures, and shorter-term instruments. The fund may hold up to 30% of its assets in equity index-linked notes and up to 25% in junk bonds. It may invest up to 25% in foreign issuers. Investments in bonds may include both US and foreign corporate and government debt. In selecting investments, the fund adviser utilizes a bottom-up, value-oriented, long-term approach focusing on price relative to long-term earnings, asset value, and cash flow potential. The adviser has full discretion to buy, hold, or sell securities at any time. The fund may utilize a variety of derivatives to enhance returns, increase liquidity, gain exposure, and hedge risks.
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