FBLAX — Franklin Balanced Fund
Data updated: 2026-06-24
FBLAX — Franklin Balanced Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Balanced Allocation · $3.47B AUM · 0.91% expense ratio · 16.5% 1-yr return. From SEC regulatory filings.
FBLAX Fund Overview
FBLAX — Franklin Balanced Fund is a US mutual fund managed by Franklin Investors Securities Trust, categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Franklin Investors Securities Trust
- Category: Balanced Allocation
- Assets under management: $3.47B
- 1-year return: 16.5%
- Ticker: FBLAX
- SEC CIK: 0000809707
- SEC series ID: S000012705
- Share class ID: C000034238
FBLAX Holdings
Top 10 holdings of Franklin Balanced Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Gnma | 2.86% |
| Gnma | 2.17% |
| Franklin Institutional U.S. Government Money Market Fund | 2.08% |
| Procter & Gamble Co. (The) | 1.91% |
| United States of America | 1.83% |
| Chevron Corp. | 1.81% |
| Exxon Mobil Corp. | 1.78% |
| United States of America | 1.66% |
| Texas Instruments, Inc. | 1.62% |
| PepsiCo, Inc. | 1.60% |
FBLAX Portfolio Allocation
Asset-class allocation of Franklin Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 43.3% |
| Fixed Income | 33.3% |
| Securitized | 12.6% |
| Other | 8.8% |
| Cash & Equivalents | 2.1% |
FBLAX Performance
Total returns for FBLAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.9% |
| 1 year | 16.5% |
| 3 years (annualised) | 8.5% |
| 5 years (annualised) | 5.5% |
FBLAX Risk Information
Risk metrics for FBLAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.9%
FBLAX Costs and Fees
FBLAX costs about $91 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.91%
- Gross expense ratio: 0.91%
- Portfolio turnover: 42%
- Brokerage commissions: 1.11 bps of average net assets (SEC N-CEN)
FBLAX Cashflows
Over the 12 months to 2026-04, Franklin Balanced Fund had net outflows of $149.87M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$10.41M |
| 2026-03 | −$3.45M |
| 2026-02 | −$4.01M |
| 2026-01 | −$13.02M |
| 2025-12 | −$3.16M |
| 2025-11 | −$17.55M |
FBLAX Debt Constituents
Largest debt holdings of Franklin Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 1.83% |
| United States of America | 1.66% |
| BAT Capital Corp. | 0.83% |
| Wells Fargo & Co. | 0.73% |
| United Rentals North America, Inc. | 0.66% |
| Brown & Brown, Inc. | 0.64% |
| Carrier Global Corp. | 0.61% |
| Edison International | 0.61% |
| Delta Air Lines, Inc. / SkyMiles IP Ltd. | 0.60% |
| Ingersoll Rand, Inc. | 0.60% |
FBLAX Prospectus and SEC Filings
Official Franklin Balanced Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Balanced Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.