We draw income from across the investment landscape – including equities, bonds and hybrid securities – helping reduce reliance on any single income source or market environment.
When markets shift and opportunities evolve, your income strategy needs to adapt. A dynamic multi-asset approach can actively seek value across equities, fixed income, and hybrid securities - seeking income from multiple sources while maintaining potential for growth as your needs change.
Income investing for a changing world
Markets don't stand still. Neither does the approach to income. Here's what sets the multi-asset income strategy apart
Multiple sources of income
Flexibility to pursue opportunity
Our portfolio managers are not locked into fixed allocations. They actively shift across asset classes as market conditions change, seeking opportunities where they believe rewards are most compelling.
Supporting different income needs
We designed our multi-asset income capability to support different income needs over time, as financial priorities change and evolve.
Experience through market cycles
Built on decades of multi-asset income experience, our approach has been shaped by navigating a wide range of market environments over time.
US$99.7bn
Assets under management (USD)¹
1948
First strategy launched
24
Portfolio management team average years of experience¹
WHY MULTI-ASSET INCOME?
Why multi-asset income matters now more than ever
Income generation today often requires more than a single-asset approach. Here's how our multi-asset income approach is designed to meet that challenge.
Tested through decades of market change
Over 75 years, our multi-asset income approach has navigated countless market environments – from rising and falling interest rates to periods of growth, recession and volatility. This long track record reflects our ability to adapt through changing conditions.
Key evidence:
- Uninterrupted monthly income delivered for 75+ years2
- Proven across multiple interest rate cycles
- Resilience through periods of market volatility
Multiple sources, consistent flow
Unlike single-asset strategies that rely on one income source, our multi-asset approach draws from dividends on equities, interest from bonds, and income from hybrid securities – helping smooth income generation across different market environments.
Key evidence:
- Not dependent on equity dividends alone
- Less exposed to a single interest rate environment
- A more balanced approach to generating income
Eyes on the market, always
Passive strategies follow the market. Our active approach, led by experienced managers, means we keep portfolios under constant review and adjust as conditions change – seeking attractive opportunities and making a meaningful difference in volatile markets.
Key evidence:
- Ongoing portfolio review and adjustment
- Active decisions as markets change
- Focus on managing risk through different conditions
FAQ
A multi-asset income strategy invests across different asset classes – such as equities, fixed income and hybrid securities – to generate income from multiple sources and adapt as market conditions change.
Because income needs and market conditions evolve. A multi-asset approach helps diversify income sources and reduce reliance on any single asset class.
Risk is managed through diversification across asset classes, active allocation decisions and ongoing assessment of market conditions.
Multi-asset income strategies can support different income needs over time – from supplementing income, to reinvesting income for future goals, to supporting regular income in retirement.
Management team
Our portfolio management team, led by Ed Perks, has over 70 years of combined experience. They are supported by research teams representing Franklin Equity Group, Franklin Templeton Fixed Income, and Franklin Templeton Investment Solutions.
Edward D. Perks, CFA
Chief Investment Officer, Franklin Income Investors, President, Franklin Advisers, Inc.
Brendan Circle, CFA
Senior Vice President, Portfolio Manager
Todd Brighton, CFA
Senior Vice President, Portfolio Manager
Investment Approach
Top-down perspective combined with fundamental research drives portfolio construction
Our investment approach utilizes a top-down perspective combined with rigorous fundamental research to help uncover the most attractive investment opportunities.
Proprietary macro, equity and fixed income research in combination with team discussion and debate lead to investment ideas for income and total return generation
Thorough company analysis is conducted, with a focus on valuation, financial strength, market opportunity, competitive position, material ESG factors, and management experience
Risk vs. reward scenarios are analyzed at the security level to determine the optimal opportunity for income and capital appreciation potential within the capital structure
Our portfolio managers leverage inputs from the research process to develop a portfolio that is diversified and carries an appropriate level of risk while seeking to maximize income consistent with the strategy’s objective