Lowering the dividend any further will reduce the attractiveness of this fund: right now T's yield is 5.10% vs. FKINX's 5.46% without investor having to pay FKINX's 5.25%.
why would you bring this up. Did you look at the date? Dumb #$%$. I still have this fund.
I have been in FKINX/FCISX for a long time through the good and bad markets and very satisfied. I came across FHAIX recently that pays a good monthly dividend also. I have a preferred Reit that has been loosing money (I should have known better) that would be sold and into this. Any thoughts?
I still have my shares and continuing with this fund. At the end of the month the majority of the time, the fund takes a penny out to pay the dividends. Back in Sept. I was frustrated with this. Some #$%$ head keeps pulling my topic back up. You know who you are. (CYRUSPAK) I am very satisfied with all the funds I have with Franklin.
Why did the yield go down today? Why is it necessary to sign in everytime you wanrt to comment on this fund's shareholder's interests? Not good FKINX!
There are lots of people like that, i'm far from an expert but you need to at least know basics. I'm happy with a fund that's been around 60 years and pays monthly dividends.
Gosh aren't you the smart one. I wouldn't hang around us idiots either if I was you.
I really get tired of saying this but this is an income fund. Why did you buy it in the first place? Did you not know what you were buying? Are you saying you just threw away around $3,000 load fees?
Geez, the more I type the more I'm starting to wonder who the idiots are that you're talking about???
Follow the closing price of the top 20 stocks in the fund and keep an eye on the 10 years bond yield and you will have a better take on where the fund price will end up at the end of the trading day. We get little move when the stock price moves in the opposite direction of bonds since the fund is pretty much equally divided with stocks and bonds. We only get 2 or 3 cent moves when both our funds stocks and bonds move strongly in the same direction.
It happens sometimes. Their sister fund FCISX had jumped a few cents the day before, this might have been catchup.
....but the 2c gain today surprised me. I'm a little baffled, as it seems to track the DJ pretty closely, and it was static today. Could anyone enlighten me, pls?
I have owned FKINX for a long time and it's one of the few things I feel safe to recommend to others. I came across this other fund a few weeks ago. It's also front load,pays monthly, and has a great dividend. But,it's all lower rated bonds. I'm not into it yet but I would like some feedback from some of you. Thanks