Franklin High Income benefits from tenured managers and a stable team of analysts, but its fundamentally focused approach is not distinct compared with its peers. It receives a Morningstar Analyst Rating of Neutral for its cheaper share classes and a Negative rating for the more expensive C shares.
- NAV / 1-Day Return 1.63 / 0.00
- Total Assets 2.5 Bil
-
Adj. Expense Ratio
0.770%
- Expense Ratio 0.780%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low / Limited
- Min. Initial Investment 1,000
- Status Limited
- TTM Yield 6.06%
- Effective Duration 3.57 years
Morningstar’s Analysis FHAIX
Will FHAIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
Standard exposure to high-yield bonds.
Summary
|- Current Portfolio Date Feb 28, 2023
- Equity Holdings 7
- Bond Holdings 297
- Other Holdings 10
- % Assets in Top 10 Holdings 9.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Franklin IFT Money Market
2.35
59,936,548
Cash and Equivalents
Martin Midstream Partners LP / Martin Midstream Finance Corp 11.5%
1.20
30,650,688
Corporate
Mauser Packaging Solutions Holding Company 9.25%
1.11
28,394,875
Corporate
Endeavor Energy Resources LP and EER Finance Inc. 5.75%
1.06
26,991,338
Corporate
Cheniere Energy Partners L P 4%
0.97
24,716,953
Corporate
Banijay Entertainment S.A.S. 5.375%
0.86
21,915,002
Corporate
CSC Holdings, LLC 5.25%
0.81
20,642,265
Corporate
Carnival Corporation 5.75%
0.80
20,461,680
Corporate
Vistra Operations Co LLC 5.625%
0.80
20,260,995
Corporate
Reynolds Group Issuer Llc / Reynolds Group Issuer Inc 4%
0.80
20,254,633
Corporate