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Franklin High Income A1 FHAIX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 1.71  /  0.00
  • Total Assets 2.6 Bil
  • Adj. Expense Ratio
  • Expense Ratio 0.760%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 6.21%
  • Effective Duration 2.92 years

USD | NAV as of Feb 27, 2024 | 1-Day Return as of Feb 27, 2024, 11:12 PM GMT+0

Morningstar’s Analysis FHAIX

Will FHAIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Veteran team, process enhancements, and improved results merit a People rating upgrade.

Strategist Maciej Kowara

Maciej Kowara



A tenured team of portfolio managers and analysts is in charge at Franklin High Income. Lead manager Glenn Voyles, who has steered the fund since 2016, works alongside seasoned colleagues Patricia O’Connor, James McGiveran, and Bryant Dieffenbacher, whom the firm added as comanagers in 2020. This group collaborates well and draws on the support of Franklin’s sizable credit research team. We've upgraded the People rating to Above Average as Voyles, together with Franklin’s fixed-income CIO, have been making efforts to broaden the decision-making process by incorporating more input from the firm’s research analysts.

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Portfolio Holdings FHAIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 9.2
Top 10 Holdings
% Portfolio Weight
Market Value USD

Franklin IFT Money Market

2.34 62.8 Mil
Cash and Equivalents

Martin Midstream Partners LP / Martin Midstream Finance Corp 11.5%

1.24 33.3 Mil

Mauser Packaging Solutions Holding Co. 9.25%

1.11 29.8 Mil

Endeavor Energy Resources LP and EER Finance Inc. 5.75%

1.03 27.7 Mil

Rain Carbon Inc 12.25%

0.94 25.1 Mil

Carnival Corporation 5.75%

0.90 24.2 Mil

Smyrna Ready Mix Concrete LLC 8.875%

0.83 22.3 Mil

Vistra Operations Co LLC 5.625%

0.80 21.6 Mil

Reynolds Group Issuer Llc / Reynolds Group Issuer Inc 4%

0.80 21.5 Mil

Jaguar Land Rover Automotive PLC 5.5%

0.80 21.4 Mil