Franklin High Income Fund Class A (FHQRX) Fund Details & Analysis

Fund Information

Fund Category High Yield Bond

Fund Family Franklin Templeton Investments

Fund Style Large

ISIN US3535388876

CUSIP 353538887

Inception Date 1969-12-31

Domicile United States

Country USA

Fiscal Year End May

NAV Chart

Fund Metrics

Net Assets $2.90 Billion

Share Class Net Assets $1.00 Billion

Expense Ratio 0.84%

Expense Ratio Date 2025-02-01

Dividend Yield 0.06%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 0.57%

1-Year Return 8.31%

3-Year Return 9.03%

5-Year Return 4.91%

NAV $1.77

Previous Close Price $1.77

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.06%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Franklin High Income Fund Class A

The fund invests predominantly in high yield, lower-rated debt securities. Lower-rated securities generally pay higher yields than more highly rated securities to compensate investors for the higher risk. These securities include bonds, notes, debentures, convertible securities and senior and subordinated debt securities. It may invest up to 100% of its total assets in debt securities that are rated below investment grade, also known as "junk bonds."

Detailed Metrics

Market Cap Distribution

AverageMarketCap %

Giant %

Large %

Medium %

Micro %

Small %

Value & Growth Metrics

Book-Value Growth % 39.69%

Cash-Flow Growth % -11.15%

Dividend Yield % 0.86%

Historical Earnings % -46.34%

Long-Term Earnings % %

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	96.80%	96.80%	0.00%	96.93%	99.95%
Cash	2.62%	2.62%	0.00%	5.12%	0.00%
Non US Stock	0.00%	0.00%	0.00%	0.08%	0.00%
Not Classified	0.13%	0.13%	0.00%	1.92%	0.05%
Other	0.01%	0.01%	0.00%	0.66%	0.00%
US Stock	0.43%	0.43%	0.00%	0.38%	0.00%

Top Holdings

Name	Weight	Owned	Change
Institutional Fiduciary Trust - Money Market Portfolio	2.92%	-	-
Martin Midstream Partners LP / Martin Midstream Finance Corp.	1.08%	-	-
Mauser Packaging Solutions Holding Co.	0.88%	-	-
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.	0.94%	-	-
Rain Carbon, Inc.	0.92%	-	-
EMRLD Borrower LP / Emerald Co-Issuer, Inc.	0.85%	-	-
Carnival Corp.	0.86%	-	-
Smyrna Ready Mix Concrete LLC	0.77%	-	-
Northriver Midstream Finance LP	0.80%	-	-
Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer LLC	0.80%	-	-
RR Donnelley Sons Co.	0.78%	-	-
Zegona Finance plc	0.76%	-	-
IQVIA, Inc.	0.83%	-	-
Kedrion SpA	0.84%	-	-
Forestar Group, Inc.	0.79%	-	-
Franklin Institutional U.S. Government Money Market Fund	3.63%	-	-
Apollo Commercial Real Estate Finance, Inc.	0.77%	-	-

See the full breakdown of FHQRX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	4.23%	2.63%	0.00%
Bond Sector	Corporate	0.00%	90.22%	97.12%	100.00%
Bond Sector	Derivative	0.00%	1.47%	0.00%	0.00%
Bond Sector	Government	0.00%	3.00%	0.00%	0.00%
Bond Sector	Municipal	0.00%	0.04%	0.25%	0.00%
Bond Sector	Securitized	0.00%	1.04%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.00%	0.00%	0.00%	0.00%
Cyclical	Financial Services	0.00%	0.00%	0.00%	0.00%
Cyclical	Real Estate	0.00%	0.00%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.00%	0.00%	0.00%
Defensive	Utilities	0.00%	0.00%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	0.00%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.00%	0.00%	0.00%	0.00%
Sensitive	Technology	0.00%	0.00%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.20%	-	-
Americas	North America	93.57%	-	-
Greater Asia	Asia Developed	0.18%	-	-
Greater Asia	Asia Emerging	0.27%	-	-
Greater Asia	Australasia	0.01%	-	-
Greater Asia	Japan	0.02%	-	-
Greater Europe	Africa/Middle East	-	-	-
Greater Europe	Europe Developed	5.57%	-	-
Greater Europe	Europe Emerging	0.01%	-	-
Greater Europe	United Kingdom	0.17%	-	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-26	$0.009	$0.009	USD	-	2024-12-24	2024-12-26	Monthly
2024-11-25	$0.009	$0.009	USD	-	2024-11-22	2024-11-25	Monthly
2024-10-28	$0.010	$0.010	USD	-	2024-10-25	2024-10-28	Monthly
2024-09-25	$0.009	$0.009	USD	-	2024-09-24	2024-09-25	Monthly
2024-08-27	$0.009	$0.009	USD	-	2024-08-26	2024-08-27	Monthly
2024-07-26	$0.009	$0.009	USD	-	2024-07-25	2024-07-26	Monthly
2024-06-25	$0.009	$0.009	USD	-	2024-06-24	2024-06-25	Monthly
2024-05-28	$0.009	$0.009	USD	-	2024-05-24	2024-05-28	Monthly
2024-04-25	$0.010	$0.010	USD	-	2024-04-24	2024-04-25	Monthly
2024-03-25	$0.008	$0.008	USD	-	2024-03-22	2024-03-25	Monthly
2024-02-26	$0.009	$0.009	USD	-	2024-02-23	2024-02-26	Annual
2024-01-26	$0.009	$0.009	USD	-	2024-01-25	2024-01-26	Monthly
2023-12-26	$0.008	$0.008	USD	-	2023-12-22	2023-12-26	Monthly
2023-11-27	$0.009	$0.009	USD	-	2023-11-24	2023-11-27	Monthly
2023-10-26	$0.010	$0.010	USD	-	2023-10-25	2023-10-26	Monthly
2023-09-26	$0.008	$0.008	USD	-	2023-09-25	2023-09-26	Monthly
2023-08-28	$0.009	$0.009	USD	-	2023-08-25	2023-08-28	Monthly
2023-07-26	$0.009	$0.009	USD	-	2023-07-25	2023-07-26	Monthly
2023-06-27	$0.009	$0.009	USD	-	2023-06-26	2023-06-27	Monthly
2023-05-25	$0.009	$0.009	USD	-	2023-05-24	2023-05-25	Monthly
2023-04-25	$0.007	$0.007	USD	-	2023-04-24	2023-04-25	Monthly
2023-03-28	$0.008	$0.008	USD	-	2023-03-27	2023-03-28	Monthly
2023-02-23	$0.009	$0.009	USD	-	2023-02-22	2023-02-23	Monthly
2023-01-26	$0.008	$0.008	USD	-	2023-01-25	2023-01-26	Monthly
2022-12-27	$0.008	$0.008	USD	2022-12-27	2022-12-23	2022-12-27	Monthly
2022-11-25	$0.010	$0.010	USD	2022-11-25	2022-11-23	2022-11-25	Monthly
2022-10-26	$0.008	$0.008	USD	2022-10-26	2022-10-25	2022-10-26	Monthly
2022-09-27	$0.007	$0.007	USD	2022-09-27	2022-09-26	2022-09-27	Monthly
2022-08-26	$0.008	$0.008	USD	2022-08-26	2022-08-25	2022-08-26	Monthly
2022-07-26	$0.008	$0.008	USD	2022-07-26	2022-07-25	2022-07-26	Monthly
2022-06-27	$0.010	$0.010	USD	2022-06-27	2022-06-24	2022-06-27	Monthly
2022-05-25	$0.007	$0.007	USD	2022-05-25	2022-05-24	2022-05-25	Monthly
2022-04-26	$0.008	$0.008	USD	2022-04-26	2022-04-25	2022-04-26	Monthly
2022-03-28	$0.007	$0.007	USD	2022-03-28	2022-03-25	2022-03-28	Monthly
2022-02-23	$0.008	$0.008	USD	2022-02-23	2022-02-22	2022-02-23	Monthly
2022-01-26	$0.007	$0.007	USD	2022-01-26	2022-01-25	2022-01-26	Monthly
2021-12-30	$0.007	$0.007	USD	2021-12-30	2021-12-29	2021-12-30	Monthly
2021-11-30	$0.007	$0.007	USD	2021-11-30	2021-11-29	2021-11-30	Monthly
2021-10-29	$0.008	$0.008	USD	2021-10-29	2021-10-28	2021-10-29	Monthly
2021-09-30	$0.007	$0.007	USD	2021-09-30	2021-09-29	2021-09-30	Monthly
2021-08-31	$0.007	$0.007	USD	2021-08-31	2021-08-30	2021-08-31	Monthly
2021-07-30	$0.007	$0.007	USD	2021-07-30	2021-07-29	2021-07-30	Monthly
2021-06-30	$0.008	$0.008	USD	2021-06-30	2021-06-29	2021-06-30	Monthly
2021-05-28	$0.008	$0.008	USD	2021-05-28	2021-05-27	2021-05-28	Monthly
2021-04-30	$0.008	$0.008	USD	2021-04-30	2021-04-29	2021-04-30	Monthly
2021-03-31	$0.008	$0.008	USD	2021-03-31	2021-03-30	2021-03-31	Monthly
2021-02-26	$0.007	$0.007	USD	2021-02-26	2021-02-25	2021-02-26	Monthly
2021-01-29	$0.007	$0.007	USD	-	2021-01-28	2021-01-29	Monthly
2020-12-30	$0.008	$0.008	USD	2020-12-30	2020-12-29	2020-12-30	Monthly
2020-11-30	$0.008	$0.008	USD	2020-11-30	2020-11-27	2020-11-30	Monthly
2020-10-30	$0.008	$0.008	USD	2020-10-30	2020-10-29	2020-10-30	Monthly
2020-09-30	$0.008	$0.008	USD	2020-09-30	2020-09-29	2020-09-30	Monthly
2020-08-31	$0.008	$0.008	USD	2020-08-31	2020-08-28	2020-08-31	Monthly
2020-07-31	$0.010	$0.010	USD	2020-07-31	2020-07-30	2020-07-31	Monthly
2020-06-30	$0.007	$0.007	USD	2020-06-30	2020-06-29	2020-06-30	Monthly
2020-05-29	$0.006	$0.006	USD	2020-05-29	2020-05-28	2020-05-29	Monthly
2020-04-30	$0.009	$0.009	USD	2020-04-30	2020-04-29	2020-04-30	Monthly
2020-03-31	$0.008	$0.008	USD	2020-03-31	2020-03-30	2020-03-31	Monthly
2020-02-28	$0.008	$0.008	USD	2020-02-28	2020-02-27	2020-02-28	Monthly
2020-01-31	$0.008	$0.008	USD	2020-01-31	2020-01-30	2020-01-31	Monthly
2019-12-30	$0.008	$0.008	USD	2019-12-30	2019-12-27	2019-12-31	Monthly
2019-11-29	$0.008	$0.008	USD	2019-01-30	2019-11-27	2019-12-03	Monthly
2019-10-31	$0.008	$0.008	USD	2019-01-30	2019-10-30	2019-11-04	Monthly
2019-09-30	$0.008	$0.008	USD	2019-01-30	2019-09-27	2019-10-02	Monthly
2019-08-30	$0.008	$0.008	USD	2019-01-30	2019-08-29	2019-09-04	Monthly
2019-07-31	$0.009	$0.009	USD	2019-01-30	2019-07-30	2019-08-02	Monthly
2019-06-28	$0.008	$0.008	USD	2019-06-28	2019-06-27	2019-07-02	Monthly
2019-05-31	$0.009	$0.009	USD	2019-05-31	2019-05-30	2019-06-04	Monthly
2019-04-30	$0.009	$0.009	USD	2019-04-30	2019-04-29	2019-05-02	Monthly
2019-03-29	$0.009	$0.009	USD	2019-03-29	2019-03-28	2019-04-02	Monthly
2019-02-28	$0.009	$0.009	USD	2019-02-28	2019-02-27	2019-03-04	Monthly
2019-01-31	$0.008	$0.008	USD	2019-01-31	2019-01-30	2019-02-04	Monthly
2018-12-28	$0.009	$0.009	USD	2018-12-28	2018-12-27	2018-12-31	Monthly
2018-11-30	$0.009	$0.009	USD	2018-11-30	2018-11-29	2018-12-04	Monthly
2018-10-31	$0.009	$0.009	USD	2018-10-31	2018-10-30	2018-11-02	Monthly
2018-09-28	$0.009	$0.009	USD	-	-	-	-

Franklin High Income Fund Class A NMFQS:FHQRX