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    Franklin High Income A (FHAIX)

    1.98 0.00(0.00%) Dec 26

    Profile as of Nov 29, 2014Get Profile for:
    Franklin High Income A
    Franklin High Income TrustOne Franklin ParkwaySan Mateo, CA 94403-1906
    Map
    Phone: 800-632-2301
    Fund Overview 
    Category:High Yield Bond
    Fund Family:Franklin Templeton Investments
    Net Assets:6.61B
    Year-to-Date Return:2.62%
    Yield:6.20%
    Morningstar Rating:3 stars
    Fund Inception Date:1969-12-31
    Morningstar Style Box 
    High Yield Bond
    [View Category Definition]
    View Top High Yield Bond Funds
    About the Morningstar Style Box
    Management Information 
    Christopher J. Molumphy
    Lead Manager since Dec 31, 1991
    Christopher J. Molumphy is an executive vice president and chief investment officer of the Franklin Templeton Fixed Income Group, a global fixed income platform that includes the Municipal, High Yield, Investment Grade, Money Market, Floating Rate and Global Bond groups. He is portfolio manager of Franklin High Income Fund and Franklin Strategic Income Fund. Mr. Molumphy is also a member of the Franklin Templeton Investment Management Committee, Franklin Resources Investment Committee, and the Franklin Resources Management Committee.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:250
    Min Initial Investment, AIP:50
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:50
    FHAIX can be purchased from 117 brokerages.

    Fund Summary 
    The investment seeks to earn a high level of current income; its secondary goal is to seek capital appreciation to the extent it is possible and consistent with the fund's principal goal. Under normal market conditions, 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. The fund may also invest in preferred stock.

    Fund Operations 
    Last Dividend (Nov 30, 2014) : 0.01
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 23, 2014) : 29.33%
    Average for Category:62.11%
    Fees & Expenses 
    ExpenseFHAIXCategory Avg
    Annual Report Expense Ratio (net):0.76%1.08%
    Prospectus Net Expense Ratio:0.76%N/A
    Prospectus Gross Expense Ratio:0.76%N/A
    Max 12b1 Fee:0.15%N/A
    Max Front End Sales Load:4.25%4.16%
    Max Deferred Sales Load: N/A2.11%
    3 Yr Expense Projection*:658538
    5 Yr Expense Projection*:829845
    10 Yr Expense Projection*:1,3271,737
    * Per $10,000 invested