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Franklin High Income A (FHAIX)

2.14 Up 0.01(0.47%) Jul 23

Profile as of Jun 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:7.16B
Year-to-Date Return:5.59%
Yield:6.11%
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
Molumphy is Executive Vice President and Director of Advisers. Mr. Molumphy has been a portfolio manager of the Fund since its inception, providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. He joined Franklin Templeton Investments in 1988.
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 113 brokerages.

Fund Summary 
The investment seeks a high level of current income; capital appreciation is a secondary objective. 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.

Fund Operations 
Last Dividend (Jun 30, 2014) : 0.01
Last Cap Gain : 0.00
Annual Holdings Turnover (Jul 21, 2014) : 28.89%
Average for Category:67.81%
Fees & Expenses 
ExpenseFHAIXCategory Avg
Annual Report Expense Ratio (net):0.76%1.10%
Prospectus Net Expense Ratio:0.77%N/A
Prospectus Gross Expense Ratio:0.78%N/A
Max 12b1 Fee:0.15%N/A
Max Front End Sales Load:4.25%4.18%
Max Deferred Sales Load: N/A2.21%
3 Yr Expense Projection*:663538
5 Yr Expense Projection*:839865
10 Yr Expense Projection*:1,3491,772
* Per $10,000 invested