Franklin High Income C (FCHIX)
| Fund Assets | 2.85B |
| Expense Ratio | 1.24% |
| Min. Investment | $1,000 |
| Turnover | 36.83% |
| Dividend (ttm) | 0.10 |
| Dividend Yield | 5.55% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 25, 2025 |
| Previous Close | 1.810 |
| YTD Return | 3.25% |
| 1-Year Return | 3.02% |
| 5-Year Return | 23.21% |
| 52-Week Low | 1.710 |
| 52-Week High | 1.830 |
| Beta (5Y) | 0.36 |
| Holdings | 354 |
| Inception Date | Dec 31, 1969 |
About FCHIX
Franklin High Income Fund Class C is an open-end mutual fund focused on generating a high level of current income, with a secondary objective of capital appreciation when possible. The fund primarily invests in high-yield, lower-rated debt securities—also known as junk bonds—which typically offer higher interest payments compared to investment-grade bonds. At least 65% of its bond assets are either unrated or carry ratings below investment grade from major agencies. This investment approach exposes the fund to greater credit and economic risks, but aims to reward investors with elevated income potential. The portfolio is diversified across various industries, and its holdings are predominantly in U.S. high-income debt securities. Franklin High Income Fund Class C plays a significant role for investors seeking enhanced yield in their fixed income portfolios, especially those willing to accept the increased volatility and risk associated with lower-quality debt instruments. Managed by Franklin Templeton, the fund leverages experienced management and a broad research platform to navigate dynamic credit markets.
Performance
FCHIX had a total return of 3.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.30%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
11.43% of assets| Name | Symbol | Weight |
|---|---|---|
| Institutional Fiduciary Trust - Money Market Portfolio | INFXX | 3.60% |
| Martin Midstream Partners LP / Martin Midstream Finance Corp 11.5% | MMLP.11.5 02.15.28 144A | 1.10% |
| Wynn Resorts Finance Llc / Wynn Resorts Capital Corp 7.125% | WYNFIN.7.125 02.15.31 144A | 0.95% |
| Mauser Packaging Solutions Holding Co. 9.25% | BWY.9.25 04.15.27 144A | 0.92% |
| EMRLD Borrower LP / Emerald Co-Issuer Inc. 6.625% | EMECLI.6.625 12.15.30 144A | 0.86% |
| Kedrion S.p.A. 6.5% | KEDRIM.6.5 09.01.29 144A | 0.85% |
| Smyrna Ready Mix Concrete LLC 8.875% | SMYREA.8.875 11.15.31 144A | 0.80% |
| Forestar Group Inc. 6.5% | FOR.6.5 03.15.33 144A | 0.79% |
| R.R. Donnelley & Sons Co. 9.5% | RRD.9.5 08.01.29 144A | 0.79% |
| Apollo Commercial Real Estate Finance, Inc. 4.625% | ARI.4.625 06.15.29 144A | 0.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2025 | $0.0083 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0085 | Aug 26, 2025 |
| Jul 28, 2025 | $0.0077 | Jul 28, 2025 |
| Jun 25, 2025 | $0.0084 | Jun 25, 2025 |
| May 23, 2025 | $0.0085 | May 23, 2025 |
| Apr 25, 2025 | $0.0088 | Apr 25, 2025 |