Franklin High Income Fund Class A1 (FHAIX)
| Fund Assets | 2.78B |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000 |
| Turnover | 36.83% |
| Dividend (ttm) | 0.11 |
| Dividend Yield | 6.02% |
| Dividend Growth | 1.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 25, 2025 |
| Previous Close | 1.770 |
| YTD Return | 2.21% |
| 1-Year Return | 6.09% |
| 5-Year Return | 32.13% |
| 52-Week Low | 1.680 |
| 52-Week High | 1.780 |
| Beta (5Y) | n/a |
| Holdings | 330 |
| Inception Date | Dec 31, 1969 |
About FHAIX
Franklin High Income Fund Class A1 is a mutual fund designed to provide investors with a high level of current income as its primary objective. The fund achieves this by investing predominantly in high-yield, lower-rated debt securities, commonly referred to as "junk bonds". Its secondary aim is to pursue capital appreciation when it aligns with the fund’s principal goal of income generation. By focusing on high-yield bonds, the fund caters to investors willing to assume additional credit risk in exchange for the potential of enhanced income. Franklin High Income Fund Class A1 plays a notable role in the financial market by offering exposure to the high-yield segment of the fixed income universe, which can diversify an investor’s portfolio and provide an alternative to lower-yielding investment-grade bonds or equities.
Performance
FHAIX had a total return of 6.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.99%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGRMX | Fidelity | Fidelity Advisor High Income M | 1.17% |
| FGTMX | Fidelity | Fidelity Advisor High Income Fund - Class I | 0.92% |
| FGSMX | Fidelity | Fidelity Advisor High Income Fund - Class C | 1.92% |
| FGUMX | Fidelity | Fidelity Advisor High Income Fund - Class Z | 0.82% |
| FAHCX | Fidelity | Fidelity Advisor Capital & Income Fund - Class I | 0.96% |
Top 10 Holdings
11.11% of assets| Name | Symbol | Weight |
|---|---|---|
| Institutional Fiduciary Trust - Money Market Portfolio | INFXX | 3.08% |
| Martin Midstream Partners LP / Martin Midstream Finance Corp 11.5% | MMLP.11.5 02.15.28 144A | 1.12% |
| Wynn Resorts Finance Llc / Wynn Resorts Capital Corp 7.125% | WYNFIN.7.125 02.15.31 144A | 0.96% |
| Rain Carbon Inc 12.25% | RCOLIN.12.25 09.01.29 144A | 0.92% |
| Mauser Packaging Solutions Holding Co. 9.25% | BWY.9.25 04.15.27 144A | 0.90% |
| Carnival Corporation 5.75% | CCL.5.75 03.01.27 144A | 0.88% |
| EMRLD Borrower LP / Emerald Co-Issuer Inc. 6.625% | EMECLI.6.625 12.15.30 144A | 0.87% |
| Forestar Group Inc. 6.5% | FOR.6.5 03.15.33 144A | 0.80% |
| R.R. Donnelley & Sons Co. 9.5% | RRD.9.5 08.01.29 144A | 0.79% |
| Smyrna Ready Mix Concrete LLC 8.875% | SMYREA.8.875 11.15.31 144A | 0.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2025 | $0.0092 | Jun 25, 2025 |
| May 23, 2025 | $0.0093 | May 23, 2025 |
| Apr 25, 2025 | $0.0095 | Apr 25, 2025 |
| Mar 26, 2025 | $0.0089 | Mar 26, 2025 |
| Feb 25, 2025 | $0.0091 | Feb 25, 2025 |
| Jan 28, 2025 | $0.0088 | Jan 28, 2025 |