Franklin High Income R (FHIRX)

Fund Assets	2.88B
Expense Ratio	1.09%
Min. Investment	$1,000
Turnover	39.11%
Dividend (ttm)	0.11
Dividend Yield	5.97%
Dividend Growth	2.63%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 28, 2026

Previous Close	1.810
YTD Return	1.80%
1-Year Return	4.32%
5-Year Return	21.56%
52-Week Low	1.780
52-Week High	1.840
Beta (5Y)	0.41
Holdings	364
Inception Date	Jan 1, 2002

About FHIRX

Franklin High Income Fund Class R6 is an open-end mutual fund focused on providing a high level of current income as its primary objective, with secondary emphasis on seeking capital appreciation when consistent with income goals. The fund predominantly invests in high-yield, lower-rated debt securities, often referred to as "junk bonds," and may also allocate to preferred stock. Its portfolio typically consists of bonds, notes, debentures, convertible securities, as well as senior and subordinated debt across a wide range of sectors. The fund employs a research-driven, bottom-up investment process, emphasizing issuer-specific analysis over ratings agency classifications, and draws on an experienced analytical team for credit assessment. The Franklin High Income Fund Class R6 is notable for its broad diversification—holding hundreds of positions—and offers monthly distributions to shareholders. This fund holds significance in the high-yield bond market, catering mainly to institutional or retirement-focused investors who seek an income-oriented strategy with exposure to below-investment-grade credit markets.

• Fund Family: Franklin Templeton Investments
• Category: High Yield Bond
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FHIRX
• Share Class: Class R
• Index: ICE BofA US High Yield Constrained TR

Performance

FHIRX had a total return of 4.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.12%.

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	0.98%
FGTMX	Fidelity	Fidelity Advisor High Income I	0.73%
FGSMX	Fidelity	Fidelity Advisor High Income C	1.73%
FGUMX	Fidelity	Fidelity Advisor High Income Z	0.63%
FAHCX	Fidelity	Fidelity Advisor Capital & Income I	0.93%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FHRRX	Class R6	0.51%
FVHIX	Advisor Class	0.59%
FHAIX	Class A1	0.74%
FHQRX	Class A	0.84%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 28, 2026	$0.009	Jul 28, 2026
Jun 25, 2026	$0.0085	Jun 25, 2026
May 26, 2026	$0.0085	May 26, 2026
Apr 27, 2026	$0.0087	Apr 27, 2026
Mar 26, 2026	$0.0085	Mar 26, 2026
Feb 24, 2026	$0.009	Feb 24, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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