Franklin High Income Fund Class R6 (FHRRX)
| Fund Assets | 2.91B |
| Expense Ratio | 0.51% |
| Min. Investment | $1,000,000 |
| Turnover | 39.11% |
| Dividend (ttm) | 0.11 |
| Dividend Yield | 6.49% |
| Dividend Growth | 1.06% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 1.770 |
| YTD Return | 0.53% |
| 1-Year Return | 8.62% |
| 5-Year Return | 27.84% |
| 52-Week Low | 1.580 |
| 52-Week High | 1.770 |
| Beta (5Y) | n/a |
| Holdings | 352 |
| Inception Date | May 1, 2013 |
About FHRRX
Franklin High Income Fund Class R6 is an open-end mutual fund that primarily seeks to deliver a high level of current income, with capital appreciation as a secondary objective. This fund invests predominantly in high-yield, lower-rated debt securities—including corporate bonds, notes, convertible instruments, and preferred stocks—which typically offer higher yields to compensate for increased credit risk. As such, it falls into the high-yield bond category and generally exhibits lower credit quality and higher interest rate sensitivity compared to investment grade alternatives. With an effective duration of under three years and a yield around 6.5%, the fund is structured to appeal to retirement plans and larger institutional investors, as reflected by its $1 million minimum investment for the R6 share class. The fund is actively managed, drawing on a broadened research team, and maintains a competitive expense ratio of approximately 0.5%. Franklin High Income Fund Class R6 plays a vital role for investors seeking enhanced income potential within a diversified fixed income allocation, particularly in the speculative segment of the bond market.
Performance
FHRRX had a total return of 8.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.10%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.0094 | Jan 27, 2026 |
| Dec 26, 2025 | $0.0094 | Dec 26, 2025 |
| Nov 24, 2025 | $0.0111 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0097 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0094 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0096 | Aug 26, 2025 |