Franklin High Income Fund Advisor Class (FVHIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
1.750
+0.010 (0.57%)
Dec 24, 2024, 4:00 PM EST
1.74% (1Y)
| Fund Assets | 2.77B |
| Expense Ratio | 0.61% |
| Min. Investment | $1,000 |
| Turnover | 36.83% |
| Dividend (ttm) | 0.11 |
| Dividend Yield | 6.45% |
| Dividend Growth | 5.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 25, 2024 |
| Previous Close | 1.740 |
| YTD Return | 8.01% |
| 1-Year Return | 7.94% |
| 5-Year Return | 25.00% |
| 52-Week Low | 1.690 |
| 52-Week High | 1.780 |
| Beta (5Y) | n/a |
| Holdings | 330 |
| Inception Date | Jan 2, 1997 |
About FVHIX
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. It may invest up to 100% of its total assets in debt securities that are rated below investment grade, also known as "junk bonds."
Fund Family Franklin Templeton Investments
Category High Yield
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FVHIX
Index ICE BofA US High Yield Constrained TR
Performance
FVHIX had a total return of 7.94% in the past year. Since the fund's inception, the average annual return has been 6.47%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGTMX | Fidelity | Fidelity Advisor High Income Fund - Class I | 0.92% |
| FGSMX | Fidelity | Fidelity Advisor High Income Fund - Class C | 1.92% |
| FAHEX | Fidelity | Fidelity Advisor High Income Advantage Fund - Class C | 1.96% |
| FSHNX | Fidelity | Fidelity Series High Income Fund | 0.15% |
| FGUMX | Fidelity | Fidelity Advisor High Income Fund - Class Z | 0.82% |
Top 10 Holdings
10.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Money Market Portfolio | INFXX | 2.35% |
| Martin Midstream Partners LP / Martin Midstream Finance Corp 11.5% | MMLP 11.5 02.15.28 144A | 1.18% |
| Wynn Resorts Finance Llc / Wynn Resorts Capital Corp 7.125% | WYNFIN 7.125 02.15.31 144A | 0.97% |
| Rain Carbon Inc 12.25% | RCOLIN 12.25 09.01.29 144A | 0.96% |
| EMRLD Borrower LP / Emerald Co-Issuer Inc. 6.625% | EMECLI 6.625 12.15.30 144A | 0.96% |
| Mauser Packaging Solutions Holding Co. 9.25% | BWY 9.25 04.15.27 144A | 0.94% |
| Carnival Corporation 5.75% | CCL 5.75 03.01.27 144A | 0.88% |
| R.R. Donnelley & Sons Co. 9.5% | RRD 9.5 08.01.29 144A | 0.82% |
| Smyrna Ready Mix Concrete LLC 8.875% | SMYREA 8.875 11.15.31 144A | 0.81% |
| Zegona Finance PLC 8.625% | ZEGLN 8.625 07.15.29 144A | 0.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 25, 2024 | $0.0092 | Nov 25, 2024 |
| Oct 28, 2024 | $0.0101 | Oct 28, 2024 |
| Sep 25, 2024 | $0.0092 | Sep 25, 2024 |
| Aug 27, 2024 | $0.0092 | Aug 27, 2024 |
| Jul 26, 2024 | $0.0095 | Jul 26, 2024 |
| Jun 25, 2024 | $0.0091 | Jun 25, 2024 |