Franklin High Income Fund Quote
| FHAIX Fund | USD 1.75 0.01 0.57% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Franklin High is trading at 1.75 as of the 29th of November 2024; that is 0.57% down since the beginning of the trading day. The fund's open price was 1.76. Franklin High has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Franklin High Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of December 2022 and ending today, the 29th of November 2024. Click here to learn more.
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. More on Franklin High Income
Franklin Mutual Fund Highlights
| Thematic Idea | Aggressive Funds (View all Themes) |
| Fund Concentration | Franklin Templeton Investments Funds, Large Funds, High Yield Bond Funds, Aggressive Funds, High Yield Bond, Franklin Templeton Investments, Large, High Yield Bond (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of February 2023 |
| Fiscal Year End | May |
Franklin High Income [FHAIX] is traded in USA and was established 29th of November 2024. Franklin High is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Franklin Templeton Investments family. The entity is thematically classified as Aggressive Funds. This fund currently has accumulated 2.58 B in assets under management (AUM) with no minimum investment requirementsFranklin High Income is currently producing year-to-date (YTD) return of 7.91% with the current yeild of 0.01%, while the total return for the last 3 years was 3.95%.
Check Franklin High Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin High Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Franklin High Income Mutual Fund Constituents
| HYG | iShares iBoxx High | Etf | High Yield Bond | |
| INFXX | Institutional Fiduciary Trust | Money Market Fund | US Money Market Fund |
Franklin High Income Risk Profiles
| Mean Deviation | 0.0853 | |||
| Standard Deviation | 0.212 | |||
| Variance | 0.045 | |||
| Risk Adjusted Performance | 0.006 |
Franklin High Against Markets
Other Information on Investing in Franklin Mutual Fund
Franklin High financial ratios help investors to determine whether Franklin Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Franklin with respect to the benefits of owning Franklin High security.
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