Fixed Income
FCHIX Franklin High Income Fund
- Diversified portfolio. We invest in hundreds of securities representing various industries, thereby helping to reduce the potential negative impact any one security or sector may have on the fund's overall performance.
- Extensive track record. With performance dating back to 1969, our fund has navigated a variety of economic environments.
- Global fixed income expertise. Investors have full access to the research resources of the Franklin Templeton Fixed Income.
Popular Documents
Overview
Fund Facts
Fund description
The fund seeks a high level of current income, with a secondary focus on capital appreciation, by investing predominantly in higher-yielding, lower-rated corporate bonds.
- Benchmark
- ICE BofA US High Yield Constrained Index
- Dividend Frequency, if any
- Monthly
- Fund Inception Date
- 12/31/1969
- Distribution Rate at NAV
As of 06/09/2026 (Updated Daily) - 5.56%
- Effective Duration
As of 05/31/2026 (Updated Monthly) - 2.79 Years
Sales Charges, Expenses & Fees
- Gross Expense Ratio
- 1.25%
- Net Expense Ratio
- 1.24%
- Maximum Initial Charge
- —
- CDSC
- 1.00%
- 12b-1 Fee
- 0.65%
Identifiers
- Ticker
- FCHIX
- Fund Number
- 205
- CUSIP Code
- 353538200
Top Sectors
As of 05/31/2026 % of Total (Updated Monthly)
Finance15.48% | |
Energy12.57% | |
Technology7.54% | |
Health Care7.27% | |
Media Non Cable6.13% |
Additional Fund Info
- Share Class Inception Date
- 05/16/1995
- Investment Style
- High Yield
- Lipper Classification
- High Yield Funds
- Morningstar Category
- High Yield Bond
Manager and Commentary
About the Team
Franklin Templeton Fixed Income
A global leader in fixed income, the team strives to provide consistent and resilient returns by combining deep fundamental research with rigorous portfolio construction. This solutions-driven approach means maintaining portfolio and risk exposures that align with client expectations.
Commentary Highlights
March 31, 2026Access the latest commentary, performance review and market outlook in one place.