Franklin High Income Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1969
Fund without Sales Charge (%) (NAV) 5.64 3.83 3.68 6.06 7.50
Fund with Sales Charge (%) (POP) 1.70 2.59 2.88 5.67 7.42
Credit Suisse High Yield Index (%) 5.40 4.43 5.02 6.99
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1969
Fund without Sales Charge (%) (NAV) 14.28 5.70 4.69 6.32 7.57
Fund with Sales Charge (%) (POP) 9.81 4.40 3.86 5.94 7.48
Credit Suisse High Yield Index (%) 14.00 6.01 6.05 7.36

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 14.28 -3.19 6.73 19.32 -10.74 -0.39 7.64 15.71 4.55 13.14
Fund with Sales Charge (%) (POP) 9.81 -6.67 2.33 14.49 -14.62 -4.47 3.20 10.58 0.05 8.59
Credit Suisse High Yield Index (%) 14.00 -2.37 7.03 18.39 -4.90 1.86 7.53 14.71 5.47 14.42

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1969
Fund without Sales Charge (%) (NAV) -1.80 5.64 11.92 19.83 80.03 3,666.63
Fund with Sales Charge (%) (POP) -5.36 1.70 7.97 15.26 73.64 3,525.98
Credit Suisse High Yield Index (%) -1.83 5.40 13.88 27.77 96.52
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1969
Fund without Sales Charge (%) (NAV) 14.28 14.28 18.08 25.76 84.57 3,735.60
Fund with Sales Charge (%) (POP) 9.81 9.81 13.79 20.88 78.04 3,592.37
Credit Suisse High Yield Index (%) 14.00 14.00 19.12 34.12 103.36

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.30 1.47 1.17 3.39
Fund without Sales Charge (%) (NAV) After Shares Sold 3.32 1.88 1.64 3.52
Fund with Sales Charge (%) (POP) Before Shares Sold -0.54 0.26 0.38 3.01
Fund with Sales Charge (%) (POP) After Shares Sold 1.00 0.95 1.03 3.21
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 11.74 3.29 2.14 3.64
Fund without Sales Charge (%) (NAV) After Shares Sold 8.39 3.28 2.39 3.71
Fund with Sales Charge (%) (POP) Before Shares Sold 7.37 2.02 1.33 3.27
Fund with Sales Charge (%) (POP) After Shares Sold 5.75 2.29 1.75 3.40

SALES CHARGE, EXPENSES & FEES As of 10/01/2019 (updated annually)

Gross Expense Ratio 0.77%
Net Expense Ratio [further-information] 0.76%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 1.02
Sharpe Ratio 0.48
Standard Deviation 4.49

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Credit Suisse High Yield Index