Franklin High Income Fund adjusted its dividend in December 2015 as follows: Class A from $0.0100 to $0.0093 per share; Class C from $0.0092 to $0.0085 per share; Class R from $0.0094 to $0.0087 per share; Class R6 from $0.0104 to $0.0098 per share and Advisor Class from $0.0102 to $0.0096 per share. Dividends vary based on the fund's income. Past dividends are not indicative of future trends.
|Investment Category||High Yield|
|CUSIP||353 538 101|
|Inception Date||Dec 31, 1969|
|Total Net Assets (all share classes) As of 01/31/2016||$4,302.9 (M)|
|Distribution Rate at NAV As of 02/10/2016||
|30-Day Standardized yield As of 01/31/2016 (updated monthly)|
|Gross Expense Ratio||
|Net Expense Ratio||
|Max Initial Sales Charge||
The Fund's assets are generally invested in domestic and foreign high-yield, lower-rated corporate bonds (commonly called junk bonds).
|Historical Style||Historical Style Current Style||Low|
All investments involve risks, including possible loss of principal. The risks associated with higher-yielding, lower-rated securities include higher risk of default and loss of principal. Changes in the financial strength of a bond issuer or in a bond’s credit rating may affect its value. In addition, interest rate movements will affect the fund’s share price and yield. Bond prices generally move in the opposite direction of interest rates. Thus, as the prices of bonds in the fund adjust to a rise in interest rates, the fund’s share price may decline. Investment in foreign securities also involves special risks, including currency fluctuations, and political and economic uncertainty. These and other risk considerations are discussed in the fund’s prospectus.
Speak to your financial advisor about whether this fund is appropriate for you. If you don't have a financial advisor, request a referral.
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