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Franklin High Income Adv

FVHIX
=
1.83
0.00
0.00%
9/26/2016
5 Years
  • Previous Close

    1.83

  • Net Assets

    468.47M

  • Yield

    6.33%

  • Front load

    None

  • Expenses

    0.62%

  • Category

    High-Yield Bond

  • Morningstar Risk

    Above Average

  • Morningstar Rating ★★★
Profile

Name of Issuer

Franklin Templeton Investments

Fund Style

Open

Fund Manager

Christopher Molumphy

Investment Style

-

The investment seeks to earn a high level of current income; its secondary goal is to seek capital appreciation to the extent it is possible and consistent with the fund's principal goal. 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."

Purchase Information

Initial Purchase 100,000
Initial Purchase: IRA NA
Initial Purchase: AIP NA

Inception

12/31/1996

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