Franklin High Income Adv
(FVHIX)
US Markets Closed
AdChoices
2.06
+0.02
+0.98%
:

Previous Close

2.04

Net Assets

1.49B

Yield

6.35%

Front load

None

Expenses

0.61%

Category

High-Yield Bond

Morningstar Risk

Average

Morningstar Rating ★★★★
AdChoices
Performance
Returns %
Key statistics
  • Composition
  • Performance
  • Top Holdings
  • Top Rated Funds
  • Fund vs. Category
Quarterly Returns
  • Annual

  • FVHIX

  • Category

    • 2013

    • 7.79%

    • -

    • 2012

    • 15.26%

    • -

    • 2011

    • 4.71%

    • -

    • 2010

    • 13.86%

    • -

    • 2013

    • 2012

    • 2011

      • Q1

      • 3.18%

      • 5.51%

      • 3.85%

      • Q2

      • -1.75%

      • 1.35%

      • 0.82%

      • Q3

      • 2.64%

      • 4.36%

      • -6.17%

      • Q4

      • 3.59%

      • 3.28%

      • 6.60%

      Composition
      Bond Investment Style
      The two dimensions of the Fund Style box measure the average size of companies that have been in the FUND, from the top to bottom, and the average valuation characteristics of the FUND's past stock holdings, from left to right.
      • Name

      • % Portfolio Weight

      • Shares Held

      • Change

        • Wind Acquisition Fin Sa 144A 7.375%

        • 1.05

        • 70,000,000

        • 70,000,000

        • Sprint Nextel 144A 9%

        • 1.02

        • 60,000,000

        • 0

        • Bk Of Amer Corporation FRN

        • 0.95

        • 60,000,000

        • 0

        • Chesapeake Engy 6.625%

        • 0.81

        • 50,000,000

        • 0

        • Samson Invt 144A 9.75%

        • 0.74

        • 50,000,000

        • 0

        • Hca 5.875%

        • 0.73

        • 50,000,000

        • 13,700,000

        • Engy Transfer Equity L P 7.5%

        • 0.73

        • 45,000,000

        • 0

        • Arcelormittal Sa Luxembourg 5.5%

        • 0.71

        • 46,800,000

        • 0

        • Texas Competitive Elec Hldgs 144A 11.5%

        • 0.70

        • 55,000,000

        • -5,000,000

        • Citigroup FRN

        • 0.68

        • 47,600,000

        • 47,600,000

        • Name

        • Rating

        • YTD Return %

          • Delaware Pooled High-Yield Bond

          • ★★★★★
          • 3.01

          • Ivy High Income Y

          • ★★★★★
          • 2.40

          • Federated Instl High Yield Bond Instl

          • ★★★★★
          • 2.47

          • Ivy High Income I

          • ★★★★★
          • 2.61

          • BlackRock High Yield Bond Inv C1

          • ★★★★★
          • 2.72

          • BlackRock High Yield Bond R

          • ★★★★★
          • 3.04

          • USAA High Income Institutional

          • ★★★★★
          • 5.03

          • Lord Abbett High Yield F

          • ★★★★★
          • 4.03

          • Voya High Yield Bond I

          • ★★★★★
          • 3.23

          • Loomis Sayles High Income Opps Instl

          • ★★★★★
          • 4.62

          • Name

          • FVHIX

          • Category

            • Expense Ratio

            • 0.61%

            • 1.09%

            • Net Assets

            • 1.49B

            • 449.28M

            • Dividend Yield

            • -

            • 1.21

            • Price/Book

            • -

            • 1.54

            • Price/Sales

            • -

            • 0.70

            • Price/Cash Flow

            • -

            • 3.98

            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. Under normal market conditions, 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. The fund may also invest in preferred stock.

            Purchase Information

            Initial Purchase 1,000,000
            Initial Purchase: IRA NA
            Initial Purchase: AIP NA
            Front load None
            Back Load None

            Inception

            12/31/1996