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Franklin High Income Trust

CIK: 0000002768 Fixed Income
Report date: 2026-02-25
AUM $2.9B
Expense Ratio
Category Fixed Income
State FL
Fiscal Year End
Inception Date
Manager
Latest Filing 2026-02-25

About this Fund

Franklin High Income Trust is a renowned mutual fund company that has been at the forefront of asset management, providing investors with a diverse range of investment options to cater to their unique financial goals and risk tolerance. As a leading player in the investment industry, the company specializes in offering a broad spectrum of mutual funds, including equity, debt, hybrid, and money market funds, thereby enabling investors to create a well-diversified portfolio. With a strong focus on wealth management, Franklin High Income Trust is committed to delivering high-quality investment solutions that help individuals, institutions, and financial advisors achieve their long-term financial objectives. The company's investment approach is centered around a rigorous research process, which involves a thorough analysis of market trends, economic conditions, and company-specific factors to identify attractive investment opportunities. By leveraging the expertise of its experienced investment team, Franklin High Income Trust is able to offer a range of mutual funds that cater to different investor needs, including those seeking regular income, long-term capital appreciation, or a combination of both. For instance, the company's high-income funds are designed to provide investors with a regular stream of income, while its equity funds are geared towards capital appreciation over the long term. Additionally, the company's systematic investment plan, or SIP, allows investors to invest a fixed amount of money at regular intervals, thereby helping them to accumulate wealth over time and navigate market volatility. What sets Franklin High Income Trust apart from its peers is its unwavering commitment to investor satisfaction, transparency, and accountability. The company's investment philosophy is built around a customer-centric approach, which emphasizes the importance of understanding investor needs, providing personalized solutions, and delivering exceptional customer service. As a result, investors have come to trust Franklin High Income Trust for its ability to manage their investments effectively, provide consistent returns, and help them achieve their financial goals. With its rich history, proven track record, and dedication to excellence, Franklin High Income Trust has established itself as a trusted partner for investors seeking to create a prosperous financial future. By offering a range of investment products, including mutual funds, exchange-traded funds, and separate accounts, the company is well-positioned to meet the evolving needs of its clients, while its commitment to responsible investing and environmental, social, and governance, or ESG, considerations reflects its dedication to creating long-term value for investors and society at large. Whether investors are seeking to build wealth, generate income, or preserve capital, Franklin High Income Trust is a reliable and experienced mutual fund company that can help them achieve their investment objectives and secure a brighter financial future.

Holdings

From latest SEC N-PORT filing · US-listed stocks only

60 positions
# Security Name CUSIP Asset Type Weight % Value ($M) Quantity
1 ATI ATI, Inc. Since 2026-05-10 01741RAN2 Debt
0.32%
$9.41 8,900,000
2 AMR Alpha Metallurgical Resources, Inc. Since 2026-05-10 020764106 Equity (Common)
0.03%
$0.87 4,346
3 GNL Global Net Lease, Inc. Since 2026-05-10 02608AAA7 Debt
0.49%
$14.27 14,500,000
4 AMPY Amplify Energy Corp. Since 2026-05-10 03212B103 Equity (Common)
0.00%
$0.04 8,816
5 ACA Arcosa, Inc. Since 2026-05-10 039653AA8 Debt
0.18%
$5.32 5,400,000
6 ACA Arcosa, Inc. Since 2026-05-10 039653AC4 Debt
0.12%
$3.49 3,300,000
7 AXON Axon Enterprise, Inc. Since 2026-05-10 05464CAD3 Debt
0.15%
$4.49 4,300,000
8 CACI CACI International, Inc. Since 2026-05-10 127190AE6 Debt
0.28%
$8.13 7,850,000
9 CZR Caesars Entertainment, Inc. Since 2026-05-10 12769GAA8 Debt
0.11%
$3.31 3,450,000
10 CZR Caesars Entertainment, Inc. Since 2026-05-10 12769GAB6 Debt
0.09%
$2.51 2,420,000
11 CZR Caesars Entertainment, Inc. Since 2026-05-10 12769GAD2 Debt
0.12%
$3.36 3,450,000
12 CLF Cleveland-Cliffs, Inc. Since 2026-05-10 185899AP6 Debt
0.22%
$6.39 6,225,000
13 CLF Cleveland-Cliffs, Inc. Since 2026-05-10 18589GAA3 Debt
0.37%
$10.83 10,360,000
14 CSTM Constellium SE Since 2026-05-10 21039CAB0 Debt
0.53%
$15.46 16,000,000
15 CSTM Constellium SE Since 2026-05-10 21039CAD6 Debt
0.11%
$3.32 3,200,000
16 DVA DaVita, Inc. Since 2026-05-10 23918KAS7 Debt
0.56%
$16.25 16,700,000
17 DVA DaVita, Inc. Since 2026-05-10 23918KAW8 Debt
0.28%
$8.02 7,700,000
18 DFH Dream Finders Homes, Inc. Since 2026-05-10 26154DAA8 Debt
0.21%
$6.20 6,000,000
19 ESI Element Solutions, Inc. Since 2026-05-10 28618MAA4 Debt
0.14%
$4.11 4,200,000
20 ECPG Encore Capital Group, Inc. Since 2026-05-10 292554AQ5 Debt
0.12%
$3.59 3,400,000
21 ECPG Encore Capital Group, Inc. Since 2026-05-10 292554AR3 Debt
0.34%
$9.90 9,200,000
22 FOR Forestar Group, Inc. Since 2026-05-10 346232AG6 Debt
0.41%
$11.75 11,510,000
23 GTN-A Gray Media, Inc. Since 2026-05-10 389286AA3 Debt
0.14%
$4.20 5,600,000
24 GTN-A Gray Media, Inc. Since 2026-05-10 389375AN6 Debt
0.26%
$7.61 7,330,000
25 GTN-A Gray Media, Inc. Since 2026-05-10 389375AP1 Debt
0.24%
$6.84 6,695,000
26 KBH KB Home Since 2026-05-10 48666KBA6 Debt
0.32%
$9.31 9,000,000
27 KGS Kodiak Gas Services LLC Since 2026-05-10 50012LAC8 Debt
0.44%
$12.80 12,300,000
28 KGS Kodiak Gas Services LLC Since 2026-05-10 50012LAD6 Debt
0.16%
$4.53 4,435,000
29 KGS Kodiak Gas Services LLC Since 2026-05-10 50012LAE4 Debt
0.09%
$2.69 2,610,000
30 LGIH LGI Homes, Inc. Since 2026-05-10 50187TAH9 Debt
0.51%
$14.82 14,200,000
31 MHO M/I Homes, Inc. Since 2026-05-10 55305BAV3 Debt
0.42%
$12.18 12,600,000
32 MRP Millrose Properties, Inc. Since 2026-05-10 601137AA0 Debt
0.74%
$21.48 20,975,000
33 MRP Millrose Properties, Inc. Since 2026-05-10 601137AB8 Debt
0.30%
$8.61 8,525,000
34 NRG NRG Energy, Inc. Since 2026-05-10 629377CY6 Debt
0.53%
$15.30 15,300,000
35 NRG NRG Energy, Inc. Since 2026-05-10 629377DD1 Debt
0.42%
$12.23 12,060,000
36 NBR Nabors Industries, Inc. Since 2026-05-10 62957HAP0 Debt
0.17%
$4.83 4,600,000
37 NBR Nabors Industries, Inc. Since 2026-05-10 62957HAQ8 Debt
0.33%
$9.61 9,900,000
38 NWL Newell Brands, Inc. Since 2026-05-10 651229BE5 Debt
0.04%
$1.12 1,150,000
39 NWL Newell Brands, Inc. Since 2026-05-10 651229BF2 Debt
0.05%
$1.42 1,450,000
40 NWL Newell Brands, Inc. Since 2026-05-10 651229BG0 Debt
0.21%
$5.98 5,700,000
41 GEN Gen Digital, Inc. Since 2026-05-10 668771AM0 Debt
0.15%
$4.40 4,250,000
42 OII Oceaneering International, Inc. Since 2026-05-10 675232AD4 Debt
0.21%
$6.09 6,000,000
43 OKE ONEOK, Inc. Since 2026-05-10 682680CQ4 Debt
0.07%
$2.17 2,100,000
44 PRAA PRA Group, Inc. Since 2026-05-10 69354NAD8 Debt
0.10%
$2.82 3,000,000
45 PRAA PRA Group, Inc. Since 2026-05-10 69354NAE6 Debt
0.33%
$9.54 9,300,000
46 PRAA PRA Group, Inc. Since 2026-05-10 69354NAF3 Debt
0.34%
$9.97 9,600,000
47 RCL Royal Caribbean Cruises Ltd. Since 2026-05-10 780153BK7 Debt
0.17%
$4.94 4,900,000
48 RCL Royal Caribbean Cruises Ltd. Since 2026-05-10 780153BU5 Debt
0.25%
$7.25 7,000,000
49 STWD Starwood Property Trust, Inc. Since 2026-05-10 85571BBG9 Debt
0.29%
$8.46 8,360,000
50 SNEX StoneX Group, Inc. Since 2026-05-10 861896AA6 Debt
0.32%
$9.17 8,600,000
51 TTMI TTM Technologies, Inc. Since 2026-05-10 87305RAK5 Debt
0.31%
$9.12 9,300,000
52 UAA Under Armour, Inc. Since 2026-05-10 904311AD9 Debt
0.16%
$4.66 4,640,000
53 VSAT Viasat, Inc. Since 2026-05-10 92552VAR1 Debt
0.32%
$9.33 9,800,000
54 W Wayfair LLC Since 2026-05-10 94419NAA5 Debt
0.14%
$3.97 3,800,000
55 W Wayfair LLC Since 2026-05-10 94419NAB3 Debt
0.44%
$12.83 12,000,000
56 W Wayfair LLC Since 2026-05-10 94419NAC1 Debt
0.27%
$7.88 7,655,000
57 WFRD Weatherford International Ltd. Since 2026-05-10 947075AU1 Debt
0.14%
$4.14 4,032,000
58 WFRD Weatherford International Ltd. Since 2026-05-10 947075AW7 Debt
0.38%
$11.01 10,740,000
59 XPO XPO, Inc. Since 2026-05-10 983793AK6 Debt
0.37%
$10.66 10,100,000
60 RCL Royal Caribbean Cruises Ltd. Since 2026-05-10 780153BV3 Debt
0.19%
$5.65 5,500,000
Frequently Asked Questions — Franklin High Income Trust
What type of mutual fund is Franklin High Income Trust?
Franklin High Income Trust is a SEC-registered Fixed Income fund, with $2.9B in assets under management. Fixed Income funds invest in bonds, government securities, and other debt instruments, seeking regular income and capital preservation. They are generally considered lower risk than equity funds but are sensitive to changes in interest rates — when rates rise, bond prices typically fall. Fixed income funds are commonly used by income-oriented investors or as a portfolio stabiliser alongside equities. As of its latest SEC N-PORT filing, Franklin High Income Trust holds 60 portfolio positions, all detailed in the holdings table on this page.
What are Franklin High Income Trust's assets under management (AUM)?
Franklin High Income Trust has $2.9B in assets under management (AUM) according to its most recent SEC N-PORT filing on StockSifting. AUM represents the total market value of all securities and other assets held by the fund as of the report date. A larger AUM generally signals a more established fund with greater institutional adoption, more trading liquidity, and potentially lower per-unit operational costs due to economies of scale. AUM changes daily as market prices fluctuate and as investors purchase or redeem fund shares — the figure shown here reflects the most recently available N-PORT disclosure, not the current real-time value. For the live figure, consult the fund's official website or its latest SEC EDGAR filing.
What are Franklin High Income Trust's top holdings?
According to Franklin High Income Trust's most recent SEC N-PORT filing, the fund's largest holdings by portfolio weight include ATI, Inc., Alpha Metallurgical Resources, Inc., Global Net Lease, Inc. , among others. The complete list of all 60 holdings — including CUSIP, asset type, portfolio weight percentage, dollar value, and share quantity — is available in the holdings table above. Holdings data is sourced directly from SEC EDGAR N-PORT filings and reflects the fund's positions as of the report date shown at the top of this page. Due to the 60-day SEC disclosure lag, these positions may differ from the fund's current portfolio. For the latest holdings before public release, refer to SEC EDGAR directly.
What is Franklin High Income Trust's expense ratio?
Expense ratio data for Franklin High Income Trust is not currently available in StockSifting's database. The expense ratio is the annual fee charged by a mutual fund as a percentage of your investment, covering management fees and operational costs. It is one of the most important factors affecting net long-term returns — lower expense ratios allow more of a fund's gross performance to flow through to investors. For the most accurate and current expense ratio, refer to the fund's official prospectus or its SEC EDGAR filings. You can also contact us if you believe this data should be present.
Where can I find Franklin High Income Trust's SEC filings?
Franklin High Income Trust is required to file monthly portfolio reports (Form N-PORT) with the U.S. Securities and Exchange Commission (SEC). Its SEC Central Index Key (CIK) is 0000002768. You can access all of Franklin High Income Trust's SEC filings — including N-PORT holdings disclosures, annual reports (Form N-CEN), and registration statements — directly on SEC EDGAR (CIK: 0000002768). N-PORT filings disclose the fund's complete portfolio holdings, fair value measurements, and certain risk metrics as of each filing period end date. StockSifting automatically parses these filings to populate the holdings table, AUM figures, and expense ratio displayed on this page, making the raw EDGAR data accessible without needing to download and parse XML files manually.
How current is Franklin High Income Trust's holdings data on StockSifting?
Holdings data for Franklin High Income Trust on StockSifting is sourced from its most recent SEC EDGAR N-PORT filing. Under SEC rules, registered investment companies must file N-PORT reports monthly, but these are made publicly available approximately 60 days after the reporting period end date. This means the holdings shown on this page reflect the fund's portfolio from roughly two months prior — not today's exact positions. The Report date displayed at the top of this page indicates exactly when the underlying data was current. If the fund has made significant portfolio changes since that date — responding to market events, earnings releases, or macro shifts — those changes will not be reflected here until the next N-PORT filing is released. For the most up-to-date holdings before the public disclosure window, refer to the fund's official website or SEC EDGAR directly. StockSifting is best used for fundamental research and historical portfolio analysis, not real-time trading decisions.