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High Yield Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-16-2025) |
$4.85 |
|---|---|
| Change |
$0.02
(0.35%)
|
As at April 30, 2025
As at January 31, 2025
Inception Return (February 17, 2003): 3.15%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | -1.14% | -2.38% | -0.41% | -1.15% | 4.44% | 6.28% | 5.49% | 2.96% | 4.59% | 2.81% | 2.96% | 2.59% | 4.02% | 2.53% |
| Benchmark | -3.14% | -3.02% | 1.75% | -1.14% | 10.68% | 10.50% | 9.40% | 5.13% | 5.71% | 4.35% | 5.08% | 4.24% | 6.06% | 5.82% |
| Category Average | -0.44% | -0.85% | 0.92% | 0.15% | 6.55% | 6.27% | 4.00% | 1.64% | 4.21% | 2.74% | 2.87% | 2.73% | 3.43% | 2.85% |
| Category Rank | 187 / 241 | 209 / 238 | 229 / 238 | 207 / 238 | 229 / 237 | 152 / 231 | 64 / 228 | 59 / 222 | 127 / 215 | 137 / 209 | 123 / 190 | 129 / 179 | 79 / 165 | 126 / 156 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 4 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.88% | 1.15% | 2.03% | 0.31% | 0.53% | -0.11% | 1.03% | -0.27% | 1.25% | 0.34% | -1.58% | -1.14% |
| Benchmark | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% | 2.08% | 1.94% | 0.36% | -0.24% | -3.14% |
9.13% (April 2009)
-13.91% (October 2008)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -11.10% | 16.84% | 4.65% | -5.39% | 11.08% | 3.02% | 3.31% | -8.42% | 10.80% | 8.29% |
| Benchmark | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% |
| Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
| Quartile Ranking | 4 | 1 | 3 | 4 | 3 | 4 | 3 | 1 | 2 | 2 |
| Category Rank | 150/ 150 | 16/ 164 | 112/ 172 | 172/ 183 | 104/ 207 | 161/ 214 | 155/ 218 | 47/ 225 | 73/ 231 | 99/ 237 |
16.84% (2016)
-11.10% (2015)
| Name | Percent |
|---|---|
| Cash and Equivalents | 69.51 |
| Foreign Corporate Bonds | 28.73 |
| Canadian Corporate Bonds | 0.72 |
| Foreign Government Bonds | 0.46 |
| US Equity | 0.30 |
| Other | 0.28 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 69.52 |
| Fixed Income | 30.14 |
| Financial Services | 0.30 |
| Other | 0.04 |
| Name | Percent |
|---|---|
| North America | 98.36 |
| Europe | 0.52 |
| Latin America | 0.46 |
| Other | 0.66 |
| Name | Percent |
|---|---|
| USD_CAD_20250428 | 64.28 |
| CAD Currency | 2.57 |
| USD Currency | 0.95 |
| Saturn Oil & Gas Inc 9.63% 15-Jun-2029 | 0.74 |
| Carnival Holdings Bermuda Ltd 10.38% 01-May-2028 | 0.64 |
| Lindblad Expeditions Hlds Inc 9.00% 15-May-2028 | 0.63 |
| Cerdia Finanz GmbH 9.38% 03-Oct-2031 | 0.63 |
| Live Nation Entertainment Inc 5.63% 15-Mar-2026 | 0.60 |
| United Wholesale Mortgage LLC 5.75% 15-Jun-2027 | 0.60 |
| Mativ Holdings Inc 8.00% 01-Oct-2029 | 0.58 |
Franklin High Income Fund Series A
Median
Other - High Yield Fixed Income
| Standard Deviation | 6.78% | 6.41% | 7.20% |
|---|---|---|---|
| Beta | 0.86% | 0.80% | 0.67% |
| Alpha | -0.02% | 0.00% | -0.01% |
| Rsquared | 0.63% | 0.66% | 0.38% |
| Sharpe | 0.24% | 0.36% | 0.15% |
| Sortino | 0.55% | 0.40% | -0.04% |
| Treynor | 0.02% | 0.03% | 0.02% |
| Tax Efficiency | 61.65% | 56.56% | 17.14% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.55% | 6.78% | 6.41% | 7.20% |
| Beta | 0.38% | 0.86% | 0.80% | 0.67% |
| Alpha | 0.01% | -0.02% | 0.00% | -0.01% |
| Rsquared | 0.38% | 0.63% | 0.66% | 0.38% |
| Sharpe | 0.19% | 0.24% | 0.36% | 0.15% |
| Sortino | 0.59% | 0.55% | 0.40% | -0.04% |
| Treynor | 0.02% | 0.02% | 0.03% | 0.02% |
| Tax Efficiency | 55.07% | 61.65% | 56.56% | 17.14% |
| Start Date | February 17, 2003 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $78 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| TML186 | ||
| TML188 | ||
| TML190 |
The Fund’s investment objective is to provide high current income and some long-term capital appreciation by investing primarily in high-yield, lower-rated debt instruments issued in the U.S. and anywhere else in the world.
The sub-advisor employs fundamental analysis in selecting investments for the Fund’s portfolio. The Fund invests primarily in non-investment-grade debt instruments and in preferred equity securities. The Fund may invest in debt instruments that are in default at the time of its investment. The Fund may invest in floating-rate debt instruments, TIPS, RRBs, ABS and MBS, and in hybrid securities, including preferred securities and convertible securities. The Fund may invest in syndicated loans.
| Portfolio Manager |
Franklin Templeton Investments Corp.
|
|---|---|
| Sub-Advisor |
Franklin Advisers, Inc. |
| Fund Manager |
Franklin Templeton Investments Corp. |
|---|---|
| Custodian |
JPMorgan Chase Bank |
| Registrar |
Franklin Templeton Investments Corp. |
| Distributor |
Franklin Templeton Investments Corp. |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.39% |
|---|---|
| Management Fee | 1.15% |
| Load | Choice of Front or No Load |
| FE Max | 6.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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