Franklin High Income Fund

Fund Profile

Fund profile

Tickers

FHAIX, FCHIX, FVHIX, FHIRX, FHRRX, FHQRX

Fund manager

Franklin High Income Trust

Total assets

$2.68 bn

Liabilities

$1.85 mm

Net assets

$2.67 bn

Number of holdings

319.00

Top 200 of 319 Holdings

As of Dec 2023

Security	$Holding	Balance	% of Fund	Category	Position	Country
Institutional Fiduciary Trust - Money Market Portfolio	66.63 mm	66.63 mm shares	2.49	Short-term investment vehicle	Long	USA
Martin Midstream Partners LP / Martin Midstream Finance Corp.	31.67 mm	30.80 mm principal	1.18	Debt	Long	USA
Mauser Packaging Solutions Holding Co.	29.48 mm	30.00 mm principal	1.10	Debt	Long	USA
Endeavor Energy Resources LP / EER Finance, Inc.	27.84 mm	27.80 mm principal	1.04	Debt	Long	USA
CCL Carnival Corporation & plc	23.43 mm	24.00 mm principal	0.88	Debt	Long	Panama
Smyrna Ready Mix Concrete LLC	21.99 mm	20.90 mm principal	0.82	Debt	Long	USA
Jaguar Land Rover Automotive plc	21.66 mm	22.20 mm principal	0.81	Debt	Long	UK
Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer LLC	21.33 mm	22.80 mm principal	0.80	Debt	Long	USA
PPC Pilgrim's Pride Corporation	21.18 mm	19.60 mm principal	0.79	Debt	Long	USA
Vistra Operations Co. LLC	21.02 mm	21.30 mm principal	0.79	Debt	Long	USA
ARI Apollo Commercial Real Estate Finance, Inc.	20.97 mm	24.90 mm principal	0.78	Debt	Long	USA
Emerald Debt Merger Sub LLC	20.96 mm	20.50 mm principal	0.78	Debt	Long	USA
CSC Holdings LLC	20.57 mm	21.00 mm principal	0.77	Debt	Long	USA
MPH Acquisition Holdings LLC	20.01 mm	24.60 mm principal	0.75	Debt	Long	USA
Rain Carbon, Inc.	18.60 mm	19.00 mm principal	0.70	Debt	Long	USA
CSI Compressco LP / CSI Compressco Finance, Inc.	18.50 mm	17.83 mm principal	0.69	Debt	Long	USA
Studio City Finance Ltd.	18.09 mm	21.50 mm principal	0.68	Debt	Long	Virgin Islands (British)
GPD Cos., Inc.	18.05 mm	19.50 mm principal	0.67	Debt	Long	USA
Dornoch Debt Merger Sub, Inc.	17.60 mm	19.50 mm principal	0.66	Debt	Long	USA
TLN Talen Energy Corporation	17.26 mm	269.74 k shares	0.65	Common equity	Long	USA
CSC Holdings LLC	17.22 mm	16.70 mm principal	0.64	Debt	Long	USA
Kedrion SpA	17.11 mm	18.70 mm principal	0.64	Debt	Long	Italy
Jefferson Capital Holdings LLC	16.86 mm	17.60 mm principal	0.63	Debt	Long	USA
Calderys Financing LLC	16.04 mm	15.30 mm principal	0.60	Debt	Long	USA
GGAM Finance Ltd.	15.95 mm	15.40 mm principal	0.60	Debt	Long	Cayman Islands
EquipmentShare.com, Inc.	15.86 mm	15.40 mm principal	0.59	Debt	Long	USA
Allwyn Entertainment Financing UK plc	15.85 mm	15.50 mm principal	0.59	Debt	Long	UK
Banijay Entertainment SASU	15.77 mm	15.30 mm principal	0.59	Debt	Long	France
Transocean, Inc.	15.69 mm	15.01 mm principal	0.59	Debt	Long	Cayman Islands
Eldorado Resorts, Inc.	15.65 mm	15.60 mm principal	0.59	Debt	Long	USA
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.	15.64 mm	15.00 mm principal	0.58	Debt	Long	USA
Vertiv Group Corp.	15.40 mm	16.40 mm principal	0.58	Debt	Long	USA
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC	15.27 mm	16.80 mm principal	0.57	Debt	Long	USA
Evergreen Acqco 1 LP / TVI, Inc.	15.25 mm	14.31 mm principal	0.57	Debt	Long	USA
JPMorgan Chase & Co., Series R	15.17 mm	15.00 mm principal	0.57	Debt	Long	USA
Royal Caribbean Cruises Ltd.	15.14 mm	13.90 mm principal	0.57	Debt	Long	Liberia
LGIH LGI Homes, Inc.	15.11 mm	14.20 mm principal	0.57	Debt	Long	USA
Prime Security Services Borrower LLC / Prime Finance, Inc.	14.94 mm	16.10 mm principal	0.56	Debt	Long	USA
THC Tenet Healthcare Corporation	14.78 mm	14.60 mm principal	0.55	Debt	Long	USA
Celanese US Holdings LLC	14.69 mm	14.00 mm principal	0.55	Debt	Long	USA
DVA DaVita Inc.	14.59 mm	16.70 mm principal	0.55	Debt	Long	USA
EFXT Enerflex Ltd.	14.58 mm	15.10 mm principal	0.55	Debt	Long	Canada
THC Tenet Healthcare Corporation	14.58 mm	14.50 mm principal	0.55	Debt	Long	USA
Constellium SE	14.54 mm	16.00 mm principal	0.54	Debt	Long	France
Altice France Holding SA	14.53 mm	22.40 mm principal	0.54	Debt	Long	Luxembourg
Harbour Energy plc	14.48 mm	14.80 mm principal	0.54	Debt	Long	UK
APX Group, Inc.	14.28 mm	15.30 mm principal	0.53	Debt	Long	USA
Camelot Finance SA	14.26 mm	14.60 mm principal	0.53	Debt	Long	Luxembourg
GT The Goodyear Tire & Rubber Company	14.19 mm	15.00 mm principal	0.53	Debt	Long	USA
Virgin Media Secured Finance plc	14.18 mm	15.90 mm principal	0.53	Debt	Long	UK
American Airlines, Inc. / AAdvantage Loyalty IP Ltd.	14.07 mm	14.17 mm principal	0.53	Debt	Long	USA
Adient Global Holdings Ltd.	13.88 mm	13.10 mm principal	0.52	Debt	Long	Jersey
PRG PROG Holdings, Inc.	13.84 mm	15.00 mm principal	0.52	Debt	Long	USA
Five Point Operating Co. LP / Five Point Capital Corp.	13.77 mm	13.90 mm principal	0.52	Debt	Long	USA
CIVI Civitas Resources, Inc.	13.64 mm	12.80 mm principal	0.51	Debt	Long	USA
Chesapeake Energy Corp.	13.44 mm	13.30 mm principal	0.50	Debt	Long	USA
CIVI Civitas Resources, Inc.	13.38 mm	12.80 mm principal	0.50	Debt	Long	USA
Global Net Lease, Inc. / Global Net Lease Operating Partnership LP	13.30 mm	15.90 mm principal	0.50	Debt	Long	USA
Venture Global LNG, Inc.	13.04 mm	12.90 mm principal	0.49	Debt	Long	USA
CQP Cheniere Energy Partners, L.P.	13.02 mm	14.30 mm principal	0.49	Debt	Long	USA
IRM Iron Mountain Incorporated	12.96 mm	12.60 mm principal	0.48	Debt	Long	USA
Fertitta Entertainment LLC, Term Loan B	12.89 mm	12.87 mm principal	0.48	Loan	Long	USA
Grand Canyon University	12.82 mm	14.30 mm principal	0.48	Debt	Long	USA
First Student Bidco, Inc. / First Transit Parent, Inc.	12.76 mm	14.70 mm principal	0.48	Debt	Long	USA
Jones Deslauriers Insurance Management, Inc.	12.67 mm	12.00 mm principal	0.47	Debt	Long	Canada
BRBR BellRing Brands, Inc.	12.64 mm	12.20 mm principal	0.47	Debt	Long	USA
Coty, Inc. / HFC Prestige Products, Inc. / HFC Prestige International US LLC	12.54 mm	12.20 mm principal	0.47	Debt	Long	USA
Viper Energy, Inc.	12.54 mm	12.10 mm principal	0.47	Debt	Long	USA
XPO XPO Logistics, Inc.	12.50 mm	12.10 mm principal	0.47	Debt	Long	USA
ENLC EnLink Midstream, LLC	12.47 mm	12.20 mm principal	0.47	Debt	Long	USA
PMHC II, Inc., Term Loan	12.43 mm	12.94 mm principal	0.46	Loan	Long	USA
ATI ATI Inc.	12.40 mm	11.90 mm principal	0.46	Debt	Long	USA
CPNLQ Calpine Corp	12.38 mm	12.90 mm principal	0.46	Debt	Long	USA
CNC Centene Corporation	12.25 mm	12.70 mm principal	0.46	Debt	Long	USA
Necessity Retail REIT, Inc. (The) / American Finance Operating Partner LP	12.23 mm	14.50 mm principal	0.46	Debt	Long	USA
TLN Talen Energy Corporation	11.96 mm	186.91 k shares	0.45	Common equity	Long	USA
GTLS Chart Industries, Inc.	11.93 mm	11.40 mm principal	0.45	Debt	Long	USA
Sirius XM Radio, Inc.	11.66 mm	12.60 mm principal	0.44	Debt	Long	USA
CPNLQ Calpine Corp	11.61 mm	12.20 mm principal	0.43	Debt	Long	USA
Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.	11.60 mm	13.20 mm principal	0.43	Debt	Long	USA
Ashton Woods USA LLC / Ashton Woods Finance Co.	11.58 mm	13.00 mm principal	0.43	Debt	Long	USA
CITGO Petroleum Corp.	11.53 mm	11.20 mm principal	0.43	Debt	Long	USA
Weatherford International Ltd.	11.49 mm	11.00 mm principal	0.43	Debt	Long	Bermuda
athenahealth Group, Inc., Term Loan	11.47 mm	11.50 mm principal	0.43	Loan	Long	USA
GGAM Finance Ltd.	11.39 mm	11.10 mm principal	0.43	Debt	Long	Cayman Islands
MHO M/I Homes, Inc.	11.23 mm	12.60 mm principal	0.42	Debt	Long	USA
Ardagh Packaging Finance plc / Ardagh Holdings USA, Inc.	11.10 mm	11.40 mm principal	0.41	Debt	Long	USA
Carnival Holdings Bermuda Ltd.	10.89 mm	10.00 mm principal	0.41	Debt	Long	USA
AmeriTex HoldCo Intermediate LLC	10.78 mm	10.50 mm principal	0.40	Debt	Long	USA
Consolidated Energy Finance SA	10.77 mm	12.70 mm principal	0.40	Debt	Long	Luxembourg
Mauser Packaging Solutions Holding Co.	10.70 mm	10.50 mm principal	0.40	Debt	Long	USA
Primo Water Holdings, Inc.	10.61 mm	11.50 mm principal	0.40	Debt	Long	USA
BLCO Bausch + Lomb Corporation	10.56 mm	10.00 mm principal	0.39	Debt	Long	Canada
Eco Material Technologies, Inc.	10.51 mm	10.50 mm principal	0.39	Debt	Long	USA
OneMain Finance Corp.	10.51 mm	10.40 mm principal	0.39	Debt	Long	USA
FOR Forestar Group Inc.	10.49 mm	11.00 mm principal	0.39	Debt	Long	USA
Iliad Holding SASU	10.36 mm	10.40 mm principal	0.39	Debt	Long	France
CCO Holdings LLC / CCO Holdings Capital Corp.	10.29 mm	10.90 mm principal	0.38	Debt	Long	USA
Sensata Technologies BV	10.23 mm	11.00 mm principal	0.38	Debt	Long	Netherlands
McAfee Corp., Term Loan B-1	10.23 mm	10.24 mm principal	0.38	Loan	Long	USA
MPT Operating Partnership LP / MPT Finance Corp.	10.20 mm	11.40 mm principal	0.38	Debt	Long	USA
Teva Pharmaceutical Finance Netherlands III BV	10.16 mm	10.60 mm principal	0.38	Debt	Long	Netherlands
MPT Operating Partnership LP / MPT Finance Corp.	10.15 mm	16.20 mm principal	0.38	Debt	Long	USA
Delta Air Lines, Inc. / SkyMiles IP Ltd.	10.04 mm	10.20 mm principal	0.38	Debt	Long	USA
CNC Centene Corporation	10.01 mm	12.00 mm principal	0.37	Debt	Long	USA
RRX Regal Rexnord Corporation	9.96 mm	9.70 mm principal	0.37	Debt	Long	USA
HEES H&E Equipment Services, Inc.	9.92 mm	10.90 mm principal	0.37	Debt	Long	USA
Energy Transfer LP	9.91 mm	9.90 mm principal	0.37	Debt	Long	USA
Michaels Cos., Inc. (The)	9.84 mm	15.60 mm principal	0.37	Debt	Long	USA
Venture Global LNG, Inc.	9.81 mm	9.80 mm principal	0.37	Debt	Long	USA
Directv Financing LLC / Directv Financing Co-Obligor, Inc.	9.78 mm	10.40 mm principal	0.37	Debt	Long	USA
UBS Group AG	9.77 mm	9.90 mm principal	0.37	Debt	Long	Switzerland
Medline Borrower LP	9.72 mm	10.30 mm principal	0.36	Debt	Long	USA
Garden Spinco Corp.	9.63 mm	9.00 mm principal	0.36	Debt	Long	USA
Nabors Industries Ltd.	9.53 mm	9.90 mm principal	0.36	Debt	Long	Bermuda
DFH Dream Finders Homes, Inc.	9.52 mm	9.00 mm principal	0.36	Debt	Long	USA
CCO Holdings LLC / CCO Holdings Capital Corp.	9.48 mm	10.50 mm principal	0.35	Debt	Long	USA
Vibrantz Technologies, Inc.	9.37 mm	11.80 mm principal	0.35	Debt	Long	USA
VTLE Vital Energy, Inc.	9.34 mm	9.00 mm principal	0.35	Debt	Long	USA
KBH KB Home	9.33 mm	9.00 mm principal	0.35	Debt	Long	USA
VTLE Vital Energy, Inc.	9.25 mm	9.00 mm principal	0.35	Debt	Long	USA
Station Casinos LLC	9.25 mm	9.80 mm principal	0.35	Debt	Long	USA
GT The Goodyear Tire & Rubber Company	9.24 mm	9.10 mm principal	0.35	Debt	Long	USA
Greystar Real Estate Partners LLC	9.23 mm	8.80 mm principal	0.35	Debt	Long	USA
OI European Group BV	9.18 mm	9.80 mm principal	0.34	Debt	Long	Netherlands
Royal Caribbean Cruises Ltd.	9.12 mm	9.20 mm principal	0.34	Debt	Long	Liberia
DISH DBS Corp.	9.10 mm	9.70 mm principal	0.34	Debt	Long	USA
Kinetik Holdings LP	9.04 mm	9.20 mm principal	0.34	Debt	Long	USA
PRAA PRA Group, Inc.	8.96 mm	9.30 mm principal	0.34	Debt	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	8.91 mm	10.70 mm principal	0.33	Debt	Long	USA
IT Gartner, Inc.	8.83 mm	9.30 mm principal	0.33	Debt	Long	USA
TransDigm, Inc.	8.71 mm	8.50 mm principal	0.33	Debt	Long	USA
FMG Resources August 2006 Pty. Ltd.	8.70 mm	9.50 mm principal	0.33	Debt	Long	Australia
MCFE McAfee Corp.	8.60 mm	9.40 mm principal	0.32	Debt	Long	USA
TTMI TTM Technologies, Inc.	8.46 mm	9.30 mm principal	0.32	Debt	Long	USA
HBI Hanesbrands Inc.	8.44 mm	8.60 mm principal	0.32	Debt	Long	USA
VM Consolidated, Inc.	8.32 mm	8.80 mm principal	0.31	Debt	Long	USA
T-Mobile USA, Inc.	8.29 mm	9.20 mm principal	0.31	Debt	Long	USA
RRX Regal Rexnord Corporation	8.24 mm	7.90 mm principal	0.31	Debt	Long	USA
Hexion Holdings Corp., First Lien Term Loan	8.23 mm	8.55 mm principal	0.31	Loan	Long	USA
Adient Global Holdings Ltd.	8.17 mm	7.90 mm principal	0.31	Debt	Long	Jersey
DISH DBS Corp.	7.99 mm	10.00 mm principal	0.30	Debt	Long	USA
THC Tenet Healthcare Corporation	7.92 mm	8.50 mm principal	0.30	Debt	Long	USA
CCO Holdings LLC / CCO Holdings Capital Corp.	7.90 mm	8.00 mm principal	0.30	Debt	Long	USA
Hexion Holdings Corp., Second Lien Term Loan	7.88 mm	9.28 mm principal	0.29	Loan	Long	USA
TransDigm, Inc.	7.87 mm	7.50 mm principal	0.29	Debt	Long	USA
OneMain Finance Corp.	7.72 mm	7.30 mm principal	0.29	Debt	Long	USA
Clearway Energy Operating LLC	7.68 mm	8.80 mm principal	0.29	Debt	Long	USA
1011778 BC ULC / New Red Finance, Inc.	7.63 mm	8.50 mm principal	0.29	Debt	Long	Canada
VICI Properties LP / VICI Note Co., Inc.	7.56 mm	8.00 mm principal	0.28	Debt	Long	USA
US Foods, Inc.	7.52 mm	7.20 mm principal	0.28	Debt	Long	USA
Cablevision Lightpath LLC	7.47 mm	8.50 mm principal	0.28	Debt	Long	USA
CCL Carnival Corporation & plc	7.44 mm	7.30 mm principal	0.28	Debt	Long	Panama
Presidio Holdings, Inc.	7.36 mm	7.50 mm principal	0.28	Debt	Long	USA
Calumet Specialty Products Partners LP / Calumet Finance Corp.	7.28 mm	7.40 mm principal	0.27	Debt	Long	USA
Novelis Corp.	7.25 mm	7.70 mm principal	0.27	Debt	Long	USA
Outfront Media Capital LLC / Outfront Media Capital Corp.	7.23 mm	8.00 mm principal	0.27	Debt	Long	USA
Ashton Woods USA LLC / Ashton Woods Finance Co.	7.18 mm	8.00 mm principal	0.27	Debt	Long	USA
OneMain Finance Corp.	7.13 mm	7.60 mm principal	0.27	Debt	Long	USA
United Wholesale Mortgage LLC	7.06 mm	7.10 mm principal	0.26	Debt	Long	USA
Caesars Resort Collection LLC / CRC Finco, Inc.	7.00 mm	7.00 mm principal	0.26	Debt	Long	USA
Teva Pharmaceutical Finance Netherlands III BV	6.99 mm	6.40 mm principal	0.26	Debt	Long	Netherlands
CZR Caesars Entertainment, Inc.	6.98 mm	6.80 mm principal	0.26	Debt	Long	USA
MODV ModivCare Inc.	6.96 mm	8.50 mm principal	0.26	Debt	Long	USA
Ritchie Bros Holdings, Inc.	6.94 mm	6.50 mm principal	0.26	Debt	Long	USA
Teva Pharmaceutical Finance Netherlands III BV	6.91 mm	6.40 mm principal	0.26	Debt	Long	Netherlands
Clearway Energy Operating LLC	6.75 mm	7.00 mm principal	0.25	Debt	Long	USA
Ritchie Bros Holdings, Inc.	6.49 mm	6.30 mm principal	0.24	Debt	Long	USA
VICI Properties LP / VICI Note Co., Inc.	6.44 mm	7.00 mm principal	0.24	Debt	Long	USA
Birch Permian Holdings, Inc.	6.37 mm	611.91 k shares	0.24	Common equity	Long	USA
Ardagh Packaging Finance plc / Ardagh Holdings USA, Inc.	6.30 mm	8.10 mm principal	0.24	Debt	Long	USA
LABL, Inc.	6.27 mm	6.20 mm principal	0.23	Debt	Long	USA
WMS Advanced Drainage Systems, Inc.	6.25 mm	6.20 mm principal	0.23	Debt	Long	USA
RHP Hotel Properties LP / RHP Finance Corp.	6.24 mm	6.00 mm principal	0.23	Debt	Long	USA
Altice France SA	6.18 mm	7.50 mm principal	0.23	Debt	Long	France
Clearway Energy Operating LLC	6.17 mm	7.00 mm principal	0.23	Debt	Long	USA
Nabors Industries, Inc.	6.08 mm	6.20 mm principal	0.23	Debt	Long	USA
IRM Iron Mountain Incorporated	6.07 mm	6.40 mm principal	0.23	Debt	Long	USA
RHP Hotel Properties LP / RHP Finance Corp.	6.05 mm	6.50 mm principal	0.23	Debt	Long	USA
Vistra Operations Co. LLC	5.92 mm	5.70 mm principal	0.22	Debt	Long	USA
BHC Bausch Health Companies Inc.	5.91 mm	9.80 mm principal	0.22	Debt	Long	Canada
1375209 BC Ltd.	5.88 mm	6.02 mm principal	0.22	Debt	Long	Canada
Rocket Software, Inc.	5.84 mm	6.70 mm principal	0.22	Debt	Long	USA
OII Oceaneering International, Inc.	5.82 mm	6.00 mm principal	0.22	Debt	Long	USA
GLT Glatfelter Corporation	5.78 mm	8.20 mm principal	0.22	Debt	Long	USA
Royal Caribbean Cruises Ltd.	5.75 mm	5.80 mm principal	0.21	Debt	Long	Liberia
Jane Street Group / JSG Finance, Inc.	5.70 mm	6.10 mm principal	0.21	Debt	Long	USA
BHC Bausch Health Companies Inc.	5.61 mm	7.69 mm principal	0.21	Debt	Long	Canada
CommScope, Inc.	5.57 mm	11.70 mm principal	0.21	Debt	Long	USA
Trivium Packaging Finance BV	5.50 mm	5.60 mm principal	0.21	Debt	Long	Netherlands
CHS/Community Health Systems, Inc.	5.49 mm	5.90 mm principal	0.21	Debt	Long	USA
CHS/Community Health Systems, Inc.	5.45 mm	6.50 mm principal	0.20	Debt	Long	USA
CHS/Community Health Systems, Inc.	5.44 mm	5.20 mm principal	0.20	Debt	Long	USA
Hilcorp Energy I LP / Hilcorp Finance Co.	5.41 mm	5.10 mm principal	0.20	Debt	Long	USA
CHS/Community Health Systems, Inc.	5.41 mm	6.00 mm principal	0.20	Debt	Long	USA
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer	5.39 mm	5.40 mm principal	0.20	Debt	Long	USA
Venture Global Calcasieu Pass LLC	5.36 mm	5.90 mm principal	0.20	Debt	Long	USA
IT Gartner, Inc.	5.31 mm	6.00 mm principal	0.20	Debt	Long	USA
Boyne USA, Inc.	5.27 mm	5.60 mm principal	0.20	Debt	Long	USA
LVS Las Vegas Sands Corp.	5.20 mm	5.30 mm principal	0.19	Debt	Long	USA