Franklin High Yield Corporate Bond Fund (FLHY)
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Franklin High Yield Corporate Bond Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 856 | $20,523.46 | $20,736.6 | $213.14 | 1.04% |
 Jeff Ameen Spire Wealth Management | 8,461 | $204,546.95 | $204,586.98 | $40.03 | 0.02% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 879 | $21,403.65 | $21,284.98 | -$118.67 | -0.55% |
 Amanda Hawley Atria Wealth Solutions Inc. | 113,985 | $2.74M | $2.76M | $23,267.33 | 0.85% |
 Christopher C. Powers Farther Finance Advisors, LLC | 49,293 | $1.19M | $1.19M | $6,049.3 | 0.51% |
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Franklin High Yield Corporate Bond Fund Profile
| BATS Exchange | US Country |
Overview
This company is focused on providing its clients with investment opportunities primarily in the high yield corporate debt securities market. It aims to allocate at least 80% of its net assets into high yield corporate debt securities and instruments that offer exposure to such securities. The company's investment strategy allows for flexibility, with the potential to allocate up to 100% of its total assets to high yield debt securities. It offers a global reach in its investment approach, including the potential for investments in U.S. and foreign issuers as well as in developing or emerging markets. The securities may be denominated in U.S. dollars or other currencies, offering a diversified range of investment options to its clientele.
Products and Services
- High Yield Corporate Debt Securities
The cornerstone of the company's investment portfolio, focusing on high yield corporate debt securities. These are investments in companies with lower credit ratings compared to investment-grade securities, aiming to provide higher yield in exchange for a higher risk. This includes bonds and debt instruments that are not rated as investment-grade.
- Exposure to High Yield Corporate Debt Securities
Aside from direct investments in high yield corporate debt securities, the company employs various financial instruments and strategies to gain exposure to these assets. This may include derivatives, loan participations, and other investment vehicles that replicate the performance and risk profile of high yield corporate bonds.
- Investments in U.S. and Foreign Issuers
The company's portfolio is diversified across various geographic locations, including investments in both U.S. and non-U.S. issuers. This broadens the investment opportunities and diversifies the risk associated with the concentration of investments in a single country or economic region.
- Developing and Emerging Markets
Part of the investment strategy includes allocating resources to developing or emerging markets. These markets often present higher growth potential albeit with increased risk, offering an attractive risk-reward ratio for investors looking to diversify their portfolios and achieve higher returns.
- U.S. Dollar and Non-U.S. Dollar Denominated Securities
The company offers investments in securities that are denominated in both U.S. dollars and other currencies. This allows for currency diversification, which can help hedge against currency risk and take advantage of fluctuations in exchange rates.
