Franklin High Income Fund (FHAIX) Alternatives

Franklin High Income Fund (FHAIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FHAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to FHAIX

FHAIX charges 0.77% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among FHAIX alternatives.

Symbol	Name	Expense Ratio	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	Dec 24, 2008	FHAIX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.13%	Nov 12, 2001	FHAIX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	Dec 26, 2017	FHAIX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.23%	Dec 27, 1978	FHAIX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	Nov 22, 2020	FHAIX vs CRDOX

Best Risk-Adjusted Alternatives to FHAIX

Among mutual funds in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
XILSX	Pioneer ILS Interval Fund	100	Dec 16, 2014	FHAIX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	Mar 6, 2019	FHAIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	Sep 30, 2010	FHAIX vs RPHIX
PRFRX	T. Rowe Price Floating Rate Fund	99	Jul 29, 2011	FHAIX vs PRFRX
PRCPX	T. Rowe Price Credit Opportunities Fund	98	Apr 29, 2014	FHAIX vs PRCPX

Top Performing FHAIX Alternatives (YTD)

FHAIX alternatives from the High Yield Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
FOCIX	Fairholme Focused Income Fund	6.93%	Dec 31, 2009	FHAIX vs FOCIX
XILSX	Pioneer ILS Interval Fund	5.18%	Dec 16, 2014	FHAIX vs XILSX
RPHIX	RiverPark Short Term High Yield Fund	1.02%	Sep 30, 2010	FHAIX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	0.96%	Mar 6, 2019	FHAIX vs CCLFX
FQTIX	Franklin Templeton SMACS: Series I	0.52%	Jun 3, 2019	FHAIX vs FQTIX

Lowest Volatility Alternatives to FHAIX

FHAIX alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
RPHIX	RiverPark Short Term High Yield Fund	0.97%	Sep 30, 2010	FHAIX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	0.97%	Mar 6, 2019	FHAIX vs CCLFX
CWFIX	Chartwell Short Duration High Yield Fund	1.71%	Jul 15, 2014	FHAIX vs CWFIX
CPMPX	Changing Parameters Fund	1.90%	Oct 2, 2006	FHAIX vs CPMPX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.96%	Oct 31, 2012	FHAIX vs SCFIX

Lowest Drawdown Alternatives to FHAIX

FHAIX alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
XILSX	Pioneer ILS Interval Fund	-0.21%	Dec 16, 2014	FHAIX vs XILSX
RPHIX	RiverPark Short Term High Yield Fund	-0.41%	Sep 30, 2010	FHAIX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.46%	Mar 6, 2019	FHAIX vs CCLFX
THHYX	Toews Tactical Income Fund	-1.12%	Jun 4, 2010	FHAIX vs THHYX
CPMPX	Changing Parameters Fund	-1.31%	Oct 2, 2006	FHAIX vs CPMPX

Other Mutual Funds from Franklin Templeton

Most popular Franklin Templeton mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FKDNX	Franklin DynaTech Fund	Large Cap Growth Equities	21	-15.24%	Jan 2, 1968	FHAIX vs FKDNX
FKRCX	Franklin Gold and Precious Metals Fund	Precious Metals	94	-2.21%	May 18, 1969	FHAIX vs FKRCX
FKINX	Franklin Income Fund Class A1	Diversified Portfolio	82	2.15%	—	FHAIX vs FKINX
FKGRX	Franklin Growth Fund	Large Cap Growth Equities	30	-8.53%	Apr 1, 1948	FHAIX vs FKGRX
FRDPX	Franklin Rising Dividends Fund	Large Cap Blend Equities	28	-4.58%	Jan 14, 1987	FHAIX vs FRDPX
EMO	ClearBridge Energy Midstream Opportunity Fund	MLPs, Energy Equities	42	20.88%	Jun 10, 2011	FHAIX vs EMO
SBLGX	ClearBridge Large Cap Growth Fund	Large Cap Growth Equities	7	-12.79%	Aug 29, 1997	FHAIX vs SBLGX
SHRAX	ClearBridge Aggressive Growth Fund	Large Cap Blend Equities	18	-10.22%	Oct 24, 1983	FHAIX vs SHRAX
FRIAX	Franklin Income Fund Advisor Class	Diversified Portfolio	86	2.21%	Aug 28, 1997	FHAIX vs FRIAX
SHAPX	ClearBridge Appreciation Fund	Large Cap Blend Equities	35	-6.24%	Mar 10, 1970	FHAIX vs SHAPX

Often Compared With FHAIX

What investors most often compare with FHAIX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
DSL	DoubleLine Income Solutions Fund	High Yield Bonds	3	-1.06%	Apr 26, 2013	FHAIX vs DSL
GUHYX	Victory High Yield Fund	High Yield Bonds	82	-1.93%	Sep 1, 1998	FHAIX vs GUHYX
FIQSX	Fidelity Advisor Floating Rate High Income Fund Cl...	High Yield Bonds	86	-0.61%	Oct 2, 2018	FHAIX vs FIQSX
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	FHAIX vs VOO
VYM	Vanguard High Dividend Yield ETF	Dividend	72	3.80%	Feb 7, 2019	FHAIX vs VYM
VGLT	Vanguard Long-Term Treasury ETF	Government Bonds, Long-Term Bond	14	-0.09%	Nov 19, 2009	FHAIX vs VGLT
VGSH	Vanguard Short-Term Treasury ETF	Government Bonds, Short-Term Bond	97	0.28%	Nov 19, 2009	FHAIX vs VGSH
FFHCX	Fidelity Series Floating Rate High Income Fund	High Yield Bonds	89	-0.54%	Oct 20, 2011	FHAIX vs FFHCX
QDVO	Amplify CWP Growth & Income ETF	Derivative Income	74	-5.75%	Aug 22, 2024	FHAIX vs QDVO
SPHY	SPDR Portfolio High Yield Bond ETF	High Yield Bonds	79	-0.32%	Jun 18, 2012	FHAIX vs SPHY

Compare FHAIX with Any Fund or Stock

Compare FHAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Franklin High Income Fund

Symbol name