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Key statistics Previous close 1.7000
Open —
Day range 1.6900 1.7000
52-week range 1.6900 1.7900
Off day high 0.00%
Off 52-week high −5.03%
Volume —
Avg. volume (3M) 0.00
Net assets 2.79B
Expense ratio 0.74%
Yield 6.58%
YTD return +0.11%
50-day average 1.7184
200-day average 1.7524
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The fund invests predominantly in high yield, lower-rated debt securities. Lower-rated securities generally pay higher yields than more highly rated securities to compensate investors for the higher risk. These securities include bonds, notes, debentures, convertible securities and senior and subordinated debt securities. It may invest up to 100% of its total assets in debt securities that are rated below investment grade, also known as "junk bonds."
Fund family Franklin Templeton, Inc
Category High Yield Bond
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