Franklin High Financials
| FHYIX Fund | USD 9.23 0.01 0.11% |
Franklin |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Franklin High Fund Summary
Franklin High competes with Dreyfus/standish, Kinetics Global, Dodge Cox, Us Global, and Rbb Fund. The fund invests at least 80 percent of its net assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It may invest in municipal securities rated in any rating category, including defaulted securities.Specialization | High Yield Muni, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3547235958 |
| Business Address | Franklin Tax Free |
| Mutual Fund Family | Franklin Templeton Investments |
| Mutual Fund Category | High Yield Muni |
| Benchmark | Dow Jones Industrial |
| Phone | 800 342 5236 |
| Currency | USD - US Dollar |
Franklin High Key Financial Ratios
Franklin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Franklin High's current stock value. Our valuation model uses many indicators to compare Franklin High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Franklin High competition to find correlations between indicators driving Franklin High's intrinsic value. More Info.Franklin High Yield is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 1,315 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Franklin High's earnings, one of the primary drivers of an investment's value.Franklin High Yield Systematic Risk
Franklin High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Franklin High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Franklin High Yield correlated with the market. If Beta is less than 0 Franklin High generally moves in the opposite direction as compared to the market. If Franklin High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin High is generally in the same direction as the market. If Beta > 1 Franklin High moves generally in the same direction as, but more than the movement of the benchmark.
Franklin High Thematic Clasifications
Franklin High Yield is part of Junk Bonds Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds with bonds rated BB or lower. Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues
This theme covers Funds with bonds rated BB or lower. Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. Get More Thematic Ideas
Franklin High Yield is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Muni category is currently estimated at about 19.49 Billion. Franklin High totals roughly 5.17 Billion in net asset claiming about 27% of all funds under High Yield Muni category.| Junk Bonds Funds | View |
Franklin High November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Franklin High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Franklin High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Franklin Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franklin High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4476 | |||
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 1.85 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.33 |
Other Information on Investing in Franklin Mutual Fund
Franklin High financial ratios help investors to determine whether Franklin Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Franklin with respect to the benefits of owning Franklin High security.
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