Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.69% -5.32% 162.26M 47894.97
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
9.41% 75.00% -- Upgrade

Basic Info

Investment Strategy
The Fund seeks to achieve high current income as it primary objective with total return as a secondary objective. It intends to achieve this by primarily investing in a global portfolio of below investment grade securities, emerging market debt securities and investment grade fixed income securities.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Multisector Bond
Fund Owner Firm Name Franklin Templeton Investments
Prospectus Benchmark Index
Bloomberg US Agg Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Michael Buchanan 15.26 yrs
Ryan Brist 14.51 yrs
Christopher Kilpatrick 11.58 yrs
Chia-Liang Lian 9.68 yrs
Ian Edmonds 0.08 yrs
Walter Kilcullen 0.08 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 18, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
13.06%
-12.32%
30.95%
8.78%
9.36%
-25.20%
19.25%
-3.77%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-3.23%
7.15%
-9.95%
27.27%
12.43%
13.02%
-24.57%
15.78%
-8.72%
8.61%
-5.41%
25.37%
13.43%
5.23%
-21.24%
14.59%
-3.10%
9.30%
-7.70%
30.30%
8.87%
13.12%
-22.95%
10.12%
1.53%
8.96%
-7.58%
24.21%
6.07%
12.77%
-17.09%
8.04%
0.08%
As of April 18, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash -36.37% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 133.9% Upgrade Upgrade
Convertible 1.74% Upgrade Upgrade
Preferred 0.68% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks to achieve high current income as it primary objective with total return as a secondary objective. It intends to achieve this by primarily investing in a global portfolio of below investment grade securities, emerging market debt securities and investment grade fixed income securities.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Multisector Bond
Fund Owner Firm Name Franklin Templeton Investments
Prospectus Benchmark Index
Bloomberg US Agg Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Michael Buchanan 15.26 yrs
Ryan Brist 14.51 yrs
Christopher Kilpatrick 11.58 yrs
Chia-Liang Lian 9.68 yrs
Ian Edmonds 0.08 yrs
Walter Kilcullen 0.08 yrs

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