Franklin High Income Trust
04/17/2026 | Press release | Distributed by Public on 04/17/2026 07:16
Prospectus by Investment Company (Form 497)
GOF-P20 04/26
SUPPLEMENT DATED APRIL 17, 2026
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI")
OF EACH FUND LISTED IN SCHEDULE A AND SCHEDULE B
All changes described below are effective June 30, 2026.
1. The following replaces the reference to Patricia O'Connor in the section titled "Fund Summary - Portfolio Managers" in the Summary Prospectus and Prospectus of each fund listed in Schedule A and Schedule B:
Robert L. Salvin
Portfolio Manager of Advisers and portfolio manager of the Fund since June 2026.
2. The following replaces the reference to Patricia O'Connor in the section titled "Fund Details - Management" in the Prospectus of each fund listed in Schedule A and Schedule B:
Robert L. Salvin Portfolio Manager of Advisers
Mr. Salvin has been a portfolio manager of the Fund since June 2026. He joined Franklin Templeton in 2024. Prior to joining Franklin Templeton, Mr. Salvin was a portfolio manager for Putnam Management. He joined Putnam Management in 2000.
3. The following replaces references to Patricia O'Connor in the table in the section titled "Management and Other Services - Portfolio managers" in the SAI of the fund listed in Schedule A and Schedule B:
|
Name |
Type of |
Number of Accounts Managed |
Total Assets Managed (x $1 million) |
Number of Accounts Managed for which Advisory Fee is Performance-Based |
Assets Managed for which Advisory Fee is Performance-Based (x $1 million) |
|
|
Robert L. Salvin* |
Registered Investment Companies |
5 |
2,374.0 |
None |
None |
|
|
Other Pooled Investment Vehicles |
7 |
1,235.1 |
None |
None |
||
|
Other Accounts |
7 |
4,325.9 |
None |
None |
*Information is provided as of February 28, 2026.
4. The following replaces references to Patricia O'Connor in the table in the section titled "Management and Other Services - Portfolio managers - Ownership of Fund shares" in the SAI of the fund listed in Schedule A:
|
Portfolio Manager |
Dollar Range of Fund Shares Beneficially Owned |
|
Robert L. Salvin* |
$100,001-$500,000 |
*Information is provided as of March 31, 2026.
5. The following replaces references to Patricia O'Connor in the table in the section titled "Management and Other Services - Portfolio managers - Ownership of Fund shares" in the SAI of the fund listed in Schedule B:
|
Portfolio Manager |
Dollar Range of Fund Shares Beneficially Owned |
|
Robert L. Salvin* |
None |
*Information is provided as of March 31, 2026.
SCHEDULE A
|
Fund |
Date of Summary Prospectus, Prospectus and SAI |
|
FRANKLIN HIGH INCOME TRUST |
|
|
Franklin High Income Fund |
February 1, 2026 |
SCHEDULE B
|
Fund |
Date of Summary Prospectus, Prospectus and SAI |
|
FRANKLIN TEMPLETON ETF TRUST |
|
|
Franklin High Yield Corporate ETF |
August 1, 2025 |
Please retain this supplement for future reference.
Franklin High Income Trust published this content on April 17, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 17, 2026 at 13:16 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]