# EDGAR Filing Document

**Accession Number:** 0001655589
**File Stem:** 0001655589-26-000432
**Filing Date:** 2026-4
**Character Count:** 6532
**Document Hash:** 7233538fbcfd5eb6f37dffcfa86bcae0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001655589-26-000432.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0001655589-26-000432

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260417

**DATE AS OF CHANGE**: 20260417

**EFFECTIVENESS DATE**: 20260417

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin High Income Trust
- **CENTRAL INDEX KEY:** 0000002768

**ORGANIZATION NAME:**
- **EIN:** 941693697
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-30203
- **FILM NUMBER:** 26869677

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN HIGH INCOME TRUST
- **DATE OF NAME CHANGE:** 19961001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AGE HIGH INCOME FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AGE FUND INC
- **DATE OF NAME CHANGE:** 19810128
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Templeton ETF Trust
- **CENTRAL INDEX KEY:** 0001655589

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-208873
- **FILM NUMBER:** 26869678

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403

## Series and Classes Contracts Data

### FRANKLIN HIGH INCOME FUND (Series ID: S000006840)

---

|  |  |  |
|:---|:---|:---|
| Class Name    | Ticker Symbol | Class ID   |
| Class A1      | FHAIX         | C000018490 |
| Class C       | FCHIX         | C000018492 |
| Advisor Class | FVHIX         | C000018493 |
| Class R       | FHIRX         | C000018494 |
| Class R6      | FHRRX         | C000128780 |
| Class A       | FHQRX         | C000199701 |

---

### Franklin High Yield Corporate ETF (Series ID: S000061946)

---

|  |  |  |
|:---|:---|:---|
| Class Name                        | Ticker Symbol | Class ID   |
| Franklin High Yield Corporate ETF | FLHY          | C000200689 |

---

## Series and Classes Contracts Data

### FRANKLIN HIGH INCOME FUND (Series ID: S000006840)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018490 | Class A1      | FHAIX           |
| C000018492 | Class C       | FCHIX           |
| C000018493 | Advisor Class | FVHIX           |
| C000018494 | Class R       | FHIRX           |
| C000128780 | Class R6      | FHRRX           |
| C000199701 | Class A       | FHQRX           |

### Franklin High Yield Corporate ETF (Series ID: S000061946)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000200689 | Franklin High Yield Corporate ETF | FLHY            |

#### 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**<br>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<br>Account** | **Number of**<br>**Accounts**<br>**Managed** | **Total Assets**<br>**Managed**<br>**(x $1 million)** | **Number of Accounts** <br>**Managed for which** <br>**Advisory Fee is** <br>**Performance-Based** | **Assets Managed for which** <br>**Advisory Fee is** <br>**Performance-Based** <br>**(x $1 million)** |
| Robert L. Salvin\* | Registered<br>Investment<br>Companies | 5 | 2374.0 |  |  |
|  | Other Pooled<br>Investment<br>Vehicles | 7 | 1235.1 |  |  |
|  | Other<br>Accounts | 7 | 4325.9 |  |  |

---

\*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\* | $100001–$500000 |

---

\*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**<br>| **Date of Summary** <br>**Prospectus, Prospectus and SAI**<br>|
| **<u>FRANKLIN HIGH INCOME TRUST</u>** |  |
| Franklin High Income Fund | February 1, 2026 |

---

#### SCHEDULE B

---

| | |
|:---|:---|
| **Fund**<br>| **Date of Summary** <br>**Prospectus, Prospectus and SAI**<br>|
| **<u>FRANKLIN TEMPLETON ETF TRUST</u>** |  |
| Franklin High Yield Corporate ETF | August 1, 2025 |

---

#### Please retain this supplement for future reference.

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