<SEC-DOCUMENT>0000002768-14-000007-index.html : 20140627
<SEC-HEADER>0000002768-14-000007.hdr.sgml : 20140627
<ACCEPTANCE-DATETIME>20140627094747
ACCESSION NUMBER:		0000002768-14-000007
CONFORMED SUBMISSION TYPE:	40-17F2
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20140627
DATE AS OF CHANGE:		20140627
EFFECTIVENESS DATE:		20140627

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRANKLIN HIGH INCOME TRUST
		CENTRAL INDEX KEY:			0000002768
		IRS NUMBER:				941693697
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		40-17F2
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-01608
		FILM NUMBER:		14944392

	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:	AGE HIGH INCOME FUND INC
		DATE OF NAME CHANGE:	19920703

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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRANKLIN HIGH INCOME TRUST
		CENTRAL INDEX KEY:			0000002768
		IRS NUMBER:				941693697
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		40-17F2

	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:	AGE HIGH INCOME FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AGE FUND INC
		DATE OF NAME CHANGE:	19810128
</SEC-HEADER>
<DOCUMENT>
<TYPE>40-17F2
<SEQUENCE>1
<FILENAME>fhit17f2-13114.htm
<DESCRIPTION>FHIT 17F-2 PE 8/1/13 TO 1/31/14
<TEXT>
Document 1 - file: fhit17f2-13114.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>x14062709413100.jpg
<TEXT>
Document 2 - file: x14062709413100.jpg

</DOCUMENT>
</SEC-DOCUMENT>