Franklin Double Tax-Free Income Fund Class A (FPRTX)

9.95
Net Asset Value
0.00%
1 Day
+5.40%
Year-to-Date
Overall Morningstar Rating
Muni national long
Style or Category
4.25
Sales Expenses
0.67%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investors with as high a level of income exempt from federal income taxes and from state personal income taxes, as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of its net assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. In addition, it normally invests at least 80% of its net assets in securities whose interest is free from state personal income taxes. The fund is non-diversified.

Performance

1 month+3.88% 3 years-0.90%
3 months+2.55% 5 years+1.68%
1 year+3.85% Since inception+5.50%
Data through --

Peer Comparisonvs. Muni national long

 FPRTXCategory
Performance 5-yr return+1.68%+6.06%
Expense ratio0.67%0.97%
Risk 5 year sharpe ratio0.301.07
Net assets$267.0M$1.5B
Average market cap--$28.0B
Average P/E----
Portfolio turnover10%10%

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Fund Management and Purchase Info

Fund familyFranklin Templeton Investments
Fund manager & tenureStella Wong / 27 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

Fixed income94.00%
Cash6.00%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Puerto Rico Sales Tax Fing Cor Rev 6.5%5.43%
-- Puerto Rico Convention Ctr Dis Hotel 5%4.71%
-- Puerto Rico Comwlth Hwy & Tran Hwy 5.5%4.58%
-- Guam Govt Busn Privilege T Busn 5.125%4.29%
-- Guam Govt Hotel Occupancy Tax Tax R 6.5%3.94%
-- Guam Pwr Auth 5.5%3.84%
-- Virgin Is Port Auth 5%3.50%
-- Guam Govt Ltd Obl Rev Rev Bds 5.75%3.21%
-- Puerto Rico Elec Pwr Auth 5.25%3.08%
-- Virgin Islands Pub Fin Auth 6.75%2.99%

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