Franklin High Yield Tax-Free Income Fund Class A (FRHIX)

10.24
Net Asset Value
0.00%
1 Day
+4.81%
Year-to-Date
Overall Morningstar Rating
High yield muni
Style or Category
4.25
Sales Expenses
0.65%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investors with a high current yield exempt from federal income taxes; its secondary goal is capital appreciation to the extent possible and consistent with the fund's principal investment goal. 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. It may invest in municipal securities rated in any rating category, including defaulted securities. The fund does not necessarily focus its investments in a particular state and will not invest more than 25% of its assets in municipal securities of any one state or territory.

Performance

1 month+1.21% 3 years+7.19%
3 months+4.09% 5 years+8.30%
1 year-1.96% Since inception+6.35%
Data through --

Peer Comparisonvs. High yield muni

 FRHIXCategory
Performance 5-yr return+8.30%+9.58%
Expense ratio0.65%1.03%
Risk 5 year sharpe ratio1.231.30
Net assets$7.9B$1.4B
Average market cap--$17.3B
Average P/E----
Portfolio turnover10%10%

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Fund Management and Purchase Info

Fund familyFranklin Templeton Investments
Fund manager & tenureJohn Wiley / 22 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

Fixed income99.69%
Cash0.31%
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
-- Public Auth 6.5%1.38%
-- San Joaquin Hills Calif Transn Jr Lien T1.14%
-- San Joaquin Hills Calif Transn Jr Lien T1.14%
-- California St Various P 5.25%0.99%
-- Liberty N Y Dev Corp Rev Rev Bds 5.25%0.88%
-- California St Various P 5.5%0.84%
-- Puerto Rico Pub Fin Corp Appropria 5.5%0.79%
-- Farmington N Mex Pollutn Ctl R Poll 5.9%0.77%
-- Burke Cnty Ga Dev Auth 5.7%0.75%
-- Metropolitan Wash D C Arpts Au Rev Bds0.73%

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