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

Net Asset Value
1 Day
Overall Morningstar Rating
High yield muni
Style or Category
Sales Expenses
Expense Ratio
Below 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.


1 month+0.89% 3 years+2.76%
3 months+1.31% 5 years+3.96%
1 year+0.71% Since inception+6.03%
Data through --

Peer Comparisonvs. High yield muni

Performance 5-yr return+3.96%+3.69%
Expense ratio0.64%0.93%
Risk 5 year sharpe ratio0.530.71
Net assets$6.6B$1.9B
Average market cap--$20.4B
Average P/E--12.0
Portfolio turnover7%7%

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Fund Management and Purchase Info

Fund familyFranklin Templeton Investments
Fund manager & tenureJohn Wiley / 26 Years
Minimal initial investment$1,000.00
Minimum IRA investment--


Fixed income99.25%
U.S. stock0.05%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.71%
-- 1.71%
-- 1.69%
-- 1.24%
-- 1.17%
-- 1.13%
-- 0.97%
-- 0.97%
-- 0.94%
-- 0.87%