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

9.89
Net Asset Value
-0.30%
1 Day
-2.27%
Year-to-Date
Overall Morningstar Rating
High yield muni
Style or Category
4.25
Sales Expenses
0.64%
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.

Performance

1 month-0.12% 3 years+1.87%
3 months-0.60% 5 years+2.40%
1 year+0.65% Since inception+6.04%
Data through --

Peer Comparisonvs. High yield muni

 FRHIXCategory
Performance 5-yr return+2.40%+3.69%
Expense ratio0.64%0.94%
Risk 5 year sharpe ratio0.510.68
Net assets$6.6B$1.8B
Average market cap--$24.6B
Average P/E--13.3
Portfolio turnover12%12%

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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--

Holdings

Fixed income99.04%
Cash0.92%
U.S. stock0.04%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.68%
-- 1.68%
-- 1.65%
-- 1.22%
-- 1.15%
-- 1.12%
-- 0.97%
-- 0.95%
-- 0.94%
-- 0.87%