Franklin Pennsylvania Tax-Free Income Fund Class C (FRPTX)

10.71
Net Asset Value
-0.19%
1 Day
-2.99%
Year-to-Date
Overall Morningstar Rating
Muni pennsylvania
Style or Category
No Load
Sales Expenses
1.19%
Expense Ratio
Above Average
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 personal income taxes, if any, for resident shareholders of Pennsylvania 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. It only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.

Performance

1 month-2.45% 3 years+4.48%
3 months-1.53% 5 years+4.70%
1 year+1.11% Since inception+4.75%
Data through --

Peer Comparisonvs. Muni pennsylvania

 FRPTXCategory
Performance 5-yr return+4.70%+5.36%
Expense ratio1.19%1.06%
Risk 5 year sharpe ratio0.830.88
Net assets$1.7B$504.0M
Average market cap----
Average P/E----
Portfolio turnover5%5%

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Fund Management and Purchase Info

Fund familyFranklin Templeton Investment Funds
Fund manager & tenureStella Wong / 26 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

Other100.00%
U.S. stock--
International stock--
Fixed income--
Cash--
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 Bd 6%2.15%
-- Geisinger Auth1.72%
-- Pennsylvania St Higher Edl Fac Rev Bd 5%1.63%
-- Lycoming Cnty Pa Auth 5.75%1.62%
-- Berks Cnty Pa Mun Auth 5%1.60%
-- Pennsylvania St Higher Edl Fac Rev Bd 5%1.60%
-- Pennsylvania Econ Dev Fing Rev Bds 5%1.60%
-- Geisinger Auth1.56%
-- Pennsylvania Hsg Fin Agy Singl Re 4.875%1.52%
-- Geisinger Auth1.37%

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