Franklin Federal Tax-Free Income A
(FKTIX)
US Markets Closed
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12.51
+0.01
+0.08%
:

Previous Close

12.50

Net Assets

8.45B

Yield

3.95%

Front load

4.25

Expenses

0.62%

Category

Muni National Long

Morningstar Risk

Average

Morningstar Rating ★★★★
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Performance
Returns %
Key statistics
  • Composition
  • Performance
  • Top Holdings
  • Top Rated Funds
  • Fund vs. Category
Quarterly Returns
  • Annual

  • FKTIX

  • Category

    • 2013

    • -4.46%

    • -

    • 2012

    • 9.03%

    • -

    • 2011

    • 12.12%

    • -

    • 2010

    • 0.86%

    • -

    • 2013

    • 2012

    • 2011

      • Q1

      • -0.01%

      • 2.54%

      • 0.43%

      • Q2

      • -3.69%

      • 2.37%

      • 4.64%

      • Q3

      • -1.07%

      • 2.82%

      • 4.67%

      • Q4

      • 0.29%

      • 1.02%

      • 1.93%

      Composition
      • Name

      • % Portfolio Weight

      • Shares Held

      • Change

        • California St Go Bds 6%

        • 1.07

        • 100,000,000

        • 0

        • New York N Y City Mun Wtr Fin Wtr 5.25%

        • 0.66

        • 64,970,000

        • 0

        • Puerto Rico Comwlth Hwy & Tran Hwy Re 5%

        • 0.60

        • 62,000,000

        • 0

        • New Jersey St Transn Tr Fd Aut Tra 5.25%

        • 0.53

        • 50,000,000

        • 0

        • Texas St Go Mobili 5%

        • 0.51

        • 46,345,000

        • 46,345,000

        • California St Go Bds 5.25%

        • 0.51

        • 50,000,000

        • 0

        • Los Angeles Calif Uni Sch Dist 5%

        • 0.51

        • 52,475,000

        • 0

        • Los Angeles Calif Dept Arpts A Snr Re 5%

        • 0.50

        • 50,000,000

        • 0

        • San Joaquin Hills Calif Transn Rev Ref B

        • 0.46

        • 50,000,000

        • 0

        • Washington St Various P 5%

        • 0.44

        • 44,300,000

        • 0

        • Name

        • Rating

        • YTD Return %

          • Western Asset Managed Municipals I

          • ★★★★★
          • 10.43

          • Columbia AMT-Free Tax-Exempt Bond Z

          • ★★★★★
          • 11.38

          • Nuveen All-American Municipal Bond I

          • ★★★★★
          • 12.45

          • Eaton Vance Tx-Advntgd Bd Strat Lg Trm I

          • ★★★★★
          • 14.17

          • MainStay Tax-Free Bond I

          • ★★★★★
          • 11.75

          • T. Rowe Price Summit Municipal Inc

          • ★★★★★
          • 10.66

          • Wells Fargo Advantage Municipal Bon A LW

          • ★★★★★
          • 10.37

          • Nuveen Municipal Total Return Mgd Accts

          • ★★★★★
          • 12.24

          • Delaware Tax-Free USA Instl

          • ★★★★★
          • 9.97

          • Lord Abbett Natl Tax-Free Income I

          • ★★★★★
          • 11.99

          • Name

          • FKTIX

          • Category

            • Expense Ratio

            • 0.62%

            • 0.93%

            • Net Assets

            • 8.45B

            • 408.81M

            • Dividend Yield

            • -

            • 0.00

            • Price/Book

            • -

            • 0.92

            • Price/Sales

            • -

            • 0.22

            • Price/Cash Flow

            • -

            • 150.60

            Profile

            Name of Issuer

            Franklin Templeton Investments

            Fund Style

            Open

            Fund Manager

            Sheila Amoroso

            Investment Style

            -

            The investment seeks as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of total assets in investment grade municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of the fund's total assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and, although not anticipated, in securities that pay taxable interest.

            Purchase Information

            Initial Purchase 1,000
            Initial Purchase: IRA 1,000
            Initial Purchase: AIP 50
            Front load 4.25
            Back Load 4.25

            Inception

            10/7/1983