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Franklin High Yield Tax-Free Inc A

FRHIX
10.66
-0.01
-0.08%
5/5/2016
5 Years
  • Previous Close

    10.67

  • Net Assets

    5.14B

  • Yield

    4.24%

  • Front load

    4.25

  • Expenses

    0.65%

  • Category

    High-Yield Muni

  • Morningstar Risk

    Average

  • Morningstar Rating ★★★
Profile

Name of Issuer

Franklin Templeton Investments

Fund Style

Open

Fund Manager

Daniel Workman

Investment Style

-

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.

Purchase Information

Initial Purchase 1,000
Initial Purchase: IRA NA
Initial Purchase: AIP 50

Inception

3/18/1986

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