Franklin California Tax Free Income Fund Class C (FRCTX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
6.86
+0.03 (0.44%)
Oct 25, 2024, 4:00 PM EDT
8.54%
Fund Assets 13.49B
Expense Ratio 1.16%
Min. Investment $1,000
Turnover 14.01%
Dividend (ttm) 0.21
Dividend Yield 3.04%
Dividend Growth 1.70%
Payout Frequency Monthly
Ex-Dividend Date n/a
Previous Close 6.83
YTD Return 1.71%
1-Year Return 11.93%
5-Year Return 2.97%
52-Week Low 6.31
52-Week High 6.99
Beta (5Y) n/a
Holdings 1128
Inception Date Jan 31, 1977

About FRCTX

The fund invests at least 80% of its total assets in investment grade municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax, and from California personal income taxes. It is possible that up to 20% of its 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 interest subject to other federal or state income taxes.

Fund Family Franklin Templeton Investments
Category Muni California Long
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FRCTX
Index Bloomberg California TaxExempt Muni Bd TR

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
VCITX Vanguard Vanguard California Long-Term Tax-Exempt Fund Investor Shares 0.17%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
FKTQX - Class R6 0.48%
FCAVX - Advisor Class 0.52%
FKTFX - Class A1 0.61%
FTFQX - Class A 0.76%

Top 10 Holdings

15.06% of assets
Name Symbol Weight
CALIFORNIA HEALTH FACS FING AUTH REV 4% CA CASMED 4 11.01.2044 3.10%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6% CA SJHTRN 6 01.15.2043 1.65%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6% CA SJHTRN 6 01.15.2046 1.48%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6% CA SJHTRN 6 01.15.2045 1.48%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 4% CA SJHTRN 4 01.15.2050 1.46%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.95% CA SJHTRN 5.95 01.15.2040 1.43%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% PR PRCGEN 5 07.01.2058 1.39%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.9% CA SJHTRN 5.9 01.15.2038 1.05%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 4% CA SJHTRN 4 01.15.2044 1.01%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% CA CCEDEV 01.01.2054 1.00%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Sep 30, 2024 $0.01562 Sep 30, 2024
Aug 30, 2024 $0.01839 Aug 30, 2024
Jul 31, 2024 $0.01775 Jul 31, 2024
Jun 28, 2024 $0.01618 Jun 28, 2024
May 31, 2024 $0.01906 May 31, 2024
Apr 30, 2024 $0.0172 Apr 30, 2024
Full Dividend History