Franklin Federal Tax Free Income Fund Advisor Class (FAFTX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.70
-0.03 (-0.28%)
Jan 13, 2025, 4:00 PM EST
-1.65% (1Y)
| Fund Assets | 10.84B |
| Expense Ratio | 0.54% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.63% |
| Dividend Growth | 5.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 10.73 |
| YTD Return | -1.20% |
| 1-Year Return | 2.72% |
| 5-Year Return | 4.51% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.24 |
| Holdings | 1067 |
| Inception Date | Mar 20, 2002 |
About FAFTX
The Franklin Federal Tax Free Income Fund Advisor Class (FAFTX) seeks to provide investors with as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders capital. FAFTX invests at least 80% of its total assets in investment grade municipal securities exempt from federal income taxes.
Fund Family FrankTemp/Frank Adv
Category Muni National Long
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FAFTX
Index Bloomberg Municipal Bond TR
Performance
FAFTX had a total return of 2.72% in the past year. Since the fund's inception, the average annual return has been 3.69%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIWEX | Fidelity | Fidelity Advisor Municipal Income Fund - Class Z | 0.40% |
| FSABX | Fidelity | Fidelity SAI Municipal Bond Index Fund | 0.07% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FHUGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class A | 0.77% |
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
Top 10 Holdings
6.25% of assets| Name | Symbol | Weight |
|---|---|---|
| PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 0% | WI PUBMFH 0 12.01.2044 | 0.89% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | n/a | 0.74% |
| TENNERGY CORP TENN GAS REV 5.5% | TN TGYPWR 10.01.2053 | 0.70% |
| SAN MATEO FOSTER CITY CALIF SCH DIST 0% | CA SMTSCD 0 08.01.2042 | 0.63% |
| FLORIDA DEV FIN CORP REV 5.25% | FL FLSDEV 5.25 07.01.2053 | 0.62% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | n/a | 0.55% |
| LIBERTY N Y DEV CORP REV 5.25% | NY LBTDEV 5.25 10.01.2035 | 0.54% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA CCEDEV 01.01.2054 | 0.54% |
| LOUISIANA PUB FACS AUTH REV 5.75% | LA LASFAC 5.75 09.01.2064 | 0.53% |
| CAPITAL TR AUTH FLA MULTIFAMILY HSG REV 0% | FL CTSMFH 0 03.01.2029 | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.03447 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03429 | Nov 29, 2024 |
| Oct 31, 2024 | $0.03476 | Oct 31, 2024 |
| Sep 30, 2024 | $0.03112 | Sep 30, 2024 |
| Aug 30, 2024 | $0.03653 | Aug 30, 2024 |
| Jul 31, 2024 | $0.03449 | Jul 31, 2024 |