Franklin Federal Tax Free Income Fund Advisor Class (FAFTX)
| Fund Assets | 8.70B |
| Expense Ratio | 0.54% |
| Min. Investment | $1,000 |
| Turnover | 28.31% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.63% |
| Dividend Growth | 7.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2024 |
| Previous Close | 10.81 |
| YTD Return | 0.47% |
| 1-Year Return | 4.11% |
| 5-Year Return | 6.52% |
| 52-Week Low | 9.92 |
| 52-Week High | 10.91 |
| Beta (5Y) | n/a |
| Holdings | 1116 |
| Inception Date | Mar 20, 2002 |
About FAFTX
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. 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 in securities that pay taxable interest.
Performance
FAFTX had a total return of 4.11% in the past year. Since the fund's inception, the average annual return has been -0.36%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FIWAX | Fidelity | Fidelity Advisor Limited Term Municipal Income Fund - Class Z | 0.25% |
| FSTFX | Fidelity | Fidelity Limited Term Municipal Income Fund | 0.29% |
| FIMSX | Fidelity | Fidelity Municipal Income 2025 Fund | 0.40% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.52% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FFTQX | Class R6 | 0.49% |
| FKTIX | Class A1 | 0.64% |
| FFQAX | Class A | 0.79% |
| FRFTX | Class C | 1.19% |
Top 10 Holdings
5.73% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | NY NYSHGR 5 03.15.2045 | 0.72% |
| TENNERGY CORP TENN GAS REV 5.5% | TN TGYPWR 10.01.2053 | 0.67% |
| SAN MATEO FOSTER CITY CALIF SCH DIST 0% | CA SMTSCD 0 08.01.2042 | 0.59% |
| MIAMI-DADE CNTY FLA EXPWY AUTH TOLL SYS REV 5% | FL MIATRN 5 07.01.2040 | 0.56% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY MTATRN 5 11.15.2045 | 0.55% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA MAIUTL 08.01.2052 | 0.55% |
| LIBERTY N Y DEV CORP REV 5.25% | NY LBTDEV 5.25 10.01.2035 | 0.54% |
| TOBACCO SETTLEMENT FING CORP N J 5% | NJ TOBGEN 5 06.01.2046 | 0.54% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA CCEDEV 01.01.2054 | 0.52% |
| CAPITAL TR AUTH FLA MULTIFAMILY HSG REV 0% | FL CTSMFH 0 03.01.2029 | 0.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2024 | $0.03249 | Apr 30, 2024 |
| Mar 28, 2024 | $0.03423 | Mar 28, 2024 |
| Feb 29, 2024 | $0.0318 | Feb 29, 2024 |
| Jan 31, 2024 | $0.033 | Jan 31, 2024 |
| Dec 29, 2023 | $0.035 | Dec 29, 2023 |
| Nov 30, 2023 | $0.033 | Nov 30, 2023 |