Franklin CA High Yield Municipal R6 (FCAQX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.59

-0.01 (-0.10%)

At close: Aug 26, 2026

1.91% (1Y)

Fund Assets	3.30B
Expense Ratio	0.51%
Min. Investment	$1,000,000
Turnover	13.89%
Dividend (ttm)	0.44
Dividend Yield	4.57%
Dividend Growth	3.60%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.60
YTD Return	1.17%
1-Year Return	6.73%
5-Year Return	3.25%
52-Week Low	9.40
52-Week High	9.87
Beta (5Y)	0.31
Holdings	825
Inception Date	Aug 1, 2017

About FCAQX

Franklin California High Yield Municipal Fund Class R6 is a mutual fund specializing in high-yield municipal debt securities, with a particular focus on bonds issued within California. Its primary objective is to deliver a substantial level of income that is exempt from both federal and California state personal income taxes, making it especially attractive to residents of California seeking tax-advantaged income solutions. The fund typically allocates at least 80% of its assets to municipal securities of this nature. Notably, this fund carries a higher yield than average peers, reflecting its investments in lower-rated, higher-risk municipal bonds, and holds a diversified portfolio of over 600 securities to manage risk. It features a strong performance rating, but comes with an above-average risk profile due to its emphasis on high-yield, sometimes non-investment grade, municipal issues. Regular monthly distributions and a relatively competitive expense ratio are core features, while its high minimum investment threshold positions it for institutional or high-net-worth investors. Since inception, the fund has played a role in connecting investors with California’s municipal development efforts while offering the benefits of tax-exempt income and diversification.

Fund Family Franklin Templeton Investments

Category Muni California Long

Performance Rating High

Risk Rating Average

Stock Exchange NASDAQ

Ticker Symbol FCAQX

Share Class Class R6

Index Bloomberg California TaxExempt Muni Bd TR

Performance

FCAQX had a total return of 6.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.78%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FVCAX	Advisor Class	0.56%
FCAMX	Class A1	0.66%
FCQAX	Class A	0.81%
FCAHX	Class C	1.20%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.0393	Jul 31, 2026
Jun 30, 2026	$0.03662	Jun 30, 2026
May 29, 2026	$0.03853	May 29, 2026
Apr 30, 2026	$0.03486	Apr 30, 2026
Mar 31, 2026	$0.03545	Mar 31, 2026
Feb 27, 2026	$0.03324	Feb 27, 2026

Full Dividend History