Franklin California Tax Free Income Fund Advisor Class (FCAVX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
6.85
+0.01 (0.15%)
Oct 30, 2024, 4:00 PM EDT
8.56% (1Y)
| Fund Assets | 13.49B |
| Expense Ratio | 0.52% |
| Min. Investment | $1,000 |
| Turnover | 14.01% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 3.69% |
| Dividend Growth | 1.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2024 |
| Previous Close | 6.84 |
| YTD Return | 2.21% |
| 1-Year Return | 12.85% |
| 5-Year Return | 6.39% |
| 52-Week Low | 6.31 |
| 52-Week High | 6.99 |
| Beta (5Y) | n/a |
| Holdings | 1128 |
| Inception Date | Oct 1, 2001 |
About FCAVX
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 Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FCAVX
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% |
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2024 | $0.01908 | Sep 30, 2024 |
| Aug 30, 2024 | $0.02246 | Aug 30, 2024 |
| Jul 31, 2024 | $0.02154 | Jul 31, 2024 |
| Jun 28, 2024 | $0.0196 | Jun 28, 2024 |
| May 31, 2024 | $0.02305 | May 31, 2024 |
| Apr 30, 2024 | $0.02082 | Apr 30, 2024 |