Franklin California Tax Free Income Fund Advisor Class (FCAVX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
6.53
+0.03 (0.46%)
Apr 23, 2025, 4:00 PM EDT
-3.40% (1Y)
| Fund Assets | 14.90B |
| Expense Ratio | 0.52% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 3.88% |
| Dividend Growth | 0.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 6.50 |
| YTD Return | -2.93% |
| 1-Year Return | 1.18% |
| 5-Year Return | 4.78% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 1133 |
| Inception Date | Oct 1, 2001 |
About FCAVX
The Franklin California Tax Free Income Fund Advisor Class (FCAVX) seeks to provide investors with as high a level of income exempt from federal income taxes and California personal income taxes. FCAVX will invest at least 80% of its total assets in investment grade municipal securities whose interest is free from federal income taxes and California personal income taxes.
Fund Family FrankTemp/Frank Adv
Category Muni California Long
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FCAVX
Share Class - Advisor Class
Index Bloomberg California TaxExempt Muni Bd TR
Performance
FCAVX had a total return of 1.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.78%.
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 | 0.14% |
Top 10 Holdings
14.78% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA HEALTH FACS FING AUTH REV 4% | CA CASMED 4 11.01.2044 | 3.09% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6% | CA SJHTRN 6 01.15.2043 | 1.58% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR PRCGEN 5 07.01.2058 | 1.43% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6% | CA SJHTRN 6 01.15.2046 | 1.43% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6% | CA SJHTRN 6 01.15.2045 | 1.42% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 4% | CA SJHTRN 4 01.15.2050 | 1.41% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.95% | CA SJHTRN 5.95 01.15.2040 | 1.39% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.9% | CA SJHTRN 5.9 01.15.2038 | 1.03% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA CCEDEV 01.01.2054 | 1.02% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 4% | CA SJHTRN 4 01.15.2044 | 0.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.02061 | Mar 31, 2025 |
| Feb 28, 2025 | $0.01969 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02245 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02162 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02126 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02118 | Oct 31, 2024 |