Franklin CA Tax Free Income Adv (FCAVX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

6.66

+0.01 (0.15%)

At close: Aug 25, 2026

1.99% (1Y)

Fund Assets	12.96B
Expense Ratio	0.52%
Min. Investment	$1,000
Turnover	11.93%
Dividend (ttm)	0.27
Dividend Yield	3.98%
Dividend Growth	3.78%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	6.65
YTD Return	0.96%
1-Year Return	6.09%
5-Year Return	3.72%
52-Week Low	6.52
52-Week High	6.86
Beta (5Y)	0.07
Holdings	1121
Inception Date	Oct 1, 2001

About FCAVX

Franklin California Tax-Free Income Fund Advisor Class is a municipal bond mutual fund focused on providing investors with a high level of income exempt from both regular federal income taxes and California state personal income taxes. The fund primarily invests at least 80% of its assets in investment-grade municipal securities issued within California, making it especially relevant for California residents seeking tax-efficient income. Its portfolio is diversified across a broad range of municipal sectors, such as healthcare, transportation, and public infrastructure, reflecting important facets of the state’s economy. The fund pays out income on a monthly basis and typically maintains an average effective duration reflective of long-term municipal strategies. With significant assets under management, Franklin California Tax-Free Income Fund Advisor Class holds a notable position in the municipal bond market, serving both individual and institutional investors seeking stability and tax-advantaged cash flows from California-based projects and government initiatives. Its cost structure is competitive within its peer group, contributing to its appeal for income-oriented investors prioritizing tax efficiency.

Fund Family Franklin Templeton Investments

Category Muni California Long

Performance Rating High

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 6.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.

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%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FKTQX	- Class R6	0.48%
FKTFX	- Class A1	0.61%
FTFQX	- Class A	0.77%
FRCTX	- Class C	1.17%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02411	Jul 31, 2026
Jun 30, 2026	$0.02175	Jun 30, 2026
May 29, 2026	$0.02257	May 29, 2026
Apr 30, 2026	$0.0219	Apr 30, 2026
Mar 31, 2026	$0.02191	Mar 31, 2026
Feb 27, 2026	$0.0201	Feb 27, 2026

Full Dividend History