Franklin California Intermediate-Term Tax-Free Income Fund Class C (FCCIX)
| Fund Assets | 1.30B |
| Expense Ratio | 1.14% |
| Min. Investment | $1,000 |
| Turnover | 16.05% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.69% |
| Dividend Growth | 5.77% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.84 |
| YTD Return | -0.61% |
| 1-Year Return | -0.01% |
| 5-Year Return | -2.41% |
| 52-Week Low | 10.64 |
| 52-Week High | 11.21 |
| Beta (5Y) | n/a |
| Holdings | 463 |
| Inception Date | Jul 1, 2003 |
About FCCIX
Franklin California Intermediate-Term Tax-Free Income Fund Class C is a municipal bond mutual fund designed to provide investors with a high level of income that is exempt from both regular federal income taxes and California state personal income taxes. The fund primarily invests in a diversified portfolio of investment-grade municipal securities issued by the state of California and its local governments. These holdings typically have maturities ranging from five to twelve years, focusing on the intermediate-term segment of the municipal bond market. As a result, the fund aims to balance income generation with moderate interest rate risk. It is structured to appeal particularly to California residents seeking tax-advantaged income. With the majority of its assets allocated to municipal bonds and a disciplined investment approach, the fund plays a significant role in offering a tailored solution for investors concerned with tax efficiency and stable income in the context of the California municipal finance sector.
Performance
FCCIX had a total return of -0.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VCAIX | Vanguard | Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares | 0.14% |
Top 10 Holdings
17.55% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 2.85% |
| CALIFORNIA ST PUB WKS BRD LEASE REV 5% | CA.CASFAC 5 04.01.2050 | 2.44% |
| SAN DIEGO CALIF CMNTY COLLEGE DIST 5% | CA.SDGHGR 5 08.01.2055 | 1.87% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | CA.LOSUTL 5 07.01.2034 | 1.84% |
| FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 5.3% | CA.FOOTRN 5.3 01.15.2029 | 1.69% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | CA.CCEDEV 05.01.2053 | 1.57% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0% | CA.SJHTRN 0 01.15.2026 | 1.45% |
| CALIFORNIA ST 5% | CA.CAS 5 11.01.2030 | 1.34% |
| CALIFORNIA ST 5.75% | CA.CAS 5.75 10.01.2031 | 1.25% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 1.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02628 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02454 | Jun 30, 2025 |
| May 30, 2025 | $0.02682 | May 30, 2025 |
| Apr 30, 2025 | $0.02496 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02352 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02214 | Feb 28, 2025 |