Franklin Federal Tax Free Income Fund Class R6 (FFTQX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
11.01
+0.02 (0.18%)
Sep 10, 2024, 4:00 PM EDT
5.46% (1Y)
| Fund Assets | 8.72B |
| Expense Ratio | 0.49% |
| Min. Investment | $1,000,000 |
| Turnover | 15.32% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 3.69% |
| Dividend Growth | 6.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 30, 2024 |
| Previous Close | 10.99 |
| YTD Return | 3.59% |
| 1-Year Return | 8.78% |
| 5-Year Return | 6.59% |
| 52-Week Low | 9.92 |
| 52-Week High | 11.04 |
| Beta (5Y) | n/a |
| Holdings | 1076 |
| Inception Date | Aug 1, 2017 |
About FFTQX
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. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of the fund's total assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and in securities that pay taxable interest.
Fund Family Franklin Templeton Investments
Category Muni National Long
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FFTQX
Index Bloomberg Municipal Bond TR
Performance
FFTQX had a total return of 8.78% in the past year. Since the fund's inception, the average annual return has been 2.12%, including dividends.
Top 10 Holdings
5.90% of assets| Name | Symbol | Weight |
|---|---|---|
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | NY NYSHGR 5 03.15.2045 | 0.74% |
| TENNERGY CORP TENN GAS REV 5.5% | TN TGYPWR 10.01.2053 | 0.68% |
| SAN MATEO FOSTER CITY CALIF SCH DIST 0% | CA SMTSCD 0 08.01.2042 | 0.62% |
| FLORIDA DEV FIN CORP REV 5.25% | FL FLSDEV 5.25 07.01.2053 | 0.60% |
| MIAMI-DADE CNTY FLA EXPWY AUTH TOLL SYS REV 5% | FL MIATRN 5 07.01.2040 | 0.56% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA MAIUTL 08.01.2052 | 0.56% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY MTATRN 5 11.15.2045 | 0.56% |
| LIBERTY N Y DEV CORP REV 5.25% | NY LBTDEV 5.25 10.01.2035 | 0.54% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA CCEDEV 01.01.2054 | 0.54% |
| CAPITAL TR AUTH FLA MULTIFAMILY HSG REV 0% | FL CTSMFH 0 03.01.2029 | 0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 30, 2024 | $0.03698 | Aug 30, 2024 |
| Jul 31, 2024 | $0.0349 | Jul 31, 2024 |
| Jun 28, 2024 | $0.03125 | Jun 28, 2024 |
| May 31, 2024 | $0.03704 | May 31, 2024 |
| Apr 30, 2024 | $0.0329 | Apr 30, 2024 |
| Mar 28, 2024 | $0.03456 | Mar 28, 2024 |