Franklin High Yield Tax Free Income Fund Class A (FHYQX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.53
0.00 (0.00%)
Jul 25, 2025, 4:00 PM EDT
Fund Assets4.64B
Expense Ratio0.83%
Min. Investment$1,000
Turnover14.31%
Dividend (ttm)0.40
Dividend Yield4.46%
Dividend Growth1.77%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close8.53
YTD Return-3.32%
1-Year Return-0.88%
5-Year Return2.51%
52-Week Low8.42
52-Week High9.18
Beta (5Y)n/a
Holdings1868
Inception DateSep 10, 2018

About FHYQX

Franklin High Yield Tax-Free Income Fund Class A is a mutual fund focused on delivering a high level of current income that is exempt from regular federal income taxes. The fund primarily invests in lower-rated or unrated municipal securities issued by various states and local governments across the United States, which allows it to target bonds that offer higher yields than those found in the investment-grade municipal market. Its diversified portfolio spans thousands of holdings and emphasizes high-yield municipal bonds, positioning it within the "High Yield Muni" category. Capital preservation is not the primary aim, but the fund also seeks capital appreciation when possible, making it suitable for investors prioritizing tax-free income over long-term growth. With an inception date of September 10, 2018, the fund manages multi-billion-dollar assets and maintains a relatively moderate expense ratio. Franklin High Yield Tax-Free Income Fund Class A plays a notable role in the market by providing individuals seeking tax-advantaged income an alternative to traditional fixed-income products, especially for those in higher tax brackets who benefit most from federal tax exemption on interest income.

Fund Family Franklin Templeton Investments
Category High Yield Muni
Stock Exchange NASDAQ
Ticker Symbol FHYQX
Share Class Class A
Index Bloomberg Municipal Bond TR

Performance

FHYQX had a total return of -0.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.77%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
FHYRXClass R60.53%
FHYVXAdvisor Class0.57%
FRHIXClass A10.68%
FHYIXClass C1.21%

Top 10 Holdings

16.32% of assets
NameSymbolWeight
Vanguard Tax-Exempt Bond ETFVTEB2.82%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0%CA.SJHTRN 0 01.01.20272.61%
Grand Canyon University 5.125%GCUNIV.5.125 10.01.281.98%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0%CA.SJHTRN 0 01.01.20261.93%
PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%CO.PUBUTL 6.5 11.15.20381.54%
PUERTO RICO ELEC PWR AUTH PWR REVPR.PRCPWR 7.12 07.01.20591.46%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%PR.PRCGEN 0 07.01.20511.05%
iShares National Muni Bond ETFMUB1.02%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6%CA.SJHTRN 6 01.15.20460.96%
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6%CA.SJHTRN 6 01.15.20450.95%

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.03234Jun 30, 2025
May 30, 2025$0.03545May 30, 2025
Apr 30, 2025$0.03286Apr 30, 2025
Mar 31, 2025$0.03161Mar 31, 2025
Feb 28, 2025$0.03059Feb 28, 2025
Jan 31, 2025$0.0339Jan 31, 2025