Franklin California Tax Free Income Fund Class A1 (FKTFX)

Fund Assets	11.97B
Expense Ratio	0.588%
Min. Investment	$1,000
Turnover	11.93%
Dividend (ttm)	0.26
Dividend Yield	4.07%
Dividend Growth	2.91%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	6.34
YTD Return	-3.62%
1-Year Return	-2.40%
5-Year Return	-0.24%
52-Week Low	6.26
52-Week High	6.88
Beta (5Y)	0.31
Holdings	1132
Inception Date	Jan 31, 1977

About FKTFX

The Franklin California Tax-Free Income Fund Class A1 is a municipal bond mutual fund designed to provide investors with a high level of income exempt from both regular federal income taxes and California state personal income taxes. Its primary focus is on investing at least 80% of its assets in investment-grade municipal securities issued by the state of California and its local entities, including bonds financing public projects such as health facilities, transportation corridors, and clean energy initiatives. These municipal securities support essential infrastructure and public services within California, with the fund’s portfolio typically featuring substantial exposure to sectors like healthcare, transportation, and community energy projects. Operating within the 'Muni California Long' category, this fund plays a crucial role in the financial market by channeling investor capital into public infrastructure, while offering potential tax efficiencies for California residents. Its structure is particularly relevant for individuals seeking tax-advantaged income streams and for those with an interest in supporting the state’s development and municipal finance ecosystem.

• Fund Family: Franklin Templeton, Inc
• Category: Muni California Long
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FKTFX
• Share Class: - Class A1
• Index: Bloomberg California TaxExempt Muni Bd TR

Performance

FKTFX had a total return of -2.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.25%.

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%
FCAVX	- Advisor Class	0.52%
FTFQX	- Class A	0.77%
FRCTX	- Class C	1.17%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02145	Sep 30, 2026
Aug 31, 2026	$0.02059	Aug 31, 2026
Jul 31, 2026	$0.02351	Jul 31, 2026
Jun 30, 2026	$0.0212	Jun 30, 2026
May 29, 2026	$0.02202	May 29, 2026
Apr 30, 2026	$0.02136	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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