Franklin Federal Tax Free Income Fund Class A1 (FKTIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.69
-0.03 (-0.28%)
Jan 13, 2025, 4:00 PM EST
-1.66% (1Y)
| Fund Assets | 8.68B |
| Expense Ratio | 0.64% |
| Min. Investment | $1,000 |
| Turnover | 15.32% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.53% |
| Dividend Growth | 5.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 10.72 |
| YTD Return | -0.83% |
| 1-Year Return | 2.55% |
| 5-Year Return | 4.04% |
| 52-Week Low | 10.65 |
| 52-Week High | 11.05 |
| Beta (5Y) | n/a |
| Holdings | 1067 |
| Inception Date | Oct 7, 1983 |
About FKTIX
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 Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FKTIX
Index Bloomberg Municipal Bond TR
Performance
FKTIX had a total return of 2.55% in the past year. Since the fund's inception, the average annual return has been 4.25%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FSAJX | Fidelity | Fidelity SAI Tax-Free Bond Fund | 0.25% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.52% |
| FIWEX | Fidelity | Fidelity Advisor Municipal Income Fund - Class Z | 0.40% |
Top 10 Holdings
6.25% of assets| Name | Symbol | Weight |
|---|---|---|
| PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 0% | WI PUBMFH 0 12.01.2044 | 0.89% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | n/a | 0.74% |
| TENNERGY CORP TENN GAS REV 5.5% | TN TGYPWR 10.01.2053 | 0.70% |
| SAN MATEO FOSTER CITY CALIF SCH DIST 0% | CA SMTSCD 0 08.01.2042 | 0.63% |
| FLORIDA DEV FIN CORP REV 5.25% | FL FLSDEV 5.25 07.01.2053 | 0.62% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | n/a | 0.55% |
| 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% |
| LOUISIANA PUB FACS AUTH REV 5.75% | LA LASFAC 5.75 09.01.2064 | 0.53% |
| CAPITAL TR AUTH FLA MULTIFAMILY HSG REV 0% | FL CTSMFH 0 03.01.2029 | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.03355 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03336 | Nov 29, 2024 |
| Oct 31, 2024 | $0.03382 | Oct 31, 2024 |
| Sep 30, 2024 | $0.03027 | Sep 30, 2024 |
| Aug 30, 2024 | $0.03554 | Aug 30, 2024 |
| Jul 31, 2024 | $0.03357 | Jul 31, 2024 |