Franklin Federal Tax Free Income Fund Class A1 (FKTIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.45
+0.03 (0.29%)
Apr 25, 2025, 4:00 PM EDT
-2.15% (1Y)
| Fund Assets | 9.22B |
| Expense Ratio | 0.64% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.62% |
| Dividend Growth | 3.99% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 10.42 |
| YTD Return | -2.18% |
| 1-Year Return | 2.05% |
| 5-Year Return | 5.17% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 1027 |
| Inception Date | Oct 7, 1983 |
About FKTIX
The Franklin Federal Tax Free Income Fund Class A1 (FKTIX) seeks to provide investors with as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders capital. FKTIX invests at least 80% of its total assets in investment grade municipal securities exempt from federal income taxes.
Fund Family Franklin A1
Category Muni National Long
Stock Exchange NASDAQ
Ticker Symbol FKTIX
Share Class Class A1
Index Bloomberg Municipal Bond TR
Performance
FKTIX had a total return of 2.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.18%.
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% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
6.45% 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% | NY NYSHGR 5 03.15.2045 | 0.75% |
| TENNERGY CORP TENN GAS REV 5.5% | TN TGYPWR 10.01.2053 | 0.72% |
| SAN MATEO FOSTER CITY CALIF SCH DIST 0% | CA SMTSCD 0 08.01.2042 | 0.65% |
| FLORIDA DEV FIN CORP REV 5.25% | FL FLSDEV 5.25 07.01.2053 | 0.63% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY MTATRN 5 11.15.2045 | 0.58% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA CCEDEV 01.01.2054 | 0.56% |
| LIBERTY N Y DEV CORP REV 5.25% | NY LBTDEV 5.25 10.01.2035 | 0.56% |
| CAPITAL TR AUTH FLA MULTIFAMILY HSG REV 0% | FL CTSMFH 0 03.01.2029 | 0.56% |
| LOUISIANA PUB FACS AUTH REV 5.5% | LA LASFAC 5.5 09.01.2059 | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.03177 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03025 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0338 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03355 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03336 | Nov 29, 2024 |
| Oct 31, 2024 | $0.03382 | Oct 31, 2024 |