Franklin CA Tax Free Income R6 (FKTQX)
| Fund Assets | 12.86B |
| Expense Ratio | 0.48% |
| Min. Investment | $1,000,000 |
| Turnover | 7.96% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 3.83% |
| Dividend Growth | 2.06% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 6.77 |
| YTD Return | 0.65% |
| 1-Year Return | 0.62% |
| 5-Year Return | 3.83% |
| 52-Week Low | 6.43 |
| 52-Week High | 6.96 |
| Beta (5Y) | n/a |
| Holdings | 1133 |
| Inception Date | Aug 1, 2017 |
About FKTQX
Franklin California Tax-Free Income Fund Class R6 is a mutual fund designed primarily to provide investors with a high level of income that is exempt from both regular federal income taxes and California personal income taxes. The fund achieves this by investing at least 80% of its total assets in investment-grade municipal securities, whose interest payments are free of these taxes. It manages a diversified portfolio with over 1,000 holdings, mainly targeting the California municipal bond market, which supports local infrastructure, public services, and development projects within the state. This tax-advantaged income strategy is especially relevant for investors seeking to preserve after-tax returns, particularly those residing in California. The fund is managed with an above average performance rating and an average risk profile, making it a recognized vehicle in the municipal California long-duration category. Its substantial asset base and regular monthly dividend distributions highlight its role as a key instrument for investors seeking stable and tax-efficient income solutions within the broader U.S. municipal bond market.
Performance
FKTQX had a total return of 0.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.11%.
Top 10 Holdings
14.35% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA HEALTH FACS FING AUTH REV 4% | CA.CASMED 4 11.01.2044 | 2.95% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6% | CA.SJHTRN 6 01.15.2043 | 1.55% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6% | CA.SJHTRN 6 01.15.2046 | 1.38% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6% | CA.SJHTRN 6 01.15.2045 | 1.38% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.95% | CA.SJHTRN 5.95 01.15.2040 | 1.37% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 1.35% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 4% | CA.SJHTRN 4 01.15.2050 | 1.34% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 1.04% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.9% | CA.SJHTRN 5.9 01.15.2038 | 1.04% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 4% | CA.SJHTRN 4 01.15.2044 | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02084 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02309 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02231 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02083 | Jun 30, 2025 |
| May 30, 2025 | $0.02308 | May 30, 2025 |
| Apr 30, 2025 | $0.02166 | Apr 30, 2025 |