Franklin Federal Tax Free Income C (FRFTX)
| Fund Assets | 7.79B |
| Expense Ratio | 1.18% |
| Min. Investment | $1,000 |
| Turnover | 9.61% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.27% |
| Dividend Growth | 3.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.36 |
| YTD Return | -3.20% |
| 1-Year Return | -2.51% |
| 5-Year Return | -3.12% |
| 52-Week Low | 10.17 |
| 52-Week High | 11.05 |
| Beta (5Y) | n/a |
| Holdings | 1025 |
| Inception Date | May 1, 1995 |
About FRFTX
Franklin Federal Tax-Free Income Fund Class C is a fixed income mutual fund focused on providing investors with a high level of income that is exempt from regular federal income taxes. The fund primarily invests at least 80% of its assets in investment grade municipal securities issued by state and local governments across the United States. These municipal bonds help finance public projects such as schools, roads, and utilities, and the interest they generate is generally free from federal taxation, making the fund particularly attractive for investors seeking tax-advantaged income. As part of the "Muni National Long" category, this fund maintains a portfolio with an average duration over six years and seeks to minimize risk by diversifying across various issuers, states, and sectors. Launched in 1995, Franklin Federal Tax-Free Income Fund Class C is managed by Franklin Templeton Investments and has grown to manage several billion dollars in assets. With monthly dividend payouts and a focus on preserving shareholder capital alongside generating tax-free income, this fund plays a specialized role for investors aiming to optimize after-tax returns through municipal fixed income exposure.
Performance
FRFTX had a total return of -2.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.41%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
7.02% of assets| Name | Symbol | Weight |
|---|---|---|
| PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 0% | WI.PUBMFH 0 12.01.2045 | 1.02% |
| PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 0% | WI.PUBMFH 0 12.01.2044 | 0.91% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | NY.NYSHGR 5 03.15.2045 | 0.79% |
| TENNERGY CORP TENN GAS REV 5.5% | TN.TGYPWR 10.01.2053 | 0.74% |
| SAN MATEO FOSTER CITY CALIF SCH DIST 0% | CA.SMTSCD 0 08.01.2042 | 0.68% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2045 | 0.59% |
| CAPITAL TR AUTH FLA MULTIFAMILY HSG REV 0% | FL.CTSMFH 0 03.01.2029 | 0.59% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 01.01.2054 | 0.59% |
| LIBERTY N Y DEV CORP REV 5.25% | NY.LBTDEV 5.25 10.01.2035 | 0.58% |
| LOUISIANA PUB FACS AUTH REV 5.5% | LA.LASFAC 5.5 09.01.2059 | 0.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0293 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02724 | Jun 30, 2025 |
| May 30, 2025 | $0.03037 | May 30, 2025 |
| Apr 30, 2025 | $0.02865 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02708 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02568 | Feb 28, 2025 |