Franklin High Yield Tax Free Income Fund Class A1 (FRHIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.59
+0.04 (0.47%)
Apr 24, 2025, 4:00 PM EDT
-1.60% (1Y)
| Fund Assets | 5.17B |
| Expense Ratio | 0.68% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.57% |
| Dividend Growth | 0.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 8.55 |
| YTD Return | -3.39% |
| 1-Year Return | 3.18% |
| 5-Year Return | 9.58% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 1876 |
| Inception Date | Mar 19, 1986 |
About FRHIX
FRHIX was founded on 1986-03-19. The Fund's investment strategy focuses on High Yield Muni with 0.65% total expense ratio. The minimum amount to invest in Franklin Tax-Free Trust: Franklin High Yield Tax-Free Income Fund; Class A1 Shares is $1,000 on a standard taxable account. Franklin Tax-Free Trust: Franklin High Yield Tax-Free Income Fund; Class A1 Shares seeks high current yield exempt from federal income taxes by investing in lower-rated or unrated municipal securities from different states.
Fund Family Franklin A1
Category High Yield Muni
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FRHIX
Share Class Class A1
Index Bloomberg Municipal Bond TR
Performance
FRHIX had a total return of 3.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.57%.
Top 10 Holdings
16.66% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard Tax-Exempt Bond ETF | VTEB | 3.08% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0% | CA SJHTRN 0 01.01.2027 | 2.47% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0% | CA SJHTRN 0 01.01.2026 | 2.23% |
| Grand Canyon University 5.125% | GCUNIV 5.125 10.01.28 | 1.89% |
| PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% | CO PUBUTL 6.5 11.15.2038 | 1.49% |
| PUERTO RICO ELEC PWR AUTH PWR REV | PR PRCPWR 7.12 07.01.2059 | 1.44% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR PRCGEN 5 07.01.2058 | 1.10% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR PRCGEN 0 07.01.2051 | 1.04% |
| iShares National Muni Bond ETF | MUB | 0.98% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6% | CA SJHTRN 6 01.15.2046 | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.03267 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03162 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03508 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03742 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03343 | Nov 29, 2024 |
| Oct 31, 2024 | $0.0346 | Oct 31, 2024 |