Franklin High Yield Tax Free Income Fund Class A1 (FRHIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.99
-0.01 (-0.11%)
Mar 11, 2025, 12:33 PM EST
1.12%
Fund Assets 5.17B
Expense Ratio 0.68%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.41
Dividend Yield 4.36%
Dividend Growth 0.29%
Payout Frequency Monthly
Ex-Dividend Date Feb 28, 2025
Previous Close 9.00
YTD Return 1.34%
1-Year Return 6.71%
5-Year Return 9.26%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 1444
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 6.71% in the past year. Since the fund's inception, the average annual return has been 4.71%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
FHYRX Class R6 0.53%
FHYVX Advisor Class 0.57%
FHYQX Class A 0.83%
FHYIX Class C 1.21%

Top 10 Holdings

20.22% of assets
Name Symbol Weight
Vanguard Tax-Exempt Bond ETF VTEB 3.11%
Public Fin Auth WI PUBGEN 4 09.30.2051 2.51%
San Joaquin Hills Transportation Corridor Agency n/a 2.45%
San Joaquin Hills Transportation Corridor Agency n/a 2.22%
California Cmnty Hsg Agy Essen Jr Bds CA CCHHSG 4 08.01.2046 2.00%
Grand Canyon University 5.125% GCUNIV 5.125 10.01.28 1.84%
Public Auth CO PUBUTL 6.5 11.15.2038 1.71%
Puerto Rico Elec Pwr Auth PR PRCPWR 5.25 07.01.2032 1.67%
Los Angeles Department Of Water & Power Dv&Dp n/a 1.46%
Cscda Cmnty Impt Auth n/a 1.25%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Sep 30, 2024 $0.03067 Sep 30, 2024
Full Dividend History