Franklin CA Tax Free Income A (FTFQX)
| Fund Assets | 12.86B |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000 |
| Turnover | 7.96% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 3.41% |
| Dividend Growth | 2.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 6.79 |
| YTD Return | -0.01% |
| 1-Year Return | -0.88% |
| 5-Year Return | 1.09% |
| 52-Week Low | 6.44 |
| 52-Week High | 6.98 |
| Beta (5Y) | n/a |
| Holdings | 1133 |
| Inception Date | Jan 31, 1977 |
About FTFQX
Franklin California Tax-Free Income Fund Class A is a mutual fund that focuses on generating high levels of income exempt from both federal and California state personal income taxes. The fund primarily invests at least 80% of its total assets in investment-grade municipal securities issued by entities within California, ensuring that the interest income it produces is generally tax-free for California residents. With a large asset base exceeding $13 billion and a portfolio diversified across more than 1,000 holdings, the fund plays a significant role in the market for municipal bonds and local government finance. Its holdings support essential public sectors such as transportation infrastructure and healthcare, as evidenced by major exposures to bonds from California transportation agencies and healthcare facilities. The fund distributes income monthly and is often used by investors seeking tax-advantaged income streams. Since its inception in 1977, Franklin California Tax-Free Income Fund Class A has catered primarily to individuals seeking tax efficiency and a degree of capital preservation, while contributing to the funding of critical public projects statewide.
Performance
FTFQX had a total return of -0.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.15%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VCITX | Vanguard | Vanguard California Long Term Tax Exempt Fund | 0.14% |
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 | $0.01929 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02143 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02071 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01932 | Jun 30, 2025 |
| May 30, 2025 | $0.0214 | May 30, 2025 |
| Apr 30, 2025 | $0.02009 | Apr 30, 2025 |