Franklin California Tax Free Income Fund Class A (FTFQX)

Fund Assets	11.97B
Expense Ratio	0.746%
Min. Investment	$1,000
Turnover	11.93%
Dividend (ttm)	0.25
Dividend Yield	3.90%
Dividend Growth	3.00%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	6.35
YTD Return	-3.73%
1-Year Return	-2.55%
5-Year Return	-2.96%
52-Week Low	6.27
52-Week High	6.89
Beta (5Y)	n/a
Holdings	1132
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.

• Fund Family: Franklin Templeton, Inc
• Category: Muni California Long
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FTFQX
• Share Class: - Class A
• Index: Bloomberg California TaxExempt Muni Bd TR

Performance

FTFQX had a total return of -2.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.78%.

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 Investor Shares	0.14%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FKTQX	- Class R6	0.48%
FCAVX	- Advisor Class	0.52%
FKTFX	- Class A1	0.61%
FRCTX	- Class C	1.17%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02063	Sep 30, 2026
Aug 31, 2026	$0.01978	Aug 31, 2026
Jul 31, 2026	$0.02258	Jul 31, 2026
Jun 30, 2026	$0.02035	Jun 30, 2026
May 29, 2026	$0.02114	May 29, 2026
Apr 30, 2026	$0.02051	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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