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Morningstar

Franklin CO Tax Free Income Adv FCOZX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.39  /  −0.09 %
  • Total Assets 497.6 Mil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 3.07%
  • Effective Duration 6.99 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:49 PM GMT+0

Morningstar’s Analysis FCOZX

Will FCOZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FCOZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FCOZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FCOZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Franklin CO Tax Free Income Adv to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FCOZX

More FCOZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

FORT COLLINS COLO ELEC UTIL ENTERPRISE REV 5%

2.85 14.4 Mil
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%

2.47 12.5 Mil
municipal

REGIONAL TRANSN DIST COLO SALES TAX REV 5%

2.27 11.5 Mil
municipal

REGIONAL TRANSN DIST COLO SALES TAX REV 5%

2.07 10.5 Mil
municipal

DENVER COLO CITY & CNTY BRD WTR COMMRS WTR REV 5%

2.05 10.4 Mil
municipal

DENVER COLO CONVENTION CTR HOTEL AUTH REV 5%

1.99 10.1 Mil
municipal

PARK CREEK MET DIST COLO REV 5%

1.91 9.7 Mil
municipal

DENVER COLO HEALTH & HOSP AUTH HEALTHCARE REV 5.25%

1.86 9.4 Mil
municipal

COLORADO HEALTH FACS AUTH REV 4%

1.85 9.4 Mil
municipal

COLORADO HEALTH FACS AUTH REV 5%

1.69 8.5 Mil
municipal