expense ratio of 0.50% is below-average for a no-load municipal short-term fund. Franklin Federal Tax-Free Income FKTIX Whether to use a long-term municipal-bond fund such as this one as a core holding is somewhat debatable these days given
mentioned in this video : Fidelity Municipal Income FHIGX Fidelity Tax-Free Bond FTABX Franklin Federal Tax-Free Income FKTIX Vanguard Long-Term Tax-Exempt VWLTX Franklin High Yield Tax-Free FRHIX T. Rowe Price Tax-Free High-Yield PRFHX
out of the most problematic San Joaquin Hills toll road bonds that stung its big sibling Franklin California Tax-Free Income FKTIX this year. This fund's less than 2% stake in bonds insured by MBIA did drop in value this year, but not as much as its
Yield might decline in coming years as the fund's older, higher-coupon bonds are called away or mature.Solid yield and long-term total returns amid less relative volatility.Cheaper than most broker-sold long-term muni funds.Longtime managers Carrie Higgins and Francisco Rivera do most of the
Arizona FTAZX, Missouri FRMOX, and Colorado FRCOX municipal offerings and assists with Franklin Federal Tax-Free Income FKTIX .USAFPRTXSupporting Player. This is a good choice for investors who reside in states that tax the income on their own municipal
Yield might decline in coming years as the fund's older, higher-coupon bonds are called away or mature.Solid yield and long-term total returns amid less relative volatility.Cheaper than most broker-sold long-term muni funds.Longtime managers Carrie Higgins and Francisco Rivera do most of the
Arizona FTAZX, Missouri FRMOX, and Colorado FRCOX municipal offerings and assists with Franklin Federal Tax-Free Income FKTIX .USAFPRTXSupporting Player. This is a good choice for investors who reside in states that tax the income on their own municipal
by the typical muni-national offering. This fund even lost a bit less than sibling Franklin Federal Tax-Free Income Fund FKTIX , which has a national purview. The fund's returns top the typical muni-national long fund's in every trailing period
This fund hasn't stood out in recent months, but it's still one of our favorites.