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Franklin Federal Tax Free Income Adv FAFTX

Analyst rating as of
NAV / 1-Day Return
10.73  /  0.21 %
Total Assets
10.5 Bil
Adj. Expense Ratio
0.530%
Expense Ratio
0.530%
Fee Level
Average
Longest Manager Tenure
25.49 years
Category
Muni National Long
Credit Quality / Interest Rate Sensitivity
Min. Initial Investment
100,000
Status
Open
TTM Yield
3.04%
Effective Duration
6.77 years

Morningstar’s Analysis

Will FAFTX outperform in future?

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

The new head of Franklin’s municipal platform has made multiple changes.

Senior Analyst

Summary

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The reorganization of the team managing Franklin Federal Tax Free Income has the potential to benefit the strategy over the long term, but more time is needed to assess whether these adjustments, plus process changes, create material improvements. All share classes for this strategy retain a Morningstar Analyst Rating of Neutral.

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