Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Franklin CA High Yield Municipal C FCAHX
- NAV / 1-Day Return 9.92 / +0.11 %
- Total Assets 2.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.200%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Muni California Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.54%
- Effective Duration 7.65 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0
Morningstar’s Analysis FCAHX
Will FCAHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.25% | 3.52 | 89.6 Mil | municipal |
CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.25% | 1.83 | 46.6 Mil | municipal |
M-S-R ENERGY AUTH CALIF GAS REV 6.5% | 1.66 | 42.2 Mil | municipal |
Grand Canyon University 5.125% | 1.64 | 41.9 Mil | Corporate |
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0% | 1.49 | 38.0 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 1.42 | 36.2 Mil | municipal |
FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0% | 1.36 | 34.6 Mil | municipal |
PUERTO RICO ELEC PWR AUTH PWR REV 7.125% | 1.29 | 33.0 Mil | municipal |
CMFA SPL FIN AGY CALIF ESSENTIAL HSG REV 4.5% | 1.22 | 31.0 Mil | municipal |
CALIFORNIA HEALTH FACS FING AUTH REV 5% | 1.02 | 26.0 Mil | municipal |