Advertisement
Skip to Content
Morningstar

Franklin CO Tax Free Income C FCOIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.36  /  0.03 %
  • Total Assets 533.8 Mil
  • Adj. Expense Ratio
    1.240%
  • Expense Ratio 1.230%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.21%
  • Effective Duration 7.33 years

USD | NAV as of May 26, 2023 | 1-Day Return as of May 26, 2023, 10:14 PM GMT+0

Morningstar’s Analysis FCOIX

Will FCOIX 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 FCOIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FCOIX 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 FCOIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Weakness in Franklin CO Tax Free Income C's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FCOIX

More FCOIX Holdings
  • Current Portfolio Date Apr 30, 2023
  • Equity Holdings 0
  • Bond Holdings 181
  • Other Holdings 2
  • % Assets in Top 10 Holdings 21.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ARAPAHOE CNTY COLO SCH DIST NO 006 LITTLETON 5.5%

2.71
14,827,178
municipal

FORT COLLINS COLO ELEC UTIL ENTERPRISE REV 5%

2.71
14,799,412
municipal

DENVER COLO CITY & CNTY SCH DIST NO 1 5%

2.44
13,335,075
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%

2.23
12,165,987
municipal

REGIONAL TRANSN DIST COLO SALES TAX REV 5%

2.14
11,700,053
municipal

REGIONAL TRANSN DIST COLO SALES TAX REV 5%

1.96
10,706,410
municipal

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

1.96
10,701,465
municipal

DENVER COLO CONVENTION CTR HOTEL AUTH REV 5%

1.83
9,978,172
municipal

DENVER COLO HEALTH & HOSP AUTH HEALTHCARE REV 5.25%

1.74
9,494,569
municipal

COLORADO HEALTH FACS AUTH REV 4%

1.68
9,160,461
municipal