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Morningstar

Franklin High Yield Tax Free Inc C FHYIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 8.48  /  0.22 %
  • Total Assets 4.8 Bil
  • Adj. Expense Ratio
    1.180%
  • Expense Ratio 1.180%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.86%
  • Effective Duration 8.10 years

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:21 PM GMT+0

Morningstar’s Analysis FHYIX

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

People Pillar

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

A work in progress.

Senior Analyst Peter Marchese

Peter Marchese

Senior Analyst

Summary

Franklin High Yield Tax-Free Income’s restructuring remains a work in progress. All share classes for this strategy retain a Morningstar Analyst Rating of Neutral.

by Peter Marchese
Rated on Published on

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Portfolio Holdings FHYIX

More FHYIX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 1752
  • Other Holdings 10
  • % Assets in Top 10 Holdings 14.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0%

2.49
125,192,184
municipal

SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0%

2.03
101,971,749
municipal

Grand Canyon University 5.125%

1.73
86,696,197
Corporate

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.57
78,803,157
municipal

JEFFERSON CNTY ALA SWR REV 0%

1.56
78,527,678
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%

1.43
71,641,393
municipal

PUERTO RICO ELEC PWR AUTH PWRREVENUE 7.125000 07/01/2059

1.34
67,236,779
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

1.00
49,984,685
municipal

SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6%

0.88
44,195,809
municipal

SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 6%

0.88
44,132,433
municipal