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Franklin High Yield Tax Free Inc Adv FHYVX

Analyst rating as of
NAV / 1-Day Return
10.50  /  0.01 %
Total Assets
6.9 Bil
Adj. Expense Ratio
0.540%
Expense Ratio
0.540%
Fee Level
Low
Longest Manager Tenure
16.35 years
Category
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Low / Extensive
Min. Initial Investment
100,000
Status
Open
TTM Yield
3.84%
Effective Duration
7.14 years
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Morningstar’s Analysis

Will FHYVX 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.

Summary

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The reorganization of personnel supporting Franklin High Yield 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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