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Franklin Federal Tax Free Income A1 FKTIX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.83  /  +0.21 %
  • Total Assets 8.9 Bil
  • Adj. Expense Ratio
    0.640%
  • Expense Ratio 0.640%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 3.45%
  • Effective Duration 7.52 years

USD | NAV as of Feb 23, 2024 | 1-Day Return as of Feb 23, 2024, 11:14 PM GMT+0

Morningstar’s Analysis FKTIX

Will FKTIX outperform in future?

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

Weakness in Franklin Federal Tax Free Income A1's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

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Portfolio Holdings FKTIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 5.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

0.72 65.0 Mil
municipal

TENNERGY CORP TENN GAS REV 5.5%

0.66 59.2 Mil
municipal

SAN MATEO FOSTER CITY CALIF SCH DIST 0%

0.59 53.2 Mil
municipal

MIAMI-DADE CNTY FLA EXPWY AUTH TOLL SYS REV 5%

0.55 49.4 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

0.54 48.8 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

0.53 48.0 Mil
municipal

LIBERTY N Y DEV CORP REV 5.25%

0.53 47.9 Mil
municipal

TOBACCO SETTLEMENT FING CORP N J 5%

0.53 47.5 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

0.52 46.5 Mil
municipal

PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 5.25%

0.48 43.2 Mil
municipal