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Morningstar

Franklin Federal Lmtd-Term T/F Inc Adv FTFZX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.25  /  +0.02 %
  • Total Assets 880.9 Mil
  • Adj. Expense Ratio
    0.410%
  • Expense Ratio 0.410%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.69%
  • Effective Duration 2.46 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FTFZX

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

  • People Pillar

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

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Franklin Federal Lmtd-Term T/ F Inc Adv to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FTFZX

More FTFZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Franklin Municipal Green Bond ETF

4.19 37.0 Mil
—

GARDEN ST N J PRESERVATION TR OPEN SPACE & FARMLAND PRESERVATION 5.75%

3.01 26.6 Mil
municipal

SOUTHEAST TEX HSG FIN CORP MULTI-FAMILY HSG REV 6.5%

2.91 25.7 Mil
municipal

ST JOHN BAPTIST PARISH LA REV 2.125%

1.95 17.3 Mil
municipal

TENNESSEE ENERGY ACQUISITION CORP GAS REV 5%

1.73 15.3 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

1.69 14.9 Mil
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4.778%

1.59 14.0 Mil
municipal

CALIFORNIA MUN FIN AUTH MULTIFAMILY HSG REV 5%

1.52 13.4 Mil
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 2%

1.47 13.0 Mil
municipal

CENTENNIAL GARDENS LP 6.5% 08/01/2024 TERM LOAN (DELAY DRAW)

1.39 12.3 Mil
Cash and Equivalents