Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Franklin VA Tax Free Income C FVAIX
- NAV / 1-Day Return 10.22 / +0.02 %
- Total Assets 416.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.270%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Muni Single State Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.21%
- Effective Duration 7.01 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FVAIX
Will FVAIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 20.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
HAMPTON ROADS SANTN DIST VA WASTEWATER REV 5% | 3.01 | 12.5 Mil | municipal |
RICHMOND VA PUB UTIL REV 5% | 2.52 | 10.5 Mil | municipal |
WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 5% | 2.00 | 8.3 Mil | municipal |
VIRGINIA ST RES AUTH INFRASTRUCTURE REV 5% | 1.94 | 8.1 Mil | municipal |
NORTHERN VA TRANSN COMMN TRANSN DIST SPL OBLIG REV 5% | 1.84 | 7.7 Mil | municipal |
VIRGINIA SMALL BUSINESS FING AUTH REV 4% | 1.80 | 7.5 Mil | municipal |
NORFOLK VA WTR REV 5% | 1.75 | 7.3 Mil | municipal |
NORFOLK VA WTR REV 5% | 1.74 | 7.2 Mil | municipal |
VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 21ST CENTY COLLEGE & EQUIP PROG | 1.72 | 7.1 Mil | municipal |
VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 21ST CENTY COLLEGE & EQUIP PROG | 1.67 | 6.9 Mil | municipal |