The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.
Franklin CA High Yield Municipal Adv FVCAX
- NAV / 1-Day Return 9.93 / +0.14 %
- Total Assets 2.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.590%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Muni California Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 4.15%
- Effective Duration 7.07 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FVCAX
Will FVCAX 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 15.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.25% | 3.41 | 90.7 Mil | municipal |
CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.25% | 1.74 | 46.3 Mil | municipal |
Grand Canyon University 5.125% | 1.56 | 41.6 Mil | Corporate |
M-S-R ENERGY AUTH CALIF GAS REV 6.5% | 1.55 | 41.3 Mil | municipal |
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0% | 1.41 | 37.6 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 1.33 | 35.5 Mil | municipal |
FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0% | 1.33 | 35.5 Mil | municipal |
PUERTO RICO ELEC PWR AUTH PWR REV 7.125% | 1.24 | 33.0 Mil | municipal |
CMFA SPL FIN AGY CALIF ESSENTIAL HSG REV 4.5% | 1.22 | 32.4 Mil | municipal |
CALIFORNIA HEALTH FACS FING AUTH REV 5% | 0.95 | 25.4 Mil | municipal |