The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
Franklin CA High Yield Municipal R6 FCAQX
- NAV / 1-Day Return 9.84 / +0.01 %
- Total Assets 2.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.510%
- Distribution Fee Level Below Average
- Share Class Type Retirement, Large
- Category Muni California Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 4.30%
- Effective Duration 7.36 years
USD | NAV as of May 16, 2024 | 1-Day Return as of May 16, 2024, 10:16 PM GMT+0
Morningstar’s Analysis FCAQX
Will FCAQX 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 16.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5.25% | 3.51 | 90.0 Mil | municipal |
CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.25% | 1.83 | 47.0 Mil | municipal |
M-S-R ENERGY AUTH CALIF GAS REV 6.5% | 1.61 | 41.4 Mil | municipal |
Grand Canyon University 5.125% | 1.58 | 40.7 Mil | Corporate |
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0% | 1.45 | 37.1 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 1.40 | 36.0 Mil | municipal |
FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0% | 1.30 | 33.2 Mil | municipal |
PUERTO RICO ELEC PWR AUTH PWR REV 7.125% | 1.29 | 33.0 Mil | municipal |
CMFA SPL FIN AGY CALIF ESSENTIAL HSG REV 4.5% | 1.20 | 30.8 Mil | municipal |
CALIFORNIA HEALTH FACS FING AUTH REV 5% | 0.98 | 25.1 Mil | municipal |