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Franklin Connecticut Tax-free Income Fund Class C: (MF: FCTIX)
(NASDAQ Mutual Funds) As of Apr 18, 2024 08:00 PM ET
$9.05 USD
-0.01 (-0.11%)
Zacks MF Rank
5-Strong Sell of 5 5
Fund Description
The fund was incepted in October 1988 and is managed by Franklin Advisers. The main objective of the fund is to provide a high level of income exempt from federal income taxes and from state personal income taxes, if any, for resident shareholders of the fund's state as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of its total assets in securities that pay interest free from the personal income taxes, if any, of that fund's state. The fund offers dividends monthly. Capital gains, if any, are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Franklin CT Tax-Free Inc C | FCTIX | NA | NA | 1.00 | 0.65 | 0.57 | 1.30 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Franklin CT Tax-Free Inc A | FXCTX | 9.00 | 10/3/1988 | 0.66 | 3.71 | -1.25 | 0.57 |
| Franklin CT Tax-Free Inc C | FCTIX | 9.05 | 5/1/1995 | 0.52 | 3.11 | -1.82 | -0.02 |
| Franklin CT Tax-Free Inc Adv | FCNZX | 9.00 | 1/7/2010 | 0.68 | 3.81 | -1.15 | 0.66 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Franklin CT Tax-Free Inc C | FCTIX | 1000 | 0 | 0 | M |
Contact Information
| Family | Franklin |
| Address | One Franklin Parkway San Mateo, CA 94403 |
| Phone | 800 342-5236 |