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Franklin California Tax-free Income Fund Class A1: (MF: FKTFX)

(NASDAQ Mutual Funds) As of Oct 22, 2021 08:00 PM ET

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$7.68 USD

0.00 (NA)

Zacks MF Rank

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Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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4-Sell of 5       4  

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Zacks Premium Research for FKTFX

Zacks MF Rank

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

Zacks Mutual Fund Rank FAQ - Learn more about the Zacks Mutual Fund Rank
Zacks Mutual Fund Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank

Sell 4
MF Research Report

Fund Description

The fund was incepted in February 1977 and is managed by Franklin Advisers. The main objective of the fund is to provide investors with a high level of income exempt from federal and California income taxes and the preservation of shareholders' capital. The fund invests at least 80% of its total assets in investment grade municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax, and from California personal income taxes. The fund may also invest up to 35% of its total assets in municipal securities issued by U.S. territories. 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 California Tax-Free Income A FKTFX 3.75 NA 0.00 0.10 0.44 0.60

Return Data

Ticker Nav Inception Date % yield 1 year return 2 year return 3 year return
Franklin California Tx-Fr Inc A FKTFX 7.68 2/1/1977 2.63 3.01 5.28 3.15
Franklin California Tx-Fr Inc C FRCTX 7.69 5/1/1995 2.05 2.58 4.72 2.61
Franklin California Tx-Fr Inc Adv FCAVX 7.69 2/1/1977 2.67 3.12 5.38 3.27

Investment Information

Ticker Minimum Initial Investment ($) Minimum Subsequent Investment ($) Minimum Initial IRA ($) Dividend Frequency
Franklin California Tax-Free Income A FKTFX 1000 0 0 M

Contact Information

Family Franklin/Temp
Address One Franklin Pkwy
San Mateo, CA 94403
Phone 800 342-5236