Franklin Federal Tax-free Income Fund Class A1: (MF: FKTIX)
(NASDAQ Mutual Funds) As of Jan 12, 2026 05:40 PM ET
$10.82 USD
0.00 (NA)
Fund Description
The fund invests at least 80% of its total assets in investment-grade municipal securities, with interest free from federal income taxes, including the federal alternative minimum tax. While it aims for a pure focus on tax-free securities, up to 20% of total assets may include taxable interest securities or those subject to the alternative minimum tax. The fund only acquires municipal securities rated in the top four categories by recognized rating services or those of comparable quality. It may invest in securities issued by U.S. territories and does not focus on specific states. The investment manager targets a balanced risk-return profile with a long-term horizon, assessing various factors for securities selection and management.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Franklin Federal Tax-Free Inc A1 | FKTIX | 3.75 | NA | 0.00 | 0.10 | 0.45 | 0.62 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Franklin Federal Tax-Free Inc A | FKTIX | 10.82 | 10/7/1983 | 3.72 | 1.87 | 4.46 | 0.87 |
| Franklin Federal Tax-Free Inc C | FRFTX | 10.74 | 5/1/1995 | 3.18 | 1.32 | 3.89 | 0.31 |
| Franklin Federal Tax-Free Inc Adv | FAFTX | 10.76 | 10/7/1983 | 3.82 | 1.97 | 4.56 | 0.95 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Franklin Federal Tax-Free Inc A1 | FKTIX | CLOSED | 99 | 99 | M |
Contact Information
| Family | Franklin |
| Address | One Franklin Parkway San Mateo, CA 94403 |
| Phone | 800 342-5236 |