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Franklin Tax Free Tr High Yield Tax-free Income Fd Cl A1: (MF: FRHIX)

(NASDAQ Mutual Funds) As of Jan 16, 2020 08:00 PM ET

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$10.27 USD

0.00 (NA)

Zacks MF Rank 4-Sell       4  

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1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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Zacks Premium Research for FRHIX

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

Zacks MF Rank Sell 4
MF Research Report

Fund Description

The fund was incepted in March 1986 and is managed by the Franklin Advisers. The fund seeks to invest in high yielding, lower rated municipal securities from across the nation. The fund's secondary goal is capital appreciation. The fund's principal investment goal is to provide investors with a high current yield exempt from federal income taxes. The fund normally invests at least 80% of its assets in securities whose interest is free from personal income taxes and federal income taxes, including the federal alternative minimum tax. 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 High Yield Tax-Free Income A FRHIX 3.75 NA 0.00 0.10 0.45 0.66

Return Data

Ticker Nav Inception Date % yield 1 year return 2 year return 3 year return
Franklin High Yld Tax-Free Inc A FRHIX 10.27 3/18/1986 4.19 7.64 4.43 3.51
Franklin High Yld Tax-Free Inc C FHYIX 10.46 5/1/1995 3.65 7.06 3.85 2.94
Franklin High Yld Tax-Free Inc Adv FHYVX 10.30 10/5/2006 4.19 7.83 4.54 3.62

Investment Information

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

Contact Information

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