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    Franklin CA Tax-Free Income A (FKTFX)

    7.59 0.00(0.00%) Feb 27

    Profile as of Jan 30, 2015Get Profile for:
    Franklin CA Tax-Free Income A
    Franklin California Tax Free Income FundOne Franklin ParkwaySan Mateo, CA 94403-1906
    Map
    Phone: 800-632-2301
    Fund Overview 
    Category:Muni California Long
    Fund Family:Franklin Templeton Investments
    Net Assets:14.05B
    Year-to-Date Return:2.33%
    Yield:4.02%
    Morningstar Rating:4 stars
    Fund Inception Date:Feb 1, 1977
    Morningstar Style Box 
    Muni California Long
    [View Category Definition]
    View Top Muni California Long Funds
    About the Morningstar Style Box

    Style box information not available for FKTFX.

    Management Information 
    John S. Wiley
    Lead Manager since Aug 1, 1991
    Wiley has been an analyst or portfolio manager with Franklin Templeton Investments, his employer since 1989. He holds the Chartered Financial Analyst designation.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:50
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:50
    FKTFX can be purchased from 106 brokerages.

    Fund Summary 
    The investment seeks to provide investors with as high a level of income exempt from federal income taxes. 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. It is possible that up to 20% of its assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and, although not anticipated, in securities that pay taxable interest. The fund also may invest up to 35% of its total assets in municipal securities issued by U.S. territories.

    Fund Operations 
    Last Dividend (Feb 1, 2015) : 0.03
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Feb 25, 2015) : 20.33%
    Average for Category:20.91%
    Fees & Expenses 
    ExpenseFKTFXCategory Avg
    Annual Report Expense Ratio (net):0.57%0.92%
    Prospectus Net Expense Ratio:0.57%N/A
    Prospectus Gross Expense Ratio:0.57%N/A
    Max 12b1 Fee:0.09%N/A
    Max Front End Sales Load:4.25%4.07%
    Max Deferred Sales Load: N/A2.18%
    3 Yr Expense Projection*:600461
    5 Yr Expense Projection*:730684
    10 Yr Expense Projection*:1,1081,302
    * Per $10,000 invested