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Franklin CA High Yield Municipal B (FBCAX)On Nov 6: 9.17   0.00 (0.00%)  
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Profile  As of 30-Sep-09Get Profile for:
Franklin CA High Yield Municipal B
One Franklin Parkway San Mateo CA 94403-1906
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Phone: 800-632-2301
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FUND OVERVIEW 
Category:Muni California Long
Fund Family:Franklin Templeton Investments
Net Assets:12.09M
Year-to-Date Return:30.66%
Yield:4.89%
Morningstar Rating:2 stars
Fund Inception Date:01-Feb-00
MORNINGSTAR STYLE BOX 
Muni California Long
[View Category Definition]

Style box information not available for FBCAX

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MANAGEMENT INFORMATION 
John Wiley
Lead Manager since 03-May-93
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:NaN
Min Initial Investment, AIP:$50
Min Subsequent Investment:NaN
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
FBCAX can be purchased from 14 brokerages.
FUND SUMMARY 
The investment seeks a high level of income exempt from federal and California personal income taxes. Capital appreciation is a secondary consideration. The fund normally invests at least 80% of net assets in municipal securities whose interest is free from regular federal income taxes and from California personal income taxes. It may invest up to 20% of net assets in securities that pay taxable interest. The fund also may have up to 100% of assets in securities that pay interest subject to the federal alternative minimum tax. It may invest up to 35% of assets in municipal securities issued by U.S. territories.
FUND OPERATIONS 
Last Dividend (22-Sep-09): 0.04
Last Cap Gain YFT_NOT_APPLICABLE_ABBREVIATION
Annual Holdings Turnover 9.85%
Average for Category: 31.43%
FEES & EXPENSES 
ExpenseFBCAXCategory
Avg
Total Expense Ratio:1.18% 1.02%
Max 12b1 Fee:0.65% N/A
Max Front End Sales Load:% 4.28%
Max Deferred Sales Load:4.00% 2.70%
3 Yr Expense Projection*: $ 675$560
5 Yr Expense Projection*: $ 849$801
10 Yr Expense Projection*: $ 1,279$1,490
* Per $10,000 invested


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