Franklin Double Tax-Free Income A One Franklin Parkway San Mateo CA 94403-1906 Map
Phone: 800-632-2301
| Category: | Muni National Long | | Fund Family: | Franklin Templeton Investments | | Net Assets: | 496.16M | | Year-to-Date Return: | 24.75% | | Yield: | 4.29% | | Morningstar Rating: |  | | Fund Inception Date: | 03-Apr-85 |
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Carrie Higgins
Lead Manager since
31-Dec-92 | | | Higgins has been an analyst or portfolio manager of the fund since 2004. She joined Franklin Templeton Investments in 1990. Higgins is a member of the National Federation of Municipal Analysts, California Society of Municipal Analysts and the San Francisco Municipal Bond Club. |
| 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: | $50 |
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| The investment seeks high income exempt from federal and state personal income taxes, consistent with prudent investment management and preservation of capital. The fund normally invests at least 80% of total assets in securities whose interest is exempt from federal income taxes. It invests at least 80% of total assets in securities whose interest is free from state personal income taxes. It may invest up to 20% of total assets 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 is nondiversified. |
| Last Dividend
(21-Sep-09):
| 0.04 | | Last Cap Gain
(18-Jun-04):
| 0.02 | | Annual Holdings Turnover
| 14.45% | | Average for Category:
| 51.03% |
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| Expense | FPRTX | Category Avg | | Total Expense Ratio: | 0.68%
| 1.02% | | Max 12b1 Fee: | 0.10%
| N/A | | Max Front End Sales Load: | 4.25%
| 4.27% | | Max Deferred Sales Load: | %
| 2.69% | | 3 Yr Expense Projection*: |
$ 633 | $548 | | 5 Yr Expense Projection*: |
$ 788 | $794 | | 10 Yr Expense Projection*: |
$ 1,236 | $1,491 |
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