Franklin Federal Tax-Free Income C One Franklin Parkway San Mateo CA 94403-1906 Map
Phone: 800-632-2301
| Category: | Muni National Long | | Fund Family: | Franklin Templeton Investments | | Net Assets: | 1.05B | | Year-to-Date Return: | 16.99% | | Yield: | 3.95% | | Morningstar Rating: |  | | Fund Inception Date: | 01-May-95 |
|
Sheila Amoroso
Lead Manager since
01-Jan-87 | | | Amoroso is portfolio manager with Franklin Advisers, she joined the firm in 1986. She is also co-director of Franklin's Bond Department. Amoroso is a member of the San Francisco Municipal Bond Club and the California Society of Municipal Analysts. |
| 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 |
|
| |
| The investment seeks a high level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders' capital. The fund normally invests at least 80% of total assets in investment-grade municipal securities that generate income exempt from federal income taxes. It may invest up to 20% of 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 also may invest in municipal lease obligations. |
| Last Dividend
(1-Oct-09):
| 0.04 | | Last Cap Gain
(1-Jun-99):
| 0.01 | | Annual Holdings Turnover
| 6.74% | | Average for Category:
| 51.03% |
|
| Expense | FRFTX | Category Avg | | Total Expense Ratio: | 1.17%
| 1.02% | | Max 12b1 Fee: | 0.65%
| N/A | | Max Front End Sales Load: | %
| 4.27% | | Max Deferred Sales Load: | 1.00%
| 2.69% | | 3 Yr Expense Projection*: |
$ 372 | $548 | | 5 Yr Expense Projection*: |
$ 644 | $794 | | 10 Yr Expense Projection*: |
$ 1,420 | $1,491 |
|
|