FKTIX : Franklin Federal Tax Free Income Fund Class A1

FKTIX is a Bond Market Municipal Bond with MODERATE fees.

FKTIX

Franklin Federal Tax Free Income Fund Class A1

FI Score

73 /100

Expense Ratio Rating

7 /10

Expense Rating

4 /10

Market Score

10 /10

Category Score

8 /10

Market Size

10 /10

73% FI Score
  • fktix
  • Mutual Fund
  • Bond
  • Municipal Bond

Franklin Federal Tax Free Income Fund Class A1

Expenses: 0.63% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders' capital. 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. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of its total 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.

Largest Holdings

Amount Holding
0.83% NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
0.68% NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
0.56% SOUTH DAKOTA ST HEALTH & EDL FACS AUTH REV 5%
0.53% NORTH TEX TWY AUTH REV 5%
0.53% SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5%
0.53% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%
0.51% CALIFORNIA ST 5.25%
0.50% LOS ANGELES CALIF DEPT ARPTS ARPT REV 5%
0.50% SAN MATEO FOSTER CITY CALIF SCH DIST 0%
0.49% LIBERTY N Y DEV CORP REV 5.25%

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