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%
0.48% INDIANAPOLIS IND LOC PUB IMPT BD BK 5%
0.46% METROPOLITAN TRANSN AUTH N Y REV 5%
0.45% DENVER COLO CITY & CNTY DEDICATED TAX REV 5%
0.44% NORTH CAROLINA EASTN MUN PWR AGY PWR SYS REV 6.25%
0.42% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
0.40% MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET BACKED REV 6%
0.39% CALIFORNIA ST 5.25%
0.39% CHICAGO ILL O HARE INTL ARPT REV 5.25%
0.39% OHIO ST TPK COMMN TPK REV 0%
0.38% KNOX CNTY TENN HEALTH EDL & HSG FAC BRD HOSP REV 5%
0.38% LOUISIANA PUB FACS AUTH HOSP REV 5%
0.38% NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
0.38% NORTH TEX TWY AUTH REV 5%
0.37% GAINESVILLE FLA UTILS SYS REV 5%
0.37% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo