FBCAX: Franklin CA High Yield Municipal B

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

FBCAX Franklin CA High Yield Municipal B


Profile

FBCAX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 9.8%
  • 5 Yr Annualized Return 7.9%
  • Net Assets $1.93 B
  • Holdings in Top 10 16.5%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.16%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 6.67%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Mar 01, 2005
  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

  • Primary Caregory N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Muni California Long

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 8.9%
  • 5 Yr Annualized Total Return 7.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.51%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin California High Yield Municipal Fund
  • Fund Family Name
    N/A
  • Inception Date
    Feb 01, 2000
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The fund invests at least 80% of its net assets in municipal securities whose interest is free from regular federal income taxes and from California personal income taxes. It also may have up to 100% of its assets in securities that pay interest subject to the federal alternative minimum tax. The fund also may invest up to 35% of its total assets in municipal securities issued by U.S. territories.


Get Updates About FBCAX

Sign up for Advisor Access to receive email updates about FBCAX competitors, news, CE accredited webcasts and more.


Categories

FBCAX - Mutual Fund Categories


Performance

FBCAX - Performance

Return Ranking - Trailing

Period FBCAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr 9.2% -64.8% 268.1% N/A
3 Yr 9.8%* -100.0% 115.6% N/A
5 Yr 7.9%* -100.0% 58.6% N/A
10 Yr 5.3%* -12.1% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period FBCAX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -100.0% 73.0% N/A
2018 N/A -76.0% 212.6% N/A
2017 N/A -65.0% 900.0% N/A
2016 N/A -87.3% 336.8% N/A
2015 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period FBCAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr 5.2% -64.8% 268.1% N/A
3 Yr 8.9%* -100.0% 115.6% N/A
5 Yr 7.6%* -100.0% 58.6% N/A
10 Yr 5.3%* -12.1% 26.3% N/A

* Annualized

Total Return Ranking - Calendar

Period FBCAX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -100.0% 76.6% N/A
2018 N/A -30.7% 212.6% N/A
2017 N/A -65.0% 900.0% N/A
2016 N/A -87.3% 341.1% N/A
2015 N/A -60.1% 304.1% N/A

NAV & Total Return History


Holdings

FBCAX - Holdings

Concentration Analysis

FBCAX Category Low Category High FBCAX % Rank
Net Assets 1.93 B 10 804 B N/A
Number of Holdings 448 1 17333 N/A
Net Assets in Top 10 310 M -7.11 B 145 B N/A
Weighting of Top 10 16.45% 0.0% 20474.3% N/A

Top 10 Holdings

  1. California St Go Bds 5% 2.85%
  2. M-S-R Engy Auth 6.5% 2.36%
  3. California Statewide Cmntys De Rev 5.25% 2.13%
  4. San Joaquin Hills Calif Transn Sr Lie 5% 1.67%
  5. Foothill / Eastern Transn Corr Toll Rd 1.55%
  6. California Statewide Cmntys De Var 2.1% 1.35%
  7. San Joaquin Hills Calif Transn Rev Ref B 1.35%
  8. Golden St Tob Securitization C Tobacc 5% 1.18%
  9. Puerto Rico Pub Bldgs Auth 5.25% 1.05%
  10. Foothill / Eastern Transn Corr Toll Rd 0.95%

Asset Allocation

Weighting Return Low Return High FBCAX % Rank
Bonds
98.55% -955.59% 2458.15% N/A
Cash
1.45% -2458.20% 7388.76% N/A
Stocks
0.00% -142.98% 259.25% N/A
Preferred Stocks
0.00% -21.20% 80.89% N/A
Other
0.00% -7288.76% 493.15% N/A
Convertible Bonds
0.00% -0.37% 144.58% N/A

Bond Sector Breakdown

Weighting Return Low Return High FBCAX % Rank
Municipal
98.55% 0.00% 165.37% N/A
Cash & Equivalents
1.45% -2458.20% 7388.76% N/A
Derivative
0.00% -511.61% 54.22% N/A
Securitized
0.00% -24.16% 264.51% N/A
Corporate
0.00% -46.36% 3345.86% N/A
Government
0.00% -3298.93% 2458.15% N/A

Bond Geographic Breakdown

Weighting Return Low Return High FBCAX % Rank
US
98.55% -955.59% 2458.15% N/A
Non US
0.00% -153.97% 464.75% N/A

Expenses

FBCAX - Expenses

Operational Fees

FBCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.16% -2.86% 950.64% N/A
Management Fee 0.47% 0.00% 2.87% N/A
12b-1 Fee 0.64% 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 52000.00% N/A

Sales Fees

FBCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load 4.00% 0.25% 5.50% N/A

Trading Fees

FBCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FBCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.67% 0.00% 5067.00% N/A

Distributions

FBCAX - Distributions

Dividend Yield Analysis

FBCAX Category Low Category High FBCAX % Rank
Dividend Yield 0.00% 0.00% 84.51% N/A

Dividend Distribution Analysis

FBCAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

FBCAX Category Low Category High FBCAX % Rank
Net Income Ratio 4.51% -46.00% 10.88% N/A

Capital Gain Distribution Analysis

FBCAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FBCAX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.52 5.37 3.25