News
Mutual Funds Weekly Roundup: August 2
Brian Mathews
|
MutualFunds.com provides weekly information about any material impact on the mutual funds industry...
Welcome to MutualFunds.com
Please help us personalize your experience and select the one that best describes you.
Your personalized experience is almost ready.
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
Fixed income news, reports, video and more.
Municipal bonds news, reports, video and more.
Practice management news, reports, video and more.
Portfolio management news, reports, video and more.
Retirement news, reports, video and more.
Learn from industry thought leaders and expert market participants.
Find the latest content and information here about the 2019 Charles Schwab Impact Conference.
18 Most Popular Mutual Fund Categories
View All Categories
15 Most Popular Fund Company Quick Screens
View All Fund Company Quick Screens
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.
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.
Receive email updates about best performers, news, CE accredited webcasts and more.
| Period | FKTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.3% | -31.6% | 952.6% | 65.68% |
| 1 Yr | 0.8% | -28.2% | 963.0% | 65.24% |
| 3 Yr | 0.1%* | -13.2% | 121.1% | 80.99% |
| 5 Yr | -0.3%* | -9.9% | 60.8% | 90.98% |
| 10 Yr | 0.2%* | -5.0% | 3.6% | 64.03% |
* Annualized
| Period | FKTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 3.4% | -1.7% | 20.3% | 63.53% |
| 2018 | -3.1% | -24.9% | 0.8% | 65.60% |
| 2017 | -0.2% | -6.0% | 17.1% | 89.49% |
| 2016 | -3.0% | -14.9% | 15.0% | 82.79% |
| 2015 | -1.4% | -18.3% | 3.0% | 57.14% |
| Period | FKTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.3% | -31.6% | 952.6% | 65.68% |
| 1 Yr | 0.8% | -28.2% | 963.0% | 65.20% |
| 3 Yr | 2.2%* | -10.3% | 121.1% | 25.62% |
| 5 Yr | 2.4%* | -7.9% | 60.8% | 10.97% |
| 10 Yr | 3.6%* | -5.0% | 6.8% | 3.34% |
* Annualized
| Period | FKTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 4.3% | -1.7% | 20.3% | 46.94% |
| 2018 | 0.6% | -24.9% | 3.1% | 3.67% |
| 2017 | 3.6% | -6.0% | 27.0% | 11.31% |
| 2016 | 0.7% | -14.8% | 15.0% | 33.06% |
| 2015 | 2.4% | -12.6% | 4.2% | 1.35% |
| FKTIX | Category Low | Category High | FKTIX % Rank | |
|---|---|---|---|---|
| Net Assets | 10.6 B | 641 K | 269 B | 6.24% |
| Number of Holdings | 822 | 1 | 18073 | 20.33% |
| Net Assets in Top 10 | 605 M | -587 M | 21.3 B | 16.15% |
| Weighting of Top 10 | 5.67% | 2.3% | 100.0% | 97.66% |
| Weighting | Return Low | Return High | FKTIX % Rank | |
|---|---|---|---|---|
| Bonds | 99.97% | 71.08% | 171.20% | 13.53% |
| Cash | 0.03% | -73.78% | 27.48% | 83.89% |
| Stocks | 0.00% | -0.93% | 19.79% | 51.03% |
| Preferred Stocks | 0.00% | -0.14% | 8.39% | 54.94% |
| Other | 0.00% | -27.60% | 35.82% | 49.22% |
| Convertible Bonds | 0.00% | 0.00% | 10.07% | 71.47% |
| Weighting | Return Low | Return High | FKTIX % Rank | |
|---|---|---|---|---|
| Municipal | 99.74% | 0.00% | 100.11% | 10.88% |
| Cash & Equivalents | 0.26% | -26.49% | 41.51% | 87.09% |
| Derivative | 0.00% | -0.83% | 24.19% | 52.46% |
| Securitized | 0.00% | 0.00% | 97.63% | 74.61% |
| Corporate | 0.00% | 0.00% | 99.89% | 78.69% |
| Government | 0.00% | -2.21% | 100.00% | 77.01% |
| Weighting | Return Low | Return High | FKTIX % Rank | |
|---|---|---|---|---|
| US | 99.77% | 58.40% | 150.78% | 8.69% |
| Non US | 0.20% | -35.87% | 29.50% | 77.99% |
| FKTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.63% | 0.01% | 34.57% | 64.26% |
| Management Fee | 0.45% | 0.00% | 1.50% | 69.41% |
| 12b-1 Fee | 0.10% | 0.00% | 1.00% | 18.57% |
| Administrative Fee | 0.15% | 0.00% | 0.50% | 75.49% |
| FKTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 3.75% | 0.50% | 5.75% | 48.23% |
| Deferred Load | N/A | 0.25% | 5.50% | N/A |
| FKTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
| FKTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 14.58% | 0.00% | 496.90% | 17.02% |
| FKTIX | Category Low | Category High | FKTIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.97% | 51.13% |
| FKTIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
| FKTIX | Category Low | Category High | FKTIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.60% | -1.31% | 6.53% | 4.61% |
| FKTIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
| Date | Amount |
|---|---|
| Apr 03, 2019 | $0.034 |
| Mar 05, 2019 | $0.034 |
| Feb 05, 2019 | $0.035 |
| Jan 07, 2019 | $0.036 |
| Dec 05, 2018 | $0.037 |
| Nov 05, 2018 | $0.037 |
| Oct 03, 2018 | $0.037 |
| Sep 06, 2018 | $0.037 |
| Aug 03, 2018 | $0.037 |
| Jul 05, 2018 | $0.037 |
| Jun 05, 2018 | $0.037 |
| May 03, 2018 | $0.037 |
| Apr 04, 2018 | $0.037 |
| Mar 05, 2018 | $0.037 |
| Feb 05, 2018 | $0.037 |
| Jan 05, 2018 | $0.037 |
| Dec 05, 2017 | $0.037 |
| Nov 03, 2017 | $0.037 |
| Oct 04, 2017 | $0.037 |
| Sep 06, 2017 | $0.037 |
| Aug 03, 2017 | $0.037 |
| Jul 06, 2017 | $0.038 |
| Jun 05, 2017 | $0.038 |
| May 03, 2017 | $0.039 |
| Apr 05, 2017 | $0.040 |
| Mar 03, 2017 | $0.040 |
| Feb 03, 2017 | $0.040 |
| Jan 06, 2017 | $0.040 |
| Dec 05, 2016 | $0.039 |
| Nov 03, 2016 | $0.038 |
| Oct 05, 2016 | $0.038 |
| Sep 06, 2016 | $0.038 |
| Aug 03, 2016 | $0.038 |
| Jul 06, 2016 | $0.038 |
| Jun 03, 2016 | $0.039 |
| May 04, 2016 | $0.040 |
| Apr 05, 2016 | $0.040 |
| Mar 03, 2016 | $0.040 |
| Feb 03, 2016 | $0.040 |
| Jan 07, 2016 | $0.040 |
| Dec 03, 2015 | $0.040 |
| Nov 04, 2015 | $0.040 |
| Oct 05, 2015 | $0.040 |
| Sep 03, 2015 | $0.040 |
| Aug 05, 2015 | $0.039 |
| Jul 06, 2015 | $0.039 |
| Jun 03, 2015 | $0.039 |
| May 05, 2015 | $0.039 |
| Apr 06, 2015 | $0.039 |
| Mar 04, 2015 | $0.039 |
| Feb 04, 2015 | $0.039 |
| Jan 07, 2015 | $0.039 |
| Dec 03, 2014 | $0.039 |
| Nov 05, 2014 | $0.039 |
| Oct 03, 2014 | $0.039 |
| Sep 04, 2014 | $0.039 |
| Aug 05, 2014 | $0.040 |
| Jul 03, 2014 | $0.040 |
| Jun 04, 2014 | $0.041 |
| May 05, 2014 | $0.041 |
| Apr 03, 2014 | $0.041 |
| Mar 05, 2014 | $0.041 |
| Feb 05, 2014 | $0.041 |
| Jan 07, 2014 | $0.041 |
| Dec 04, 2013 | $0.042 |
| Nov 05, 2013 | $0.042 |
| Oct 03, 2013 | $0.042 |
| Sep 05, 2013 | $0.041 |
| Aug 05, 2013 | $0.040 |
| Jul 03, 2013 | $0.039 |
| Jun 05, 2013 | $0.039 |
| May 03, 2013 | $0.039 |
| Apr 03, 2013 | $0.040 |
| Mar 05, 2013 | $0.040 |
| Feb 05, 2013 | $0.040 |
| Jan 07, 2013 | $0.040 |
| Dec 05, 2012 | $0.040 |
| Nov 05, 2012 | $0.041 |
| Oct 03, 2012 | $0.041 |
| Sep 06, 2012 | $0.041 |
| Aug 03, 2012 | $0.041 |
| Jul 05, 2012 | $0.041 |
| Jun 05, 2012 | $0.041 |
| May 03, 2012 | $0.041 |
| Apr 04, 2012 | $0.041 |
| Mar 05, 2012 | $0.042 |
| Feb 03, 2012 | $0.044 |
| Jan 06, 2012 | $0.044 |
| Dec 05, 2011 | $0.044 |
| Nov 03, 2011 | $0.044 |
| Oct 05, 2011 | $0.044 |
| Sep 06, 2011 | $0.044 |
| Aug 03, 2011 | $0.044 |
| Jul 06, 2011 | $0.044 |
| Jun 03, 2011 | $0.044 |
| May 04, 2011 | $0.044 |
| Apr 05, 2011 | $0.044 |
| Mar 03, 2011 | $0.044 |
| Feb 03, 2011 | $0.043 |
| Jan 06, 2011 | $0.043 |
| Dec 03, 2010 | $0.043 |
| Nov 03, 2010 | $0.043 |
| Oct 05, 2010 | $0.043 |
| Sep 03, 2010 | $0.043 |
| Aug 04, 2010 | $0.043 |
| Jul 06, 2010 | $0.043 |
| Jun 03, 2010 | $0.043 |
| May 05, 2010 | $0.043 |
| Apr 06, 2010 | $0.043 |
| Mar 03, 2010 | $0.043 |
| Feb 03, 2010 | $0.044 |
| Jan 07, 2010 | $0.044 |
| Dec 03, 2009 | $0.044 |
| Nov 04, 2009 | $0.045 |
| Oct 05, 2009 | $0.045 |
| Sep 03, 2009 | $0.045 |
| Aug 05, 2009 | $0.045 |
| Jul 06, 2009 | $0.045 |
| Jun 03, 2009 | $0.045 |
| May 05, 2009 | $0.045 |
| Apr 03, 2009 | $0.045 |
| Mar 04, 2009 | $0.045 |
| Feb 04, 2009 | $0.045 |
| Jan 07, 2009 | $0.045 |
| Dec 03, 2008 | $0.045 |
| Nov 05, 2008 | $0.045 |
| Oct 03, 2008 | $0.045 |
| Sep 04, 2008 | $0.045 |
| Aug 05, 2008 | $0.044 |
| Jul 03, 2008 | $0.044 |
| Jun 04, 2008 | $0.044 |
| May 05, 2008 | $0.043 |
| Apr 03, 2008 | $0.043 |
| Mar 05, 2008 | $0.043 |
| Feb 05, 2008 | $0.044 |
| Jan 07, 2008 | $0.044 |
| Dec 05, 2007 | $0.044 |
| Nov 05, 2007 | $0.045 |
| Oct 03, 2007 | $0.045 |
| Sep 06, 2007 | $0.045 |
| Aug 03, 2007 | $0.045 |
| Jul 05, 2007 | $0.045 |
| Jun 05, 2007 | $0.045 |
| May 03, 2007 | $0.045 |
| Apr 04, 2007 | $0.046 |
| Mar 05, 2007 | $0.046 |
| Feb 05, 2007 | $0.046 |
| Jan 08, 2007 | $0.046 |
| Dec 05, 2006 | $0.046 |
| Nov 03, 2006 | $0.046 |
| Oct 04, 2006 | $0.046 |
| Sep 06, 2006 | $0.046 |
| Aug 03, 2006 | $0.046 |
| Jul 06, 2006 | $0.044 |
| Jun 05, 2006 | $0.044 |
| May 03, 2006 | $0.044 |
| Mar 03, 2006 | $0.044 |
| Feb 03, 2006 | $0.045 |
| Jan 06, 2006 | $0.045 |
| Dec 05, 2005 | $0.045 |
| Nov 03, 2005 | $0.045 |
| Oct 05, 2005 | $0.046 |
| Sep 06, 2005 | $0.046 |
| Aug 03, 2005 | $0.047 |
| Jul 06, 2005 | $0.047 |
| Jun 03, 2005 | $0.047 |
| May 04, 2005 | $0.047 |
| Apr 05, 2005 | $0.047 |
| Mar 03, 2005 | $0.047 |
| Feb 03, 2005 | $0.047 |
| Jan 06, 2005 | $0.047 |
| Dec 03, 2004 | $0.047 |
| Nov 03, 2004 | $0.047 |
| Oct 05, 2004 | $0.047 |
| Sep 03, 2004 | $0.047 |
| Aug 04, 2004 | $0.047 |
| Jul 06, 2004 | $0.047 |
| Jun 03, 2004 | $0.047 |
| May 05, 2004 | $0.047 |
| Apr 05, 2004 | $0.047 |
| Mar 03, 2004 | $0.047 |
| Feb 04, 2004 | $0.047 |
| Jan 07, 2004 | $0.047 |
| Dec 03, 2003 | $0.047 |
| Nov 05, 2003 | $0.047 |
| Oct 03, 2003 | $0.047 |
| Sep 04, 2003 | $0.047 |
| Aug 05, 2003 | $0.047 |
| Jul 03, 2003 | $0.047 |
| Jun 04, 2003 | $0.047 |
| May 05, 2003 | $0.049 |
| Apr 03, 2003 | $0.049 |
| Mar 05, 2003 | $0.049 |
| Feb 05, 2003 | $0.049 |
| Jan 07, 2003 | $0.049 |
| Dec 04, 2002 | $0.049 |
| Nov 05, 2002 | $0.049 |
| Oct 03, 2002 | $0.051 |
| Sep 05, 2002 | $0.051 |
| Aug 05, 2002 | $0.051 |
| Jul 03, 2002 | $0.051 |
| Jun 05, 2002 | $0.051 |
| May 03, 2002 | $0.051 |
| Apr 03, 2002 | $0.051 |
| Mar 05, 2002 | $0.051 |
| Feb 05, 2002 | $0.051 |
| Jan 07, 2002 | $0.051 |
| Dec 05, 2001 | $0.051 |
| Nov 05, 2001 | $0.052 |
| Oct 03, 2001 | $0.052 |
| Sep 06, 2001 | $0.052 |
| Aug 03, 2001 | $0.052 |
| Jul 05, 2001 | $0.052 |
| Jun 05, 2001 | $0.052 |
| May 03, 2001 | $0.052 |
| Apr 04, 2001 | $0.052 |
| Mar 05, 2001 | $0.052 |
| Feb 05, 2001 | $0.055 |
| Jan 05, 2001 | $0.055 |
| Dec 05, 2000 | $0.055 |
| Nov 03, 2000 | $0.055 |
| Oct 13, 2000 | $0.055 |
| Sep 15, 2000 | $0.055 |
| Aug 15, 2000 | $0.055 |
| Jul 14, 2000 | $0.055 |
| Jun 15, 2000 | $0.055 |
| May 15, 2000 | $0.055 |
| Apr 14, 2000 | $0.055 |
| Mar 15, 2000 | $0.055 |
| Feb 15, 2000 | $0.055 |
| Dec 15, 1999 | $0.055 |
| Nov 15, 1999 | $0.055 |
| Oct 15, 1999 | $0.055 |
| Sep 15, 1999 | $0.055 |
| Aug 13, 1999 | $0.055 |
| Jul 15, 1999 | $0.055 |
| May 14, 1999 | $0.056 |
| Apr 15, 1999 | $0.056 |
| Mar 15, 1999 | $0.056 |
| Feb 12, 1999 | $0.056 |
| Jan 15, 1999 | $0.112 |
| Dec 15, 1998 | $0.056 |
| Nov 13, 1998 | $0.056 |
| Oct 15, 1998 | $0.056 |
| Sep 15, 1998 | $0.056 |
| Aug 14, 1998 | $0.056 |
| Jul 15, 1998 | $0.056 |
| Jun 15, 1998 | $0.056 |
| May 15, 1998 | $0.056 |
| Apr 15, 1998 | $0.056 |
| Mar 13, 1998 | $0.056 |
| Feb 13, 1998 | $0.056 |
| Jan 15, 1998 | $0.056 |
| Dec 15, 1997 | $0.058 |
| Nov 14, 1997 | $0.058 |
| Oct 15, 1997 | $0.058 |
| Sep 15, 1997 | $0.058 |
| Aug 15, 1997 | $0.058 |
| Jul 15, 1997 | $0.058 |
| Jun 13, 1997 | $0.058 |
| May 15, 1997 | $0.058 |
| Apr 15, 1997 | $0.058 |
| Mar 14, 1997 | $0.059 |
| Feb 14, 1997 | $0.059 |
| Jan 15, 1997 | $0.059 |
| Dec 13, 1996 | $0.059 |
| Nov 15, 1996 | $0.059 |
| Oct 15, 1996 | $0.059 |
| Sep 13, 1996 | $0.059 |
| Aug 15, 1996 | $0.059 |
| Jul 15, 1996 | $0.057 |
| Jun 14, 1996 | $0.062 |
| May 15, 1996 | $0.062 |
| Apr 15, 1996 | $0.062 |
| Mar 15, 1996 | $0.062 |
| Feb 15, 1996 | $0.062 |
| Jan 15, 1996 | $0.062 |
| Dec 15, 1995 | $0.062 |
| Nov 15, 1995 | $0.062 |
| Oct 13, 1995 | $0.062 |
| Sep 15, 1995 | $0.062 |
| Aug 15, 1995 | $0.062 |
| Jul 14, 1995 | $0.062 |
| Jun 15, 1995 | $0.062 |
| May 15, 1995 | $0.062 |
| Apr 13, 1995 | $0.062 |
| Mar 15, 1995 | $0.065 |
| Feb 15, 1995 | $0.065 |
| Jan 13, 1995 | $0.065 |
| Dec 15, 1994 | $0.065 |
| Nov 15, 1994 | $0.065 |
| Oct 14, 1994 | $0.065 |
| Sep 15, 1994 | $0.065 |
| Aug 15, 1994 | $0.065 |
| Jul 15, 1994 | $0.065 |
| Jun 15, 1994 | $0.065 |
| May 13, 1994 | $0.065 |
| Apr 15, 1994 | $0.065 |
| Mar 15, 1994 | $0.065 |
| Feb 15, 1994 | $0.065 |
| Jan 14, 1994 | $0.065 |
| Dec 15, 1993 | $0.065 |
| Nov 15, 1993 | $0.065 |
| Oct 15, 1993 | $0.065 |
| Sep 15, 1993 | $0.066 |
| Aug 13, 1993 | $0.066 |
| Jul 15, 1993 | $0.066 |
| Jun 15, 1993 | $0.066 |
| May 14, 1993 | $0.066 |
| Apr 15, 1993 | $0.066 |
| Mar 15, 1993 | $0.066 |
| Feb 12, 1993 | $0.066 |
| Jan 15, 1993 | $0.066 |
| Dec 15, 1992 | $0.069 |
| Nov 13, 1992 | $0.069 |
| Oct 15, 1992 | $0.069 |
| Sep 15, 1992 | $0.069 |
| Aug 14, 1992 | $0.069 |
| Jul 15, 1992 | $0.069 |
| Jun 15, 1992 | $0.069 |
Start Date
Tenure
Tenure Rank
Dec 31, 1987
32.44
32.4%
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.
Start Date
Tenure
Tenure Rank
Dec 31, 1996
23.43
23.4%
Francisco Rivera,Vice President, has been a lead portfolio manager since 1996. He has primary responsibility for the investments. He has final authority over all aspects of the Fund's investment portfolio, including but not limited to, purchases and sales of individual securities, portfolio risk assessment, and the management of daily cash balances in accordance with anticipated investment management requirements. The degree to which he may perform these functions, and the nature of these functions, may change from time to time. He joined Franklin Templeton Investments in 1994.
Start Date
Tenure
Tenure Rank
Dec 31, 2004
15.42
15.4%
Ms. Higgins has been an analyst or portfolio manager since 1992 and has been an analyst or portfolio manager 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.
Start Date
Tenure
Tenure Rank
Sep 01, 2018
1.75
1.8%
Daniel Workman, CFA, has been an analyst or portfolio manager since 2009,providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. He joined Franklin Templeton Investments in 2003.
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 33.52 | 7.45 | 0.41 |
News
Brian Mathews
|
MutualFunds.com provides weekly information about any material impact on the mutual funds industry...
News
Iuri Struta
|
Check out the mutual funds that moved in a significant manner over the...
News
Iuri Struta
|
Every fortnight, MutualFunds.com provides a snapshot of the performance of some key mutual...
TAXATION
For mutual fund investors, taxes are inevitable. Even if you’re a long-term buy...
MUTUAL FUND EDUCATION
Many investors assume that changes in a mutual fund’s net asset value (NAV)...
MUTUAL FUND EDUCATION
For investors looking to add mutual funds to their portfolio, they need to...
Receive email updates about best performers, news, CE accredited webcasts and more.
Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.