Franklin Templeton SMACS: Series CH
- FQCHX
- Price as of: Jan 22, 2021
-
$10.25
N/A N/A
- Primary Theme
- Municipal Bond
- Fund Company
- Franklin Templeton
- Share Class
FQCHX - Snapshot
Vitals
- YTD Return 1.1%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $3.09 M
- Holdings in Top 10 60.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 4.23%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 51.23%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
Municipal Bond
- Fund Type Open End Mutual Fund
- Investment Style Muni California Intermediate
FQCHX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.38%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFranklin Templeton SMACS: Series CH
-
Fund Family NameFranklin Templeton Investments
-
Inception DateJun 03, 2019
-
Shares Outstanding303978
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJohn Wiley
Fund Description
Under normal market conditions, the fund invests substantially all 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 is non-diversified.
FQCHX - Performance
Return Ranking - Trailing
Period | FQCHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -0.6% | 1.4% | 1.81% |
1 Yr | 4.3% | -1.0% | 10.1% | 45.57% |
3 Yr | N/A* | -0.4% | 9.8% | N/A |
5 Yr | N/A* | -0.3% | 7.8% | N/A |
10 Yr | N/A* | -0.1% | 10.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | FQCHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 0.7% | -2.8% | 310.0% | 88.09% |
2019 | N/A | -0.3% | 15.4% | N/A |
2018 | N/A | -10.3% | 97.2% | N/A |
2017 | N/A | -100.0% | 7.6% | N/A |
2016 | N/A | -7.9% | 96.8% | N/A |
Total Return Ranking - Trailing
Period | FQCHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -0.6% | 1.4% | 1.81% |
1 Yr | 4.3% | -5.0% | 10.1% | 32.61% |
3 Yr | N/A* | -2.4% | 9.8% | N/A |
5 Yr | N/A* | -1.4% | 7.8% | N/A |
10 Yr | N/A* | -0.1% | 10.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FQCHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 0.7% | -2.8% | 310.0% | 88.09% |
2019 | N/A | -0.3% | 15.4% | N/A |
2018 | N/A | -10.3% | 11.0% | N/A |
2017 | N/A | -100.0% | 7.6% | N/A |
2016 | N/A | -7.9% | 3.0% | N/A |
NAV & Total Return History
FQCHX - Holdings
Concentration Analysis
FQCHX | Category Low | Category High | FQCHX % Rank | |
---|---|---|---|---|
Net Assets | 3.09 M | 582 K | 81.8 B | 99.77% |
Number of Holdings | 21 | 3 | 10805 | 98.64% |
Net Assets in Top 10 | 1.87 M | -199 M | 4.06 B | 97.40% |
Weighting of Top 10 | 60.68% | 2.4% | 100.0% | 1.99% |
Top 10 Holdings
- CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.5% 9.45%
- CALIFORNIA CMNTY HSG AGY WORKFORCE HSG REV 5% 7.35%
- FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 3.5% 6.73%
- CALIFORNIA STATEWIDE CMNTYS DEV AUTH COLLEGE HSG REV 5.25% 6.67%
- UPLAND CALIF CMNTY FACS DIST SPL TAX 4% 6.54%
- TRACY CALIF CMNTY FACS DIST SPL TAX 5% 4.95%
- TOBACCO SECURITIZATION AUTH SOUTHN CALIF TOB SETTLEMENT REV 5% 4.92%
- DUBLIN CALIF CMNTY FACS DIST IMPT AREA NO 2 SPL TAX 5% 4.80%
- ROSEVILLE CALIF SPL TAX 5% 4.79%
- CALIFORNIA MUN FIN AUTH SR LIVING REV 5% 4.73%
Asset Allocation
Weighting | Return Low | Return High | FQCHX % Rank | |
---|---|---|---|---|
Bonds | 99.68% | 15.80% | 147.66% | 32.54% |
Cash | 0.32% | -47.66% | 84.20% | 66.08% |
Stocks | 0.00% | 0.00% | 2.07% | 75.59% |
Preferred Stocks | 0.00% | -0.96% | 1.04% | 74.51% |
Other | 0.00% | -13.14% | 13.72% | 75.07% |
Convertible Bonds | 0.00% | 0.00% | 1.44% | 75.01% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FQCHX % Rank | |
---|---|---|---|---|
Municipal | 99.68% | 15.02% | 100.00% | 30.75% |
Cash & Equivalents | 0.32% | 0.00% | 84.20% | 68.17% |
Derivative | 0.00% | 0.00% | 0.85% | 74.96% |
Securitized | 0.00% | 0.00% | 6.51% | 75.58% |
Corporate | 0.00% | 0.00% | 15.75% | 79.48% |
Government | 0.00% | 0.00% | 84.56% | 76.82% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FQCHX % Rank | |
---|---|---|---|---|
US | 99.68% | 15.80% | 141.34% | 10.23% |
Non US | 0.00% | 0.00% | 28.07% | 92.37% |
FQCHX - Expenses
Operational Fees
FQCHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 4.23% | 0.01% | 16.95% | 0.40% |
Management Fee | 0.00% | 0.00% | 1.10% | 0.79% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.47% | N/A |
Sales Fees
FQCHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 5.50% | N/A |
Trading Fees
FQCHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
FQCHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 51.23% | 0.00% | 299.40% | 85.23% |
FQCHX - Distributions
Dividend Yield Analysis
FQCHX | Category Low | Category High | FQCHX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.98% | 77.06% |
Dividend Distribution Analysis
FQCHX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FQCHX | Category Low | Category High | FQCHX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.38% | -1.65% | 6.48% | 7.56% |
Capital Gain Distribution Analysis
FQCHX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
FQCHX - Fund Manager Analysis
Managers
John Wiley
Start Date
Tenure
Tenure Rank
Jun 03, 2019
1.58
1.6%
John Wiley, Senior Vice President, has been a lead portfolio manager since 1993. Wiley has been an analyst or portfolio manager with Franklin Templeton Investments, his employer since 1989. He holds the Chartered Financial Analyst designation.
Christopher Sperry
Start Date
Tenure
Tenure Rank
Jun 03, 2019
1.58
1.6%
Sperry has been an analyst or portfolio manager of Franklin Templeton Investments, his employer since 1996. Sperry holds the Chartered Financial Analyst designation.
Michael Conn
Start Date
Tenure
Tenure Rank
Nov 02, 2020
0.16
0.2%
Mr. Conn has been a portfolio manager of Franklin Advisers, Inc since November 2020. He joined Franklin Templeton in 2006.
John Bonelli
Start Date
Tenure
Tenure Rank
Nov 02, 2020
0.16
0.2%
Mr. Bonelli is a Portfolio Manager and Research Analyst of Franklin Advisers, Inc. He joined Franklin Templeton Investments in 2010.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.06 | 35.78 | 6.92 | 0.16 |