FRCZX: Franklin CA Interm-Term Tx-Fr Inc Adv

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FRCZX Franklin CA Interm-Term Tx-Fr Inc Adv


Profile

FRCZX - Profile

Vitals

  • YTD Return 0.5%
  • 3 Yr Annualized Return 0.1%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $1.77 B
  • Holdings in Top 10 14.3%

52 WEEK LOW AND HIGH

$12.17
$11.20
$12.41

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.56%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 18.85%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 0.1%
  • 5 Yr Annualized Total Return 0.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.52%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin California Intermediate-Term Tax-Free Income Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Oct 31, 2008
  • Shares Outstanding
    54118834
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Wiley

Fund Description

The fund normally invests at least 80% of its total assets in securities that pay interest free from federal income taxes, including the federal alternative minimum tax, and from California personal income taxes. It invests at least 65% of its total assets in California municipal securities.


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Categories

Performance

FRCZX - Performance

Return Ranking - Trailing

Period FRCZX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -3.0% 303.2% 50.85%
1 Yr 0.3% -3.4% 297.6% 38.64%
3 Yr 0.1%* -0.9% 58.8% 75.46%
5 Yr 0.1%* -0.7% 31.6% 74.64%
10 Yr 0.3%* -0.3% 15.0% 68.75%

* Annualized

Return Ranking - Calendar

Period FRCZX Return Category Return Low Category Return High Rank in Category (%)
2019 2.6% 2.4% 7.5% 96.53%
2018 -1.7% -4.3% 2.8% 26.67%
2017 1.2% -0.2% 6.8% 87.25%
2016 -2.7% -4.7% -1.7% 28.57%
2015 -0.1% -1.9% 1.8% 63.50%

Total Return Ranking - Trailing

Period FRCZX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -3.0% 303.2% 50.85%
1 Yr 0.3% -3.4% 297.6% 38.64%
3 Yr 0.1%* -0.9% 59.1% 75.46%
5 Yr 0.1%* -0.7% 31.9% 78.26%
10 Yr 0.3%* -0.3% 15.5% 73.21%

* Annualized

Total Return Ranking - Calendar

Period FRCZX Return Category Return Low Category Return High Rank in Category (%)
2019 2.6% 2.4% 7.5% 97.11%
2018 -1.7% -4.3% 2.8% 29.09%
2017 1.2% -0.2% 6.9% 90.60%
2016 -2.7% -4.6% 0.8% 32.86%
2015 -0.1% -1.9% 3.7% 68.61%

NAV & Total Return History


Holdings

FRCZX - Holdings

Concentration Analysis

FRCZX Category Low Category High FRCZX % Rank
Net Assets 1.77 B 2.99 M 17.2 B 25.99%
Number of Holdings 503 20 4740 25.42%
Net Assets in Top 10 254 M 1.83 M 3.01 B 14.69%
Weighting of Top 10 14.30% 3.5% 61.1% 63.28%

Top 10 Holdings

  1. LOS ANGELES CALIF UNI SCH DIST 5% 2.12%
  2. LOS ANGELES CALIF DEPT WTR & PWR REV 5% 1.65%
  3. CALIFORNIA ST DEPT WTR RES CENT VY PROJ REV 5% 1.53%
  4. FRETE 2019-ML06 TR 2.49% 1.50%
  5. CALIFORNIA MUN FIN AUTH REV 5% 1.39%
  6. METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5% 1.38%
  7. METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5% 1.29%
  8. FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0% 1.27%
  9. CALIFORNIA ST UNIV REV 5% 1.14%
  10. CALIFORNIA ST 5.25% 1.04%

Asset Allocation

Weighting Return Low Return High FRCZX % Rank
Bonds
100.07% 88.08% 101.44% 9.04%
Stocks
0.00% 0.00% 0.10% 74.01%
Preferred Stocks
0.00% 0.00% 0.00% 72.88%
Other
0.00% 0.00% 3.39% 72.88%
Convertible Bonds
0.00% 0.00% 0.00% 72.88%
Cash
-0.08% -1.43% 11.92% 89.83%

Bond Sector Breakdown

Weighting Return Low Return High FRCZX % Rank
Municipal
99.77% 49.29% 101.06% 28.81%
Cash & Equivalents
0.23% -0.27% 13.85% 70.62%
Derivative
0.00% 0.00% 0.00% 72.88%
Securitized
0.00% 0.00% 0.00% 72.88%
Corporate
0.00% 0.00% 2.58% 74.01%
Government
0.00% -0.79% 49.18% 73.45%

Bond Geographic Breakdown

Weighting Return Low Return High FRCZX % Rank
US
99.35% 85.92% 101.11% 12.99%
Non US
0.72% 0.00% 9.10% 64.41%

Expenses

FRCZX - Expenses

Operational Fees

FRCZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.56% 0.09% 3.74% 73.86%
Management Fee 0.47% 0.00% 0.63% 68.93%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.33% 68.00%

Sales Fees

FRCZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 4.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FRCZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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.

FRCZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.85% 2.00% 235.00% 40.34%

Distributions

FRCZX - Distributions

Dividend Yield Analysis

FRCZX Category Low Category High FRCZX % Rank
Dividend Yield 0.00% 0.00% 0.60% 73.45%

Dividend Distribution Analysis

FRCZX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FRCZX Category Low Category High FRCZX % Rank
Net Income Ratio 2.52% 0.73% 3.84% 60.23%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FRCZX - Fund Manager Analysis

Managers

John Wiley


Start Date

Tenure

Tenure Rank

Sep 21, 1992

27.96

28.0%

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

Nov 01, 2000

19.84

19.8%

Sperry has been an analyst or portfolio manager of Franklin Templeton Investments, his employer since 1996. Sperry holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 31.69 9.23 7.51