Franklin Florida Tax Free Income C
Name
As of 11/19/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.0%
1 yr return
2.0%
3 Yr Avg Return
3.5%
5 Yr Avg Return
1.8%
Net Assets
$520 M
Holdings in Top 10
24.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.24%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 27.18%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/19/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FRFIX - Profile
Distributions
- YTD Total Return -1.0%
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 1.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.52%
- Dividend Yield 5.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFranklin Florida Tax Free Income Fund
-
Fund Family NameFranklin Templeton Investments
-
Inception DateMay 01, 1995
-
Shares Outstanding2052189
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Conn
Fund Description
FRFIX - Performance
Return Ranking - Trailing
Period | FRFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.0% | -88.5% | 101.2% | 64.17% |
1 Yr | 2.0% | -20.5% | 20.4% | 66.43% |
3 Yr | 3.5%* | -6.2% | 11.6% | 74.19% |
5 Yr | 1.8%* | -3.5% | 6.9% | 81.99% |
10 Yr | 2.4%* | -0.2% | 8.8% | 83.47% |
* Annualized
Return Ranking - Calendar
Period | FRFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.9% | -91.1% | 310.0% | 68.36% |
2022 | 2.2% | -79.8% | 15.4% | 75.09% |
2021 | -1.8% | -72.6% | 97.2% | 28.23% |
2020 | -2.0% | -100.0% | 7.6% | 89.54% |
2019 | -2.5% | -35.9% | 96.8% | 31.82% |
Total Return Ranking - Trailing
Period | FRFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.0% | -88.5% | 101.2% | 64.17% |
1 Yr | 1.0% | -24.2% | 24.2% | 53.02% |
3 Yr | 3.5%* | -7.0% | 11.7% | 61.28% |
5 Yr | 1.8%* | -4.0% | 6.9% | 68.71% |
10 Yr | 2.4%* | -0.5% | 8.8% | 81.96% |
* Annualized
Total Return Ranking - Calendar
Period | FRFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.9% | -91.1% | 310.0% | 68.32% |
2022 | 2.2% | -79.8% | 15.4% | 75.23% |
2021 | -1.8% | -72.6% | 11.0% | 30.34% |
2020 | -2.0% | -100.0% | 7.6% | 89.65% |
2019 | -2.5% | -35.9% | 3.0% | 34.98% |
NAV & Total Return History
FRFIX - Holdings
Concentration Analysis
FRFIX | Category Low | Category High | FRFIX % Rank | |
---|---|---|---|---|
Net Assets | 520 M | 871 K | 88.1 B | 48.01% |
Number of Holdings | 124 | 1 | 12437 | 57.39% |
Net Assets in Top 10 | 128 M | -306 M | 3.88 B | 24.70% |
Weighting of Top 10 | 24.57% | 2.4% | 100.0% | 44.44% |
Top 10 Holdings
- MIAMI-DADE CNTY FLA EXPWY AUTH TOLL SYS REV 5% 3.67%
- FLORIDA ST BRD ED CAP OUTLAY 6% 3.21%
- ST LUCIE CNTY FLA POLLUTN CTL REV 0.05% 2.98%
- MIAMI-DADE CNTY FLA TRAN SYS SALES SURTAX REV 5% 2.95%
- BROWARD CNTY FLA SCH DIST 5% 2.71%
- LAKELAND FLA HOSP SYS REV 5% 2.70%
- TAMPA FLA WTR & WASTEWATER SYS REV 5% 2.46%
- MIAMI-DADE CNTY FLA TRAN SYS SALES SURTAX REV 5% 2.34%
- MIAMI BEACH FLA STORMWATER REV 5% 2.21%
- SARASOTA CNTY FLA PUB HOSP DIST HOSP REV 4% 2.19%
Asset Allocation
Weighting | Return Low | Return High | FRFIX % Rank | |
---|---|---|---|---|
Bonds | 100.31% | 46.14% | 145.79% | 8.15% |
Stocks | 0.00% | -0.10% | 3.42% | 91.15% |
Preferred Stocks | 0.00% | -3.40% | 1.12% | 90.09% |
Other | 0.00% | -9.70% | 30.00% | 89.64% |
Convertible Bonds | 0.00% | -0.02% | 0.75% | 91.64% |
Cash | -0.31% | -45.79% | 53.86% | 92.71% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FRFIX % Rank | |
---|---|---|---|---|
Municipal | 100.00% | 46.14% | 100.00% | 29.41% |
Derivative | 0.00% | 0.00% | 1.12% | 91.52% |
Cash & Equivalents | 0.00% | 0.00% | 53.86% | 98.93% |
Securitized | 0.00% | 0.00% | 8.03% | 91.85% |
Corporate | 0.00% | 0.00% | 11.97% | 93.08% |
Government | 0.00% | 0.00% | 50.89% | 93.36% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FRFIX % Rank | |
---|---|---|---|---|
US | 97.56% | 0.00% | 141.11% | 52.81% |
Non US | 2.75% | 0.00% | 100.00% | 25.15% |
FRFIX - Expenses
Operational Fees
FRFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.24% | 0.04% | 4.23% | 18.50% |
Management Fee | 0.50% | 0.00% | 1.60% | 83.39% |
12b-1 Fee | 0.65% | 0.00% | 1.00% | 68.89% |
Administrative Fee | 0.15% | 0.01% | 0.47% | 78.69% |
Sales Fees
FRFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | 1.00% | 0.25% | 5.50% | 90.17% |
Trading Fees
FRFIX 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.
FRFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 27.18% | 0.00% | 314.00% | 72.63% |
FRFIX - Distributions
Dividend Yield Analysis
FRFIX | Category Low | Category High | FRFIX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.64% | 0.00% | 35.27% | 91.85% |
Dividend Distribution Analysis
FRFIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FRFIX | Category Low | Category High | FRFIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.52% | -1.30% | 24.00% | 29.29% |
Capital Gain Distribution Analysis
FRFIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 29, 2019 | $0.027 | |
Feb 28, 2019 | $0.027 | |
Jan 31, 2019 | $0.027 | |
Dec 31, 2018 | $0.027 | |
Nov 30, 2018 | $0.027 | |
Oct 31, 2018 | $0.027 | |
Sep 28, 2018 | $0.027 | |
Aug 31, 2018 | $0.027 | |
Jul 31, 2018 | $0.027 | |
Jun 29, 2018 | $0.027 | |
May 31, 2018 | $0.027 | |
Apr 30, 2018 | $0.027 | |
Mar 29, 2018 | $0.027 | |
Feb 28, 2018 | $0.027 | |
Jan 31, 2018 | $0.027 | |
Dec 29, 2017 | $0.027 | |
Nov 30, 2017 | $0.027 | |
Oct 31, 2017 | $0.029 | |
Sep 29, 2017 | $0.029 | |
Aug 31, 2017 | $0.029 | |
Jul 31, 2017 | $0.031 | |
Jun 30, 2017 | $0.031 | |
May 31, 2017 | $0.031 | |
Apr 28, 2017 | $0.031 | |
Mar 31, 2017 | $0.031 | |
Feb 28, 2017 | $0.031 | |
Jan 31, 2017 | $0.030 | |
Dec 30, 2016 | $0.029 | |
Nov 30, 2016 | $0.029 | |
Oct 31, 2016 | $0.030 | |
Sep 30, 2016 | $0.030 | |
Aug 31, 2016 | $0.031 | |
Jul 29, 2016 | $0.031 | |
Jun 30, 2016 | $0.031 | |
May 31, 2016 | $0.031 | |
Apr 29, 2016 | $0.031 | |
Mar 31, 2016 | $0.031 | |
Feb 29, 2016 | $0.031 | |
Jan 29, 2016 | $0.031 | |
Dec 31, 2015 | $0.031 | |
Nov 30, 2015 | $0.031 | |
Oct 30, 2015 | $0.031 | |
Sep 30, 2015 | $0.031 | |
Aug 31, 2015 | $0.031 | |
Jul 31, 2015 | $0.032 | |
Jun 30, 2015 | $0.034 | |
May 29, 2015 | $0.033 | |
Apr 30, 2015 | $0.033 | |
Mar 31, 2015 | $0.033 | |
Feb 27, 2015 | $0.034 | |
Jan 30, 2015 | $0.034 | |
Dec 31, 2014 | $0.034 | |
Nov 28, 2014 | $0.035 | |
Oct 31, 2014 | $0.035 | |
Sep 30, 2014 | $0.036 | |
Aug 29, 2014 | $0.037 | |
Jul 31, 2014 | $0.037 | |
Jun 30, 2014 | $0.037 | |
May 30, 2014 | $0.036 | |
Mar 31, 2014 | $0.036 | |
Feb 28, 2014 | $0.036 | |
Jan 31, 2014 | $0.036 | |
Dec 31, 2013 | $0.035 | |
Nov 29, 2013 | $0.035 | |
Oct 31, 2013 | $0.034 | |
Sep 30, 2013 | $0.033 | |
Aug 30, 2013 | $0.031 | |
Jul 31, 2013 | $0.028 | |
Jun 28, 2013 | $0.028 | |
Mar 28, 2013 | $0.027 | |
Feb 28, 2013 | $0.027 | |
Jan 31, 2013 | $0.029 | |
Dec 31, 2012 | $0.031 | |
Nov 30, 2012 | $0.031 | |
Oct 31, 2012 | $0.031 | |
Sep 28, 2012 | $0.032 | |
Aug 31, 2012 | $0.032 | |
Jul 31, 2012 | $0.036 | |
Jun 29, 2012 | $0.046 | |
May 22, 2012 | $0.037 | |
Apr 20, 2012 | $0.037 | |
Mar 22, 2012 | $0.037 | |
Feb 21, 2012 | $0.038 | |
Jan 23, 2012 | $0.028 | |
Dec 30, 2011 | $0.010 | |
Dec 21, 2011 | $0.038 | |
Nov 21, 2011 | $0.039 | |
Oct 21, 2011 | $0.039 | |
Sep 21, 2011 | $0.039 | |
Aug 22, 2011 | $0.039 | |
Jul 21, 2011 | $0.039 | |
Jun 21, 2011 | $0.039 | |
May 20, 2011 | $0.039 | |
Apr 20, 2011 | $0.039 | |
Mar 22, 2011 | $0.039 | |
Feb 22, 2011 | $0.038 | |
Jan 21, 2011 | $0.038 | |
Dec 21, 2010 | $0.038 | |
Nov 22, 2010 | $0.038 | |
Oct 21, 2010 | $0.038 | |
Sep 21, 2010 | $0.038 | |
Aug 23, 2010 | $0.039 | |
Jul 21, 2010 | $0.039 | |
Jun 22, 2010 | $0.039 | |
May 21, 2010 | $0.039 | |
Apr 21, 2010 | $0.039 | |
Mar 22, 2010 | $0.039 | |
Feb 22, 2010 | $0.039 | |
Jan 21, 2010 | $0.039 | |
Dec 22, 2009 | $0.039 | |
Nov 20, 2009 | $0.039 | |
Oct 21, 2009 | $0.039 | |
Sep 22, 2009 | $0.039 | |
Aug 21, 2009 | $0.039 | |
Jul 21, 2009 | $0.039 | |
Jun 22, 2009 | $0.039 | |
May 21, 2009 | $0.039 | |
Apr 21, 2009 | $0.039 | |
Mar 20, 2009 | $0.039 | |
Feb 23, 2009 | $0.039 | |
Jan 21, 2009 | $0.039 | |
Dec 22, 2008 | $0.039 | |
Nov 21, 2008 | $0.038 | |
Oct 21, 2008 | $0.038 | |
Sep 22, 2008 | $0.038 | |
Aug 21, 2008 | $0.038 | |
Jul 22, 2008 | $0.038 | |
Jun 23, 2008 | $0.038 | |
May 21, 2008 | $0.038 | |
Apr 22, 2008 | $0.038 | |
Mar 24, 2008 | $0.038 | |
Feb 21, 2008 | $0.038 | |
Jan 23, 2008 | $0.038 | |
Dec 21, 2007 | $0.038 | |
Nov 20, 2007 | $0.039 | |
Oct 22, 2007 | $0.039 | |
Sep 21, 2007 | $0.039 | |
Aug 21, 2007 | $0.039 | |
Jul 20, 2007 | $0.039 | |
Jun 20, 2007 | $0.039 | |
May 21, 2007 | $0.039 | |
Apr 20, 2007 | $0.039 | |
Mar 20, 2007 | $0.039 | |
Feb 21, 2007 | $0.039 | |
Jan 22, 2007 | $0.039 | |
Dec 22, 2006 | $0.039 | |
Nov 21, 2006 | $0.039 | |
Oct 20, 2006 | $0.039 | |
Sep 21, 2006 | $0.039 | |
Aug 21, 2006 | $0.039 | |
Jul 21, 2006 | $0.039 | |
Jun 20, 2006 | $0.039 | |
May 22, 2006 | $0.040 | |
Mar 21, 2006 | $0.040 | |
Feb 22, 2006 | $0.040 | |
Jan 20, 2006 | $0.040 | |
Dec 20, 2005 | $0.040 | |
Nov 21, 2005 | $0.040 | |
Oct 21, 2005 | $0.040 | |
Sep 19, 2005 | $0.040 | |
Aug 22, 2005 | $0.041 | |
Jul 19, 2005 | $0.041 | |
Jun 20, 2005 | $0.041 | |
May 23, 2005 | $0.040 | |
Apr 22, 2005 | $0.040 | |
Mar 21, 2005 | $0.040 | |
Feb 22, 2005 | $0.040 | |
Jan 24, 2005 | $0.040 | |
Dec 20, 2004 | $0.040 | |
Nov 22, 2004 | $0.040 | |
Oct 20, 2004 | $0.040 | |
Sep 20, 2004 | $0.040 | |
Aug 20, 2004 | $0.039 | |
Jul 20, 2004 | $0.039 | |
Jun 21, 2004 | $0.039 | |
May 20, 2004 | $0.041 | |
Apr 20, 2004 | $0.041 | |
Mar 22, 2004 | $0.041 | |
Feb 20, 2004 | $0.042 | |
Jan 20, 2004 | $0.042 | |
Dec 22, 2003 | $0.042 | |
Nov 20, 2003 | $0.040 | |
Oct 20, 2003 | $0.040 | |
Sep 22, 2003 | $0.040 | |
Aug 20, 2003 | $0.040 | |
Jul 21, 2003 | $0.040 | |
Jun 20, 2003 | $0.040 | |
May 20, 2003 | $0.042 | |
Apr 21, 2003 | $0.042 | |
Mar 20, 2003 | $0.042 | |
Feb 20, 2003 | $0.041 | |
Jan 21, 2003 | $0.041 | |
Dec 20, 2002 | $0.041 | |
Nov 20, 2002 | $0.043 | |
Oct 21, 2002 | $0.043 | |
Sep 20, 2002 | $0.043 | |
Aug 20, 2002 | $0.043 | |
Jul 19, 2002 | $0.043 | |
Jun 20, 2002 | $0.043 | |
May 20, 2002 | $0.043 | |
Apr 19, 2002 | $0.043 | |
Mar 20, 2002 | $0.043 | |
Feb 20, 2002 | $0.044 | |
Jan 22, 2002 | $0.044 | |
Dec 20, 2001 | $0.044 | |
Nov 20, 2001 | $0.044 | |
Oct 19, 2001 | $0.044 | |
Sep 20, 2001 | $0.044 | |
Aug 20, 2001 | $0.045 | |
Jul 20, 2001 | $0.045 | |
Jun 21, 2001 | $0.045 | |
May 21, 2001 | $0.045 | |
Apr 20, 2001 | $0.045 | |
Mar 21, 2001 | $0.045 | |
Feb 21, 2001 | $0.045 | |
Jan 22, 2001 | $0.045 | |
Dec 20, 2000 | $0.045 | |
Nov 20, 2000 | $0.045 | |
Oct 19, 2000 | $0.045 | |
Sep 19, 2000 | $0.045 | |
Aug 18, 2000 | $0.045 | |
Jul 19, 2000 | $0.045 | |
Jun 19, 2000 | $0.045 | |
May 19, 2000 | $0.046 | |
Apr 19, 2000 | $0.046 | |
Mar 22, 2000 | $0.046 | |
Feb 17, 2000 | $0.045 | |
Dec 17, 1999 | $0.045 | |
Nov 19, 1999 | $0.045 | |
Oct 20, 1999 | $0.045 | |
Sep 20, 1999 | $0.045 | |
Aug 19, 1999 | $0.045 | |
Jul 21, 1999 | $0.045 | |
May 19, 1999 | $0.044 | |
Apr 19, 1999 | $0.044 | |
Mar 19, 1999 | $0.044 | |
Feb 19, 1999 | $0.045 | |
Jan 21, 1999 | $0.045 | |
Nov 19, 1998 | $0.046 | |
Oct 21, 1998 | $0.046 | |
Sep 23, 1998 | $0.047 | |
Aug 20, 1998 | $0.047 | |
Jul 22, 1998 | $0.047 | |
Jun 24, 1998 | $0.047 | |
May 20, 1998 | $0.047 | |
Apr 22, 1998 | $0.047 | |
Mar 19, 1998 | $0.046 | |
Feb 19, 1998 | $0.047 | |
Jan 22, 1998 | $0.047 | |
Dec 23, 1997 | $0.047 | |
Nov 20, 1997 | $0.048 | |
Oct 22, 1997 | $0.048 | |
Sep 23, 1997 | $0.048 | |
Aug 21, 1997 | $0.051 | |
Jul 23, 1997 | $0.051 | |
Jun 19, 1997 | $0.052 | |
May 20, 1997 | $0.052 | |
Apr 23, 1997 | $0.052 | |
Mar 20, 1997 | $0.055 | |
Feb 20, 1997 | $0.052 | |
Jan 22, 1997 | $0.052 |
FRFIX - Fund Manager Analysis
Managers
Michael Conn
Start Date
Tenure
Tenure Rank
Nov 02, 2020
0.99
1.0%
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
0.99
1.0%
Mr. Bonelli is a Portfolio Manager and Research Analyst of Franklin Advisers, Inc. He joined Franklin Templeton Investments in 2010.
John Wiley
Start Date
Tenure
Tenure Rank
Nov 02, 2020
0.99
1.0%
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 02, 2020
0.99
1.0%
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 |
---|---|---|---|
0.01 | 34.47 | 7.1 | 0.99 |