Franklin California High Yield Municipal Fund Class A1 (FCAMX) NASDAQ
Currency In USD
AD
- General
- Statistics
- Historical Data
- Profile
- Financials
AD
Currency In USD
Address
One Franklin Parkway
San Mateo, CA 94403-1906
United States of America (the)
Phone
650-312-2000
Website
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
April 30, 1993
At least 80% of the fund's net assets are dedicated to municipal debt instruments, which provide interest income free from typical federal and California personal income taxation. The fund also has the flexibility to allocate up to 100% of its assets to securities whose interest income is subject to the federal alternative minimum tax (AMT). Additionally, investments in municipal bonds originating from U.S. territories can comprise up to 35% of the fund's total assets.