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Franklin CA High Yield Municipal Advisor (FVCAX)

On Nov 24: 9.05 USD   0.00 (0.00%)  
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 FRANKLIN CALIFORNIA HIGH YIELD Delayed quote dataEdit
Net Asset Value:9.05
Trade Time:Nov 24
Change: 0.00 (0.00%)
Prev Close:9.05
YTD Return*:28.25%
Net Assets*:92.10M
Yield*:5.63%
* As of 31-Oct-09
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 HEADLINES 
No headlines available for FVCAX.

 FUND BASICS31-Oct-09
Morningstar Overall Rating:4 stars
Total Assets:92.10M
Category:Muni California Long
Total Expense Ratio:0.53%
Fund Profile - Holdings


 PERFORMANCE & RISK31-Oct-09
YTD Return:28.25%
5y Avg Return:2.98%
Rank in Category (ytd):9
% Rank in Category (ytd):5.49%
Beta (3y):1.44
Morningstar Risk Rating:
Performance Details - Risk Details

 FUND SUMMARY 
The investment seeks a high level of income exempt from federal and California personal income taxes. Capital appreciation is a secondary consideration. The fund normally invests at least 80% of net assets in municipal securities whose interest is free from regular federal income taxes and from California personal income taxes. It may invest up to 20% of net assets in securities that pay taxable interest. The fund also may have up to 100% of assets in securities that pay interest subject to the federal alternative minimum tax. It may invest up to 35% of assets in municipal securities issued by U.S. territories.
Fund Profile


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