Franklin AZ Tax-Free Income B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
5.6%
3 Yr Avg Return
6.1%
5 Yr Avg Return
6.2%
Net Assets
$1.17 B
Holdings in Top 10
19.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.19%
SALES FEES
Front Load N/A
Deferred Load 4.00%
TRADING FEES
Turnover 13.19%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FBAZX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 5.2%
- 5 Yr Annualized Total Return 5.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFranklin Arizona Tax Free Income Fund
-
Fund Family NameFranklin Templeton Investment Funds
-
Inception DateJan 31, 2000
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerCarrie Higgins
Fund Description
FBAZX - Performance
Return Ranking - Trailing
Period | FBAZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 268.1% | N/A |
1 Yr | 5.6% | -64.8% | 268.1% | N/A |
3 Yr | 6.1%* | -100.0% | 115.6% | N/A |
5 Yr | 6.2%* | -100.0% | 58.6% | N/A |
10 Yr | 4.5%* | -12.1% | 26.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | FBAZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -100.0% | 73.0% | N/A |
2022 | N/A | -76.0% | 212.6% | N/A |
2021 | N/A | -65.0% | 900.0% | N/A |
2020 | N/A | -87.3% | 336.8% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
Total Return Ranking - Trailing
Period | FBAZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 268.1% | N/A |
1 Yr | 1.6% | -64.8% | 268.1% | N/A |
3 Yr | 5.2%* | -100.0% | 115.6% | N/A |
5 Yr | 5.9%* | -100.0% | 58.6% | N/A |
10 Yr | 4.5%* | -12.1% | 26.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FBAZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -100.0% | 76.6% | N/A |
2022 | N/A | -30.7% | 212.6% | N/A |
2021 | N/A | -65.0% | 900.0% | N/A |
2020 | N/A | -87.3% | 341.1% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
FBAZX - Holdings
Concentration Analysis
FBAZX | Category Low | Category High | FBAZX % Rank | |
---|---|---|---|---|
Net Assets | 1.17 B | 10 | 804 B | N/A |
Number of Holdings | 153 | 1 | 17333 | N/A |
Net Assets in Top 10 | 220 M | -7.11 B | 145 B | N/A |
Weighting of Top 10 | 19.04% | 0.0% | 20474.3% | N/A |
Top 10 Holdings
- Puerto Rico Pub Bldgs Auth 5.375% 3.71%
- Gilbert Ariz Wtr Res Mun Ppty Sub Lie 5% 2.33%
- Salt Riv Proj Agric Impt & Pwr Ref Re 5% 1.80%
- Downtown Phoenix Hotel Corp Ar Rev Bd 5% 1.70%
- Maricopa Cnty Ariz Pollution C Ref Rev B 1.69%
- Arizona Health Facs Auth 5.5% 1.67%
- Arizona St Univ Ctfs Partn Cops 5% 1.57%
- Arizona St Lottery Rev St Lotter 5% 1.53%
- Puerto Rico Pub Fin Corp Appropria 5.5% 1.53%
- Maricopa Cnty Ariz Indl Dev Au Rev Bd 5% 1.51%
Asset Allocation
Weighting | Return Low | Return High | FBAZX % Rank | |
---|---|---|---|---|
Bonds | 98.49% | -955.59% | 2458.15% | N/A |
Cash | 1.51% | -2458.20% | 7388.76% | N/A |
Stocks | 0.00% | -142.98% | 259.25% | N/A |
Preferred Stocks | 0.00% | -21.20% | 80.89% | N/A |
Other | 0.00% | -7288.76% | 493.15% | N/A |
Convertible Bonds | 0.00% | -0.37% | 144.58% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | FBAZX % Rank | |
---|---|---|---|---|
Municipal | 98.49% | 0.00% | 165.37% | N/A |
Cash & Equivalents | 1.51% | -2458.20% | 7388.76% | N/A |
Derivative | 0.00% | -511.61% | 54.22% | N/A |
Securitized | 0.00% | -24.16% | 264.51% | N/A |
Corporate | 0.00% | -46.36% | 3345.86% | N/A |
Government | 0.00% | -3298.93% | 2458.15% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FBAZX % Rank | |
---|---|---|---|---|
US | 98.49% | -955.59% | 2458.15% | N/A |
Non US | 0.00% | -153.97% | 464.75% | N/A |
FBAZX - Expenses
Operational Fees
FBAZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.19% | -2.86% | 950.64% | N/A |
Management Fee | 0.48% | 0.00% | 2.87% | N/A |
12b-1 Fee | 0.65% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.00% | 52000.00% | N/A |
Sales Fees
FBAZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 25.00% | N/A |
Deferred Load | 4.00% | 0.25% | 5.50% | N/A |
Trading Fees
FBAZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
FBAZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 13.19% | 0.00% | 5067.00% | N/A |
FBAZX - Distributions
Dividend Yield Analysis
FBAZX | Category Low | Category High | FBAZX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 84.51% | N/A |
Dividend Distribution Analysis
FBAZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Annually |
Net Income Ratio Analysis
FBAZX | Category Low | Category High | FBAZX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.85% | -46.00% | 10.88% | N/A |
Capital Gain Distribution Analysis
FBAZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2013 | $0.001 | |
Feb 28, 2013 | $0.032 | |
Jan 31, 2013 | $0.032 | |
Dec 31, 2012 | $0.032 | |
Nov 30, 2012 | $0.032 | |
Oct 31, 2012 | $0.032 | |
Sep 28, 2012 | $0.033 | |
Aug 31, 2012 | $0.032 | |
Jul 31, 2012 | $0.032 | |
Jun 29, 2012 | $0.042 | |
May 21, 2012 | $0.032 | |
Apr 19, 2012 | $0.032 | |
Mar 21, 2012 | $0.032 | |
Feb 17, 2012 | $0.034 | |
Jan 20, 2012 | $0.023 | |
Dec 30, 2011 | $0.011 | |
Dec 20, 2011 | $0.034 | |
Nov 18, 2011 | $0.035 | |
Oct 20, 2011 | $0.035 | |
Sep 20, 2011 | $0.035 | |
Aug 19, 2011 | $0.035 | |
Jul 20, 2011 | $0.035 | |
Jun 20, 2011 | $0.035 | |
May 19, 2011 | $0.035 | |
Apr 19, 2011 | $0.035 | |
Mar 21, 2011 | $0.035 | |
Feb 18, 2011 | $0.034 | |
Jan 20, 2011 | $0.034 | |
Dec 20, 2010 | $0.034 | |
Nov 19, 2010 | $0.034 | |
Oct 20, 2010 | $0.034 | |
Sep 20, 2010 | $0.035 | |
Aug 20, 2010 | $0.035 | |
Jul 20, 2010 | $0.035 | |
Jun 21, 2010 | $0.035 | |
May 20, 2010 | $0.035 | |
Apr 20, 2010 | $0.035 | |
Mar 19, 2010 | $0.035 | |
Feb 19, 2010 | $0.035 | |
Jan 20, 2010 | $0.035 | |
Dec 21, 2009 | $0.035 | |
Nov 19, 2009 | $0.036 | |
Oct 20, 2009 | $0.036 | |
Sep 21, 2009 | $0.036 | |
Aug 20, 2009 | $0.036 | |
Jul 20, 2009 | $0.036 | |
Jun 19, 2009 | $0.036 | |
May 20, 2009 | $0.036 | |
Apr 20, 2009 | $0.036 | |
Mar 19, 2009 | $0.036 | |
Feb 20, 2009 | $0.035 | |
Jan 20, 2009 | $0.035 | |
Dec 19, 2008 | $0.035 | |
Nov 20, 2008 | $0.034 | |
Oct 20, 2008 | $0.034 | |
Sep 19, 2008 | $0.034 | |
Aug 20, 2008 | $0.034 | |
Jul 21, 2008 | $0.034 | |
Jun 20, 2008 | $0.034 | |
May 20, 2008 | $0.034 | |
Apr 21, 2008 | $0.034 | |
Mar 20, 2008 | $0.034 | |
Feb 20, 2008 | $0.034 | |
Jan 22, 2008 | $0.034 | |
Dec 20, 2007 | $0.034 | |
Nov 19, 2007 | $0.034 | |
Oct 19, 2007 | $0.034 | |
Sep 20, 2007 | $0.034 | |
Aug 20, 2007 | $0.035 | |
Jul 19, 2007 | $0.035 | |
Jun 19, 2007 | $0.035 | |
May 18, 2007 | $0.034 | |
Apr 19, 2007 | $0.034 | |
Mar 19, 2007 | $0.034 | |
Feb 20, 2007 | $0.034 | |
Jan 19, 2007 | $0.034 | |
Dec 21, 2006 | $0.034 | |
Nov 20, 2006 | $0.035 | |
Oct 19, 2006 | $0.035 | |
Sep 20, 2006 | $0.035 | |
Aug 18, 2006 | $0.034 | |
Jul 20, 2006 | $0.034 | |
Jun 19, 2006 | $0.034 | |
May 19, 2006 | $0.034 | |
Mar 20, 2006 | $0.034 | |
Feb 21, 2006 | $0.035 | |
Jan 19, 2006 | $0.035 | |
Dec 16, 2005 | $0.035 | |
Nov 18, 2005 | $0.035 | |
Oct 20, 2005 | $0.035 | |
Sep 16, 2005 | $0.035 | |
Aug 19, 2005 | $0.035 | |
Jul 18, 2005 | $0.035 | |
Jun 17, 2005 | $0.035 | |
May 20, 2005 | $0.035 | |
Apr 20, 2005 | $0.035 | |
Mar 18, 2005 | $0.035 | |
Feb 18, 2005 | $0.035 | |
Jan 21, 2005 | $0.035 | |
Dec 17, 2004 | $0.035 | |
Nov 19, 2004 | $0.036 | |
Oct 19, 2004 | $0.036 | |
Sep 17, 2004 | $0.036 | |
Aug 19, 2004 | $0.036 | |
Jul 19, 2004 | $0.036 | |
Jun 18, 2004 | $0.036 | |
May 19, 2004 | $0.037 | |
Apr 19, 2004 | $0.037 | |
Mar 19, 2004 | $0.037 | |
Feb 19, 2004 | $0.038 | |
Jan 16, 2004 | $0.038 | |
Dec 19, 2003 | $0.038 | |
Nov 19, 2003 | $0.039 | |
Oct 17, 2003 | $0.039 | |
Sep 19, 2003 | $0.039 | |
Aug 19, 2003 | $0.039 | |
Jul 18, 2003 | $0.038 | |
Jun 19, 2003 | $0.038 | |
May 19, 2003 | $0.039 | |
Apr 17, 2003 | $0.039 | |
Mar 19, 2003 | $0.039 | |
Feb 19, 2003 | $0.038 | |
Jan 17, 2003 | $0.038 | |
Dec 19, 2002 | $0.038 | |
Nov 19, 2002 | $0.039 | |
Oct 18, 2002 | $0.039 | |
Sep 19, 2002 | $0.039 | |
Aug 19, 2002 | $0.041 | |
Jul 18, 2002 | $0.041 | |
Jun 19, 2002 | $0.041 | |
May 17, 2002 | $0.041 | |
Apr 18, 2002 | $0.041 | |
Mar 19, 2002 | $0.041 | |
Feb 20, 2001 | $0.043 |
FBAZX - Fund Manager Analysis
Managers
Carrie Higgins
Start Date
Tenure
Tenure Rank
May 01, 1992
20.84
20.8%
Higgins has been an analyst or portfolio manager of the fund since 2004. She joined Franklin Templeton Investments in 1990. Higgins is a member of the National Federation of Municipal Analysts, California Society of Municipal Analysts and the San Francisco Municipal Bond Club.
Francisco Rivera
Start Date
Tenure
Tenure Rank
Dec 31, 1996
16.17
16.2%
Rivera is a portfolio manager with Franklin Advisers, he joined Franklin Templeton Investments in 1994.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 33.52 | 5.37 | 3.25 |