FRCAX: Franklin California Insured Tax-Free Income Fund - MutualFunds.com
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Franklin CA Insured Tax-Free Inc C

FRCAX - Snapshot

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 6.9%
  • 5 Yr Annualized Return 5.4%
  • Net Assets $1.66 B
  • Holdings in Top 10 18.6%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.15%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 0.83%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Mar 01, 2013
  • Standard (Taxable) $1,000
  • IRA $1,000

Fund Classification

  • Primary Theme N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Muni California Long

Compare FRCAX to Popular Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$106.42

+0.84%

$1.21 T

-

$0.00

12.36%

0.14%

$218.75

+0.85%

$1.21 T

0.99%

$2.15

12.39%

0.03%

$388.03

+0.71%

$731.30 B

1.40%

$5.39

12.90%

0.03%

$391.12

+0.75%

$731.30 B

-

$0.00

12.84%

0.14%

$21.16

+1.10%

$393.08 B

-

$0.00

9.07%

0.17%

FRCAX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 6.9%
  • 5 Yr Annualized Total Return 5.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.38%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin California Insured Tax-Free Income Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    May 01, 1995
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Wiley

Fund Description

The fund normally invests at least 80% of its net 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.


FRCAX - Performance

Return Ranking - Trailing

Period FRCAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.2% 7.6% N/A
1 Yr 5.9% -6.4% 8.5% N/A
3 Yr 6.9%* -2.3% 3.6% N/A
5 Yr 5.4%* -1.3% 1.7% N/A
10 Yr 4.3%* -1.1% 4.2% N/A

* Annualized

Return Ranking - Calendar

Period FRCAX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -7.2% 11.0% N/A
2019 N/A -10.1% 6.8% N/A
2018 N/A -4.9% 0.0% N/A
2017 N/A -5.6% 1.8% N/A
2016 N/A -34.8% 15.6% N/A

Total Return Ranking - Trailing

Period FRCAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.2% 7.6% N/A
1 Yr 4.9% -6.4% 8.5% N/A
3 Yr 6.9%* -2.3% 3.6% N/A
5 Yr 5.4%* -1.3% 4.4% N/A
10 Yr 4.3%* -1.1% 5.6% N/A

* Annualized

Total Return Ranking - Calendar

Period FRCAX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -7.2% 11.0% N/A
2019 N/A -10.1% 6.9% N/A
2018 N/A -4.9% 1.0% N/A
2017 N/A -5.6% 4.0% N/A
2016 N/A -34.8% 16.3% N/A

FRCAX - Holdings

Concentration Analysis

FRCAX Category Low Category High FRCAX % Rank
Net Assets 1.66 B 6.28 M 20.6 B N/A
Number of Holdings 244 31 4231 N/A
Net Assets in Top 10 310 M -4.71 M 2.92 B N/A
Weighting of Top 10 18.63% 2.5% 58.7% N/A

Top 10 Holdings

  1. Alameda Corridor Transn Auth 5.25% 4.06%
  2. Los Angeles Calif Dept Arpts A Snr Re 5% 2.05%
  3. Foothill / Eastern Transn Corr Ref Rev B 2.02%
  4. Foothill / Eastern Transn Corr Ref Rev B 1.90%
  5. Richmond Calif Jt Pwrs Fing Au Re 5.875% 1.62%
  6. Alameda Corridor Transn Auth 5.45% 1.57%
  7. Bay Area Toll Auth 5.125% 1.44%
  8. California Edl Facs Auth 5% 1.41%
  9. California Statewide Cmntys De Rev 5.25% 1.30%
  10. Monterey Peninsula Calif Uni S Go 5.75% 1.25%

Asset Allocation

Weighting Return Low Return High FRCAX % Rank
Bonds
99.45% -0.60% 103.72% N/A
Cash
0.55% -3.73% 93.39% N/A
Stocks
0.00% 0.00% 0.32% N/A
Preferred Stocks
0.00% 0.00% 0.00% N/A
Other
0.00% -2.39% 8.43% N/A
Convertible Bonds
0.00% 0.00% 0.00% N/A

Bond Sector Breakdown

Weighting Return Low Return High FRCAX % Rank
Municipal
99.45% 0.00% 103.73% N/A
Cash & Equivalents
0.55% -3.73% 93.39% N/A
Derivative
0.00% -0.20% 0.00% N/A
Securitized
0.00% 0.00% 0.00% N/A
Corporate
0.00% 0.00% 4.72% N/A
Government
0.00% -17.97% 1.02% N/A

Bond Geographic Breakdown

Weighting Return Low Return High FRCAX % Rank
US
99.45% -0.60% 102.38% N/A
Non US
0.00% 0.00% 22.38% N/A

FRCAX - Expenses

Operational Fees

FRCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.15% 0.09% 2.58% N/A
Management Fee 0.46% 0.08% 1.30% N/A
12b-1 Fee 0.65% 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 0.33% N/A

Sales Fees

FRCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 1.00% 0.50% 5.00% N/A

Trading Fees

FRCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

FRCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.83% 3.32% 293.00% N/A

FRCAX - Distributions

Dividend Yield Analysis

FRCAX Category Low Category High FRCAX % Rank
Dividend Yield 0.00% 0.00% 2.83% N/A

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FRCAX Category Low Category High FRCAX % Rank
Net Income Ratio 3.38% -0.21% 4.62% N/A

Capital Gain Distribution Analysis

FRCAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

FRCAX - Fund Manager Analysis

Managers

John Wiley


Start Date

Tenure

Tenure Rank

Aug 01, 1991

25.18

25.2%

Wiley has been an analyst or portfolio manager with Franklin Templeton Investments, his employer since 1989. He holds the Chartered Financial Analyst designation.

Christopher S. Sperry


Start Date

Tenure

Tenure Rank

Jul 01, 2000

16.26

16.3%

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
0.75 28.92 11.47 16.51