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Sunday, October 12, 2008, 10:20PM ET - U.S. Markets Closed. Dow Down 1.49% Nasdaq Up 0.27%
Franklin CA High Yield Municipal A (FCAMX)On Oct 10: 8.41  Down 0.28 (3.22%)  
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Profile  As of 31-Aug-08Get Profile for:
Franklin CA High Yield Municipal A
One Franklin Parkway San Mateo CA 94403-1906
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Phone: 800-632-2301
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FUND OVERVIEW 
Category:Muni California Long
Fund Family:Franklin Templeton Investments
Net Assets:1.19B
Year-to-Date Return:-0.37%
Yield:5.05%
Morningstar Rating:4 stars
Fund Inception Date:03-May-93
MORNINGSTAR STYLE BOX 
Muni California Long
[View Category Definition]

Style box information not available for FCAMX

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MANAGEMENT INFORMATION 
John Wiley
Lead Manager since 03-May-93
Wiley has been an analyst or portfolio manager with Franklin Templeton Investments, his employer since 1989. He holds the Chartered Financial Analyst designation.
INVESTMENT INFORMATION 
Min Initial Investment:$1,000
Min Initial Investment, IRA:$0
Min Initial Investment, AIP:$50
Min Subsequent Investment:$50
Min Subsequent Investment, IRA:$0
Min Subsequent Investment, AIP:$50
FCAMX can be purchased from 65 brokerages.
FUND SUMMARY 
The investment seeks high income exempt from federal and California income taxes. Capital appreciation is a secondary consideration. The fund invests at least 80% of net assets in California 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 may be 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 is nondiversified.
FUND OPERATIONS 
Last Dividend (21-Aug-08): 0.04
Last Cap Gain (15-Dec-93): 0.01
Annual Holdings Turnover 26.00%
Average for Category: 29.99%
FEES & EXPENSES 
ExpenseFCAMXCategory
Avg
Total Expense Ratio:0.62% 1.13%
Max 12b1 Fee:0.10% N/A
Max Front End Sales Load:4.25% 4.22%
Max Deferred Sales Load:0.00% 2.62%
3 Yr Expense Projection*: $615$588
5 Yr Expense Projection*: $756$844
10 Yr Expense Projection*: $1,166$1,576
* Per $10,000 invested


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