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Franklin CA Tax-Free Income A (FKTFX)On Aug 29: 7.02   0.00 (0.00%)  
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Profile  As of 31-Jul-08Get Profile for:
Franklin CA Tax-Free Income A
One Franklin Parkway San Mateo CA 94403-1906
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Phone: 800-342-5236
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FUND OVERVIEW 
Category:Muni California Long
Fund Family:Franklin Templeton Investments
Net Assets:13.10B
Year-to-Date Return:-0.43%
Yield:4.64%
Morningstar Rating:4 stars
Fund Inception Date:01-Feb-77
MORNINGSTAR STYLE BOX 
Muni California Long
[View Category Definition]

Style box information not available for FKTFX

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MANAGEMENT INFORMATION 
John Wiley
Lead Manager since 01-Aug-91
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
FKTFX can be purchased from 69 brokerages.
FUND SUMMARY 
The investment seeks as high a level of income exempt from federal income taxes (including the alternative minimum tax), California personal income taxes, and consistent with prudent investment management and preservation of capital. The fund normally invests at least 80% of total assets in investment-grade municipal securities whose interest payments are exempt from California state and federal income taxes. It may invest up to 20% of total assets to the securities that pay interest that may be subject to the federal alternative minimum tax or in securities that pay taxable interest.
FUND OPERATIONS 
Last Dividend (1-Aug-08): 0.03
Last Cap Gain (1-Dec-06): 0.01
Annual Holdings Turnover 14.00%
Average for Category: 30.23%
FEES & EXPENSES 
ExpenseFKTFXCategory
Avg
Total Expense Ratio:0.57% 1.13%
Max 12b1 Fee:0.09% N/A
Max Front End Sales Load:4.25% 4.22%
Max Deferred Sales Load:0.00% 2.62%
3 Yr Expense Projection*: $603$589
5 Yr Expense Projection*: $735$845
10 Yr Expense Projection*: $1,120$1,578
* Per $10,000 invested


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