Franklin California High Yield Municipal Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

Portfolio Statistics

Assets

Total Fund AssetsAs of 09/30/2019 (updated monthly) $3,071.7 (M)
Net Assets - Class A1 As of 09/30/2019 (updated monthly) $1,402.5 (M)

Positions As of 10/31/2019

Total Positions 639

FIXED INCOME VS. Bloomberg Barclays Municipal Bond Index

Fund Benchmark
Average Duration As of 09/30/2019 (updated monthly) 6.16 Year(s) 5.28 Year(s)
Average Weighted Maturity 5.63 Year(s)

Portfolio Details

Asset AllocationAs of 10/31/2019

[name] [value]
Fixed Income 95.04%
Cash & Cash Equivalents 4.96%

Quality Breakdown As of 09/30/2019

[name] [value]
Investment Grade 53.23%
Below Investment Grade 7.57%
Not Rated 26.20%
Refunded 5.96%
Cash & Cash Equivalents 7.04%
Investment Grade 53.23%
AAA 1.46%
AA 18.29%
A 16.85%
BBB 16.63%
Below Investment Grade 7.57%
BB 4.57%
B 0.84%
CCC 0.61%
D 1.55%
Not Rated 26.20%
Refunded 5.96%
Cash & Cash Equivalents 7.04%

sector breakdownAs of 09/30/2019

[name] [value]
Tax Supported Debt 22.87%
Transportation 14.95%
Hospital & Health Care 11.10%
General Obligation Bonds 10.60%
Other Revenue Bonds 9.02%
Cash & Cash Equivalents 7.04%
Refunded 6.93%
Utilities 5.43%
Housing 4.95%
Other 7.12%

State / U.S. Territory Exposure As of 09/30/2019

No chart available for this data.
[name] [value]
California 96.82%
Puerto Rico 1.92%
Guam 1.08%
Northern Mariana Islands 0.17%