Franklin California High Yield Municipal Fund

Portfolio Statistics

Assets

Total Fund AssetsAs of 12/31/2020 (updated monthly) $3,077.7 (M)
Net Assets - Class C As of 10/31/2020 (updated monthly) $230.5 (M)

Positions As of 12/31/2020

Total Positions 634

FIXED INCOME VS. Bloomberg Barclays Municipal Bond Index

Fund Benchmark
Average Duration As of 12/31/2020 (updated monthly) 7.18 Year(s) 5.18 Year(s)
Average Weighted MaturityAs of 12/31/2020 (updated monthly) 21.30 Year(s) 12.98 Year(s)

Portfolio Details

Asset AllocationAs of 12/31/2020

[name] [value]
Fixed Income 97.41%
Cash & Cash Equivalents 2.60%

Quality Breakdown As of 12/31/2020

[name] [value]
Investment Grade 55.85%
Below Investment Grade 9.27%
Not Rated 32.28%
Not Applicable 0%
Cash & Cash Equivalents 2.60%
Investment Grade 55.85%
AAA 1.58%
AA 14.77%
A 16.94%
BBB 17.49%
Refunded 5.07%
Below Investment Grade 9.27%
BB 5.23%
B 0.40%
CCC 1.49%
CC 0.27%
C 0.47%
D 1.41%
Not Rated 32.28%
N/A 0.00%
Cash & Cash Equivalents 2.60%

sector breakdownAs of 12/31/2020

[name] [value]
Tax Supported Debt 24.22%
Transportation 16.33%
Other Revenue Bonds 10.71%
General Obligation Bonds 9.89%
Hospital & Health Care 8.90%
Housing 7.81%
Refunded 6.32%
Utilities 5.86%
Higher Education 3.94%
Subject to Government Appropriation 2.69%
Cash & Cash Equivalents 2.60%
Corporate Backed 0.73%

State / U.S. Territory Exposure As of 12/31/2020

[name] [value]
California 94.15%
Puerto Rico 4.88%
Guam 0.81%
Northern Mariana Islands 0.16%