In February 2016, Franklin Double Tax-Free Income Fund will adjust its dividends as follows: Class A from $0.0307 to $0.0337 per share; Class C from $0.0265 to $0.0295 per share and Advisor Class from $0.0315 to $0.0345 per share. Dividends vary based on the fund's income. Past dividends are not indicative of future trends.
To view Puerto Rico holdings information as of December 31, 2015, please click here.
In January 2016, Franklin Double Tax-Free Income Fund will adjust its dividends as follows: Class A from $0.0322 to $0.0307 per share; Class C from $0.0280 to $0.0265 per share and Advisor Class from $0.0330 to $0.0315 per share. Dividends vary based on the fund's income. Past dividends are not indicative of future trends.
Franklin Double Tax-Free Income Fund is proposing to reorganize into Franklin High Yield Tax-Free Income Fund, effective at the close of market on or about 4/29/16, subject to Franklin Double Tax-Free Income Fund shareholder approval. Franklin Double Tax-Free Income Fund shareholders of record will be mailed a combined prospectus/proxy statement on or about 2/2/16. Please contact your financial advisors or call Franklin Templeton Investors Services at (800) 632-2301 for more information.
Effective August 1, 2012, Franklin Double Tax-Free Income Fund closed to all new investments (other than reinvestment of dividends and capital gains distributions).
|Investment Category||Municipal Bonds|
|CUSIP||354 723 603|
|Inception Date||Apr 03, 1985|
|Total Net Assets (all share classes) As of 01/31/2016||$147.1 (M)|
|Distribution Rate at NAV As of 02/05/2016||
|30-Day Standardized yield As of 01/31/2016 (updated monthly)||
|Gross Expense Ratio||
|Net Expense Ratio||
|Max Initial Sales Charge||
The Fund normally invests at least 80% of its net assets in securities whose interest is free from federal and state personal income taxes.
We do not publish a style box for this fund.
i. For investors subject to the alternative minimum tax, a small portion of fund dividends may be taxable. Distributions of capital gains are generally taxable.
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