Franklin California Ultra-Short Tax-Free Income Fund

This fund or share class has been closed to new investors.

This fund or share class has been closed to new investors.

Portfolio Statistics

Assets

Total Fund AssetsAs of 05/31/2019 (updated monthly) $44.1 (M)
Net Assets - Advisor Class
Average Duration As of 05/31/2019 (updated monthly) 0.27 Year(s)
Average Weighted MaturityAs of 05/31/2019 (updated monthly) 0.28 Year(s)

Positions As of 05/31/2019

Portfolio Details

Asset AllocationAs of 05/31/2019

[name] [value]
Cash & Cash Equivalents 68.07%
Fixed Income 31.93%

Quality Breakdown As of 05/31/2019

[name] [value]
Investment Grade 92.46%
Below Investment Grade 1.57%
0%
Investment Grade 92.46%
AAA 10.52%
AA 50.82%
A 25.26%
BBB 5.86%
Below Investment Grade 1.57%
BB 1.19%
B 0.38%
Not Rated 0.00%

sector breakdownAs of 05/31/2019

[name] [value]
Cash & Cash Equivalents 68.07%
Transportation 5.43%
Utilities 5.13%
General Obligation Bonds 4.58%
Hospital & Health Care 4.03%
Prerefunded 3.96%
Higher Education 2.50%
Tax Supported Debt 2.44%
Subject to Government Appropriation 1.86%
Other Revenue Bonds 0.89%
Housing 0.54%
Corporate Backed 0.31%
Other 0.26%

State / U.S. Territory Exposure As of 05/31/2019

[name] [value]
California 100.00%

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