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FHYQX

Franklin High Yield Tax-Free Income Fund

Factsheet
View All
As of 12/09/2025

NAV 1

$8.85

$0.00 (0.00%)
 

POP 2

$9.19

 
 

YTD Total Return At NAV 3

3.19%

 
As of 11/30/2025

Morningstar Overall Rating™ 4

View ratings details
High Yield Muni

See the risks and other important information.

Overview

  • Fund Description
  • Strategy & Benefits

Fund Description

The fund seeks to provide a high current yield exempt from regular federal income taxes. Its secondary goal is capital appreciation to the extent possible and consistent with the fund's principal investment goal.

Strategy Statement

"In the Franklin Muni Department, we are committed to a conservative, disciplined investment strategy. For over 30 years, we have worked to provide shareholders with a high level of tax-free income."

Benjamin C. Barber, CFA

Strategy & Benefits

Strategy
  • We believe an active, research-driven approach is critical, given 
    the size of the municipal market
  • Our team seeks to identify and capture attractive value 
    opportunities across the municipal bond landscape to deliver a tax-
    efficient portfolio
  • We place an emphasis on risk management, which is fully 
    incorporated into our research and portfolio construction process
Benefits
  • Monthly income exempt from federal income taxesi
  • Portfolio diversification
  • Tenured investment team with expertise across market cycles
Fund Information
Asset Class 
Fixed Income
Share Class Inception Date 
09/10/2018
Fund Inception Date 
03/18/1986
Benchmark 
Bloomberg Municipal Bond Index
Investment Style 
Municipals
Lipper Classification 
High Yield Municipal Debt Funds
Morningstar Category4 
High Yield Muni
Total Net Assets  As of 11/30/2025 (Updated Monthly)
$4.71 Billion
Dividends & Yields
Dividend Frequency, if any 
Monthly
Distribution Rate at NAV5  As of 12/09/2025 (Updated Daily)
4.18%
30-Day SEC Yield—With Waiver6, 7, 8  As of 11/30/2025 (Updated Monthly)
4.07%
30-Day SEC Yield—Without Waiver6, 8  As of 11/30/2025 (Updated Monthly)
4.07%
Sales Charges, Expenses & Fees
As of 07/01/2025
Gross Expense Ratio9 
0.79%
Net Expense Ratio9, 10 
0.79%
Maximum Initial Charge 
3.75%
CDSC11 
1.00%
12b-1 Fee 
0.25%
Identifiers
Ticker 
FHYQX
Fund Number 
1130
CUSIP Code 
354726887

Portfolio Managers

Benjamin C. Barber, CFA®

California, United States

Managed Fund Since 2020

James Conn, CFA®

California, United States

Managed Fund Since 2020

Garrett L Hamilton, CFA®

Massachusetts, United States

Managed Fund Since 2024

Francisco Rivera

California, United States

Managed Fund Since 2004

Daniel Workman, CFA®

California, United States

Managed Fund Since 2009

Performance

  • Average Annual Total Returns
  • Calendar Year Returns
  • Cumulative Total Returns
  • Risk Measures

Average Annual Total Returns

Average Annual Total Returns 12

 As of 11/30/2025

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -1.69 to 5.39.
End of interactive chart.

Month End   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
1 Year  
-1.69
3 Years  
4.05
5 Years  
0.60
10 Years  
2.20
Since Inception   03/18/1986
5.27
Month End   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
1 Year  
2.14
3 Years  
5.39
5 Years  
1.37
10 Years  
2.59
Since Inception   03/18/1986
5.37
Month End   As of 11/30/2025
Bloomberg Municipal Bond Index (%)
1 Year  
2.64
3 Years  
3.94
5 Years  
0.91
10 Years  
2.41
Since Inception   03/18/1986
5.26

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Calendar Year Returns

Calendar Year Returns 12

 As of 11/30/2025

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -17.31 to 7.58.
End of interactive chart.

Month End   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
-0.12
2024  
2.26
2023  
2.29
2022  
-17.31
2021  
0.86
2020  
1.63
2019  
3.55
2018  
-2.45
2017  
—
2016  
—
2015  
—
Performance Inception Date  
03/18/1986
Month End   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
3.77
2024  
6.24
2023  
6.27
2022  
-14.09
2021  
4.79
2020  
5.59
2019  
7.58
2018  
1.88
2017  
3.77
2016  
1.14
2015  
3.17
Performance Inception Date  
03/18/1986
Month End   As of 11/30/2025
Bloomberg Municipal Bond Index (%)
YTD  
4.15
2024  
1.05
2023  
6.40
2022  
-8.53
2021  
1.52
2020  
5.21
2019  
7.54
2018  
1.28
2017  
5.45
2016  
0.25
2015  
3.30
Performance Inception Date  
—

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Cumulative Total Returns

Cumulative Total Returns 12

 As of 11/30/2025

The hypothetical growth scenario of $10,000 does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 1986-03-01 00:00:00 to 2025-11-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 9844.66 to 79488.33.
End of interactive chart.

Month End   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
-0.12
1 Year  
-1.69
3 Years  
12.66
5 Years  
3.04
10 Years  
24.27
15 Years  
64.50
Since Inception   03/18/1986
668.10
Month End   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
3.77
1 Year  
2.14
3 Years  
17.05
5 Years  
7.06
10 Years  
29.11
15 Years  
70.91
Since Inception   03/18/1986
698.02
Month End   As of 11/30/2025
Bloomberg Municipal Bond Index (%)
YTD  
4.15
1 Year  
2.64
3 Years  
12.31
5 Years  
4.63
10 Years  
26.86
15 Years  
60.29
Since Inception   03/18/1986
665.19

Historical Cumulative Total Returns

Date Selected   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
-0.12
1 Year  
-1.69
3 Years  
12.66
5 Years  
3.04
10 Years  
24.27
15 Years  
64.50
Since Inception   03/18/1986
668.10
Date Selected   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
3.77
1 Year  
2.14
3 Years  
17.05
5 Years  
7.06
10 Years  
29.11
15 Years  
70.91
Since Inception   03/18/1986
698.02
Date Selected   As of 11/30/2025
Bloomberg Municipal Bond Index (%)
YTD  
4.15
1 Year  
2.64
3 Years  
12.31
5 Years  
4.63
10 Years  
26.86
15 Years  
60.29
Since Inception   03/18/1986
665.19

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.

If the sales charge (if applicable) had been included, the return would have been lower. 


Risk Measures

Risk Measures12

 As of 11/30/2025
Measured against: Bloomberg Municipal Bond Index
Statistics 1 Year 3 Years 5 Years
Beta 1.26 1.121.21
Historical Tracking Error 2.11 2.562.45
Information Ratio 0.22 0.700.19
Standard Deviation (%) 1 Year 3 Years 5 Years
Class A - Without Sales Charge (NAV) 6.41 6.767.73
Bloomberg Municipal Bond Index 5.16 5.786.17
Sharpe Ratio (%) 1 Year 3 Years 5 Years
Class A - Without Sales Charge (NAV) 0.37 0.09-0.23

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Portfolio

Assets

As of 11/30/2025 Updated Monthly
Total Net Assets 
$4.71 Billion

Positions

As of 11/30/2025 Updated Monthly
 FundBenchmark
Number of Holdings 1,87763,991

Portfolio Statistics

As of 11/30/2025 Updated Monthly
 FundBenchmark
Effective Duration 8.14 Years—
Average Weighted Maturity 19.15 Years13.57 Years

Portfolio Allocations

  • Assets
  • Geography
  • Sector
  • Credit Quality

Assets

Asset Allocation

As of 11/30/2025 % of Total Updated Monthly

Chart

Bar chart with 2 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -0.15219 to 100.15219.
End of interactive chart.
Fund
Fixed Income 100.15%
Cash & Cash Equivalents -0.15%

Geography

State / U.S. Territory Allocation

As of 11/30/2025 % of Total Updated Monthly

Chart

Bar chart with 44 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -0.15219 to 19.37619.
End of interactive chart.
Fund
Florida 19.38%
California 19.26%
Texas 12.44%
Puerto Rico 5.62%
Colorado 5.16%
Arizona 3.98%
Wisconsin 3.88%
N/A 3.46%
New York 2.98%
Ohio 2.77%
Illinois 2.76%
Pennsylvania 2.36%
Tennessee 1.52%
Louisiana 1.51%
Washington 1.41%
New Jersey 1.09%
Georgia 0.99%
South Carolina 0.90%
District of Columbia 0.87%
Nevada 0.68%
Indiana 0.61%
Utah 0.56%
Minnesota 0.54%
Connecticut 0.54%
New Hampshire 0.47%
Arkansas 0.46%
Michigan 0.43%
Virginia 0.40%
Mississippi 0.39%
Kentucky 0.37%
Alabama 0.37%
Oregon 0.33%
Iowa 0.30%
Idaho 0.29%
Missouri 0.27%
Maryland 0.21%
Oklahoma 0.18%
South Dakota 0.17%
North Dakota 0.10%
West Virginia 0.06%
Massachusetts 0.05%
New Mexico 0.05%
Kansas 0.02%
Cash & Cash Equivalents -0.15%

Sector

Sector Allocation

As of 11/30/2025 % of Total Updated Monthly

Chart

Bar chart with 14 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -0.15219 to 30.63251.
End of interactive chart.
Fund
Special Tax 30.63%
Housing 15.21%
Health Care 12.61%
Industrial Dev. Revenue and Pollution Control 10.16%
Transportation 7.43%
Local 6.67%
Education 5.56%
Refunded 3.76%
Exchange Traded Fund 3.33%
State General Obligation 1.52%
Other Revenue Bonds 1.41%
Utilities 0.93%
Lease 0.92%
Cash & Cash Equivalents -0.15%

Credit Quality

Credit Quality Allocation 13

 As of 11/30/2025 Updated Monthly

Chart

Bar chart with 11 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -0.15219 to 64.08797.
End of interactive chart.
Fund
AAA 1.52%
AA 7.55%
A 7.93%
BBB 5.57%
BB 5.54%
B 0.26%
CCC 0.60%
Refunded 3.76%
Not Rated 64.09%
Not Applicable 3.33%
Cash & Cash Equivalents -0.15%

Portfolio Holdings

Holdings

As of 10/31/2025 Updated Monthly
Security Name 
San Joaquin Hills Transportation Corridor Agency
Weight (%) 
2.57
Market Value ($) 
121,501,136
Quantity 
125,100,000
Security Name 
Vanguard Tax-Exempt Bond Index ETF ETF USD 1
Weight (%) 
2.30
Market Value ($) 
108,618,000
Quantity 
2,150,000
Security Name 
Grand Canyon University Grand Canyon University
Weight (%) 
1.79
Market Value ($) 
84,705,542
Quantity 
84,910,000
Security Name 
Public Authority for Colorado Energy
Weight (%) 
1.59
Market Value ($) 
75,222,647
Quantity 
60,100,000
Security Name 
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue
Weight (%) 
1.09
Market Value ($) 
51,357,627
Quantity 
206,837,000
Security Name 
iShares National Muni Bond ETF ETF USD 1
Weight (%) 
1.02
Market Value ($) 
48,366,000
Quantity 
450,000
Security Name 
San Joaquin Hills Transportation Corridor Agency
Weight (%) 
0.99
Market Value ($) 
46,688,958
Quantity 
35,834,000
Security Name 
San Joaquin Hills Transportation Corridor Agency
Weight (%) 
0.98
Market Value ($) 
46,373,092
Quantity 
35,834,000
Security Name 
San Joaquin Hills Transportation Corridor Agency
Weight (%) 
0.95
Market Value ($) 
44,808,809
Quantity 
45,000,000
Security Name 
San Mateo Foster City School District/CA
Weight (%) 
0.94
Market Value ($) 
44,266,752
Quantity 
40,000,000

Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. 

Distributions & Tax

  • Distributions
  • Tax Information

Distributions

Distribution Schedules

Dividend Frequency, if any This fund is an Accrual fund.
Monthly
Capital Gain Distributions 
June, December

Proposed 2025 distribution dates for Franklin, Templeton and Mutual Series funds (excluding ETFs).

Rates and Yields

Read important information about results and other investment disclosures
Distribution Rate & Breakpoints
As of 12/09/2025
Less than $100,000 
4.02%
$100,000 - $249,999 
4.04%
Distribution Rate
As of 12/09/2025
At Net Asset Value (NAV) 
4.18%
30-Day SEC Yield
As of 11/30/2025
w/ Waiver 
4.07%
w/o Waiver 
4.07%
Taxable Equivalent Yield
As of 11/30/2025
w/ Waiver 
6.87%
w/o Waiver 
6.87%
Taxable Equivalent Distribution Rate14  As of 12/09/2025 (Updated Daily)
6.74%

Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.

Distributions Per Share

Current Year Distributions Per Share
Distributions with future dates are estimates and those figures are not final
Record Date  
12/30/2025
Ex-Dividend Date  
12/30/2025
Reinvestment Date  
12/30/2025
Payable Date  
12/31/2025
Reinvestment Amount  
—
Long-Term Capital Gains  
$0.0000-$0.0000 Estimates
Short-Term Capital Gains  
$0.0000-$0.0000 Estimates
Income  
—
Total Distribution Per Share  
— Estimates
Record Date  
11/28/2025
Ex-Dividend Date  
11/28/2025
Reinvestment Date  
11/28/2025
Payable Date  
11/28/2025
Reinvestment Amount  
$8.91
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03081641
Total Distribution Per Share  
$0.03081641
Record Date  
10/31/2025
Ex-Dividend Date  
10/31/2025
Reinvestment Date  
10/31/2025
Payable Date  
10/31/2025
Reinvestment Amount  
$8.90
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03634807
Total Distribution Per Share  
$0.03634807
Record Date  
09/30/2025
Ex-Dividend Date  
09/30/2025
Reinvestment Date  
09/30/2025
Payable Date  
09/30/2025
Reinvestment Amount  
$8.82
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03180069
Total Distribution Per Share  
$0.03180069
Record Date  
08/29/2025
Ex-Dividend Date  
08/29/2025
Reinvestment Date  
08/29/2025
Payable Date  
08/29/2025
Reinvestment Amount  
$8.59
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03482931
Total Distribution Per Share  
$0.03482931
Record Date  
07/31/2025
Ex-Dividend Date  
07/31/2025
Reinvestment Date  
07/31/2025
Payable Date  
07/31/2025
Reinvestment Amount  
$8.56
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03435145
Total Distribution Per Share  
$0.03435145
Record Date  
06/30/2025
Ex-Dividend Date  
06/30/2025
Reinvestment Date  
06/30/2025
Payable Date  
06/30/2025
Reinvestment Amount  
$8.67
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03234341
Total Distribution Per Share  
$0.03234341
Record Date  
05/30/2025
Ex-Dividend Date  
05/30/2025
Reinvestment Date  
05/30/2025
Payable Date  
05/30/2025
Reinvestment Amount  
$8.63
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03545382
Total Distribution Per Share  
$0.03545382
Record Date  
04/30/2025
Ex-Dividend Date  
04/30/2025
Reinvestment Date  
04/30/2025
Payable Date  
04/30/2025
Reinvestment Amount  
$8.68
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03286128
Total Distribution Per Share  
$0.03286128
Record Date  
03/31/2025
Ex-Dividend Date  
03/31/2025
Reinvestment Date  
03/31/2025
Payable Date  
03/31/2025
Reinvestment Amount  
$8.85
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03160551
Total Distribution Per Share  
$0.03160551
Record Date  
02/28/2025
Ex-Dividend Date  
02/28/2025
Reinvestment Date  
02/28/2025
Payable Date  
02/28/2025
Reinvestment Amount  
$9.06
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03058834
Total Distribution Per Share  
$0.03058834
Record Date  
01/31/2025
Ex-Dividend Date  
01/31/2025
Reinvestment Date  
01/31/2025
Payable Date  
01/31/2025
Reinvestment Amount  
$8.96
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0339042
Total Distribution Per Share  
$0.0339042
Historical Distributions Per Share
Since Inception Year
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • Since Inception
Record Date  
12/31/2024
Ex-Dividend Date  
12/31/2024
Reinvestment Date  
12/31/2024
Payable Date  
12/31/2024
Reinvestment Amount  
$8.95
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0362716
Total Distribution Per Share  
$0.0362716
Record Date  
11/29/2024
Ex-Dividend Date  
11/29/2024
Reinvestment Date  
11/29/2024
Payable Date  
11/29/2024
Reinvestment Amount  
$9.13
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03228339
Total Distribution Per Share  
$0.03228339
Record Date  
10/31/2024
Ex-Dividend Date  
10/31/2024
Reinvestment Date  
10/31/2024
Payable Date  
10/31/2024
Reinvestment Amount  
$9.00
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03344071
Total Distribution Per Share  
$0.03344071
Record Date  
09/30/2024
Ex-Dividend Date  
09/30/2024
Reinvestment Date  
09/30/2024
Payable Date  
09/30/2024
Reinvestment Amount  
$9.14
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02962694
Total Distribution Per Share  
$0.02962694
Record Date  
08/30/2024
Ex-Dividend Date  
08/30/2024
Reinvestment Date  
08/30/2024
Payable Date  
08/30/2024
Reinvestment Amount  
$9.04
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03432358
Total Distribution Per Share  
$0.03432358
Record Date  
07/31/2024
Ex-Dividend Date  
07/31/2024
Reinvestment Date  
07/31/2024
Payable Date  
07/31/2024
Reinvestment Amount  
$9.00
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03313389
Total Distribution Per Share  
$0.03313389
Record Date  
06/28/2024
Ex-Dividend Date  
06/28/2024
Reinvestment Date  
06/28/2024
Payable Date  
06/28/2024
Reinvestment Amount  
$8.94
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0299391
Total Distribution Per Share  
$0.0299391
Record Date  
05/31/2024
Ex-Dividend Date  
05/31/2024
Reinvestment Date  
05/31/2024
Payable Date  
05/31/2024
Reinvestment Amount  
$8.74
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0348165
Total Distribution Per Share  
$0.03271714
Record Date  
04/30/2024
Ex-Dividend Date  
04/30/2024
Reinvestment Date  
04/30/2024
Payable Date  
04/30/2024
Reinvestment Amount  
$8.72
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03203791
Total Distribution Per Share  
$0.03203791
Record Date  
03/28/2024
Ex-Dividend Date  
03/28/2024
Reinvestment Date  
03/28/2024
Payable Date  
03/28/2024
Reinvestment Amount  
$8.88
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03347927
Total Distribution Per Share  
$0.03347927
Record Date  
02/29/2024
Ex-Dividend Date  
02/29/2024
Reinvestment Date  
02/29/2024
Payable Date  
02/29/2024
Reinvestment Amount  
$8.84
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02899936
Total Distribution Per Share  
$0.02899936
Record Date  
01/31/2024
Ex-Dividend Date  
01/31/2024
Reinvestment Date  
01/31/2024
Payable Date  
01/31/2024
Reinvestment Amount  
$8.83
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03222758
Total Distribution Per Share  
$0.03222758
Record Date  
12/29/2023
Ex-Dividend Date  
12/29/2023
Reinvestment Date  
12/29/2023
Payable Date  
12/29/2023
Reinvestment Amount  
$8.80
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03492156
Total Distribution Per Share  
$0.03492156
Record Date  
11/30/2023
Ex-Dividend Date  
11/30/2023
Reinvestment Date  
11/30/2023
Payable Date  
11/30/2023
Reinvestment Amount  
$8.54
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03278498
Total Distribution Per Share  
$0.03278498
Record Date  
10/31/2023
Ex-Dividend Date  
10/31/2023
Reinvestment Date  
10/31/2023
Payable Date  
10/31/2023
Reinvestment Amount  
$8.03
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03270362
Total Distribution Per Share  
$0.03270362
Record Date  
09/29/2023
Ex-Dividend Date  
09/29/2023
Reinvestment Date  
09/29/2023
Payable Date  
09/29/2023
Reinvestment Amount  
$8.25
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03278089
Total Distribution Per Share  
$0.03278089
Record Date  
08/31/2023
Ex-Dividend Date  
08/31/2023
Reinvestment Date  
08/31/2023
Payable Date  
08/31/2023
Reinvestment Amount  
$8.57
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03328652
Total Distribution Per Share  
$0.03328652
Record Date  
07/31/2023
Ex-Dividend Date  
07/31/2023
Reinvestment Date  
07/31/2023
Payable Date  
07/31/2023
Reinvestment Amount  
$8.71
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03098873
Total Distribution Per Share  
$0.03098873
Record Date  
06/30/2023
Ex-Dividend Date  
06/30/2023
Reinvestment Date  
06/30/2023
Payable Date  
06/30/2023
Reinvestment Amount  
$8.72
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03433532
Total Distribution Per Share  
$0.03433532
Record Date  
05/31/2023
Ex-Dividend Date  
05/31/2023
Reinvestment Date  
05/31/2023
Payable Date  
05/31/2023
Reinvestment Amount  
$8.69
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03349857
Total Distribution Per Share  
$0.03349857
Record Date  
04/28/2023
Ex-Dividend Date  
04/28/2023
Reinvestment Date  
04/28/2023
Payable Date  
04/28/2023
Reinvestment Amount  
$8.76
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03073871
Total Distribution Per Share  
$0.03073871
Record Date  
03/31/2023
Ex-Dividend Date  
03/31/2023
Reinvestment Date  
03/31/2023
Payable Date  
03/31/2023
Reinvestment Amount  
$8.75
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03598355
Total Distribution Per Share  
$0.03598355
Record Date  
02/28/2023
Ex-Dividend Date  
02/28/2023
Reinvestment Date  
02/28/2023
Payable Date  
02/28/2023
Reinvestment Amount  
$8.68
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02500313
Total Distribution Per Share  
$0.02500313
Record Date  
01/31/2023
Ex-Dividend Date  
01/31/2023
Reinvestment Date  
01/31/2023
Payable Date  
01/31/2023
Reinvestment Amount  
$8.96
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02935106
Total Distribution Per Share  
$0.02935106
Record Date  
12/30/2022
Ex-Dividend Date  
12/30/2022
Reinvestment Date  
12/30/2022
Payable Date  
12/30/2022
Reinvestment Amount  
$8.66
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03187676
Record Date  
11/30/2022
Ex-Dividend Date  
11/30/2022
Reinvestment Date  
11/30/2022
Payable Date  
11/30/2022
Reinvestment Amount  
$8.70
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0293986
Record Date  
10/31/2022
Ex-Dividend Date  
10/31/2022
Reinvestment Date  
10/31/2022
Payable Date  
10/31/2022
Reinvestment Amount  
$8.30
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02819712
Record Date  
09/30/2022
Ex-Dividend Date  
09/30/2022
Reinvestment Date  
09/30/2022
Payable Date  
09/30/2022
Reinvestment Amount  
$8.48
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03041138
Record Date  
08/31/2022
Ex-Dividend Date  
08/31/2022
Reinvestment Date  
08/31/2022
Payable Date  
08/31/2022
Reinvestment Amount  
$9.04
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.029685
Record Date  
07/29/2022
Ex-Dividend Date  
07/29/2022
Reinvestment Date  
07/29/2022
Payable Date  
07/29/2022
Reinvestment Amount  
$9.29
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03007839
Record Date  
06/30/2022
Ex-Dividend Date  
06/30/2022
Reinvestment Date  
06/30/2022
Payable Date  
06/30/2022
Reinvestment Amount  
$8.96
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02958825
Record Date  
05/31/2022
Ex-Dividend Date  
05/31/2022
Reinvestment Date  
05/31/2022
Payable Date  
05/31/2022
Reinvestment Amount  
$9.34
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02931058
Record Date  
04/29/2022
Ex-Dividend Date  
04/29/2022
Reinvestment Date  
04/29/2022
Payable Date  
04/29/2022
Reinvestment Amount  
$9.23
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03035624
Record Date  
03/31/2022
Ex-Dividend Date  
03/31/2022
Reinvestment Date  
03/31/2022
Payable Date  
03/31/2022
Reinvestment Amount  
$9.64
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03073361
Record Date  
02/28/2022
Ex-Dividend Date  
02/28/2022
Reinvestment Date  
02/28/2022
Payable Date  
02/28/2022
Reinvestment Amount  
$10.05
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02742172
Record Date  
01/31/2022
Ex-Dividend Date  
01/31/2022
Reinvestment Date  
01/31/2022
Payable Date  
01/31/2022
Reinvestment Amount  
$10.16
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02811688
Record Date  
12/31/2021
Ex-Dividend Date  
12/31/2021
Reinvestment Date  
12/31/2021
Payable Date  
12/31/2021
Reinvestment Amount  
$10.48
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03309155
Record Date  
11/30/2021
Ex-Dividend Date  
11/30/2021
Reinvestment Date  
11/30/2021
Payable Date  
11/30/2021
Reinvestment Amount  
$10.48
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03003388
Record Date  
10/29/2021
Ex-Dividend Date  
10/29/2021
Reinvestment Date  
10/29/2021
Payable Date  
10/29/2021
Reinvestment Amount  
$10.38
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02767199
Record Date  
09/30/2021
Ex-Dividend Date  
09/30/2021
Reinvestment Date  
09/30/2021
Payable Date  
09/30/2021
Reinvestment Amount  
$10.45
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02865206
Record Date  
08/31/2021
Ex-Dividend Date  
08/31/2021
Reinvestment Date  
08/31/2021
Payable Date  
08/31/2021
Reinvestment Amount  
$10.58
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03067134
Record Date  
07/30/2021
Ex-Dividend Date  
07/30/2021
Reinvestment Date  
07/30/2021
Payable Date  
07/30/2021
Reinvestment Amount  
$10.65
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02916876
Record Date  
06/30/2021
Ex-Dividend Date  
06/30/2021
Reinvestment Date  
06/30/2021
Payable Date  
06/30/2021
Reinvestment Amount  
$10.58
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03278523
Record Date  
05/28/2021
Ex-Dividend Date  
05/28/2021
Reinvestment Date  
05/28/2021
Payable Date  
05/28/2021
Reinvestment Amount  
—
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0265822
Record Date  
04/30/2021
Ex-Dividend Date  
04/30/2021
Reinvestment Date  
04/30/2021
Payable Date  
04/30/2021
Reinvestment Amount  
$10.45
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03040852
Record Date  
03/31/2021
Ex-Dividend Date  
03/31/2021
Reinvestment Date  
03/31/2021
Payable Date  
03/31/2021
Reinvestment Amount  
$10.33
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03421165
Record Date  
02/26/2021
Ex-Dividend Date  
02/26/2021
Reinvestment Date  
02/26/2021
Payable Date  
02/26/2021
Reinvestment Amount  
$10.29
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0283
Record Date  
01/29/2021
Ex-Dividend Date  
01/29/2021
Reinvestment Date  
01/29/2021
Payable Date  
01/29/2021
Reinvestment Amount  
$10.47
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.029563
Record Date  
12/31/2020
Ex-Dividend Date  
12/31/2020
Reinvestment Date  
12/31/2020
Payable Date  
12/31/2020
Reinvestment Amount  
$10.35
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.030798
Record Date  
11/30/2020
Ex-Dividend Date  
11/30/2020
Reinvestment Date  
11/30/2020
Payable Date  
11/30/2020
Reinvestment Amount  
$10.23
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.031606
Record Date  
10/30/2020
Ex-Dividend Date  
10/30/2020
Reinvestment Date  
10/30/2020
Payable Date  
10/30/2020
Reinvestment Amount  
$10.05
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.031592
Record Date  
09/30/2020
Ex-Dividend Date  
09/30/2020
Reinvestment Date  
09/30/2020
Payable Date  
09/30/2020
Reinvestment Amount  
$10.08
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.031252
Record Date  
08/31/2020
Ex-Dividend Date  
08/31/2020
Reinvestment Date  
08/31/2020
Payable Date  
08/31/2020
Reinvestment Amount  
$10.10
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.032664
Record Date  
07/31/2020
Ex-Dividend Date  
07/31/2020
Reinvestment Date  
07/31/2020
Payable Date  
07/31/2020
Reinvestment Amount  
$10.14
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.032383
Record Date  
06/30/2020
Ex-Dividend Date  
06/30/2020
Reinvestment Date  
06/30/2020
Payable Date  
06/30/2020
Reinvestment Amount  
$9.96
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.033824
Record Date  
05/29/2020
Ex-Dividend Date  
05/29/2020
Reinvestment Date  
05/29/2020
Payable Date  
05/29/2020
Reinvestment Amount  
$9.78
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.031136
Record Date  
04/30/2020
Ex-Dividend Date  
04/30/2020
Reinvestment Date  
04/30/2020
Payable Date  
04/30/2020
Reinvestment Amount  
$9.55
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.031911
Record Date  
03/31/2020
Ex-Dividend Date  
03/31/2020
Reinvestment Date  
03/31/2020
Payable Date  
03/31/2020
Reinvestment Amount  
$9.77
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.033679
Record Date  
02/28/2020
Ex-Dividend Date  
02/28/2020
Reinvestment Date  
02/28/2020
Payable Date  
02/28/2020
Reinvestment Amount  
$10.46
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.028876
Record Date  
01/31/2020
Ex-Dividend Date  
01/31/2020
Reinvestment Date  
01/31/2020
Payable Date  
01/31/2020
Reinvestment Amount  
$10.33
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.031678
Record Date  
12/31/2019
Ex-Dividend Date  
12/31/2019
Reinvestment Date  
12/31/2019
Payable Date  
12/31/2019
Reinvestment Amount  
$10.18
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.032604
Record Date  
11/29/2019
Ex-Dividend Date  
11/29/2019
Reinvestment Date  
11/29/2019
Payable Date  
11/29/2019
Reinvestment Amount  
$10.19
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.029576
Record Date  
10/31/2019
Ex-Dividend Date  
10/31/2019
Reinvestment Date  
10/31/2019
Payable Date  
10/31/2019
Reinvestment Amount  
$10.20
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.032157
Record Date  
09/30/2019
Ex-Dividend Date  
09/30/2019
Reinvestment Date  
09/30/2019
Payable Date  
09/30/2019
Reinvestment Amount  
$10.25
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.032159
Record Date  
08/30/2019
Ex-Dividend Date  
08/30/2019
Reinvestment Date  
08/30/2019
Payable Date  
08/30/2019
Reinvestment Amount  
$10.34
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.031081
Record Date  
07/31/2019
Ex-Dividend Date  
07/31/2019
Reinvestment Date  
07/31/2019
Payable Date  
07/31/2019
Reinvestment Amount  
$10.19
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.034856
Record Date  
06/28/2019
Ex-Dividend Date  
06/28/2019
Reinvestment Date  
06/28/2019
Payable Date  
06/28/2019
Reinvestment Amount  
$10.17
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.030103
Record Date  
05/31/2019
Ex-Dividend Date  
05/31/2019
Reinvestment Date  
05/31/2019
Payable Date  
05/31/2019
Reinvestment Amount  
$10.17
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.033753
Record Date  
04/30/2019
Ex-Dividend Date  
04/30/2019
Reinvestment Date  
04/30/2019
Payable Date  
04/30/2019
Reinvestment Amount  
$10.07
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0647
Record Date  
03/29/2019
Ex-Dividend Date  
03/29/2019
Reinvestment Date  
03/29/2019
Payable Date  
03/29/2019
Reinvestment Amount  
$10.06
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0356
Record Date  
02/28/2019
Ex-Dividend Date  
02/28/2019
Reinvestment Date  
02/28/2019
Payable Date  
02/28/2019
Reinvestment Amount  
$9.93
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0356
Record Date  
01/31/2019
Ex-Dividend Date  
01/31/2019
Reinvestment Date  
01/31/2019
Payable Date  
01/31/2019
Reinvestment Amount  
$9.89
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0356
Record Date  
12/31/2018
Ex-Dividend Date  
12/31/2018
Reinvestment Date  
12/31/2018
Payable Date  
12/31/2018
Reinvestment Amount  
$9.87
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0356
Record Date  
11/30/2018
Ex-Dividend Date  
11/30/2018
Reinvestment Date  
11/30/2018
Payable Date  
11/30/2018
Reinvestment Amount  
$9.83
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0356
Record Date  
10/31/2018
Ex-Dividend Date  
10/31/2018
Reinvestment Date  
10/31/2018
Payable Date  
10/31/2018
Reinvestment Amount  
$9.80
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0356
Record Date  
09/28/2018
Ex-Dividend Date  
09/28/2018
Reinvestment Date  
09/28/2018
Payable Date  
09/28/2018
Reinvestment Amount  
$9.92
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0229

Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.

The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.

Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.

Tax Information

Tax Information

Federal ID Number 94-2995330
For information on tax years prior to 2008, please contact us
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
2024 Year
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
Record Date  
Jan 31
Ordinary Dividends  
0.000558
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.03167
Interest on Tax Reclaim Refunds  
—
Record Date  
Feb 29
Ordinary Dividends  
0.000502
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.028498
Interest on Tax Reclaim Refunds  
—
Record Date  
Mar 28
Ordinary Dividends  
0.002313
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.031166
Interest on Tax Reclaim Refunds  
—
Record Date  
Apr 30
Ordinary Dividends  
0.002214
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.029824
Interest on Tax Reclaim Refunds  
—
Record Date  
May 31
Ordinary Dividends  
0.002406
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.032411
Interest on Tax Reclaim Refunds  
—
Record Date  
Jun 28
Ordinary Dividends  
0.002069
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.02787
Interest on Tax Reclaim Refunds  
—
Record Date  
Jul 31
Ordinary Dividends  
0.00229
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.030844
Interest on Tax Reclaim Refunds  
—
Record Date  
Aug 30
Ordinary Dividends  
0.002372
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.031952
Interest on Tax Reclaim Refunds  
—
Record Date  
Sep 30
Ordinary Dividends  
0.002047
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.02758
Interest on Tax Reclaim Refunds  
—
Record Date  
Oct 31
Ordinary Dividends  
0.002311
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.03113
Interest on Tax Reclaim Refunds  
—
Record Date  
Nov 29
Ordinary Dividends  
0.002231
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.030053
Interest on Tax Reclaim Refunds  
—
Record Date  
Dec 31
Ordinary Dividends  
0.002506
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.033765
Interest on Tax Reclaim Refunds  
—
Record Date  
Ordinary Dividends  
0.023818
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.366762
Interest on Tax Reclaim Refunds  
—
Supplemental Tax Information
Foreign Source Income 
—
Foreign Source Qualified Dividends 
—
Direct U.S. Government Obligations 
—
Specified Private Activity Bond Interest 
2.95%
Dividends Received Deduction 
—
Section 163(j) 
—
Indiana Resident Taxable Income 
76.00%
Utah Resident Taxable Income 
52.00%
Tax-Exempt Income By Jurisdiction
Alabama 
0.52%
Arizona 
1.73%
Arkansas 
0.31%
California 
23.95%
Colorado 
6.30%
Connecticut 
0.57%
Dist. of Columbia 
1.19%
Florida 
18.24%
Georgia 
0.98%
Idaho 
0.40%
Illinois 
1.54%
Indiana 
0.45%
Iowa 
0.28%
Kansas 
0.03%
Kentucky 
0.50%
Louisiana 
1.82%
Maryland 
0.31%
Massachusetts 
0.02%
Michigan 
0.55%
Minnesota 
0.24%
Mississippi 
0.61%
Missouri 
0.33%
Nevada 
0.61%
New Hampshire 
0.21%
New Jersey 
1.32%
New Mexico 
0.05%
New York 
3.98%
North Carolina 
0.40%
North Dakota 
0.15%
Northern Mariana Islands 
0.17%
Ohio 
3.57%
Oklahoma 
0.15%
Oregon 
0.44%
Pennsylvania 
2.51%
Puerto Rico 
4.58%
South Carolina 
1.32%
South Dakota 
0.19%
Tennessee 
1.86%
Texas 
11.65%
Utah 
0.51%
Virginia 
0.56%
Washington 
1.92%
West Virginia 
0.08%
Wisconsin 
2.90%

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Pricing

Pricing History Chart

As of 12/09/2025 Updated Daily
Since Inception Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception

Chart

Line chart with 1891 data points.
The chart has 1 X axis displaying Time. Data ranges from 2018-09-10 00:00:01 to 2025-12-09 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from 8.03 to 10.67.
End of interactive chart.

Daily Fund Prices and Breakpoints

As of 12/09/2025

Share Prices

As of 12/09/2025
NAV1 (Net Asset Value)
$8.85
NAV Change1 
$0.00
NAV Change (%)1 
0.00%
POP2 (Public Offering Price)
$9.19

52-Week Range

Highest NAV  As on 12/09/2024
$9.15
Lowest NAV  As on 04/09/2025
$8.42
POP and Sales Charge at Breakpoints

Investment

Sales Charge

POP

Less than $100,000 3.75%$9.19
$100,000 - $249,999 3.25%$9.15
POP and Sales Charge at Breakpoints
Investment  
Less than $100,000
Sales Charge  
3.75%
POP  
$9.19
Investment  
$100,000 - $249,999
Sales Charge  
3.25%
POP  
$9.15
Historical Data - Daily Fund Prices
1 Month Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception
NAV  As of 12/09/2025
$8.85 (USD)
POP  As of 12/09/2025
$9.19 (USD)
Highest NAV  As of 11/28/2025
$8.91 (USD)
Lowest NAV  As of 12/09/2025
$8.85 (USD)

Historical Pricing Results   From   11/10/2025   To   12/09/2025

Date 
12/09/2025
NAV  
$8.85
POP  
$9.19
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/08/2025
NAV  
$8.85
POP  
$9.19
NAV Change  
$-0.01
NAV Change (%)  
—
Date 
12/05/2025
NAV  
$8.86
POP  
$9.21
NAV Change  
$-0.01
NAV Change (%)  
-0.11%
Date 
12/04/2025
NAV  
$8.87
POP  
$9.22
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/03/2025
NAV  
$8.87
POP  
$9.22
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/02/2025
NAV  
$8.87
POP  
$9.22
NAV Change  
$-0.01
NAV Change (%)  
-0.11%
Date 
12/01/2025
NAV  
$8.88
POP  
$9.23
NAV Change  
$-0.03
NAV Change (%)  
-0.34%
Date 
11/28/2025
NAV  
$8.91
POP  
$9.26
NAV Change  
$0.01
NAV Change (%)  
0.11%
Date 
11/27/2025
NAV  
$8.90
POP  
$9.25
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/26/2025
NAV  
$8.90
POP  
$9.25
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/25/2025
NAV  
$8.90
POP  
$9.25
NAV Change  
$0.01
NAV Change (%)  
0.11%
Date 
11/24/2025
NAV  
$8.89
POP  
$9.24
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/21/2025
NAV  
$8.89
POP  
$9.24
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/20/2025
NAV  
$8.89
POP  
$9.24
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/19/2025
NAV  
$8.89
POP  
$9.24
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/18/2025
NAV  
$8.89
POP  
$9.24
NAV Change  
$-0.01
NAV Change (%)  
—
Date 
11/17/2025
NAV  
$8.90
POP  
$9.25
NAV Change  
$0.01
NAV Change (%)  
0.11%
Date 
11/14/2025
NAV  
$8.89
POP  
$9.24
NAV Change  
$-0.01
NAV Change (%)  
-0.11%
Date 
11/13/2025
NAV  
$8.90
POP  
$9.25
NAV Change  
$-0.01
NAV Change (%)  
-0.11%
Date 
11/12/2025
NAV  
$8.91
POP  
$9.26
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/11/2025
NAV  
$8.91
POP  
$9.26
NAV Change  
$0.01
NAV Change (%)  
0.11%
Date 
11/10/2025
NAV  
$8.90
POP  
$9.25
NAV Change  
$0.00
NAV Change (%)  
0.00%

Documents

Product Literature

PDF Format

Factsheet - Franklin High Yield Tax-Free Income Fund

Regulatory Documents

PDF Format

Semi-Annual Report - Franklin High Yield Tax-Free Income Fund - Class A

PDF Format

Annual Report - Franklin High Yield Tax-Free Income Fund - Class A

PDF Format

Prospectus - Franklin Tax-Free Trust #1

PDF Format

Summary Prospectus - Franklin High Yield Tax-Free Fund

PDF Format

Statement of Additional Information - Franklin Tax-Free Trust #1

Mailed hardcopies unavailable.

PDF Format

Fiscal Q1 Holdings - Franklin Tax-Free Trust

Mailed hardcopies unavailable.

PDF Format

Fiscal Q3 Holdings - Franklin Tax-Free Trust

Mailed hardcopies unavailable.

 

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Risks

What Are the Risks?

All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Changes in the credit rating of a bond, or in the credit rating or financial strength of a bond’s issuer, insurer or guarantor, may affect the bond’s value. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. An investor may be subject to the federal Alternative Minimum Tax, and state and local taxes may apply. These and other risks are discussed in the fund’s prospectus.

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