Franklin High Yield Tax Free Income Fund Class A NMFQS:FHYQX

High Yield Muni | Franklin Templeton Investments

$8.91

↓ $-0.13 (-1.44%)

Last Updated: Feb 08, 2026

Fund Information

Fund Category High Yield Muni

Fund Family Franklin Templeton Investments

Fund Style Large

ISIN US3547268876

CUSIP 354726887

Inception Date 1986-03-18

Domicile United States

Country USA

Fiscal Year End February

NAV Chart

Fund Metrics

Net Assets $4.67 Billion

Share Class Net Assets $1.59 Billion

Expense Ratio 0.79%

Expense Ratio Date 2025-07-01

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 0.50%

1-Year Return 4.68%

3-Year Return 4.23%

5-Year Return 1.03%

NAV $8.91

Previous Close Price $9.04

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.00%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Franklin High Yield Tax Free Income Fund Class A

The fund invests at least 80% of its net assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It may invest in municipal securities rated in any rating category, including defaulted securities.

Detailed Metrics

Market Cap Distribution

AverageMarketCap %

Giant %

Large %

Medium %

Micro %

Small %

Value & Growth Metrics

Book-Value Growth % %

Cash-Flow Growth % %

Dividend Yield % %

Historical Earnings % %

Long-Term Earnings % %

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	98.89%	98.89%	0.00%	96.82%	0.00%
Cash	1.11%	1.12%	0.01%	3.42%	0.00%
Non US Stock	0.00%	0.00%	0.00%	0.00%	0.00%
Not Classified	0.00%	0.00%	0.00%	0.00%	0.00%
Other	0.00%	0.00%	0.00%	0.08%	0.00%
US Stock	0.00%	0.00%	0.00%	0.00%	0.00%

Top Holdings

Name	Weight	Owned	Change
San Joaquin Hills Transportation Corridor Agency	1.19%	-	-
Grand Canyon University	1.83%	-	-
Vanguard Tax-Exempt Bond Index ETF	2.31%	-	-
Public Authority for Colorado Energy, Series 2008	1.55%	-	-
Puerto Rico Sales Tax Financing Corp., Series A-1	1.06%	-	-
San Joaquin Hills Transportation Corridor Agency, Series 1997 A	0.94%	-	-
San Mateo Foster City School District, Series A	0.94%	-	-
District of Columbia, Series 2006 A	0.95%	-	-
iShares National Muni Bond ETF	1.03%	-	-

See the full breakdown of FHYQX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	3.41%	1.12%	0.00%
Bond Sector	Corporate	0.00%	0.25%	2.26%	0.00%
Bond Sector	Derivative	0.00%	0.00%	0.00%	0.00%
Bond Sector	Government	0.00%	0.02%	0.00%	0.00%
Bond Sector	Municipal	0.00%	96.19%	96.61%	0.00%
Bond Sector	Securitized	0.00%	0.13%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.00%	0.00%	0.00%	0.00%
Cyclical	Financial Services	0.00%	0.00%	0.00%	0.00%
Cyclical	Real Estate	0.00%	0.00%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.00%	0.00%	0.00%
Defensive	Utilities	0.00%	0.00%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	0.00%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.00%	0.00%	0.00%	0.00%
Sensitive	Technology	0.00%	0.00%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	-	-	-
Americas	North America	-	-	-
Greater Asia	Asia Developed	-	-	-
Greater Asia	Asia Emerging	-	-	-
Greater Asia	Australasia	-	-	-
Greater Asia	Japan	-	-	-
Greater Europe	Africa/Middle East	-	-	-
Greater Europe	Europe Developed	-	-	-
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	-	-	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-31	$0.035	$0.000	None	-	-	-	-
2024-11-29	$0.032	$0.032	USD	-	-	-	-
2024-10-31	$0.033	$0.033	USD	-	2024-10-31	2024-10-31	Monthly
2024-09-30	$0.030	$0.030	USD	-	2024-09-30	2024-09-30	Monthly
2024-08-30	$0.034	$0.034	USD	-	2024-08-30	2024-08-30	Monthly
2024-07-31	$0.033	$0.033	USD	-	2024-07-31	2024-07-31	Monthly
2024-06-28	$0.030	$0.030	USD	-	2024-06-28	2024-06-28	Monthly
2024-05-31	$0.035	$0.035	USD	-	2024-05-31	2024-05-31	Monthly
2024-04-30	$0.032	$0.032	USD	-	2024-04-30	2024-04-30	Monthly
2024-03-28	$0.033	$0.033	USD	-	2024-03-28	2024-03-28	Monthly
2024-02-29	$0.029	$0.029	USD	-	2024-02-29	2024-02-29	Monthly
2024-01-31	$0.032	$0.032	USD	-	2024-01-31	2024-01-31	Monthly
2023-12-29	$0.035	$0.035	USD	-	2023-12-29	2023-12-29	Monthly
2023-11-30	$0.033	$0.033	USD	-	2023-11-30	2023-11-30	Monthly
2023-10-31	$0.033	$0.033	USD	-	2023-10-31	2023-10-31	Monthly
2023-09-29	$0.033	$0.033	USD	-	2023-09-29	2023-09-29	Monthly
2023-08-31	$0.033	$0.033	USD	-	2023-08-31	2023-08-31	Monthly
2023-07-31	$0.031	$0.031	USD	-	2023-07-31	2023-07-31	Monthly
2023-06-30	$0.034	$0.034	USD	-	2023-06-30	2023-06-30	Monthly
2023-05-31	$0.034	$0.034	USD	-	2023-05-31	2023-05-31	Monthly
2023-04-28	$0.031	$0.031	USD	-	2023-04-28	2023-04-28	Monthly
2023-03-31	$0.036	$0.036	USD	-	2023-03-31	2023-03-31	Monthly
2023-02-28	$0.025	$0.025	USD	-	2023-02-28	2023-02-28	Monthly
2023-01-31	$0.029	$0.029	USD	2023-01-31	2023-01-31	2023-01-31	Monthly
2022-12-30	$0.032	$0.032	USD	2022-12-30	2022-12-30	2022-12-30	Monthly
2022-11-30	$0.029	$0.029	USD	2022-11-30	2022-11-30	2022-11-30	Monthly
2022-10-31	$0.028	$0.028	USD	2022-10-31	2022-10-31	2022-10-31	Monthly
2022-09-30	$0.030	$0.030	USD	-	2022-09-30	2022-09-30	Monthly
2022-08-31	$0.030	$0.030	USD	2022-08-31	2022-08-31	2022-08-31	Monthly
2022-07-29	$0.030	$0.030	USD	2022-07-29	2022-07-29	2022-07-29	Monthly
2022-06-30	$0.030	$0.030	USD	2022-06-30	2022-06-30	2022-06-30	Monthly
2022-05-31	$0.029	$0.029	USD	2022-05-31	2022-05-31	2022-05-31	Monthly
2022-04-29	$0.030	$0.030	USD	2022-04-29	2022-04-29	2022-04-29	Monthly
2022-03-31	$0.031	$0.031	USD	-	2022-03-31	2022-03-31	Monthly
2022-02-28	$0.027	$0.027	USD	-	2022-02-28	2022-02-28	Monthly
2022-01-31	$0.028	$0.028	USD	-	2022-01-31	2022-01-31	Monthly
2021-12-31	$0.033	$0.033	USD	-	2021-12-31	2021-12-31	Monthly
2021-11-30	$0.030	$0.030	USD	-	2021-11-30	2021-11-30	Monthly
2021-10-29	$0.028	$0.028	USD	-	2021-10-29	2021-10-29	Monthly
2021-09-30	$0.029	$0.029	USD	-	2021-09-30	2021-09-30	Monthly
2021-08-31	$0.031	$0.031	USD	-	2021-08-31	2021-08-31	Monthly
2021-07-30	$0.029	$0.029	USD	-	2021-07-30	2021-07-30	Monthly
2021-06-30	$0.033	$0.033	USD	-	2021-06-30	2021-06-30	Monthly
2021-05-28	$0.028	$0.028	USD	-	2021-05-28	2021-05-28	Monthly
2021-04-30	$0.030	$0.030	USD	-	2021-04-30	2021-04-30	Monthly
2021-03-31	$0.034	$0.034	USD	-	2021-03-31	2021-03-31	Monthly
2021-02-26	$0.028	$0.028	USD	-	2021-02-26	2021-02-26	Monthly
2021-01-29	$0.030	$0.030	USD	-	2021-01-29	2021-01-29	Monthly
2020-12-31	$0.031	$0.031	USD	2020-12-31	2020-12-31	2020-12-31	Monthly
2020-11-30	$0.032	$0.032	USD	2020-11-30	2020-11-30	2020-11-30	Monthly
2020-10-30	$0.032	$0.032	USD	2020-10-30	2020-10-30	2020-10-30	Monthly
2020-09-30	$0.031	$0.031	USD	2020-09-30	2020-09-30	2020-09-30	Monthly
2020-08-31	$0.033	$0.033	USD	2020-08-31	2020-08-31	2020-08-31	Monthly
2020-07-31	$0.032	$0.032	USD	2020-07-31	2020-07-31	2020-07-31	Monthly
2020-06-30	$0.034	$0.034	USD	2020-06-30	2020-06-30	2020-06-30	Monthly
2020-05-29	$0.031	$0.031	USD	2020-05-29	2020-05-29	2020-05-29	Monthly
2020-04-30	$0.032	$0.032	USD	2020-04-30	2020-04-30	2020-04-30	Monthly
2020-03-31	$0.034	$0.034	USD	2020-03-31	2020-03-31	2020-03-31	Monthly
2020-02-28	$0.029	$0.029	USD	2020-02-28	2020-02-28	2020-02-28	Monthly
2020-01-31	$0.032	$0.032	USD	2020-01-31	2020-01-31	2020-01-31	Monthly
2019-12-31	$0.033	$0.033	USD	2019-12-31	2019-12-31	2019-12-31	Monthly
2019-11-29	$0.030	$0.030	USD	2019-01-30	2019-11-29	2019-11-29	Monthly
2019-10-31	$0.032	$0.032	USD	2019-01-30	2019-10-31	2019-10-31	Monthly
2019-09-30	$0.032	$0.032	USD	2019-01-30	2019-09-30	2019-09-30	Monthly
2019-08-30	$0.031	$0.031	USD	2019-01-30	2019-08-30	2019-08-30	Monthly
2019-07-31	$0.035	$0.035	USD	2019-01-30	2019-07-31	2019-07-31	Monthly
2019-06-28	$0.030	$0.030	USD	2019-01-30	2019-06-28	2019-06-28	Monthly
2019-05-31	$0.034	$0.034	USD	2019-01-30	2019-05-31	2019-05-31	Monthly
2019-04-30	$0.065	$0.065	USD	2019-01-30	2019-04-30	2019-04-30	Monthly
2019-03-29	$0.036	$0.036	USD	2019-01-30	2019-03-29	2019-03-29	Monthly
2019-02-28	$0.036	$0.036	USD	2019-01-30	2019-02-28	2019-02-28	Monthly
2019-01-31	$0.036	$0.036	USD	2018-12-21	2019-01-31	2019-01-31	Monthly
2018-12-31	$0.036	$0.036	USD	2018-12-31	2018-12-31	2018-12-31	Monthly
2018-11-30	$0.036	$0.036	USD	2018-12-01	2018-11-30	2018-11-30	Monthly
2018-10-31	$0.036	$0.036	USD	2018-11-02	2018-10-31	2018-10-31	Other
2018-09-28	$0.036	$0.036	USD	-	-	-	-