Mutual Fund Insights: Franklin CA Insured Tax-Free Inc C Fund (FRCAX)

In-depth Analysis of Franklin CA Insured Tax-Free Inc C Fund (FRCAX)

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See Franklin CA Insured Tax-Free Inc C Fund (FRCAX) performance details as of February 28, 2010

  

Last Trade: $12.13 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - John S. Wiley

Fund Manager Tenure: 18.7 years   [Similar Funds: FRCBX  FRCIX  FRCTX ]
Fundmojo Fund Grade: B (Score: 0.69)     (What does this score mean?)

John S. Wiley has been an analyst or portfolio manager with Franklin Templeton Investments, his employer since 1989. John S. Wiley holds the Chartered Financial Analyst designation.  Get more insights on John S. Wiley

  

 What we like about Franklin CA Insured Tax-Free Inc C Fund (FRCAX)

Data for Franklin CA Insured Tax-Free Inc C Fund (FRCAX) as of February 28, 2010

• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) management has been with Franklin CA Insured Tax-Free Inc C Fund for 18.7 years
• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) has good short-term performance (1-year return 8.21% vs 12.42 % Muni California Long category average)
• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) has good mid-term performance (3-year return 1.85% vs 1.83 % Muni California Long category average)
• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) ratio of up-years vs down years is greater than 2
• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) has an annual stock turnover rate of 13.04% vs Muni California Long average of 32.82%. It is good that Franklin CA Insured Tax-Free Inc C management does not trade extensively for its return.
• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) is less volatile than its peers as it has a 3-year Standard Deviation of 7.01, lower than category average of 8.44

  

 What we are cautious about Franklin CA Insured Tax-Free Inc C Fund (FRCAX)

Data for Franklin CA Insured Tax-Free Inc C Fund (FRCAX) as of February 28, 2010

• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) has a less-than-ideal Long-term performance (5-year return 2.69% vs 2.92 % Muni California Long category average)
• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) has a Morningstar rating of 3 and below
• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) is less safe compared to its Muni California Long peers
• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) has a higher management fee of 1.16% than its Muni California Long average of 1.04%
• Franklin CA Insured Tax-Free Inc C Fund (FRCAX) carries a 1% load

See Franklin CA Insured Tax-Free Inc C Fund (FRCAX) performance details as of February 28, 2010

  

  

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Franklin CA Insured Tax-Free Inc C Fund (FRCAX) Net Asset

Track net asset change of Franklin CA Insured Tax-Free Inc C fund (FRCAX)

Date	Net Asset
02/2010	$2.14B
01/2010	$228.33M
11/2009	$220.24M

More historic net asset information on Franklin CA Insured Tax-Free Inc C Fund (FRCAX)

  

Franklin CA Insured Tax-Free Inc C Fund (FRCAX) Portfolio Allocation

Track portfolio allocation change of Franklin CA Insured Tax-Free Inc C fund (FRCAX)

Date	Cash	Stock	Bond	Other
09/2009	0%	0%	100%	0%
06/2009	0.78%	0%	99.22%	0%
03/2009	1.24%	0%	98.76%	0%

Click here to see more historic asset allocation information on Franklin CA Insured Tax-Free Inc C Fund (FRCAX)

  

Most Recent Top 10 Holdings in Franklin CA Insured Tax-Free Inc C Fund (FRCAX)

Discover what Franklin CA Insured Tax-Free Inc C Fund (FRCAX) manager is buying

30-Sep-09 Foothill / Eastern Transn Corr Rev Bd 5% [2.74%] Alameda Corridor Transn Auth [2.45%] Southern Calif Pub Pwr Auth 5% [1.52%] California St G.O. Bds 5.125% [1.22%] Los Angeles Calif Dept Wtr & P Wtr Sy 5% [1.21%] California Edl Facs Auth 5.125% [1.14%] Sacramento Calif City Fing Aut Wtr An 5% [1.06%] California Statewide Cmntys De Rev 6.75% [1.05%] California St Univ Rev Systemwid 5% [1.04%] California Statewide Cmntys De Rev 5.25% [0.96%]

30-Jun-09 Alameda Corridor Transn Auth [2.49%] Foothill / Eastern Transn Corr Rev Bd 5% [2.4%] California St G.O. Bds 5.5% [1.75%] Southern Calif Pub Pwr Auth 5% [1.64%] California St G.O. Bds 5.125% [1.33%] California Edl Facs Auth 5.125% [1.23%] Los Angeles Calif Dept Wtr & P Wtr Sy 5% [1.18%] Sacramento Calif City Fing Aut Wtr An 5% [1.16%] California Statewide Cmntys De Rev 6.75% [1.07%] California St Univ Rev Systemwid 5% [1.03%]

31-Mar-09 Alameda Corridor Transn Auth [2.59%] Foothill / Eastern Transn Corr Rev Bd 5% [2.19%] California St G.O. Bds 5.5% [1.78%] Southern Calif Pub Pwr Auth 5% [1.66%] California St G.O. Bds 5.125% [1.36%] California Edl Facs Auth 5.125% [1.24%] Sacramento Calif City Fing Aut Wtr An 5% [1.18%] Los Angeles Calif Dept Wtr & P Wtr Sy 5% [1.17%] California Statewide Cmntys De Rev 6.75% [1.04%] California St Univ Rev Systemwid 5% [1.02%]

Click here for Stock Holding Change Map in Franklin CA Insured Tax-Free Inc C Fund (FRCAX)

  

Related books and products to Franklin CA Insured Tax-Free Inc C Fund (FRCAX)

  

Latest News on Franklin CA Insured Tax-Free Inc C (FRCAX)

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Books and Resources

 

 

See more information on Franklin CA Insured Tax-Free Inc C Fund (FRCAX)

• Franklin CA Insured Tax-Free Inc C Fund Insights
• Franklin CA Insured Tax-Free Inc C Fund Performance Data
• Franklin CA Insured Tax-Free Inc C Fund News
• Franklin CA Insured Tax-Free Inc C Fund Score Explaination
• Franklin CA Insured Tax-Free Inc C Fund Manager Information
• Historic Franklin CA Insured Tax-Free Inc C Fund Asset Allocation Report
• Historic Franklin CA Insured Tax-Free Inc C Fund Top 10 Holding Tracking
• Historic Franklin CA Insured Tax-Free Inc C Fund Asset Under Management Tracking