Franklin High Yield Tax-Free Income Fund Advisor (FHYVX)
8.33
-0.01
(-0.12%)
USD |
Oct 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.56% | 4.604B | -- | 12.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -243.27M | -1.33% |
Basic Info
| Investment Strategy | |
| The Fund seeks high current yield exempt from federal income taxes by investing in lower-rated or unrated municipal securities from different states. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
58
-332.95M
Peer Group Low
415.24M
Peer Group High
1 Year
% Rank:
85
-243.27M
-1.461B
Peer Group Low
2.261B
Peer Group High
3 Months
% Rank:
78
-525.50M
Peer Group Low
823.01M
Peer Group High
3 Years
% Rank:
94
-6.162B
Peer Group Low
6.727B
Peer Group High
6 Months
% Rank:
86
-1.254B
Peer Group Low
1.302B
Peer Group High
5 Years
% Rank:
94
-10.33B
Peer Group Low
8.916B
Peer Group High
YTD
% Rank:
87
-808.90M
Peer Group Low
1.468B
Peer Group High
10 Years
% Rank:
99
-4.775B
Peer Group Low
13.49B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 07, 2026.
Asset Allocation
As of August 31, 2026.
| Type | % Net |
|---|---|
| Cash | -0.13% |
| Stock | 0.00% |
| Bond | 99.19% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.93% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 2.95% | 47.04 | -0.61% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV CA 0.000 01/01/2027 | 1.55% | 99.26 | 0.00% |
| PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV CO 6.500 11/15/2038 | 1.50% | 109.17 | -0.64% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 0.000 07/01/2051 | 1.18% | 23.82 | -2.11% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV CA 6.000 01/15/2046 | 0.98% | 114.86 | -1.21% |
| SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV CA 6.000 01/15/2045 | 0.97% | 114.18 | -1.14% |
| SAN MATEO FOSTER CITY CALIF SCH DIST CA 6.625 08/01/2042 | 0.97% | 109.55 | 0.76% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 5.000 07/01/2058 | 0.95% | 88.83 | -1.18% |
|
Other Assets less Liabilities
|
0.91% | -- | -- |
| UPPER ILL RIV VY DEV AUTH MULTIFAMILY HSG REV IL 0.000 12/01/2044 | 0.86% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.45% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks high current yield exempt from federal income taxes by investing in lower-rated or unrated municipal securities from different states. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-6-26) | 5.03% |
| 30-Day SEC Yield (8-31-26) | 4.61% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1842 |
| Bond | |
| Yield to Maturity (8-31-26) | 5.31% |
| Effective Duration | 8.15 |
| Average Coupon | 5.42% |
| Calculated Average Quality | 3.284 |
| Effective Maturity | 13.75 |
| Nominal Maturity | 19.43 |
| Number of Bond Holdings | 1836 |
As of August 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FHYVX", "name") |
| Broad Asset Class: =YCI("M:FHYVX", "broad_asset_class") |
| Broad Category: =YCI("M:FHYVX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FHYVX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |