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FHYVX
Mutual Fund ticker: NASDAQ
AS OF
May 23 closing price
Price
$8.65
Change
+$0.02 (+0.23%)
Net Assets
4.64B

FHYVX Franklin High Yield Tax Free Inc Adv Forecast, Technical & Fundamental Analysis

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

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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide investors with a high current yield exempt from federal income taxes; its secondary goal is capital appreciation to the extent possible and consistent with the fund's principal investment goal. 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.
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A.I. Advisor
published General Information

General Information

Category HighYieldMuni

Profile
Fundamentals
Details
Category
High Yield Muni
Address
Franklin Tax Free TrustOne Franklin ParkwaySan Mateo
Phone
N/A
Web
www.franklintempleton.com
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FHYVX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FHYVX has been closely correlated with NHMFX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if FHYVX jumps, then NHMFX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FHYVX
1D Price
Change %
FHYVX100%
+0.23%
NHMFX - FHYVX
98%
Closely correlated
+0.36%
NHMRX - FHYVX
97%
Closely correlated
+0.29%
NHMAX - FHYVX
97%
Closely correlated
+0.29%
NHCCX - FHYVX
97%
Closely correlated
+0.29%
MMHEX - FHYVX
97%
Closely correlated
+0.18%
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