Franklin Federal Financials
| FRFTX Fund | USD 10.71 0.01 0.09% |
Franklin |
Please note that past performance is not an indicator of the future performance of Franklin Federal, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Franklin Federal Fund Summary
Franklin Federal competes with Franklin Mutual, Templeton Developing, Franklin Mutual, Franklin Mutual, and Franklin Mutual. The fund invests at least 80 percent of its total assets in investment grade municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20 percent of the funds total assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and in securities that pay taxable interest.Specialization | Muni National Long, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US3535192005 |
| Business Address | Franklin Federal Tax |
| Mutual Fund Family | Franklin Templeton Investments |
| Mutual Fund Category | Muni National Long |
| Benchmark | NYSE Composite |
| Phone | 800 342 5236 |
| Currency | USD - US Dollar |
You should never invest in Franklin Federal Tax Free without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Franklin Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Franklin Federal's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Franklin Federal Key Financial Ratios
Generally speaking, Franklin Federal's financial ratios allow both analysts and investors to convert raw data from Franklin Federal's financial statements into concise, actionable information that can be used to evaluate the performance of Franklin Federal over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Franklin Federal Tax reports annually and quarterly.Franklin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Franklin Federal's current stock value. Our valuation model uses many indicators to compare Franklin Federal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Franklin Federal competition to find correlations between indicators driving Franklin Federal's intrinsic value. More Info.Franklin Federal Tax Free is one of the top funds in price to earning among similar funds. It is one of the top funds in annual yield among similar funds . The ratio of Price To Earning to Annual Yield for Franklin Federal Tax Free is about 2,254 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Franklin Federal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Franklin Federal's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Franklin Federal's earnings, one of the primary drivers of an investment's value.Franklin Federal Tax Systematic Risk
Franklin Federal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Franklin Federal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Franklin Federal Tax correlated with the market. If Beta is less than 0 Franklin Federal generally moves in the opposite direction as compared to the market. If Franklin Federal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin Federal Tax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin Federal is generally in the same direction as the market. If Beta > 1 Franklin Federal moves generally in the same direction as, but more than the movement of the benchmark.
Franklin Federal April 16, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Franklin Federal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Franklin Federal Tax Free. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin Federal Tax Free based on widely used predictive technical indicators. In general, we focus on analyzing Franklin Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franklin Federal's daily price indicators and compare them against related drivers.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.39 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.2809 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Federal Tax Free. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.