| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
5
5
2
5
5
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
5 / 5 Stars
|
|
TheStreet.com
B+
(Buy)
|
U.S. News evaluated 76 Muni Single State Long Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all Franklin Templeton Investment Funds funds
Performance
The fund has returned 3.45 percent over the past year, 5.92 percent over the past three years, 5.61 percent over the past five years, and 4.77 percent over the past decade.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 0.2% |
| 1 Year | 3.4% |
| 3 Years (Annualized) | 5.9% |
| 5 Years (Annualized) | 5.6% |
| 10 Years (Annualized) | 4.8% |
Summary
The investment seeks to provide investors with as high a level of income exempt from federal income taxes and from personal income taxes, if any, for resident shareholders of Arizona as is consistent with prudent investment management and the preservation of shareholders' capital. 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. In addition, under normal market conditions, it invests at least 80% of its total assets in securities that pay interest free from the personal income taxes, if any, of Arizona.
Fees
Fees are Below Average compared to funds in the same category.
Franklin Arizona Tax Free Income Fund has an expense ratio of 0.53 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
