Franklin Templeton raises the fee on 21 funds, effective 1 July 2026

On 1 July 2026, Franklin Templeton raised the expense ratio of 21 funds tracked on this site. The largest change is FFTFX (FRANKLIN FEDERAL LIMITED-TERM TAX-FREE INCOME FUND), from 0.75% to 0.77%.

The changes

FFTFX FRANKLIN FEDERAL LIMITED-TERM TAX-FREE INCOME FUND: 0.75% to 0.77%, costing $2 a year on every $10,000
FHYVX FRANKLIN HIGH YIELD TAX-FREE INCOME FUND: 0.54% to 0.56%, costing $2 a year on every $10,000
FKLAX FRANKLIN LOUISIANA TAX-FREE INCOME FUND: 0.78% to 0.80%, costing $2 a year on every $10,000
FMDTX FRANKLIN MARYLAND TAX-FREE INCOME FUND: 0.75% to 0.77%, costing $2 a year on every $10,000
FNYTX FRANKLIN NEW YORK TAX-FREE INCOME FUND: 0.63% to 0.65%, costing $2 a year on every $10,000
FRCOX FRANKLIN COLORADO TAX-FREE INCOME FUND: 0.70% to 0.72%, costing $2 a year on every $10,000
FTGAX FRANKLIN GEORGIA TAX-FREE INCOME FUND: 0.75% to 0.77%, costing $2 a year on every $10,000
FMINX FRANKLIN MINNESOTA TAX-FREE INCOME FUND: 0.68% to 0.70%, costing $2 a year on every $10,000
FRALX FRANKLIN ALABAMA TAX-FREE INCOME FUND: 0.80% to 0.82%, costing $2 a year on every $10,000
FRMOX FRANKLIN MISSOURI TAX-FREE INCOME FUND: 0.67% to 0.69%, costing $2 a year on every $10,000
FRNJX FRANKLIN NEW JERSEY TAX-FREE INCOME FUND: 0.68% to 0.70%, costing $2 a year on every $10,000
FRPAX FRANKLIN PENNSYLVANIA TAX-FREE INCOME FUND: 0.68% to 0.70%, costing $2 a year on every $10,000
FTTMX FRANKLIN MICHIGAN TAX-FREE INCOME FUND: 0.68% to 0.70%, costing $2 a year on every $10,000
FCAMX FRANKLIN CALIFORNIA HIGH YIELD MUNICIPAL FUND: 0.65% to 0.66%, costing $1 a year on every $10,000
FKITX FRANKLIN FEDERAL INTERMEDIATE-TERM TAX-FREE INCOME FUND: 0.67% to 0.68%, costing $1 a year on every $10,000
FKTFX FRANKLIN CALIFORNIA TAX-FREE INCOME FUND: 0.60% to 0.61%, costing $1 a year on every $10,000
FRVAX FRANKLIN VIRGINIA TAX-FREE INCOME FUND: 0.73% to 0.74%, costing $1 a year on every $10,000
FTAZX FRANKLIN ARIZONA TAX-FREE INCOME FUND: 0.67% to 0.68%, costing $1 a year on every $10,000
FTOIX FRANKLIN OHIO TAX-FREE INCOME FUND: 0.66% to 0.67%, costing $1 a year on every $10,000
FXCTX FRANKLIN CONNECTICUT TAX-FREE INCOME FUND: 0.85% to 0.86%, costing $1 a year on every $10,000
FXNCX FRANKLIN NORTH CAROLINA TAX-FREE INCOME FUND: 0.70% to 0.71%, costing $1 a year on every $10,000

Sources

Figures taken from SEC bulk data are rounded to 0.01%; the fund company's own documents may show a more precise number. The date is the prospectus date, which is usually when the new fee took effect.

This is a record of a fee change, not a recommendation. A fund's fee is one fact among many.