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Franklin Pennsylvania Tax-free Income Fund Class A1 (FRPAX)

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8.87 +0.02 +0.23%

07:00:00 - Delayed Data. Currency in USD

Type: Fund

Market: United States

Issuer: Franklin Templeton Investments

Asset Class: Equity

Morningstar Rating:
Total Assets: 416.94M

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Franklin Pennsylvania Tax-free Income Fund Class A1 Overview

On this page you'll find an in-depth profile of Franklin Pennsylvania Tax-free Income Fund Class A1. Learn about the key management, total assets, investment strategy and contact information of FRPAX among other information.

Investment Strategy

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 Pennsylvania 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. It only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.

Contact Information

Address One Franklin Parkway, Building 970, 1st Floor
San Mateo,CA 94403
United States

Phone +1 650 3122000

Web www.franklintempleton.com

Top Executives

Name	Title	Since	Until
Michael J. Conn	Senior Vice President	2020	Now
Biography	Mr. Conn has been a portfolio manager of Franklin Advisers, Inc since November 2020. He joined Franklin Templeton in 2006.
John Bonelli	Vice President	2020	Now
Biography	Mr. Bonelli is a Portfolio Manager and Research Analyst of Franklin Advisers, Inc. He joined Franklin Templeton Investments in 2010.
John Wiley	Lead Portfolio Manager	2020	Now
Biography	John Wiley, Senior Vice President, has been a lead portfolio manager since 1993. Wiley has been an analyst or portfolio manager with Franklin Templeton Investments, his employer since 1989. He holds the Chartered Financial Analyst designation.
Christopher S. Sperry	Vice President	2020	Now
Biography	Sperry has been an analyst or portfolio manager of Franklin Templeton Investments, his employer since 1996. Sperry holds the Chartered Financial Analyst designation.
Carrie Higgins	Vice President	2004	2020
Biography	Ms. Higgins has been an analyst or portfolio manager since 1992 and has been an analyst or portfolio manager since 2004. She joined Franklin Templeton Investments in 1990. Higgins is a member of the National Federation of Municipal Analysts, California Society of Municipal Analysts and the San Francisco Municipal Bond Club.
Stella S. Wong	Portfolio Manager	1986	2020
Biography	Ms. Wong has been an analyst or portfolio manager of the Colorado, Connecticut and Pennsylvania Funds since their inception. She joined Franklin Templeton in 1986. She currently manages several Franklin state tax-free funds, supervises Franklin's municipal trading desk, and acts as liaison between the municipal bond department and other areas of Franklin. Wong is a member of the California Society of Municipal Analysts and the San Francisco Municipal Bond Club.
John Wiley	Lead Portfolio Manager	1991	2005
Biography	John Wiley, Senior Vice President, has been a lead portfolio manager since 1993. Wiley has been an analyst or portfolio manager with Franklin Templeton Investments, his employer since 1989. He holds the Chartered Financial Analyst designation.
Sheila Amoroso	Co-Director	1987	2005
Biography	Amoroso is portfolio manager with Franklin Advisers, she joined the firm in 1986. She is also co-director of Franklin's Bond Department. Amoroso is a member of the San Francisco Municipal Bond Club and the California Society of Municipal Analysts.
Thomas J. Kenny	-	1987	2000
Biography	Tom is Co-Head of Goldman Sachs Asset Management's Global Cash and Fixed Income Portfolio team which is responsible for managing assets in excess of $370 billion across cash, traditional, and alternative fixed income strategies with teams in London, Tokyo, and New York. Prior to taking on this role, he was Head of the Municipal Bond Portfolio Management team that is responsible for over $25 billion in assets. He joined the firm in 1999 after spending over 13 years with the Franklin Templeton Group of Funds where, most recently, he was Executive Vice President and the Director of the Municipal Bond Department, responsible for assets under management in excess of $50 billion. Tom has served in a number of leadership positions for various industry groups including the Vice Chairman of the Municipal Securities Rulemaking Board. He received a B.A. in Business Economics from the University of California, Santa Barbara, and a M.S. in Finance from Golden Gate University in San Francisco. Tom also received the Chartered Financial Analyst designation.
Andrew Jennings	Manager municipal at trading desk, Portfolio Manager	1990	1997
Biography	Jennings was a manager at Franklin's municipal trading desk and ran several Franklin tax-free funds. He joined Franklin from Dean Witter Reynolds, where he was a first vice president and manager of the municipal institutional-bond department. He was also first vice president and manager of the western-regional municipal-bond department for Prudential. He has more than 30 years of investment experience.

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Recent Quotes

	Name	Price	Chg.	Chg. %
	Franklin PA Tax-F.	8.87	+0.02	+0.23%