Franklin High Yield Tax Free Income Fund Class C (FHYIX)

The Franklin High Yield Tax Free Income Fund Class C (FHYIX) is a mutual fund that primarily invests in high-yield, tax-free municipal bonds. This fund aims to provide investors with a steady stream of tax-free income while also seeking to preserve capital. It is classified as a Class C fund, which typically has a higher expense ratio but may also offer lower initial investment requirements. FHYIX is suitable for investors seeking tax-free income and are willing to take on a moderate level of risk.