Franklin California Tax Free Income Fund Class C (FRCTX)

FRCTX is a mutual fund that focuses on providing tax-free income to investors in the state of California. It is classified as Class C, which typically indicates a higher expense ratio and potentially higher sales charges. This fund is managed by Franklin Templeton Investments and primarily invests in municipal bonds issued by California state and local governments. It aims to provide a steady stream of tax-free income while also preserving capital for investors.