FRVRX

About FRVRX

Franklin Virginia Tax-Free Income Fund Class R6 is an open-end municipal bond mutual fund designed to provide investors with a high level of income that is exempt from both regular federal income taxes and Virginia personal income taxes. The fund primarily invests in municipal securities issued by the Commonwealth of Virginia and its local governments, focusing on bonds with credit ratings among the top four categories by nationally recognized rating agencies. This strategy targets individuals and institutions seeking tax-efficient fixed income solutions while emphasizing capital preservation and stable income. The fund’s portfolio is managed with an eye toward credit quality and diversification within the Virginia municipal market, and it measures its performance against the Bloomberg Municipal Bond Index. With a substantial asset base and competitive yields, Franklin Virginia Tax-Free Income Fund Class R6 plays a specialized role in the marketplace by catering specifically to investors who benefit from state and federal tax-exempt income, particularly those residing in Virginia.