Franklin California High Yield Municipal Fund Advisor Class (FVCAX) Alternatives
Franklin California High Yield Municipal Fund Advisor Class (FVCAX) belongs to the High Yield Muni category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FVCAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FVCAX
FVCAX charges 0.55% annually. Among mutual funds in the High Yield Muni category, these options have the lowest expense ratios among FVCAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | Aug 3, 2014 | FVCAX vs BATEX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | May 9, 2007 | FVCAX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | Jan 27, 2017 | FVCAX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | Aug 1, 2008 | FVCAX vs AHMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | Jun 14, 2015 | FVCAX vs SDHIX |
Best Risk-Adjusted Alternatives to FVCAX
Among mutual funds in the High Yield Muni category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 78 | Jun 10, 2018 | FVCAX vs TMNIX | |
| T. Rowe Price Tax Free High Yield Fund | 62 | Feb 28, 1985 | FVCAX vs PRFHX | |
| Lord Abbett Short Duration High Income Municipal B... | 60 | Jun 14, 2015 | FVCAX vs SDHIX | |
| Invesco Short Duration High Yield Municipal Fund | 44 | Sep 29, 2015 | FVCAX vs ISHYX | |
| American High-Income Municipal Bond Fund Class F-2 | 39 | Aug 1, 2008 | FVCAX vs AHMFX |
Top Performing FVCAX Alternatives (YTD)
FVCAX alternatives from the High Yield Muni category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 3.79% | Nov 19, 2003 | FVCAX vs NMZ | |
| T. Rowe Price Tax Free High Yield Fund | 0.63% | Feb 28, 1985 | FVCAX vs PRFHX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 0.58% | Jan 31, 2013 | FVCAX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 0.35% | Sep 29, 2015 | FVCAX vs ISHYX | |
| Nuveen High Yield Municipal Bond Fund Class R6 | 0.16% | Jun 30, 2016 | FVCAX vs NHMFX |
Lowest Volatility Alternatives to FVCAX
FVCAX alternatives from the High Yield Muni category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 2.34% | Jun 10, 2018 | FVCAX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 3.45% | Jun 14, 2015 | FVCAX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 3.81% | Jan 31, 2013 | FVCAX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 3.82% | Sep 29, 2015 | FVCAX vs ISHYX | |
| Redwood Managed Municipal Income Fund | 3.89% | Mar 8, 2017 | FVCAX vs RWMIX |
Lowest Drawdown Alternatives to FVCAX
FVCAX alternatives from the High Yield Muni category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | -2.21% | Jun 10, 2018 | FVCAX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | -3.22% | Jun 14, 2015 | FVCAX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -3.63% | Jan 31, 2013 | FVCAX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -3.79% | Sep 29, 2015 | FVCAX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -3.81% | May 30, 2013 | FVCAX vs AHYMX |
Other Mutual Funds from Franklin
Most popular Franklin mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Franklin Colorado Tax-Free Income Fund Class A | Municipal Bonds | 28 | -0.73% | Sep 1, 1987 | FVCAX vs FCOQX | |
| Franklin Mutual Global Discovery Fund Class A | Global Equities | 20 | -4.33% | Dec 31, 1992 | FVCAX vs TEDIX | |
| Franklin Growth Opportunities Fund Class A | Large Cap Growth Equities | 9 | -11.90% | Jun 23, 1999 | FVCAX vs FGRAX | |
| Franklin Global Allocation Fund Class C | Global Allocation | 59 | -3.35% | Aug 15, 2003 | FVCAX vs FFACX |
Compare FVCAX with Any Fund or Stock
Compare FVCAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.