# Franklin Municipal Securities Trust

Franklin Municipal Securities Trust (CIK 881309) is an SEC-registered fund company with 2 reporting fund series and $3.5B in net assets as of 2026-05-31.

## Registrant

- CIK: 881309
- File number: 811-06481
- LEI: 549300IQ3KCBG0A00O42
- Address: One Franklin Parkway, San Mateo, US-CA, 94403-1906
- Phone: 650-312-2000
- Net assets: $3.5B
- Total assets: $3.5B
- Fund series: 2
- Latest report: 2026-05-31

## Fund series (2)

| Series | Net assets |
| --- | --- |
| [Franklin California High Yield Municipal Fund](https://search.stillhousedata.com/fund/S000006860) | $3.3B |
| [Franklin Tennessee Municipal Bond Fund](https://search.stillhousedata.com/fund/S000006861) | $195.3M |

## Largest reported holdings (across all series)

| Holding | Value |
| --- | --- |
| [San Joaquin Hills Transportation Corridor Agency](https://search.stillhousedata.com/security/798111EC0) | $41.8M |
| [Grand Canyon University](https://search.stillhousedata.com/security/38528UAE6) | $40.8M |
| [M-S-R Energy Authority](https://search.stillhousedata.com/security/55374SAF7) | $39.8M |
| [Foothill-Eastern Transportation Corridor Agency](https://search.stillhousedata.com/security/345105HX1) | $39.7M |
| [California Statewide Communities Development Authority](https://search.stillhousedata.com/security/13080SML5) | $35.8M |
| [San Francisco City & County Airport Comm-San Francisco International Airport](https://search.stillhousedata.com/security/79766DSA8) | $34.8M |
| [Los Angeles Housing Authority](https://search.stillhousedata.com/security/544562DR9) | $32.2M |
| [CMFA Special Finance Agency](https://search.stillhousedata.com/security/12574WAK6) | $28.1M |
| [Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue](https://search.stillhousedata.com/security/74529JRL1) | $27.6M |
| [San Diego Unified School District](https://search.stillhousedata.com/security/797355P32) | $26.0M |
| [CMFA Special Finance Agency XII](https://search.stillhousedata.com/security/12574XAB4) | $25.1M |
| [California Health Facilities Financing Authority](https://search.stillhousedata.com/security/13032UMP0) | $24.0M |
| [San Joaquin Valley Clean Energy Authority](https://search.stillhousedata.com/security/79811YAK4) | $23.6M |
| [California Municipal Finance Authority](https://search.stillhousedata.com/security/13048VCD8) | $22.3M |
| [Golden State Connect Authority](https://search.stillhousedata.com/security/38121BAA7) | $21.8M |

## More

- [CIK 881309 on SEC EDGAR (source of record)](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=881309&type=&dateb=&owner=include&count=40)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/registrant/881309.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.