Franklin Alabama Tax Free Income Fund Class A (FALQX)

Fund Assets	195.26M
Expense Ratio	0.90%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	0.27
Dividend Yield	2.70%
Dividend Growth	7.67%
Payout Frequency	Monthly
Ex-Dividend Date	n/a

Previous Close	9.77
YTD Return	-3.61%
1-Year Return	-3.10%
5-Year Return	-4.23%
52-Week Low	9.63
52-Week High	10.39
Beta (5Y)	n/a
Holdings	91
Inception Date	Sep 10, 2018

About FALQX

The Franklin Alabama Tax Free Income Fund Class A (FALQX) seeks to provide a high level of income exempt from federal income taxes and Alabama personal income taxes. Under normal market and economic conditions, the Fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax.

• Category: Muni Single State Long
• Stock Exchange: NASDAQ
• Ticker Symbol: FALQX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

FALQX had a total return of -3.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.80%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FSAZX	Fidelity	Fidelity Arizona Municipal Income Fund	0.55%
FICNX	Fidelity	Fidelity Connecticut Municipal Income Fund	0.46%
FMHTX	Fidelity	Fidelity Michigan Municipal Income Fund	0.46%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FALRX	Class R6	0.62%
FALZX	Advisor Class	0.65%
FRALX	Class A1	0.75%
FALEX	Class C	1.30%

Top 10 Holdings

28.04% of assets

Name	Symbol	Weight
JACKSONVILLE ALA ST UNIV REV 5%	AL.JACHGR 5 12.01.2036	3.10%
BIRMINGHAM ALA WTRWKS BRD WTR REV 5%	AL.BIRWTR 5 01.01.2043	3.09%
UAB MEDICINE FIN AUTH ALA REV 5%	AL.UABGEN 5 09.01.2029	3.05%
UNIVERSITY ALA GEN FEE REV 5%	AL.UALGEN 5 09.01.2048	3.03%
HUNTSVILLE ALA 5%	AL.HUN 5 05.01.2038	2.93%
MADISON ALA WTR & WASTEWTR BRD WTR & SWR REV 5%	AL.MADUTL 5 12.01.2041	2.78%
JEFFERSON CNTY ALA SWR REV 5.5%	AL.JEFUTL 5.5 10.01.2053	2.76%
JACKSONVILLE ALA ST UNIV REV 4%	AL.JACHGR 4 12.01.2050	2.49%
TUSCALOOSA ALA 4%	AL.TUS 4 10.01.2050	2.41%
SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%	AL.SEEPWR 11.01.2051	2.39%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2025	$0.02271	Jun 30, 2025
May 30, 2025	$0.02525	May 30, 2025
Apr 30, 2025	$0.02359	Apr 30, 2025
Mar 31, 2025	$0.02192	Mar 31, 2025
Feb 28, 2025	$0.02103	Feb 28, 2025
Jan 31, 2025	$0.02418	Jan 31, 2025