Franklin Alabama Tax Free Income Fund Class R6 (FALRX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.76
-0.06 (-0.61%)
At close: Apr 21, 2025
-2.89% (1Y)
| Fund Assets | 243.72M |
| Expense Ratio | 0.62% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.00% |
| Dividend Growth | 6.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 9.82 |
| YTD Return | -2.30% |
| 1-Year Return | 1.32% |
| 5-Year Return | 0.85% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 92 |
| Inception Date | Aug 1, 2017 |
About FALRX
The Franklin Alabama Tax Free Income Fund Class R6 (FALRX) 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
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FALRX
Share Class Class R6
Index Bloomberg Municipal Bond TR
Performance
FALRX had a total return of 1.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.24%.
Top 10 Holdings
27.54% of assets| Name | Symbol | Weight |
|---|---|---|
| JACKSONVILLE ALA ST UNIV REV 5% | AL JACHGR 5 12.01.2036 | 3.02% |
| BIRMINGHAM ALA WTRWKS BRD WTR REV 5% | AL BIRWTR 5 01.01.2043 | 3.01% |
| UAB MEDICINE FIN AUTH ALA REV 5% | AL UABGEN 5 09.01.2029 | 2.93% |
| UNIVERSITY ALA GEN FEE REV 5% | AL UALGEN 5 09.01.2048 | 2.93% |
| HUNTSVILLE ALA 5% | AL HUN 5 05.01.2038 | 2.88% |
| JEFFERSON CNTY ALA SWR REV 5.25% | AL JEFUTL 5.25 10.01.2049 | 2.72% |
| MADISON ALA WTR & WASTEWTR BRD WTR & SWR REV 5% | AL MADUTL 5 12.01.2041 | 2.71% |
| JACKSONVILLE ALA ST UNIV REV 4% | AL JACHGR 4 12.01.2050 | 2.57% |
| TUSCALOOSA ALA 4% | AL TUS 4 10.01.2050 | 2.45% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4% | AL SEEPWR 11.01.2051 | 2.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.02416 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02324 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02663 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02497 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02513 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02491 | Oct 31, 2024 |