Franklin Alabama Tax Free Income R6 (FALRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.67

+0.09 (0.94%)

At close: Oct 15, 2026

Fund Assets	160.00M
Expense Ratio	0.602%
Min. Investment	$1,000,000
Turnover	15.17%
Dividend (ttm)	0.33
Dividend Yield	3.43%
Dividend Growth	7.96%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.58
YTD Return	-2.43%
1-Year Return	-1.36%
5-Year Return	-0.35%
52-Week Low	9.43
52-Week High	10.30
Beta (5Y)	0.03
Holdings	110
Inception Date	Aug 1, 2017

About FALRX

Franklin Alabama Tax-Free Income Fund Class R6 is a municipal bond mutual fund designed to provide investors with a high level of income that is exempt from both federal and Alabama state personal income taxes. The fund primarily invests at least 80% of its assets in municipal securities issued by the state of Alabama and its municipalities, focusing on bonds whose interest payments are tax-free for Alabama residents. It maintains a diversified portfolio across various sectors and maturities within the state, targeting issuers such as utilities, educational institutions, and government agencies. This fund plays a significant role for investors seeking tax-advantaged income specifically tailored to Alabama residents, supporting the financing of local infrastructure and public projects while offering income-focused solutions within a single-state municipal bond strategy.

Fund Family Franklin Templeton, Inc

Category Other States Muni

Performance Rating Average

Risk Rating High

Stock Exchange Nasdaq

Ticker Symbol FALRX

Share Class Class R6

Index Bloomberg Municipal Bond TR

Performance

FALRX had a total return of -1.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.49%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FALZX	Advisor Class	0.65%
FRALX	Class A1	0.75%
FALQX	Class A	0.90%
FALEX	Class C	1.30%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02831	Sep 30, 2026
Aug 31, 2026	$0.02682	Aug 31, 2026
Jul 31, 2026	$0.03065	Jul 31, 2026
Jun 30, 2026	$0.02746	Jun 30, 2026
May 29, 2026	$0.02731	May 29, 2026
Apr 30, 2026	$0.02781	Apr 30, 2026

Full Dividend History