Franklin Alabama Tax Free Income Fund Advisor Class (FALZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.70
-0.03 (-0.31%)
Jul 18, 2025, 4:00 PM EDT
-5.09%
Fund Assets243.72M
Expense Ratio0.65%
Min. Investment$1,000
Turnovern/a
Dividend (ttm)0.30
Dividend Yield3.07%
Dividend Growth7.15%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close9.73
YTD Return-3.41%
1-Year Return-2.30%
5-Year Return-2.58%
52-Week Low9.62
52-Week High10.38
Beta (5Y)n/a
Holdings94
Inception DateSep 15, 2016

About FALZX

The Franklin Alabama Tax Free Income Fund Advisor Class (FALZX) 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 FALZX
Share Class Advisor Class
Index Bloomberg Municipal Bond TR

Performance

FALZX had a total return of -2.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.24%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
FSAZXFidelityFidelity Arizona Municipal Income Fund0.55%
FICNXFidelityFidelity Connecticut Municipal Income Fund0.46%
FMHTXFidelityFidelity Michigan Municipal Income Fund0.46%

Other Share Classes

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

SymbolShare ClassExpense Ratio
FALRXClass R60.62%
FRALXClass A10.75%
FALQXClass A0.90%
FALEXClass C1.30%

Top 10 Holdings

26.98% of assets
NameSymbolWeight
BIRMINGHAM ALA WTRWKS BRD WTR REV 5%AL.BIRWTR 5 01.01.20433.07%
JACKSONVILLE ALA ST UNIV REV 5%AL.JACHGR 5 12.01.20363.07%
UNIVERSITY ALA GEN FEE REV 5%AL.UALGEN 5 09.01.20482.99%
HUNTSVILLE ALA 5%AL.HUN 5 05.01.20382.91%
MADISON ALA WTR & WASTEWTR BRD WTR & SWR REV 5%AL.MADUTL 5 12.01.20412.76%
JEFFERSON CNTY ALA SWR REV 5.5%AL.JEFUTL 5.5 10.01.20532.74%
JACKSONVILLE ALA ST UNIV REV 4%AL.JACHGR 4 12.01.20502.49%
TUSCALOOSA ALA 4%AL.TUS 4 10.01.20502.40%
SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%AL.SEEPWR 11.01.20512.38%
PELL CITY ALA SPL CARE FACS FING AUTH REV 4%AL.PELMED 4 12.01.20392.16%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.02466Jun 30, 2025
May 30, 2025$0.02741May 30, 2025
Apr 30, 2025$0.02562Apr 30, 2025
Mar 31, 2025$0.02392Mar 31, 2025
Feb 28, 2025$0.02298Feb 28, 2025
Jan 31, 2025$0.02639Jan 31, 2025
Full Dividend History