Franklin Arizona Tax Free Income Fund Class A (FAZQX)
| Fund Assets | 617.36M |
| Expense Ratio | 0.82% |
| Min. Investment | $1,000 |
| Turnover | 10.60% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.01% |
| Dividend Growth | 2.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.25 |
| YTD Return | 1.16% |
| 1-Year Return | 4.36% |
| 5-Year Return | 1.44% |
| 52-Week Low | 9.37 |
| 52-Week High | 10.26 |
| Beta (5Y) | 0.29 |
| Holdings | 164 |
| Inception Date | Sep 10, 2018 |
About FAZQX
Franklin Arizona Tax-Free Income Fund Class A is a municipal bond mutual fund designed to deliver income that is exempt from both federal and Arizona state personal income taxes for residents of Arizona. Its primary objective is to provide shareholders with a high level of tax-free income while preserving capital through prudent investment management. The fund primarily invests in a diversified portfolio of debt securities issued by Arizona state and local governments, including bonds supporting education, utilities, health care, transportation, and housing sectors. At least 80% of its net assets are dedicated to securities with interest payments free from federal income tax, including exemption from the federal alternative minimum tax. The portfolio maintains a moderate credit quality and interest rate sensitivity, with a significant allocation to AA and A-rated municipal bonds and an effective duration typically over six years. By focusing on infrastructure and essential public services in Arizona, the fund plays an important role in supporting local development projects while meeting the investment needs of tax-sensitive investors seeking stable, tax-advantaged income.
Performance
FAZQX had a total return of 4.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.59%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02715 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02714 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02345 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02806 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02442 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02798 | Aug 29, 2025 |