Franklin Arizona Tax Free Income Fund Class A (FAZQX)

Fund Assets	548.91M
Expense Ratio	0.827%
Min. Investment	$1,000
Turnover	17.42%
Dividend (ttm)	0.32
Dividend Yield	3.49%
Dividend Growth	5.96%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.14
YTD Return	-4.26%
1-Year Return	-3.10%
5-Year Return	-3.66%
52-Week Low	9.00
52-Week High	9.93
Beta (5Y)	0.29
Holdings	152
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.

• Fund Family: Franklin Templeton, Inc
• Category: Other States Muni
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FAZQX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

FAZQX had a total return of -3.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.12%.

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	0.57%
FICNX	Fidelity	Fidelity Connecticut Municipal Income Fund	0.45%
FMHTX	Fidelity	Fidelity Michigan Municipal Income Fund	0.45%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FAZRX	Class R6	0.55%
FAZZX	Advisor Class	0.58%
FTAZX	Class A1	0.68%
FAZIX	Class C	1.22%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02671	Sep 30, 2026
Aug 31, 2026	$0.02665	Aug 31, 2026
Jul 31, 2026	$0.02981	Jul 31, 2026
Jun 30, 2026	$0.02654	Jun 30, 2026
May 29, 2026	$0.02729	May 29, 2026
Apr 30, 2026	$0.02659	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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