Franklin Connecticut Tax-Free Income Fund Advisor Class (FCNZX)
| Fund Assets | 157.23M |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000 |
| Turnover | 12.35% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.96% |
| Dividend Growth | 2.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.21 |
| YTD Return | 1.25% |
| 1-Year Return | 5.62% |
| 5-Year Return | 2.54% |
| 52-Week Low | 8.32 |
| 52-Week High | 9.23 |
| Beta (5Y) | n/a |
| Holdings | 96 |
| Inception Date | Jul 15, 2009 |
About FCNZX
Franklin Connecticut Tax-Free Income Fund Advisor Class is a municipal bond mutual fund designed to generate a high level of income that is exempt from both federal and Connecticut personal income taxes. The fund primarily invests at least 80% of its assets in municipal securities issued by Connecticut state and local entities, which finance public projects such as schools, hospitals, and infrastructure improvements. By focusing on bonds from a single state, the fund supports local development while catering to investors who seek tax-advantaged income specific to Connecticut residents. Notable features include a diversified portfolio of over 80 holdings, with a significant portion allocated to key Connecticut government and health-related agencies. The fund maintains an average to moderate risk profile and distributes income monthly, making it particularly attractive for individuals looking for predictable, tax-free cash flow. Since its inception in 2009, the fund has offered Connecticut-based investors a targeted solution for municipal bond exposure within the broader fixed income market, emphasizing both income generation and tax efficiency within its specific state-focused strategy.
Performance
FCNZX had a total return of 5.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.88%.
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 | $0.02373 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02415 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02105 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02485 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0221 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02456 | Aug 29, 2025 |