Franklin CT Tax-Free Income Adv (FCNZX)

Fund Assets	141.80M
Expense Ratio	0.663%
Min. Investment	$1,000
Turnover	10.75%
Dividend (ttm)	0.28
Dividend Yield	3.21%
Dividend Growth	4.53%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	8.88
YTD Return	-0.24%
1-Year Return	0.25%
5-Year Return	1.53%
52-Week Low	8.37
52-Week High	9.29
Beta (5Y)	0.03
Holdings	109
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.

• Fund Family: Franklin Templeton, Inc
• Category: Unclassified
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FCNZX
• Share Class: Advisor Class
• Index: Bloomberg Municipal Bond TR

Performance

FCNZX had a total return of 0.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.37%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FICNX	Fidelity	Fidelity Connecticut Municipal Income Fund	0.45%
FMHTX	Fidelity	Fidelity Michigan Municipal Income Fund	0.45%
FSAZX	Fidelity	Fidelity Arizona Municipal Income Fund	0.57%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FCTQX	Class R6	0.62%
FXCTX	Class A1	0.75%
FQCTX	Class A	0.90%
FCTIX	Class C	1.30%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.02555	Oct 30, 2026
Sep 30, 2026	$0.02403	Sep 30, 2026
Aug 31, 2026	$0.02283	Aug 31, 2026
Jul 31, 2026	$0.02575	Jul 31, 2026
Jun 30, 2026	$0.02287	Jun 30, 2026
May 29, 2026	$0.02362	May 29, 2026

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Nov 13, 2026

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