Franklin Connecticut Tax-Free Income Fund Class C (FCTIX)

Fund Assets	141.80M
Expense Ratio	1.351%
Min. Investment	$1,000
Turnover	10.75%
Dividend (ttm)	0.22
Dividend Yield	2.52%
Dividend Growth	5.69%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	8.96
YTD Return	-0.78%
1-Year Return	-0.40%
5-Year Return	-1.87%
52-Week Low	8.44
52-Week High	9.37
Beta (5Y)	0.02
Holdings	109
Inception Date	May 1, 1995

About FCTIX

Franklin Connecticut Tax-Free Income Fund Class C is a municipal bond mutual fund designed to offer investors a source of income exempt from both federal income tax and Connecticut personal income taxes. This fund primarily invests in a diversified portfolio of municipal securities issued by entities within the state of Connecticut, targeting bonds that finance a variety of public projects, such as education, healthcare, and infrastructure. Its holdings are concentrated in Connecticut-issued municipal bonds, with a significant percentage allocated to sectors like health and educational facilities, as well as special tax obligation bonds. The fund's principal objective is to provide as high a level of tax-free income as possible for Connecticut residents, making it particularly relevant for investors living in the state seeking to minimize their tax liability. With a medium credit quality and interest rate sensitivity, the fund is positioned among other single-state municipal bond funds, but it does feature a higher-than-average expense ratio compared to peers. Overall, the Franklin Connecticut Tax-Free Income Fund Class C serves as a specialized tool for tax-advantaged fixed income exposure focused on Connecticut's municipal market.

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

Performance

FCTIX had a total return of -0.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.77%.

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%
FCNZX	Advisor Class	0.65%
FXCTX	Class A1	0.75%
FQCTX	Class A	0.90%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.02061	Oct 30, 2026
Sep 30, 2026	$0.01933	Sep 30, 2026
Aug 31, 2026	$0.01812	Aug 31, 2026
Jul 31, 2026	$0.02034	Jul 31, 2026
Jun 30, 2026	$0.01791	Jun 30, 2026
May 29, 2026	$0.01854	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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