About FGFZX
The Franklin Georgia Tax-Free Income Fund Advisor Class is a municipal bond mutual fund designed to provide investors with a high level of income that is exempt from both federal and Georgia state personal income taxes. The fund primarily invests in investment-grade municipal securities, allocating at least 80% of its assets to bonds whose interest payments are tax-free under current federal law, including the federal alternative minimum tax. With a focus on Georgia-issued bonds, over 89% of the fund’s portfolio is concentrated within the state, supporting sectors such as health care, utilities, housing, industrial development, education, and transportation. The fund pays dividends monthly, offering investors a regular stream of tax-advantaged income. Managed with an emphasis on preserving capital and prudent risk management, this fund serves individuals seeking municipal bond exposure—especially those residing in Georgia or seeking to benefit from state-specific tax advantages. The fund’s composition, sector diversity, and targeted credit quality make it a significant vehicle within the single-state municipal bond category, enabling targeted tax-exempt income generation for its investors.
Fund Family Franklin Templeton Investments
Category Muni Single State Long
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FGFZX
Share Class Advisor Class
Index Bloomberg Municipal Bond TR
FGFZX had a total return of 5.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.58%.
