Franklin Louisiana Tax Free Income Fund Class A1 (FKLAX)

Fund Assets	286.89M
Expense Ratio	0.75%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	0.31
Dividend Yield	2.98%
Dividend Growth	5.38%
Payout Frequency	Monthly
Ex-Dividend Date	Jun 30, 2025

Previous Close	9.86
YTD Return	-2.38%
1-Year Return	-0.44%
5-Year Return	-0.01%
52-Week Low	9.61
52-Week High	10.39
Beta (5Y)	0.27
Holdings	108
Inception Date	Sep 1, 1987

About FKLAX

The Franklin Louisiana Tax Free Income Fund Class A1 (FKLAX) seeks to provide a high level of income exempt from federal income taxes and Louisiana state personal income taxes. Under normal market conditions, the Fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax.

• Fund Family: Franklin A1
• Category: Muni Single State Long
• Stock Exchange: NASDAQ
• Ticker Symbol: FKLAX
• Share Class: Class A1
• Index: Bloomberg Municipal Bond TR

Performance

FKLAX had a total return of -0.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.82%.

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	0.55%
FICNX	Fidelity	Fidelity Connecticut Municipal Income Fund	0.46%
FMHTX	Fidelity	Fidelity Michigan Municipal Income Fund	0.46%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FLAQX	Class R6	0.62%
FLTZX	Advisor Class	0.65%
FQLAX	Class A	0.90%
FLAIX	Class C	1.29%

Top 10 Holdings

25.59% of assets

Name	Symbol	Weight
LOUISIANA PUB FACS AUTH HOSP REV 5%	LA.LASMED 5 06.01.2045	3.40%
LOUISIANA PUB FACS AUTH LEASE REV 5%	LA.LASFAC 5 07.01.2046	2.78%
NEW ORLEANS LA 5%	LA.NEW 5 12.01.2039	2.72%
PORT NEW ORLEANS LA BRD COMMRSPORT FAC REV 5%	LA.PNODEV 5 04.01.2050	2.65%
LOUISIANA PUB FACS AUTH REV 5%	LA.LASFAC 5 05.15.2042	2.51%
LOUISIANA ST GAS & FUELS TAX REV 4%	LA.LASGEN 4 05.01.2044	2.40%
ST TAMMANY PARISH LA HOSP SVC DIST NO 1 HOSP REV 5%	LA.STTMED 5 07.01.2048	2.36%
LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV 5%	LA.LASFAC 5 10.01.2041	2.29%
LOUISIANA PUB FACS AUTH REV 5.75%	LA.LASFAC 5.75 09.01.2064	2.28%
NEW ORLEANS LA AVIATION BRD REV 5%	LA.NEWTRN 5 01.01.2048	2.19%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2025	$0.02519	Jun 30, 2025
May 30, 2025	$0.02768	May 30, 2025
Apr 30, 2025	$0.02626	Apr 30, 2025
Mar 31, 2025	$0.02428	Mar 31, 2025
Feb 28, 2025	$0.02358	Feb 28, 2025
Jan 31, 2025	$0.0269	Jan 31, 2025