Franklin Louisiana Tax Free Income Fund Class A1 (FKLAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.84
-0.02 (-0.20%)
Jul 8, 2025, 4:00 PM EDT
-3.34% (1Y)
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.
Top 10 Holdings
25.59% of assetsName | 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 |