Franklin Colorado Tax Free Income Fund Class R6 (FKTLX)
| Fund Assets | 486.30M |
| Expense Ratio | 0.56% |
| Min. Investment | $1,000,000 |
| Turnover | 13.97% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.40% |
| Dividend Growth | 2.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.60 |
| YTD Return | 0.96% |
| 1-Year Return | 4.93% |
| 5-Year Return | 3.13% |
| 52-Week Low | 9.67 |
| 52-Week High | 10.61 |
| Beta (5Y) | n/a |
| Holdings | 186 |
| Inception Date | Aug 1, 2017 |
About FKTLX
Franklin Colorado Tax-Free Income Fund Class R6 is a municipal bond mutual fund structured to provide investors with a high level of income that is exempt from both federal and Colorado state personal income taxes. Managed by Franklin Templeton Investments, the fund allocates at least 80% of its net assets to municipal securities whose interest payments are not subject to federal income tax, including the federal alternative minimum tax. The fund’s strategy also aims for prudent capital preservation, investing exclusively in municipal bonds rated within the top four investment-grade tiers at time of purchase. With a portfolio of over 180 holdings, the fund is diversified across a range of Colorado municipal issuers, such as government agencies and public infrastructure. It features a monthly income distribution schedule, making it particularly relevant for investors seeking stable, tax-advantaged cash flows. The fund is categorized within the "Muni Single State Long" group, and its performance is measured against the Bloomberg Municipal Bond Index, reflecting its focus on longer-term municipal securities. By focusing on Colorado, the fund serves a targeted role for residents seeking state-specific tax benefits and portfolio diversification within the municipal bond market.
Performance
FKTLX had a total return of 4.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.11%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03077 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03197 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0276 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03302 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02867 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03153 | Aug 29, 2025 |