Franklin Louisiana Tax Free Income Fund Class C (FLAIX)

Fund Assets	286.89M
Expense Ratio	1.29%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	0.25
Dividend Yield	2.46%
Dividend Growth	4.45%
Payout Frequency	Monthly
Ex-Dividend Date	May 30, 2025

Previous Close	10.00
YTD Return	-2.80%
1-Year Return	-0.91%
5-Year Return	-2.83%
52-Week Low	9.77
52-Week High	10.56
Beta (5Y)	n/a
Holdings	108
Inception Date	May 1, 1995

About FLAIX

The Franklin Louisiana Tax Free Income Fund Class C (FLAIX) 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: FrankTemp/Franklin C
• Category: Muni Single State Long
• Stock Exchange: NASDAQ
• Ticker Symbol: FLAIX
• Share Class: Class C
• Index: Bloomberg Municipal Bond TR

Performance

FLAIX had a total return of -0.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.05%.

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%
FKLAX	Class A1	0.75%
FQLAX	Class A	0.90%

Top 10 Holdings

26.95% of assets

Name	Symbol	Weight
NEW ORLEANS LA AVIATION BRD REV 5%	LA.NEWTRN 5 01.01.2048	3.44%
LOUISIANA PUB FACS AUTH HOSP REV 5%	LA.LASMED 5 06.01.2045	3.37%
LOUISIANA PUB FACS AUTH LEASE REV 5%	LA.LASFAC 5 07.01.2046	2.76%
LOUISIANA PUB FACS AUTH REV 5%	LA.LASFAC 5 05.15.2046	2.70%
NEW ORLEANS LA 5%	LA.NEW 5 12.01.2039	2.68%
PORT NEW ORLEANS LA BRD COMMRSPORT FAC REV 5%	LA.PNODEV 5 04.01.2050	2.61%
LOUISIANA PUB FACS AUTH REV 5%	LA.LASFAC 5 05.15.2042	2.46%
LOUISIANA ST GAS & FUELS TAX REV 4%	LA.LASGEN 4 05.01.2044	2.39%
ST TAMMANY PARISH LA HOSP SVC DIST NO 1 HOSP REV 5%	LA.STTMED 5 07.01.2048	2.30%
LOUISIANA PUB FACS AUTH REV 5.75%	LA.LASFAC 5.75 09.01.2064	2.24%

Dividend History

Ex-Dividend	Amount	Pay Date
May 30, 2025	$0.02281	May 30, 2025
Apr 30, 2025	$0.02169	Apr 30, 2025
Mar 31, 2025	$0.01975	Mar 31, 2025
Feb 28, 2025	$0.01918	Feb 28, 2025
Jan 31, 2025	$0.0219	Jan 31, 2025
Dec 31, 2024	$0.02069	Dec 31, 2024