Franklin Louisiana Tax Free Income Fund Class R6 (FLAQX)
| Fund Assets | 217.65M |
| Expense Ratio | 0.62% |
| Min. Investment | $1,000,000 |
| Turnover | 17.30% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.23% |
| Dividend Growth | 4.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.19 |
| YTD Return | 1.17% |
| 1-Year Return | 3.98% |
| 5-Year Return | 2.23% |
| 52-Week Low | 9.34 |
| 52-Week High | 10.19 |
| Beta (5Y) | n/a |
| Holdings | 100 |
| Inception Date | Aug 1, 2017 |
About FLAQX
Franklin Louisiana Tax-Free Income Fund Class R6 is a municipal bond fund designed to offer investors a high level of income that is exempt from both federal income taxes and Louisiana state personal income taxes. The fund primarily invests in tax-exempt municipal securities issued by local governments and agencies within Louisiana, allocating at least 80% of its assets to these securities to ensure favorable tax treatment under federal law, including the alternative minimum tax. By targeting investment-grade bond issuers, the fund helps support vital public projects in sectors such as infrastructure, education, and healthcare across Louisiana. Managed by Franklin Advisers, Inc., this fund seeks to deliver competitive tax-advantaged income for investors who are subject to higher tax rates or who reside in Louisiana. Its strategic focus on local municipal bonds provides an opportunity for both diversification and stability within a fixed income portfolio, and it plays a critical role in connecting investor capital with public sector funding needs in the state.
Performance
FLAQX had a total return of 3.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.92%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02816 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02963 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02544 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02992 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02624 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02929 | Aug 29, 2025 |