Franklin Louisiana Tax Free Income Adv (FLTZX)

Fund Assets	187.83M
Expense Ratio	0.65%
Min. Investment	$1,000
Turnover	13.78%
Dividend (ttm)	0.34
Dividend Yield	3.54%
Dividend Growth	5.31%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.45
YTD Return	-4.13%
1-Year Return	-2.65%
5-Year Return	-3.81%
52-Week Low	9.28
52-Week High	10.24
Beta (5Y)	0.01
Holdings	101
Inception Date	Sep 15, 2016

About FLTZX

Franklin Louisiana Tax-Free Income Fund Advisor Class is an open-end mutual fund specializing in municipal bonds issued within Louisiana. Its primary objective is to offer investors a high level of income that is exempt from both federal income tax and Louisiana state personal income tax. The fund maintains an investment policy that requires at least 80% of its assets to be held in securities whose interest is tax-free at the federal level, including exemption from the alternative minimum tax. By focusing on municipal bonds, the fund supports public projects and infrastructure within Louisiana, benefiting sectors such as education, transportation, and public utilities. It typically appeals to investors seeking regular, tax-advantaged income, as it distributes dividends on a monthly basis. The fund’s role in the financial market is to provide targeted state-based tax-exempt income, particularly for Louisiana residents or those with Louisiana tax considerations, while contributing to the efficient financing of local government initiatives and development projects.

• Fund Family: Franklin Templeton, Inc
• Category: Other States Muni
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FLTZX
• Share Class: Advisor Class
• Index: Bloomberg Municipal Bond TR

Performance

FLTZX had a total return of -2.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.29%.

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	0.57%
FICNX	Fidelity	Fidelity Connecticut Municipal Income Fund	0.46%
FMHTX	Fidelity	Fidelity Michigan Municipal Income Fund	0.45%

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%
FKLAX	Class A1	0.75%
FQLAX	Class A	0.90%
FLAIX	Class C	1.30%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02887	Sep 30, 2026
Aug 31, 2026	$0.02778	Aug 31, 2026
Jul 31, 2026	$0.03051	Jul 31, 2026
Jun 30, 2026	$0.02766	Jun 30, 2026
May 29, 2026	$0.02839	May 29, 2026
Apr 30, 2026	$0.02774	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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