Franklin NC Tax-Free Income C (FNCIX)
| Fund Assets | 557.97M |
| Expense Ratio | 1.24% |
| Min. Investment | $1,000 |
| Turnover | 10.28% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 2.17% |
| Dividend Growth | 5.83% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.27 |
| YTD Return | -2.78% |
| 1-Year Return | -2.50% |
| 5-Year Return | -5.64% |
| 52-Week Low | 10.03 |
| 52-Week High | 10.88 |
| Beta (5Y) | 0.28 |
| Holdings | 208 |
| Inception Date | May 1, 1995 |
About FNCIX
Franklin North Carolina Tax-Free Income Fund Class C is a municipal bond mutual fund focused on providing investors with a high level of income exempt from both regular federal income taxes and North Carolina state personal income taxes. The fund invests chiefly in North Carolina municipal securities, with a mandate that at least 80% of its assets are allocated to bonds whose interest payments meet tax-exemption criteria, including exemption from the federal alternative minimum tax. This structure makes it especially relevant for North Carolina residents seeking efficient income within their state tax framework. Featuring a diversified portfolio with over 200 holdings, the fund distributes income on a monthly basis and targets long-term income stability with moderate risk characteristics. The fund primarily serves individual investors, institutions, and organizations looking to preserve after-tax income while maintaining exposure to the municipal sector within a single state. Managed by Franklin Templeton, the fund adds unique value as a targeted fixed income vehicle optimized for tax-sensitive investors based in North Carolina.
Performance
FNCIX had a total return of -2.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.88%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
22.86% of assets| Name | Symbol | Weight |
|---|---|---|
| NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV 5% | NC.NCSMED 5 11.01.2046 | 3.58% |
| NEW HANOVER CNTY N C HOSP REV 5% | NC.NHVMED 5 10.01.2047 | 2.59% |
| CHARLOTTE-MECKLENBERG HOSP AUTH N C HEALTH CARE SYS REV 5% | NC.CHAMED 5 01.15.2040 | 2.51% |
| NORTH CAROLINA CAP FACS FIN AGY REV 5% | NC.NCSFAC 5 10.01.2041 | 2.48% |
| NORTH CAROLINA CAP FACS FIN AGY EDL FACS REV 5% | NC.NCSEDU 5 01.01.2048 | 2.43% |
| NORTH CAROLINA CAP FACS FIN AGY REV 5% | NC.NCSFAC 5 10.01.2044 | 2.38% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 1.92% |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS REV 4% | NC.NCSMED 4 12.01.2039 | 1.77% |
| WINSTON-SALEM N C WTR & SWR SYS REV 4% | NC.WINUTL 4 06.01.2047 | 1.64% |
| CHARLOTTE N C ARPT REV 4% | NC.CHAAPT 4 07.01.2040 | 1.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02148 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02035 | Jun 30, 2025 |
| May 30, 2025 | $0.0226 | May 30, 2025 |
| Apr 30, 2025 | $0.02113 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01926 | Mar 31, 2025 |
| Feb 28, 2025 | $0.01752 | Feb 28, 2025 |