Franklin North Carolina Tax-Free Income Fund Class C (FNCIX)

Fund Assets	525.38M
Expense Ratio	1.25%
Min. Investment	$1,000
Turnover	16.14%
Dividend (ttm)	0.27
Dividend Yield	2.67%
Dividend Growth	8.94%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.99
YTD Return	-3.59%
1-Year Return	-2.55%
5-Year Return	-4.27%
52-Week Low	9.84
52-Week High	10.85
Beta (5Y)	0.31
Holdings	206
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.

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

Performance

FNCIX had a total return of -2.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.86%.

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
FNCQX	Class R6	0.56%
FNCZX	Advisor Class	0.61%
FXNCX	Class A1	0.71%
FQNCX	Class A	0.86%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02283	Sep 30, 2026
Aug 31, 2026	$0.02187	Aug 31, 2026
Jul 31, 2026	$0.02482	Jul 31, 2026
Jun 30, 2026	$0.02237	Jun 30, 2026
May 29, 2026	$0.02312	May 29, 2026
Apr 30, 2026	$0.02251	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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