Franklin CT Tax-Free Income A (FQCTX)
| Fund Assets | 147.96M |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000 |
| Turnover | 12.35% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.61% |
| Dividend Growth | -0.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.01 |
| YTD Return | -0.44% |
| 1-Year Return | -1.33% |
| 5-Year Return | -2.21% |
| 52-Week Low | 8.55 |
| 52-Week High | 9.30 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| Inception Date | Sep 10, 2018 |
About FQCTX
Franklin Connecticut Tax-Free Income Fund Class A is a municipal bond mutual fund designed to provide shareholders with a high level of current income that is exempt from both federal and Connecticut state personal income taxes. The fund primarily invests in investment-grade municipal securities issued by the State of Connecticut and its local entities, focusing on maintaining prudent investment management and capital preservation. By concentrating its holdings within a specific geographic region, the fund particularly appeals to Connecticut residents seeking tax advantages on their income. The portfolio typically features bonds supporting various public projects, such as infrastructure, education, and transportation, thereby playing a role in the state’s development initiatives. With an average credit quality rated 'A', the fund aligns with its peer group in terms of risk profile and strives to balance income generation with relative stability. Franklin Connecticut Tax-Free Income Fund Class A serves investors looking for a steady, tax-efficient income stream, especially those with a focus on minimizing local and federal tax liabilities through municipal bond investments.
Performance
FQCTX had a total return of -1.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.84%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
39.50% of assets| Name | Symbol | Weight |
|---|---|---|
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT.CTSMED 5 07.01.2046 | 6.12% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT.CTSMED 5 07.01.2045 | 5.52% |
| CONNECTICUT ST 4% | CT.CTS 4 01.15.2038 | 4.91% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4% | CT.CTSHGR 4 07.01.2041 | 3.91% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4% | CT.CTSHGR 4 07.01.2046 | 3.52% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT.CTSMED 5 12.01.2045 | 3.34% |
| CONNECTICUT ST SPL TAX OBLIG REV 5% | CT.CTSGEN 5 05.01.2035 | 3.32% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT.CTSMED 5 07.01.2042 | 3.01% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4% | CT.CTSMED 4 07.01.2046 | 2.93% |
| CONNECTICUT ST 5% | CT.CTS 5 11.15.2041 | 2.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02264 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02117 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01986 | Jun 30, 2025 |
| May 30, 2025 | $0.02163 | May 30, 2025 |
| Apr 30, 2025 | $0.02063 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01995 | Mar 31, 2025 |