Franklin Louisiana Tax Free Income Fund Class A (FQLAX)

Fund Assets	286.89M
Expense Ratio	0.90%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	0.29
Dividend Yield	2.79%
Dividend Growth	4.49%
Payout Frequency	Monthly
Ex-Dividend Date	Apr 30, 2025

Previous Close	9.91
YTD Return	-2.03%
1-Year Return	0.56%
5-Year Return	1.32%
52-Week Low	n/a
52-Week High	n/a
Beta (5Y)	n/a
Holdings	111
Inception Date	Sep 10, 2018

About FQLAX

The Franklin Louisiana Tax Free Income Fund Class A (FQLAX) seeks to provide a high level of income exempt from federal income taxes and Louisiana state personal income taxes. Under normal market conditions, the Fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax.

• Category: Muni Single State Long
• Stock Exchange: NASDAQ
• Ticker Symbol: FQLAX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

FQLAX had a total return of 0.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.26%.

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	0.55%
FICNX	Fidelity	Fidelity Connecticut Municipal Income Fund	0.46%
FMHTX	Fidelity	Fidelity Michigan Municipal Income Fund	0.46%

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%
FLTZX	Advisor Class	0.65%
FKLAX	Class A1	0.75%
FLAIX	Class C	1.29%

Top 10 Holdings

26.66% of assets

Name	Symbol	Weight
NEW ORLEANS LA AVIATION BRD REV 5%	LA NEWTRN 5 01.01.2048	3.38%
LOUISIANA PUB FACS AUTH HOSP REV 5%	LA LASMED 5 06.01.2045	3.31%
LOUISIANA PUB FACS AUTH LEASE REV 5%	LA LASFAC 5 07.01.2046	2.73%
LOUISIANA PUB FACS AUTH REV 5%	LA LASFAC 5 05.15.2046	2.67%
NEW ORLEANS LA 5%	LA NEW 5 12.01.2039	2.66%
PORT NEW ORLEANS LA BRD COMMRSPORT FAC REV 5%	LA PNODEV 5 04.01.2050	2.58%
LOUISIANA PUB FACS AUTH REV 5%	LA LASFAC 5 05.15.2042	2.42%
LOUISIANA ST GAS & FUELS TAX REV 4%	LA LASGEN 4 05.01.2044	2.37%
ST TAMMANY PARISH LA HOSP SVC DIST NO 1 HOSP REV 5%	LA STTMED 5 07.01.2048	2.31%
LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV 5%	LA LASFAC 5 10.01.2041	2.23%

Dividend History

Ex-Dividend	Amount	Pay Date
Apr 30, 2025	$0.02504	Apr 30, 2025
Mar 31, 2025	$0.02307	Mar 31, 2025
Feb 28, 2025	$0.02241	Feb 28, 2025
Jan 31, 2025	$0.02556	Jan 31, 2025
Dec 31, 2024	$0.02427	Dec 31, 2024
Nov 29, 2024	$0.02402	Nov 29, 2024