Franklin Louisiana Tax Free Income Fund Class A (FQLAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.56

+0.11 (1.16%)

At close: Oct 15, 2026

Fund Assets	187.83M
Expense Ratio	0.90%
Min. Investment	$1,000
Turnover	13.78%
Dividend (ttm)	0.31
Dividend Yield	3.27%
Dividend Growth	5.71%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.45
YTD Return	-4.30%
1-Year Return	-2.80%
5-Year Return	-3.52%
52-Week Low	9.28
52-Week High	10.24
Beta (5Y)	0.02
Holdings	101
Inception Date	Sep 10, 2018

About FQLAX

Franklin Louisiana Tax-Free Income Fund Class A is a municipal bond mutual fund that primarily aims to deliver a high level of income exempt from both federal income taxes and Louisiana state personal income taxes. The fund is specifically structured for investors seeking tax-advantaged income, with a strategy of investing at least 80% of its total assets in securities—predominantly municipal bonds—whose interest payments are free from federal income tax, including the federal alternative minimum tax, and from state taxes for Louisiana residents. This approach makes the fund particularly relevant for individuals subject to higher tax brackets or those living in Louisiana who wish to maximize after-tax income. The fund’s portfolio focuses on bonds issued by Louisiana municipalities and related governmental entities, thereby supporting local infrastructure, education, and public services. Within the broader marketplace, the fund serves as a specialized fixed income solution for investors seeking both geographic diversification and tax efficiency, while providing stable, tax-exempt income streams tied to the public sector in Louisiana.

Fund Family Franklin Templeton, Inc

Category Other States Muni

Performance Rating Below Average

Risk Rating Average

Stock Exchange Nasdaq

Ticker Symbol FQLAX

Share Class Class A

Index Bloomberg Municipal Bond TR

Performance

FQLAX had a total return of -2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.15%.

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%
FLTZX	Advisor Class	0.65%
FKLAX	Class A1	0.75%
FLAIX	Class C	1.30%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02688	Sep 30, 2026
Aug 31, 2026	$0.0258	Aug 31, 2026
Jul 31, 2026	$0.02822	Jul 31, 2026
Jun 30, 2026	$0.02557	Jun 30, 2026
May 29, 2026	$0.02625	May 29, 2026
Apr 30, 2026	$0.02566	Apr 30, 2026

Full Dividend History