Franklin NC Tax-Free Income A (FQNCX)
| Fund Assets | 557.97M |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000 |
| Turnover | 10.28% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.73% |
| Dividend Growth | 5.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.11 |
| YTD Return | -3.02% |
| 1-Year Return | -2.95% |
| 5-Year Return | -4.60% |
| 52-Week Low | 9.87 |
| 52-Week High | 10.70 |
| Beta (5Y) | n/a |
| Holdings | 208 |
| Inception Date | Sep 10, 2018 |
About FQNCX
Franklin North Carolina Tax-Free Income Fund Class A is a municipal bond mutual fund designed to provide investors with a high level of income that is exempt from both regular federal income taxes and North Carolina personal income taxes. The fund primarily invests at least 80% of its assets in municipal securities issued by North Carolina state and local governments, with interest payments that are typically free from federal taxation, including the federal alternative minimum tax. Its portfolio is broadly diversified across various issuers, focusing on essential services such as healthcare, education, and infrastructure within the state. This approach supports local development while aiming to deliver tax-advantaged income for residents of North Carolina. Franklin North Carolina Tax-Free Income Fund Class A is positioned as a lower-risk fixed income solution within the broader municipal bond sector, appealing to investors seeking income stability and tax efficiency, especially those subject to higher state and federal tax rates.
Performance
FQNCX had a total return of -2.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.68%.
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 | $0.02503 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02367 | Jun 30, 2025 |
| May 30, 2025 | $0.02628 | May 30, 2025 |
| Apr 30, 2025 | $0.02457 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02267 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02085 | Feb 28, 2025 |