Franklin North Carolina Tax-Free Income Fund Class A (FQNCX)

Fund Assets	525.38M
Expense Ratio	0.866%
Min. Investment	$1,000
Turnover	16.14%
Dividend (ttm)	0.31
Dividend Yield	3.15%
Dividend Growth	7.86%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.83
YTD Return	-3.35%
1-Year Return	-2.19%
5-Year Return	-3.53%
52-Week Low	9.69
52-Week High	10.68
Beta (5Y)	n/a
Holdings	206
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.

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

Performance

FQNCX had a total return of -2.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.95%.

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	0.45%
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%
FNCIX	Class C	1.25%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02624	Sep 30, 2026
Aug 31, 2026	$0.02529	Aug 31, 2026
Jul 31, 2026	$0.02875	Jul 31, 2026
Jun 30, 2026	$0.02596	Jun 30, 2026
May 29, 2026	$0.02681	May 29, 2026
Apr 30, 2026	$0.02608	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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