Franklin Arizona Tax Free Income Fund Class A1 (FTAZX)

Fund Assets	548.91M
Expense Ratio	0.674%
Min. Investment	$1,000
Turnover	17.42%
Dividend (ttm)	0.34
Dividend Yield	3.66%
Dividend Growth	5.74%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.13
YTD Return	-3.12%
1-Year Return	-2.00%
5-Year Return	-0.09%
52-Week Low	8.98
52-Week High	9.91
Beta (5Y)	0.05
Holdings	152
Inception Date	Sep 1, 1987

About FTAZX

Franklin Arizona Tax-Free Income Fund Class A1 is a municipal bond mutual fund focused on providing investors with income that is exempt from both regular federal income taxes and Arizona state personal income taxes. Its primary function is to invest at least 80% of its assets in a diversified portfolio of high-quality municipal securities issued by Arizona state and local governments, financing projects such as public infrastructure, education, and utilities. The fund falls under the muni single-state long category, which typically consists of portfolios with longer durations and maturities, offering exposure to the Arizona municipal bond market. Designed for investors seeking tax-advantaged income, this fund helps support state and community development projects while aiming to minimize federal and state tax liabilities for Arizona residents. The fund is actively managed and maintains a concentration in the top municipal issuers within Arizona. Its credit quality and interest rate sensitivity are generally considered moderate, and it requires a minimum initial investment, making it suitable for individuals and institutions looking to diversify fixed income holdings with a state-specific and tax-efficient strategy.

• Fund Family: Franklin Templeton, Inc
• Category: Other States Muni
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FTAZX
• Share Class: Class A1
• Index: Bloomberg Municipal Bond TR

Performance

FTAZX had a total return of -2.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.16%.

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
FAZRX	Class R6	0.55%
FAZZX	Advisor Class	0.58%
FAZQX	Class A	0.83%
FAZIX	Class C	1.22%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02786	Sep 30, 2026
Aug 31, 2026	$0.02781	Aug 31, 2026
Jul 31, 2026	$0.03114	Jul 31, 2026
Jun 30, 2026	$0.02775	Jun 30, 2026
May 29, 2026	$0.02854	May 29, 2026
Apr 30, 2026	$0.0278	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

Data Sources Report a data error