Franklin Connecticut Tax-Free Income Fund Class A1 (FXCTX)

Fund Assets	141.80M
Expense Ratio	0.726%
Min. Investment	$1,000
Turnover	10.75%
Dividend (ttm)	0.27
Dividend Yield	3.11%
Dividend Growth	4.65%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	8.88
YTD Return	-0.33%
1-Year Return	0.15%
5-Year Return	1.10%
52-Week Low	8.37
52-Week High	9.29
Beta (5Y)	0.34
Holdings	109
Inception Date	Oct 3, 1988

About FXCTX

Franklin Connecticut Tax-Free Income Fund Class A1 is a municipal bond mutual fund designed to provide investors with a high level of income exempt from both regular federal income taxes and Connecticut personal income taxes. The fund primarily invests at least 80% of its assets in municipal securities issued by entities within Connecticut or those whose interest payments are tax-free at the federal and state level. It is particularly tailored for Connecticut residents seeking tax-efficient income, targeting bonds with varying maturities and credit qualities. The portfolio is predominantly composed of fixed income securities such as revenue bonds and general obligation bonds, with strict attention to creditworthiness and tax-exempt status. As a non-diversified fund, Franklin Connecticut Tax-Free Income Fund Class A1 may concentrate assets among fewer issuers, which can increase exposure to specific sectors or municipalities within the state. This fund plays a key role in the market by offering a specialized solution for investors aiming to reduce their tax burden while participating in the municipal bond sector, especially those with ties to Connecticut.

• Fund Family: Franklin Templeton, Inc
• Category: Unclassified
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FXCTX
• Share Class: Class A1
• Index: Bloomberg Municipal Bond TR

Performance

FXCTX had a total return of 0.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FICNX	Fidelity	Fidelity Connecticut Municipal Income Fund	0.45%
FMHTX	Fidelity	Fidelity Michigan Municipal Income Fund	0.45%
FSAZX	Fidelity	Fidelity Arizona Municipal Income Fund	0.57%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FCTQX	Class R6	0.62%
FCNZX	Advisor Class	0.65%
FQCTX	Class A	0.90%
FCTIX	Class C	1.30%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.0248	Oct 30, 2026
Sep 30, 2026	$0.02331	Sep 30, 2026
Aug 31, 2026	$0.02212	Aug 31, 2026
Jul 31, 2026	$0.02492	Jul 31, 2026
Jun 30, 2026	$0.02211	Jun 30, 2026
May 29, 2026	$0.02284	May 29, 2026

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Nov 13, 2026

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