Franklin NC Tax-Free Income A1 (FXNCX)
| Fund Assets | 557.97M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | 10.28% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.63% |
| Dividend Growth | 4.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.11 |
| YTD Return | -2.65% |
| 1-Year Return | -2.38% |
| 5-Year Return | -3.22% |
| 52-Week Low | 9.87 |
| 52-Week High | 10.70 |
| Beta (5Y) | n/a |
| Holdings | 208 |
| Inception Date | Sep 1, 1987 |
About FXNCX
Franklin North Carolina Tax-Free Income Fund Class A1 is an open-end mutual fund focused on providing investors with 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 total assets in investment-grade municipal securities issued by state and local entities in North Carolina, which are often used to finance public projects ranging from education and healthcare to transportation infrastructure. Securities in the fund are typically rated in one of the top four quality categories at the time of purchase and may include issues from U.S. territories, offering additional diversification. This single-state municipal bond fund generally maintains a long-duration profile, with average maturities exceeding 12 years, and is structured to appeal to investors seeking tax-efficient income streams. By concentrating on North Carolina, the fund plays a specialized role in the municipal bond market, supporting public works while offering residents targeted tax advantages and portfolio diversification.
Performance
FXNCX had a total return of -2.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.24%.
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 |
|---|---|---|
| Aug 29, 2025 | $0.02765 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02632 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02487 | Jun 30, 2025 |
| May 30, 2025 | $0.02762 | May 30, 2025 |
| Apr 30, 2025 | $0.02582 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0239 | Mar 31, 2025 |