Franklin North Carolina Tax-Free Income Fund Class A1 (FXNCX)

Fund Assets	525.38M
Expense Ratio	0.74%
Min. Investment	$1,000
Turnover	16.14%
Dividend (ttm)	0.33
Dividend Yield	3.31%
Dividend Growth	7.52%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.83
YTD Return	-3.24%
1-Year Return	-2.03%
5-Year Return	-1.12%
52-Week Low	9.68
52-Week High	10.68
Beta (5Y)	0.03
Holdings	206
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.

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

Performance

FXNCX had a total return of -2.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.22%.

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
FNCQX	Class R6	0.56%
FNCZX	Advisor Class	0.61%
FQNCX	Class A	0.86%
FNCIX	Class C	1.25%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0275	Sep 30, 2026
Aug 31, 2026	$0.02653	Aug 31, 2026
Jul 31, 2026	$0.03018	Jul 31, 2026
Jun 30, 2026	$0.02727	Jun 30, 2026
May 29, 2026	$0.02813	May 29, 2026
Apr 30, 2026	$0.02737	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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