The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Franklin Alabama Tax Free Income A1 FRALX
- NAV / 1-Day Return 10.04 / −0.07 %
- Total Assets 189.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.750%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Muni Single State Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Limited
- TTM Yield 2.67%
- Effective Duration 7.06 years
USD | NAV as of May 24, 2024 | 1-Day Return as of May 24, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FRALX
Will FRALX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 28.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BESSEMER ALA GOVERNMENTAL UTIL SVCS CORP WTR SUPPLY REV 5% | 3.31 | 6.3 Mil | municipal |
LIMESTONE CNTY ALA WTR & SWR AUTH WTR REV 5% | 3.21 | 6.1 Mil | municipal |
JACKSONVILLE ALA ST UNIV REV 5% | 2.86 | 5.4 Mil | municipal |
BIRMINGHAM ALA WTRWKS BRD WTR REV 5% | 2.81 | 5.3 Mil | municipal |
UNIVERSITY ALA GEN FEE REV 5% | 2.77 | 5.2 Mil | municipal |
HUNTSVILLE ALA HEALTH CARE AUTH 4% | 2.76 | 5.2 Mil | municipal |
UAB MEDICINE FIN AUTH ALA REV 5% | 2.74 | 5.2 Mil | municipal |
HUNTSVILLE ALA 5% | 2.70 | 5.1 Mil | municipal |
SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4% | 2.63 | 5.0 Mil | municipal |
MADISON ALA WTR & WASTEWTR BRD WTR & SWR REV 5% | 2.56 | 4.8 Mil | municipal |