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Franklin Alabama Tax Free Income C FALEX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.32  /  −0.09 %
  • Total Assets 194.4 Mil
  • Adj. Expense Ratio
    1.300%
  • Expense Ratio 1.300%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.02%
  • Effective Duration 7.09 years

USD | NAV as of Mar 04, 2024 | 1-Day Return as of Mar 04, 2024, 11:10 PM GMT+0

Morningstar’s Analysis FALEX

Will FALEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Franklin Alabama Tax Free Income C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

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Portfolio Holdings FALEX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 29.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

HUNTSVILLE ALA HEALTH CARE AUTH 4%

4.01 7.8 Mil
municipal

BESSEMER ALA GOVERNMENTAL UTIL SVCS CORP WTR SUPPLY REV 5%

3.23 6.3 Mil
municipal

LIMESTONE CNTY ALA WTR & SWR AUTH WTR REV 5%

3.09 6.0 Mil
municipal

JACKSONVILLE ALA ST UNIV REV 5%

2.78 5.4 Mil
municipal

UNIVERSITY ALA GEN FEE REV 5%

2.76 5.4 Mil
municipal

BIRMINGHAM ALA WTRWKS BRD WTR REV 5%

2.74 5.3 Mil
municipal

UAB MEDICINE FIN AUTH ALA REV 5%

2.73 5.3 Mil
municipal

HUNTSVILLE ALA 5%

2.63 5.1 Mil
municipal

SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%

2.60 5.1 Mil
municipal

JEFFERSON CNTY ALA SWR REV 5.25%

2.51 4.9 Mil
municipal