Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Franklin Louisiana Tax Free Income C FLAIX
- NAV / 1-Day Return 10.39 / +0.02 %
- Total Assets 256.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.290%
- 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 2.26%
- Effective Duration 6.62 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FLAIX
Will FLAIX 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
|
---|---|---|---|
LOUISIANA ST GAS & FUELS TAX REV 5% | 4.01 | 10.4 Mil | municipal |
LOUISIANA PUB FACS AUTH HOSP REV 5% | 3.97 | 10.3 Mil | municipal |
NEW ORLEANS LA AVIATION BRD REV 5% | 3.23 | 8.3 Mil | municipal |
LOUISIANA PUB FACS AUTH LEASE REV 5% | 2.60 | 6.7 Mil | municipal |
LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH MULTIFAMILY REV 4.25 | 2.60 | 6.7 Mil | municipal |
NEW ORLEANS LA 5% | 2.52 | 6.5 Mil | municipal |
LOUISIANA PUB FACS AUTH REV 5% | 2.48 | 6.4 Mil | municipal |
PORT NEW ORLEANS LA BRD COMMRSPORT FAC REV 5% | 2.43 | 6.3 Mil | municipal |
LOUISIANA PUB FACS AUTH REV 5% | 2.25 | 5.8 Mil | municipal |
ST TAMMANY PARISH LA HOSP SVC DIST NO 1 HOSP REV 5% | 2.22 | 5.7 Mil | municipal |