Morningstar

Franklin Connecticut Tax-Free Income Fund Class A FQCTX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.20  /  −0.11 %
  • Total Assets 163.1M
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.78%
  • Effective Duration 7.32 years

USD | NAV as of Jul 14, 2026 | 1-Day Return as of Jul 14, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FQCTX

Will FQCTX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FQCTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FQCTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FQCTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Franklin CT Tax-Free Income A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FQCTX

More FQCTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 2.85%

5.25 9M
municipal

CONNECTICUT ST 4%

4.62 7M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4%

3.78 6M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5%

3.17 5M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4%

3.00 5M
municipal

CONNECTICUT ST SPL TAX OBLIG REV 5%

2.99 5M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5%

2.79 5M
municipal

CONNECTICUT ST 5%

2.73 4M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4%

2.70 4M
municipal

CONNECTICUT ST HSG FIN AUTH HSG MTG FIN PROG 3.05%

2.59 4M
municipal

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