Morningstar

Franklin Connecticut Tax-Free Income Fund Class A1 FXCTX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 9.15  /  −0.11 %
  • Total Assets 162.3M
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 2.93%
  • Effective Duration 7.32 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FXCTX

Will FXCTX 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 FXCTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FXCTX 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 FXCTX’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 A1 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings FXCTX

More FXCTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CONNECTICUT ST 4%

4.57 7M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4%

3.79 6M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 3.15%

3.67 6M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5%

3.07 5M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4%

3.02 5M
municipal

CONNECTICUT ST SPL TAX OBLIG REV 5%

2.97 5M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5%

2.77 5M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4%

2.73 4M
municipal

CONNECTICUT ST 5%

2.72 4M
municipal

CONNECTICUT ST HSG FIN AUTH HSG MTG FIN PROG 3.05%

2.62 4M
municipal

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