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Franklin Louisiana Tax Free Income Fund (FLAIX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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10.21-0.03 (-0.29%)
At close: 08:01PM EDT

Franklin Louisiana Tax Free Income Fund

San Mateo CA 94403-1906

One Franklin Parkway

Franklin Tax Free Trust

Management information
Christopher S. Sperry,Lead manager since 1 November 2020
Sperry has been an analyst or portfolio manager of Franklin Templeton Investments, his employer since 1996. Sperry holds the Chartered Financial Analyst designation.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryMuni Single State Long
Fund familyFranklin Templeton Investments
Net assets265.18M
YTD return-0.01%
Yield2.23%
Morningstar rating★★
Inception date30 Apr 1995

Fund operations

Last dividend0.06
Last cap gain-17.00
Holdings turnover11.69%
Average for categoryN/A

Fees and expenses

ExpenseFLAIXCategory average
Annual report expense ratio (net)1.27%0.87%
Prospectus net expense ratio1.27%N/A
Prospectus gross expense ratio1.27%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A4.02%
Max deferred sales loadN/A1.60%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A