Franklin Arizona Tax-Free Income Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

Portfolio Statistics

Assets

Total Fund AssetsAs of 08/31/2021 (updated monthly) $1,059.5 (M)
Net Assets - Class A1 As of 08/31/2021 (updated monthly) $576.1 (M)

Positions As of 08/31/2021

Total Positions 224

FIXED INCOME VS. Bloomberg Municipal Bond Index

Fund Benchmark
Average Duration As of 08/31/2021 (updated monthly) 6.40 Year(s) 5.12 Year(s)
Average Weighted MaturityAs of 08/31/2021 (updated monthly) 18.34 Year(s) 13.10 Year(s)

Portfolio Details

Asset AllocationAs of 08/31/2021

[name] [value]
Fixed Income 98.55%
Cash & Cash Equivalents 1.45%

Quality Breakdown As of 08/31/2021

AA 53.95%
A 23.11%
BBB 10.25%
Refunded 6.00%
AAA 4.38%
Cash & Cash Equivalents 1.45%
CCC 0.87%

Quality Breakdown As of 08/31/2021

[name] [value]
Investment Grade 91.69%
Below Investment Grade 0.87%
Not Rated 0%
Not Applicable 0%
Cash & Cash Equivalents 1.45%
Investment Grade 91.69%
AAA 4.38%
AA 53.95%
A 23.11%
BBB 10.25%
Below Investment Grade 0.87%
CCC 0.87%
Not Rated 0.00%
N/A 0.00%
Cash & Cash Equivalents 1.45%

sector breakdownAs of 08/31/2021

[name] [value]
Education 21.14%
Health Care 20.07%
Utilities 16.81%
Lease 14.79%
Refunded 6.00%
Special Tax 5.61%
Local 4.48%
Transportation 3.53%
Industrial Dev. Revenue and Pollution Control 3.33%
Housing 2.80%
Cash & Cash Equivalents 1.45%

State / U.S. Territory ExposureAs of 08/31/2021

[name] [value]
Arizona 95.44%
Puerto Rico 1.85%
Cash & Cash Equivalents 1.45%
Guam 1.26%