Franklin Louisiana 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 12/31/2020 (updated monthly) $385.3 (M)
Net Assets - Class A1 As of 10/31/2020 (updated monthly) $257.3 (M)

Positions As of 12/31/2020

Total Positions 103

FIXED INCOME VS. Bloomberg Barclays Municipal Bond Index

Fund Benchmark
Average Duration As of 12/31/2020 (updated monthly) 6.25 Year(s) 5.18 Year(s)
Average Weighted MaturityAs of 12/31/2020 (updated monthly) 17.50 Year(s) 5.48 Year(s)

Portfolio Details

Asset AllocationAs of 12/31/2020

[name] [value]
Fixed Income 100.07%
Cash & Cash Equivalents -0.07%

Quality Breakdown As of 12/31/2020

[name] [value]
Investment Grade 95.85%
Below Investment Grade 1.02%
Not Rated 3.20%
Not Applicable 0%
Cash & Cash Equivalents -0.07%
Investment Grade 95.85%
AAA 0.74%
AA 43.52%
A 36.94%
BBB 1.33%
Refunded 13.32%
Below Investment Grade 1.02%
CCC 0.84%
D 0.18%
Not Rated 3.20%
N/A 0.00%
Cash & Cash Equivalents -0.07%

sector breakdownAs of 12/31/2020

[name] [value]
Refunded 16.08%
Tax Supported Debt 15.98%
Hospital & Health Care 14.05%
Transportation 13.21%
Higher Education 12.94%
General Obligation Bonds 9.51%
Utilities 7.30%
Subject to Government Appropriation 5.48%
Housing 3.11%
Other Revenue Bonds 2.41%
Cash & Cash Equivalents -0.07%

State / U.S. Territory Exposure As of 12/31/2020

[name] [value]
Louisiana 99.81%
Puerto Rico 0.19%