Franklin North Carolina 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 03/31/2020 (updated monthly) $835.9 (M)
Net Assets - Class A1 As of 02/29/2020 (updated monthly) $567.5 (M)

Positions As of 03/31/2020

Total Positions 137

FIXED INCOME VS. Bloomberg Barclays Municipal Bond Index

Fund Benchmark
Average Duration As of 02/29/2020 (updated monthly) 4.38 Year(s) 5.06 Year(s)
Average Weighted Maturity

Portfolio Details

Asset AllocationAs of 03/31/2020

[name] [value]
Fixed Income 98.73%
Cash & Cash Equivalents 1.27%

Quality Breakdown As of 02/29/2020

[name] [value]
Investment Grade 90.54%
Below Investment Grade 0.93%
0%
Refunded 4.93%
Cash & Cash Equivalents 3.60%
Investment Grade 90.54%
AAA 22.58%
AA 58.19%
A 7.23%
BBB 2.54%
Below Investment Grade 0.93%
D 0.93%
Not Rated 0.00%
Refunded 4.93%
Cash & Cash Equivalents 3.60%

sector breakdownAs of 02/29/2020

[name] [value]
Higher Education 20.87%
Hospital & Health Care 18.93%
Refunded 18.14%
Utilities 13.89%
Transportation 10.26%
General Obligation Bonds 7.52%
Housing 4.56%
Cash & Cash Equivalents 3.60%
Subject to Government Appropriation 1.94%
Corporate Backed 0.29%

State / U.S. Territory Exposure As of 02/29/2020

[name] [value]
North Carolina 99.08%
Puerto Rico 0.92%