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 06/30/2020 (updated monthly) $853.2 (M)
Net Assets - Class A1 As of 05/31/2020 (updated monthly) $541.2 (M)
Average Duration As of 05/31/2020 (updated monthly) 4.51 Year(s)

Positions As of 06/30/2020

Portfolio Details

Asset AllocationAs of 06/30/2020

[name] [value]
Fixed Income 95.36%
Cash & Cash Equivalents 4.64%

Quality Breakdown As of 05/31/2020

[name] [value]
Investment Grade 96.01%
Below Investment Grade 0.75%
Not Rated 0%
N/A 0%
Cash & Cash Equivalents 3.24%
Investment Grade 96.01%
AAA 20.88%
AA 60.49%
A 7.27%
BBB 2.41%
Refunded 4.96%
Below Investment Grade 0.75%
D 0.75%
Not Rated 0.00%
N/A 0.00%
Cash & Cash Equivalents 3.24%

sector breakdownAs of 05/31/2020

[name] [value]
Higher Education 20.80%
Hospital & Health Care 19.59%
Refunded 18.27%
Utilities 13.94%
Transportation 8.93%
General Obligation Bonds 7.80%
Housing 5.02%
Cash & Cash Equivalents 3.24%
Subject to Government Appropriation 1.94%
Corporate Backed 0.30%
Other Revenue Bonds 0.15%

State / U.S. Territory Exposure As of 05/31/2020

[name] [value]
North Carolina 99.24%
Puerto Rico 0.76%