Franklin Tennessee Municipal Bond 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 01/31/2020 (updated monthly) $217.8 (M)
Net Assets - Class A1 As of 01/31/2020 (updated monthly) $180.4 (M)
Average Duration As of 01/31/2020 (updated monthly) 4.40 Year(s)
Average Weighted MaturityAs of 01/31/2020 (updated monthly) 18.70 Year(s)

Positions As of 01/31/2020

Portfolio Details

Asset AllocationAs of 01/31/2020

[name] [value]
Fixed Income 98.69%
Cash & Cash Equivalents 1.31%

Quality Breakdown As of 01/31/2020

[name] [value]
Investment Grade 86.73%
Below Investment Grade 1.87%
Not Rated 1.39%
Refunded 8.70%
Cash & Cash Equivalents 1.31%
Investment Grade 86.73%
AAA 3.06%
AA 59.32%
A 20.99%
BBB 3.36%
Below Investment Grade 1.87%
D 1.87%
Not Rated 1.39%
Refunded 8.70%
Cash & Cash Equivalents 1.31%

sector breakdownAs of 01/31/2020

[name] [value]
Utilities 30.39%
Hospital & Health Care 14.06%
General Obligation Bonds 12.84%
Transportation 11.04%
Higher Education 10.76%
Refunded 9.23%
Housing 7.12%
Other Revenue Bonds 2.64%
Cash & Cash Equivalents 1.31%
Subject to Government Appropriation 0.61%

State / U.S. Territory Exposure As of 01/31/2020

[name] [value]
Tennessee 98.17%
Puerto Rico 1.83%