Franklin Alabama Tax-Free Income FundFALRX

MUTUAL FUNDFranklin Templeton
Type
Mutual fund
Peer group
Municipal bond
Net assets
$170.9M
Expense ratio
0.62%
1-year return
+4.1%
3 years, a year
+4.3%
5 years, a year
+1.1%
Holdings
101

What it aims to do.

To provide investors with as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders capital. The Fund also tries to provide a maximum level of income exempt from personal income taxes, if any, for resident shareholders of Alabama.

Top 10 holdings.

Holding% of fund
University of Alabama (The)2.99%
City of Huntsville AL2.90%
County of Jefferson AL Sewer Revenue2.79%
Madison Water & Wastewater Board2.73%
Jacksonville State University2.50%
Special Care Facilities Financing Authority of the City of Pell City Alabama2.38%
Health Care Authority of the City of Huntsville (The)2.06%
Black Belt Energy Gas District1.92%
Bessemer Governmental Utility Services Corp.1.80%
East Alabama Health Care Authority (The)1.80%

More on FALRX.

Returns after fees, from the fund's SEC filings up to Feb 2026. Past returns are not a promise. Not financial advice.