FKTLX Performance — Franklin Colorado Tax-Free Income Fund, Class R6
Data updated: 2026-07-27
FKTLX returned +1.75% year to date and +7.74% over one year to May 2026. Annualised returns are +4.25% over 3 years and +0.74% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $113, against $111 for the category, and to $108 over one year, against $106. Volatility over the past three years was 6.13% a year. In the 12 months to May 2026 the fund lost a net $13.0M, and assets reached $484.95M.
FKTLX Growth of $100
What $100 invested in Franklin Colorado Tax-Free Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | FKTLX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $108 | $106 |
| 3 years (Jun 2023 – May 2026) | $113 | $111 |
| 5 years (Jun 2021 – May 2026) | $104 | $104 |
| Since data start (Sep 2019 – May 2026) | $110 | $109 |
FKTLX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.75% |
| 1 year | +7.74% |
| 3 years (annualised) | +4.25% |
| 5 years (annualised) | +0.74% |
FKTLX Annual Returns
Calendar-year total returns of Franklin Colorado Tax-Free Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.75% |
| 2025 | +3.64% |
| 2024 | +2.76% |
| 2023 | +6.38% |
| 2022 | −10.79% |
| 2021 | +1.82% |
| 2020 | +5.10% |
| 2019 (Sep–Dec) | −0.46% |
FKTLX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | +1.5% | −1.9% | +1.4% | +0.5% | — | — | — | — | — | — | — |
| 2025 | +0.1% | +1.0% | −1.7% | −1.0% | −0.6% | +0.8% | −0.9% | +0.8% | +3.1% | +1.5% | +0.4% | +0.1% |
| 2024 | 0.0% | +0.2% | +0.1% | −1.3% | +0.2% | +1.8% | +1.0% | +0.7% | +0.9% | −1.2% | +1.6% | −1.2% |
| 2023 | +3.0% | −2.4% | +2.0% | −0.1% | −0.7% | +0.9% | +0.2% | −1.4% | −3.2% | −1.7% | +7.1% | +2.8% |
| 2022 | −2.7% | −0.6% | −3.0% | −3.2% | +0.9% | −2.2% | +2.6% | −2.5% | −4.1% | −1.0% | +4.8% | −0.1% |
| 2021 | +0.4% | −1.9% | +0.8% | +1.1% | +0.5% | +0.3% | +0.8% | −0.5% | −0.8% | −0.1% | +1.0% | +0.2% |
| 2020 | +1.9% | +1.4% | −3.3% | −1.4% | +3.1% | +0.5% | +1.5% | −0.4% | 0.0% | −0.2% | +1.5% | +0.6% |
| 2019 | — | — | — | — | — | — | — | — | −0.7% | 0.0% | +0.1% | +0.2% |
FKTLX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.13%
- 3-year Sharpe ratio: -0.04 (vs 4.5% risk-free rate)
- Best month: +7.11% (Nov 2023)
- Worst month: −3.16% (Sep 2023)
FKTLX Fund Flows
Monthly money in and out of Franklin Colorado Tax-Free Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$13.0M
- 12-month gross sales (incl. reinvestments): $109.9M
- Sales ÷ redemptions: 0.89×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $8.9M | $9.8M | −$861K |
| Apr 2026 | $7.8M | $9.6M | −$1.8M |
| Mar 2026 | $11.2M | $14.8M | −$3.6M |
| Feb 2026 | $10.2M | $6.4M | $3.9M |
| Jan 2026 | $5.9M | $9.1M | −$3.2M |
| Dec 2025 | $18.1M | $13.5M | $4.6M |
| Nov 2025 | $6.7M | $8.2M | −$1.5M |
| Oct 2025 | $9.9M | $12.5M | −$2.7M |
| Sep 2025 | $5.4M | $6.7M | −$1.3M |
| Aug 2025 | $6.1M | $11.4M | −$5.3M |
| Jul 2025 | $10.2M | $11.4M | −$1.2M |
| Jun 2025 | $9.5M | $9.5M | $547 |
FKTLX Assets Under Management
Net assets of Franklin Colorado Tax-Free Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $484.95M |
| 2026-02-28 | $496.08M |
| 2025-11-30 | $485.31M |
| 2025-08-31 | $471.42M |
| 2025-05-31 | $478.71M |
| 2025-02-28 | $508.34M |
| 2024-11-30 | $495.46M |
| 2024-08-31 | $497.13M |
| 2024-05-31 | $492.98M |
| 2024-02-29 | $505.83M |
| 2023-11-30 | $503.98M |
| 2023-08-31 | $512.66M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.