FLAIX — Franklin Louisiana Tax-Free Income Fund
Data updated: 2026-07-27
FLAIX — Franklin Louisiana Tax-Free Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $210.67M AUM · 1.30% expense ratio · 2.5% 1-yr return. From SEC regulatory filings.
FLAIX Fund Overview
FLAIX — Franklin Louisiana Tax-Free Income Fund is a US mutual fund managed by Franklin Tax Free Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Franklin Tax Free Trust
- Category: Long Municipal - National Bond
- Assets under management: $210.67M
- 1-year return: 2.5%
- Ticker: FLAIX
- SEC CIK: 0000757010
- SEC series ID: S000006916
- Share class ID: C000018766
FLAIX Holdings
Top 10 holdings of Franklin Louisiana Tax-Free Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Louisiana Public Facilities Authority | 3.76% |
| City of New Orleans LA | 2.93% |
| State of Louisiana Gasoline & Fuels Tax Revenue | 2.78% |
| Louisiana Public Facilities Authority | 2.72% |
| Louisiana Local Government Environmental Facilities & Community Development Auth | 2.52% |
| Louisiana Public Facilities Authority | 2.46% |
| Louisiana Public Facilities Authority | 2.41% |
| Jefferson Parish Consolidated Waterworks District No. 2 | 2.41% |
| City of Shreveport LA | 2.40% |
| Louisiana Public Facilities Authority | 2.36% |
FLAIX Portfolio Allocation
Asset-class allocation of Franklin Louisiana Tax-Free Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 97.8% |
| Cash & Equivalents | 0.6% |
FLAIX Performance
Total returns for FLAIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.8% |
| 1 year | 2.5% |
| 3 years (annualised) | 3.4% |
| 5 years (annualised) | 0.2% |
FLAIX Risk Information
Risk metrics for FLAIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.9%
FLAIX Costs and Fees
FLAIX costs about $130 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.30%
- Gross expense ratio: 1.34%
- Portfolio turnover: 14%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FLAIX Cashflows
Over the 12 months to 2026-02, Franklin Louisiana Tax-Free Income Fund had net outflows of $27.84M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | −$1.85M |
| 2026-01 | $570.64K |
| 2025-12 | −$5.07M |
| 2025-11 | −$624.11K |
| 2025-10 | −$1.89M |
| 2025-09 | −$3.81M |
FLAIX Debt Constituents
Largest debt holdings of Franklin Louisiana Tax-Free Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Louisiana Public Facilities Authority | 3.76% |
| City of New Orleans LA | 2.93% |
| State of Louisiana Gasoline & Fuels Tax Revenue | 2.78% |
| Louisiana Public Facilities Authority | 2.72% |
| Louisiana Local Government Environmental Facilities & Community Development Auth | 2.52% |
| Louisiana Public Facilities Authority | 2.46% |
| Louisiana Public Facilities Authority | 2.41% |
| Jefferson Parish Consolidated Waterworks District No. 2 | 2.41% |
| City of Shreveport LA | 2.40% |
| Louisiana Public Facilities Authority | 2.36% |
FLAIX Prospectus and SEC Filings
Official Franklin Louisiana Tax-Free Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.