Unlock stock picks and a broker-level newsfeed that powers Wall Street.

Nasdaq - Delayed Quote USD

Franklin Alabama Tax Free Income A (FALQX)

9.89
+0.04
+(0.41%)
At close: 8:00:38 PM EDT

Fund Summary

The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. In addition, under normal market conditions, it invests at least 80% of its total assets in securities that pay interest free from the personal income taxes, if any, of Alabama. The fund also may invest up to 35% of its total assets in municipal securities issued by U.S. territories.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 6.27%
Worst 1Y Total Return --
Number of Years Up 5
Number of Years Down 1

Performance & Risk

YTD Return -2.19%
5y Average Return 0.09%
Rank in Category (ytd) 58
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.18
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
FALQXCategory AverageFALQXCategory AverageFALQXCategory Average
Alpha -0.39 -0.01 -0.6 -0 -0.78 -0.01
BETA 1.18 0.01 1.13 0.01 1.03 0.01
Mean Annual Return 0.07 0 0.04 0 0.12 0
R-squared 98.04 0.96 96.9 0.95 93.39 0.92
Standard Deviation 8.76 0.04 7.3 0.04 5.46 0.04
Sharpe Ratio -0.42 0.01 -0.31 0 -0.09 0.01
Treynor Ratio -3.46 0.03 -2.28 0.02 -0.63 0.03

Related Tickers