FALEX Mutual Fund

FALEX Mutual Fund

NAV$10.04
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Fund Essentials - as of Feb 28, 2026

Net Assets
-
Expense Ratio
1.30%
Dividend Yield (Current)
2.30%
Holdings
203
Inception Date
May 1, 1995
Fund Family
Franklin Templeton Investments (US)
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+0.22%
1 Year+5.34%
3 Year+2.31%
5 Year-0.66%
10 Year+0.83%

Asset Allocation

Bonds: 100.00%
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Top Holdings

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TickerNameWeight
-University of Alabama/the2.98%
-Huntsville Al2.90%
AL JEFUTL 5.5 10/01/County Of Jefferson Al Sewer Revenue 5.5 10-01-20532.79%
-Madison Water & WastewaterBoard 5.00% 12/01/412.73%
-Jacksonville State University2.50%
Top 10 Concentration: 23.86%Report Date: Feb 28, 2026
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Dividend Summary

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Dividend Yield (Current)
2.30%
Frequency
Monthly
Latest Distribution
$0.01
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

FALEX Mutual Fund Overview

FALEX Mutual Fund (Franklin Alabama Tax-Free Income Fund Class C) is managed by Franklin Templeton Investments (US). FALEX expense ratio is 1.30%, holding 203 positions across sectors including Utilities, Financials, Health Care. Inception date: 1995-05-01.

FALEX performance shows a YTD return of 0.22%. The 1-year return is 5.34% and the 5-year return is -0.66%. FALEX dividend yield stands at 2.30%, paid monthly.

FALEX top holdings include University of Alabama/the (3.0%), Huntsville Al (2.9%), County Of Jefferson Al Sewer Revenue 5.5 10-01-2053 (2.8%), Madison Water & WastewaterBoard 5.00% 12/01/41 (2.7%), Jacksonville State University (2.5%). Go to all FALEX holdings, FALEX sectors, or FALEX dividends.

FALEX can be compared against other funds. Use FALEX overlap to find shared positions, or FALEX vs another fund for a side-by-side view. FALEX alternatives are available via the screener, along with tax-loss harvesting opportunities.