FALEX Mutual Fund

NAV$10.14

TER1.30%

Holdings203

See how much of FALEX you already own

Just $25 once·$69/mo·Download sample

X-ray my portfolio free

FALEX Mutual Fund

NAV$10.14

Franklin Alabama Tax-Free Income Fund Class C

TER1.30%

Holdings203

See how much of FALEX you already own

Just $25 once·$69/mo·Download sample

X-ray my portfolio free

Overview Performance Chart Dividends Top Holdings All Holdings Sectors Geography Similar Compare Overlap

Showing top 50 of 100 holdings · as of Feb 28, 2026

FALEX holdings, by weight
#	Ticker	Name	Weight	Cumulative	Mkt value	Sector	Industry
1	—	The University of Alabama	2.98%	3.0%	$5.10M	-	-
2	—	Huntsville Al	2.90%	5.9%	$4.95M	-	-
3	—	Jefferson Cnty Al Swr Revenue 5.5 10-01-2053Utilities · Water Utilities	2.79%	8.7%	$4.77M	Utilities	Water Utilities
4	Debt	Madison Water & WastewaterBoard	2.73%	11.4%	$4.67M	-	-
5	—	Jacksonville State University	2.50%	13.9%	$4.28M	-	-
6	Debt	Special Care Facilities FinancingAuthority Of The City Of Pell CityAlabama	2.38%	16.3%	$4.06M	-	-
7	Debt	Health Care Authority	2.06%	18.3%	$3.52M	-	-
8	Debt	Black Belt Energy Gas DistrictUtilities · Gas Utilities	1.92%	20.3%	$3.29M	Utilities	Gas Utilities
9	—	Bessemer Ala Govt Util Services Corp Wtr Supply Rev	1.80%	22.1%	$3.08M	-	-
10	—	East Ala Health Care Auth Health Care Facs Rev	1.80%	23.9%	$3.08M	-	-
11	—	City Of Trussville	1.77%	25.6%	$3.03M	-	-
12	—	Madison City Board of Education	1.73%	27.4%	$2.95M	-	-
13	Debt	Al Floedu	1.68%	29.0%	$2.87M	-	-
14	—	Alexander City Board Of Education	1.65%	30.7%	$2.82M	-	-
15	—	Auburn Univ Ala Gen Fee Rev 5% Jun 01, 2055Financials · Diversified Financial Services	1.64%	32.3%	$2.79M	Financials	Diversified Financial Services
16	—	Mobile (City Of), Al Infirmary Health System Special Care Facilities Financing Authority, Series 2021 A, Ref. RbHealth Care · Healthcare Services	1.59%	33.9%	$2.71M	Health Care	Healthcare Services
17	—	Bessemer Al Wtr Revenue	1.52%	35.4%	$2.60M	-	-
18	—	Jacksonville Al St Univ Rev	1.50%	36.9%	$2.57M	-	-
19	—	Rb Series 2017	1.49%	38.4%	$2.55M	-	-
20	—	City Of Lincoln, Series 2020	1.40%	39.8%	$2.39M	-	-
21	—	Energy S E Al A Cooperative 07/54 1Utilities · Electric Utilities	1.29%	41.1%	$2.21M	Utilities	Electric Utilities
22	Debt	Dch Healthcare Authority	1.29%	42.4%	$2.21M	-	-
23	Debt	Black Belt Energy Gas Dist Al Bbeutl 05/55 Adjustable VarUtilities · Gas Utilities	1.27%	43.7%	$2.17M	Utilities	Gas Utilities
24	—	S E Energy Auth- Frn 1/53Utilities · Power & Renewables	1.27%	45.0%	$2.18M	Utilities	Power & Renewables
25	Debt	Homewd Al Ed	1.25%	46.2%	$2.14M	-	-
26	—	Public Fin Auth Wi Mf Hsg Reve 0.00 2045-12-01	1.24%	47.4%	$2.11M	-	-
27	—	Southeast Energy V/R 11/01/51Utilities · Power & Renewables	1.21%	48.7%	$2.06M	Utilities	Power & Renewables
28	—	Birmingham Ala Wtrwks Brd Wtr RevUtilities · Water Utilities	1.20%	49.9%	$2.05M	Utilities	Water Utilities
29	—	Columbia, Al Idb Pcrb (Alabama Power Co.) , (Series 2014-D), 0.920%, 12/1/2037	1.20%	51.1%	$2.05M	-	-
30	—	Univ Of South Alabama Al Univ Revenues	1.20%	52.3%	$2.04M	-	-
31	—	Talladega County Board Of Education	1.19%	53.4%	$2.04M	-	-
32	—	Dch Health Care Auth Ala Health Care Facs Rev	1.17%	54.6%	$2.00M	-	-
33	—	Opelika Al Utilities Brd Utility Revenue	1.17%	55.8%	$2.01M	-	-
34	—	Mobile County, Alabama, Limited Obligation Warrants, Gomesa Projects, Series 2020	1.16%	56.9%	$1.99M	-	-
35	Debt	Mobile County Board Of School CommissionersConsumer Disc. · Diversified Consumer Services	1.15%	58.1%	$1.96M	Consumer Disc.	Diversified Consumer Services
36	—	Huntsville Healthcare Authority, Alabama, Revenue Bonds, Series 2020b	1.12%	59.2%	$1.91M	-	-
37	Debt	Limestone County Water & Sewer Authority	1.10%	60.3%	$1.88M	-	-
38	—	City Of Tuscaloosa	1.08%	61.4%	$1.84M	-	-
39	—	Alabama Community College System	1.06%	62.5%	$1.81M	-	-
40	—	Birmingham Jefferson Al Civic Ctr Auth Spl Tax	0.99%	63.4%	$1.69M	-	-
41	Debt	Alabama State University	0.97%	64.4%	$1.65M	-	-
42	Debt	Alabama State University	0.94%	65.4%	$1.61M	-	-
43	—	Selma Al Indl Dev Brd Revenue Seldev 05/34 Fixed 4.2	0.94%	66.3%	$1.61M	-	-
44	Debt	Alabaster Board Of Education	0.92%	67.2%	$1.57M	-	-
45	—	Alabaster Board Of Education 09/01/2052	0.90%	68.1%	$1.54M	-	-
46	—	Capital Trust Authority 03/01/2029	0.86%	69.0%	$1.48M	-	-
47	—	Public Finance Authority % 12/01/2044	0.84%	69.8%	$1.43M	-	-
48	—	Tuscaloosa Ala Go Wts 2025 B 26/Aug/2025 08/01/2055	0.78%	70.6%	$1.34M	-	-
49	—	Black Belt Energy Gas Dist Al Bbeutl 11/56 Adjustable Var	0.77%	71.4%	$1.31M	-	-
50	Debt	Homewood Educational Building Authority	0.72%	72.1%	$1.23M	-	-
More holdings · Pro

Not reported for this fund: shares, share changes.

FundXLS Pro

See the other 50 holdings of FALEX

X-ray every fund you own at once, ETFs and mutual funds that hold stocks directly, and see how much of your money lands on the same stocks twice.

Unlock FundXLS Pro$45/quarter Pro · Cancel anytime

FALEX Mutual Fund All Holdings

FALEX holdings total 203 positions. The top 10 holdings account for 23.9% of the fund, led by University of Alabama/the at 3.0%, Huntsville Al at 2.9%, Jefferson Cnty Al Swr Revenue 5.5 10-01-2053 at 2.8%.

FALEX portfolio concentration is well-diversified, with the top 10 representing 23.9% of total assets. The largest sector exposure is Utilities at 16.4%.

FALEX sectors provide a detailed breakdown. FALEX overlap shows how holdings compare to other funds in your portfolio.