FRALX Mutual Fund

FRALX Mutual Fund

NAV$9.91
See how much of FRALX you already own
Just $25 once·$99/mo·Download sample
X-ray my portfolio free

Fund Essentials - as of Feb 28, 2026

Net Assets
$188M
Expense Ratio
0.75%
Dividend Yield (Current)
2.86%
Holdings
203
Inception Date
Sep 1, 1987
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+0.46%
1 Year+5.92%
3 Year+2.88%
5 Year-0.08%
10 Year+1.40%

Asset Allocation

Bonds: 100.00%
See how much of FRALX you already own
Your funds unpacked, overlap, fees and score, free on screen. The full report comes with FundXLS. Download sample.
X-ray my portfolio free

Top Holdings

View All →
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
Download all 203 holdings for FRALX
CSV export with sector, industry & share changes
Get CSV

Dividend Summary

View Details →
Dividend Yield (Current)
2.86%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

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

FRALX Mutual Fund Overview

FRALX Mutual Fund (Franklin Alabama Tax-Free Income Fund Class A1) is managed by Franklin Templeton Investments (US) with $188.5M in net assets. FRALX expense ratio is 0.75%, holding 203 positions across sectors including Utilities, Financials, Health Care. Inception date: 1987-09-01.

FRALX performance shows a YTD return of 0.46%. The 1-year return is 5.92% and the 5-year return is -0.08%. FRALX dividend yield stands at 2.86%, paid monthly.

FRALX 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 FRALX holdings, FRALX sectors, or FRALX dividends.

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