Morningstar

Franklin Georgia Tax Free Income A FGAQX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.83  /  +0.01 %
  • Total Assets 308.2 Mil
  • Adj. Expense Ratio
    0.890%
  • Expense Ratio 0.890%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.71%
  • Effective Duration 6.51 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0

Morningstar’s Analysis FGAQX

Will FGAQX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FGAQX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FGAQX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FGAQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A decline in People Pillar rating is the primary driver of Franklin Georgia Tax Free Income A's downgrade to a Morningstar Medalist Rating of Negative from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FGAQX

More FGAQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SAVANNAH GA HOSP AUTH REV

3.19 9.8 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV

2.59 8.0 Mil
municipal

ATLANTA GA DEV AUTH REV

2.56 7.9 Mil
municipal

ATLANTA GA ARPT REV

2.44 7.5 Mil
municipal

GAINESVILLE & HALL CNTY GA HOSP AUTH REV ANTIC CTFS

2.32 7.2 Mil
municipal

FULTON CNTY GA RESIDENTIAL CARE FACS ELDERLY AUTH RETIREMENT FAC REV

1.97 6.1 Mil
municipal

FULTON CNTY GA DEV AUTH REV

1.93 6.0 Mil
municipal

BURKE CNTY GA DEV AUTH POLLUTN CTL REV

1.86 5.8 Mil
municipal

COBB CNTY GA DEV AUTH LEASE REV

1.77 5.5 Mil
municipal

MAIN STR NAT GAS INC GA GAS PROJ REV

1.76 5.4 Mil
municipal

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