{
  "page": "compare",
  "query": {
    "a": "FALEX",
    "b": "FTTMX"
  },
  "retrieved_at": "2026-07-07T18:25:31+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Franklin Alabama Tax-Free Income Fund",
    "ticker": "FALEX",
    "slug": "FALEX",
    "series_id": "S000006911",
    "html_url": "https://fundwatcher.app/funds/FALEX/"
  },
  "fund_b": {
    "name": "Franklin Michigan Tax-Free Income Fund",
    "ticker": "FTTMX",
    "slug": "FTTMX",
    "series_id": "S000006919",
    "html_url": "https://fundwatcher.app/funds/FTTMX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.05762034464828922441413920346",
    "coverage_b_by_a": "0.05762034464828922441413920346",
    "shared_count": 15,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "University of Alabama (The), Series 2018 B-2",
        "value": "5101256.50",
        "weight": "0.03090677",
        "shared": false
      },
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        "name": "City of Huntsville, Series 2018 B",
        "value": "4948206.44",
        "weight": "0.02997950",
        "shared": false
      },
      {
        "name": "Jefferson (County of), AL, Series 2024, Ref. Revenue Wts.",
        "value": "4774437.90",
        "weight": "0.02892669",
        "shared": false
      },
      {
        "name": "Madison Water & Wastewater Board, Series 2017",
        "value": "4672832.46",
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      },
      {
        "name": "Jacksonville State University, Series 2020",
        "value": "4278028.50",
        "weight": "0.02591912",
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      },
      {
        "name": "Special Care Facilities Financing Authority of the City of Pell City Alabama, Series 2021 A",
        "value": "4064526.40",
        "weight": "0.02462558",
        "shared": false
      },
      {
        "name": "HUNTSVILLE HLTH-B",
        "value": "3522453.90",
        "weight": "0.02134135",
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      },
      {
        "name": "Black Belt Energy Gas District (The), Series 2023 B, RB",
        "value": "3286317.30",
        "weight": "0.01991068",
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      },
      {
        "name": "Bessemer Governmental Utility Services Corp., Series 2017",
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      },
      {
        "name": "East Alabama Health Care Authority (The), Series 2018 A",
        "value": "3078876.90",
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      },
      {
        "name": "City of Trussville, Series 2018 A",
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      },
      {
        "name": "Madison City Board of Education, Series 2019",
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      },
      {
        "name": "Florence City Board of Education, Series 2022",
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      {
        "name": "Alexander City Board of Education, Series 2022",
        "value": "2820158.70",
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      },
      {
        "name": "Auburn University, Series 2025, RB",
        "value": "2794956.80",
        "weight": "0.01693369",
        "shared": false
      },
      {
        "name": "Mobile (City of), AL Infirmary Health System Special Care Facilities Financing Authority, Series 2021 A, Ref. RB",
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      },
      {
        "name": "City of Bessemer, Series 2017",
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      },
      {
        "name": "Jacksonville State University, Series 2017",
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      },
      {
        "name": "University of Montevallo, Series 2017",
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      },
      {
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      },
      {
        "name": "S E ENERGY-B-REV",
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      {
        "name": "DCH HLTH CARE -A-REV",
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      },
      {
        "name": "SOUTHEAST ENERGY AUTH VAR",
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      },
      {
        "name": "BLACK BELT ENRY GAS-A",
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      },
      {
        "name": "Homewood Educational Building Authority, Series 2019 A",
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      {
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      },
      {
        "name": "SOUTHEAST ENERGY AUTH VAR",
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      },
      {
        "name": "Columbia Industrial Development Board, Series 2014 D",
        "value": "2048192.40",
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      {
        "name": "Water Works Board of the City of Birmingham (The), Series 2016B",
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      {
        "name": "UNIV SOUTH AL 5% 4/1/2049",
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      {
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      {
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      {
        "name": "Mobile County Board of School Commissioners, Series 2022, RB",
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      {
        "name": "HUNTSVILLE HLTH CARE",
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      },
      {
        "name": "LIMESTONE CO WTR SWR",
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      {
        "name": "City of Tuscaloosa, Series 2020 A",
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      {
        "name": "Alabama Community College System, Series 2019",
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        "name": "Selma Industrial Development Board, Series 2020A",
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        "name": "Capital Trust Authority, Series 2024",
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        "name": "Public Finance Authority, Series 2024 A-2",
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      {
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      {
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    ],
    "b_top": [
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
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      },
      {
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      {
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      {
        "name": "Trenton Public Schools School District, Series 2018",
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      {
        "name": "MICHIGAN ST FIN AUTH REVENUE",
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      {
        "name": "LANSING MI",
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      {
        "name": "MI MISMED 5 11/15/2047",
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      {
        "name": "MICHIGAN ST BLDG AUTH REVENUE",
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      {
        "name": "LANSING MI WTR 5% 7/1/2054",
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      {
        "name": "WAYNE ST UNIV-A-GEN",
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      },
      {
        "name": "MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 3.1%, DUE 12/1/2044",
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      },
      {
        "name": "Michigan Finance Authority, Series 2018 B",
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      {
        "name": "MET TRANSPRTN AUTH NY REVENUE",
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      {
        "name": "KENTWOOD MI ECON DEV CORP REGD B/E 4.00000000",
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      {
        "name": "Public Finance Authority, Series 2024 A-2",
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      {
        "name": "Wayne County Airport Authority, Series 2018 A",
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      {
        "name": "SOUTHFIELD PUB SCH",
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      {
        "name": "Farmington Public School District, Series 2018",
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      {
        "name": "MUNSON HEALTHCARE OBLIGATED GROUP 3.0% 07-01-51",
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        "weight": "0.01114633",
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      },
      {
        "name": "Belding Area Schools, Series 2022",
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      {
        "name": "MI FIN AU 5% 11/15/41",
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      {
        "name": "DETROIT MI CITY SCH DIST REGD N/C B/E AG Q-SB 6.00000000",
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      },
      {
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      {
        "name": "Byron Center Public Schools, Series 2017 I",
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      },
      {
        "name": "Plainwell Community Schools, Series 2022 II",
        "value": "6607041.00",
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      {
        "name": "Michigan Finance Authority, Series 2018 B",
        "value": "6317201.40",
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      },
      {
        "name": "Sparta Area Schools, Series 2019 II",
        "value": "5856537.73",
        "weight": "0.00898736",
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      },
      {
        "name": "UNIV OF MICHIGAN",
        "value": "5806061.13",
        "weight": "0.00890990",
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      },
      {
        "name": "Woodhaven-Brownstown School District, Series 2025 III",
        "value": "5738493.20",
        "weight": "0.00880621",
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      },
      {
        "name": "Comstock Park Public Schools, Series 2025 II",
        "value": "5631837.26",
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      },
      {
        "name": "Allegan Public School District, Series 2025 III",
        "value": "5578236.24",
        "weight": "0.00856028",
        "shared": false
      },
      {
        "name": "MICHIGAN ST HOSP FIN",
        "value": "5578177.18",
        "weight": "0.00856019",
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      },
      {
        "name": "GREAT LAKES WTR 5.50% 7/1/2052",
        "value": "5309163.00",
        "weight": "0.00814737",
        "shared": false
      },
      {
        "name": "MI ST UNIV BRD-A-REF",
        "value": "5266148.00",
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      },
      {
        "name": "University of Michigan, Series 2017 A, Ref. RB",
        "value": "5151784.50",
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      },
      {
        "name": "Trenton Public Schools School District, Series 2018, GO Bonds",
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      },
      {
        "name": "MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE",
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        "weight": "0.00778676",
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      },
      {
        "name": "Capital Trust Authority, Series 2024",
        "value": "5071116.99",
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      },
      {
        "name": "MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE",
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      {
        "name": "OAKLAND UNIV MI REVENUE REGD B/E 5.00000000",
        "value": "5001444.00",
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      },
      {
        "name": "Capital Trust Agency, Inc., Series 2021 A-1",
        "value": "4840973.10",
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      },
      {
        "name": "WAYNE ST UNIV-A-GEN",
        "value": "4668655.05",
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      },
      {
        "name": "Kent Hospital Finance Authority, Series 2021 A",
        "value": "4391074.28",
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        "shared": false
      },
      {
        "name": "Gull Lake Community School District, Series 2018 I",
        "value": "4089720.80",
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      },
      {
        "name": "MACOMB MI INTERCEPT-A",
        "value": "4073315.60",
        "weight": "0.00625085",
        "shared": false
      },
      {
        "name": "Michigan Finance Authority, Series 2024 B",
        "value": "3962801.91",
        "weight": "0.00608126",
        "shared": false
      },
      {
        "name": "STATE OF MICHIGAN 4.0% 10-15-52",
        "value": "3940215.38",
        "weight": "0.00604660",
        "shared": false
      },
      {
        "name": "Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport), Series 2021 A, RB",
        "value": "3833222.52",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002071691-26-008606",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/757010/000207169126008606/0002071691-26-008606-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002071691-26-008604",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/757010/000207169126008604/0002071691-26-008604-index.htm"
    }
  ]
}