{
  "page": "compare",
  "query": {
    "a": "FNCZX",
    "b": "FTOIX"
  },
  "retrieved_at": "2026-07-07T18:30:17+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 North Carolina Tax-Free Income Fund",
    "ticker": "FNCZX",
    "slug": "FNCZX",
    "series_id": "S000006924",
    "html_url": "https://fundwatcher.app/funds/FNCZX/"
  },
  "fund_b": {
    "name": "Franklin Ohio Tax-Free Income Fund",
    "ticker": "FTOIX",
    "slug": "FTOIX",
    "series_id": "S000006925",
    "html_url": "https://fundwatcher.app/funds/FTOIX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.05646745785050025246013688126",
    "coverage_b_by_a": "0.05646745785050025246013688127",
    "shared_count": 18,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "North Carolina (State of) Medical Care Commission (Novant Health Obligated Group), Series 2013, Ref. RB",
        "value": "20011734.00",
        "weight": "0.03483037",
        "shared": false
      },
      {
        "name": "NEW HANOVER-REF",
        "value": "14164750.70",
        "weight": "0.02465371",
        "shared": false
      },
      {
        "name": "Charlotte-Mecklenburg Hospital Authority (The), Series 2016 A",
        "value": "14018391.80",
        "weight": "0.02439897",
        "shared": false
      },
      {
        "name": "NORTH CAROLINA ST CAPITAL FACS FIN AGY EDUCTNL FACS REVENUE",
        "value": "13705762.95",
        "weight": "0.02385484",
        "shared": false
      },
      {
        "name": "North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Senior Lien Series 2024A",
        "value": "12259310.11",
        "weight": "0.02133730",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "11483883.45",
        "weight": "0.01998767",
        "shared": false
      },
      {
        "name": "North Carolina Medical Care Commission, Series 2024",
        "value": "10950767.30",
        "weight": "0.01905978",
        "shared": false
      },
      {
        "name": "City of Winston-Salem, Series 2017",
        "value": "10000008.00",
        "weight": "0.01740499",
        "shared": false
      },
      {
        "name": "City of Charlotte, Series 2021 A",
        "value": "9234624.32",
        "weight": "0.01607284",
        "shared": false
      },
      {
        "name": "City of Charlotte, Series 2019 A",
        "value": "8605824.15",
        "weight": "0.01497841",
        "shared": false
      },
      {
        "name": "UNIV OF NORTH CAROLINA AT CHAPEL HILL NC HOSP REVENUE",
        "value": "7829596.63",
        "weight": "0.01362739",
        "shared": false
      },
      {
        "name": "GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE",
        "value": "7723915.50",
        "weight": "0.01344345",
        "shared": false
      },
      {
        "name": "NORTH CAROLINA ST CAPITAL FACS FIN AGY REVENUE",
        "value": "7063177.10",
        "weight": "0.01229344",
        "shared": false
      },
      {
        "name": "North Carolina (State of) Medical Care Commission (Duke University Health system), Series 2016, Ref. RB",
        "value": "7004954.60",
        "weight": "0.01219210",
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      },
      {
        "name": "City of Charlotte, Series 2023A",
        "value": "6410667.62",
        "weight": "0.01115775",
        "shared": false
      },
      {
        "name": "County of Wake, Series 2021",
        "value": "6013315.80",
        "weight": "0.01046616",
        "shared": false
      },
      {
        "name": "NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE",
        "value": "6011373.94",
        "weight": "0.01046278",
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      },
      {
        "name": "County of Johnston, Series 2025",
        "value": "5852500.50",
        "weight": "0.01018626",
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      },
      {
        "name": "UNC HEALTH NASH UNC HEALTH NASH 5.25% 2/1/2055",
        "value": "5670215.10",
        "weight": "0.00986899",
        "shared": false
      },
      {
        "name": "North Carolina Housing Finance Agency, Series 41",
        "value": "5653926.36",
        "weight": "0.00984064",
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      },
      {
        "name": "CHARLOTTE-MECKLENBURG NC HOSPAUTH HLTH CARE SYS REVENUE",
        "value": "5600000.00",
        "weight": "0.00974678",
        "shared": false
      },
      {
        "name": "WAKE CNTY NC LIMITED OBLIG",
        "value": "5551549.10",
        "weight": "0.00966246",
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      },
      {
        "name": "County of Wake, Series 2019 A",
        "value": "5427860.00",
        "weight": "0.00944718",
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      },
      {
        "name": "City of Charlotte, Series 2019 B",
        "value": "5381993.09",
        "weight": "0.00936734",
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      },
      {
        "name": "Public Finance Authority, Series 2024 A-2",
        "value": "5352985.78",
        "weight": "0.00931686",
        "shared": true
      },
      {
        "name": "UNIV OF NORTH CAROLINA NC AT CHAPEL HILL  REVENUE",
        "value": "5351781.50",
        "weight": "0.00931476",
        "shared": false
      },
      {
        "name": "CHARLOTTE-MECKLENBURG NC HOSP AUTH HLTH CARE SYS REVENUE",
        "value": "5332864.00",
        "weight": "0.00928183",
        "shared": false
      },
      {
        "name": "New Hanover County, North Carolina, Hospital Revenue Bonds, New Hanover Regional Medical Center, Series 2017",
        "value": "5221065.50",
        "weight": "0.00908725",
        "shared": false
      },
      {
        "name": "GUILFORD CO",
        "value": "5141511.00",
        "weight": "0.00894879",
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      },
      {
        "name": "County of Guilford, Series 2025",
        "value": "5092009.50",
        "weight": "0.00886263",
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      },
      {
        "name": "UNIV OF NORTH CAROLINA NC AT CHARLOTTE",
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        "weight": "0.00886046",
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      },
      {
        "name": "County of Mecklenburg, Series 2025 B",
        "value": "5079784.00",
        "weight": "0.00884135",
        "shared": false
      },
      {
        "name": "PRESBYTERIAN HOMES OBLIGATED GROUP 5.0% 10-01-31",
        "value": "5052905.50",
        "weight": "0.00879457",
        "shared": false
      },
      {
        "name": "Town of Cary, Series 2017 B",
        "value": "5046865.50",
        "weight": "0.00878406",
        "shared": false
      },
      {
        "name": "PINES AT DAVIDSON INC OBLIGATED GROUP 5.0% 01-01-49",
        "value": "5017671.00",
        "weight": "0.00873324",
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      },
      {
        "name": "County of Guilford, Series 2025",
        "value": "4817931.11",
        "weight": "0.00838560",
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      {
        "name": "Public Finance Authority, Series 2025 A-2",
        "value": "4800210.09",
        "weight": "0.00835475",
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      },
      {
        "name": "WSTRN CAROLINA NC UNIV",
        "value": "4785635.50",
        "weight": "0.00832939",
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      },
      {
        "name": "MET TRANSPRTN AUTH NY REVENUE",
        "value": "4785378.88",
        "weight": "0.00832894",
        "shared": true
      },
      {
        "name": "UNIV OF NORTH CAROLINA NC AT C UNCHGR 12/55 FIXED 5",
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      },
      {
        "name": "City of Charlotte, Series 2023A",
        "value": "4743383.40",
        "weight": "0.00825585",
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      },
      {
        "name": "Capital Trust Authority, Series 2024",
        "value": "4540020.28",
        "weight": "0.00790189",
        "shared": true
      },
      {
        "name": "City of Greensboro, Series 2020 A",
        "value": "4537060.65",
        "weight": "0.00789674",
        "shared": false
      },
      {
        "name": "North Carolina Turnpike Authority, Series 2016 A",
        "value": "4516698.25",
        "weight": "0.00786130",
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      },
      {
        "name": "North Carolina Turnpike Authority, Series 2019",
        "value": "4473250.00",
        "weight": "0.00778568",
        "shared": false
      },
      {
        "name": "Capital Trust Agency, Inc., Series 2021 A-1",
        "value": "4310455.50",
        "weight": "0.00750234",
        "shared": true
      },
      {
        "name": "County of Iredell, Series 2025",
        "value": "4246889.21",
        "weight": "0.00739170",
        "shared": false
      },
      {
        "name": "City of Charlotte, Series 2018",
        "value": "4236214.18",
        "weight": "0.00737312",
        "shared": false
      },
      {
        "name": "NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE",
        "value": "4186416.44",
        "weight": "0.00728645",
        "shared": false
      },
      {
        "name": "NORTH CAROLINA ST MED CARE COM REGD B/E 5.25000000",
        "value": "4106347.60",
        "weight": "0.00714709",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "MIAMI VY CAREER TECH",
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        "shared": false
      },
      {
        "name": "Ohio Housing Finance Agency, Series 2023 A",
        "value": "17956000.10",
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      {
        "name": "OH TPK COMMN-A",
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      },
      {
        "name": "Hudson City School District, Series 2018",
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        "shared": false
      },
      {
        "name": "Cincinnati City School District, Series 2006",
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      {
        "name": "Public Finance Authority, Series 2024 A-2",
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        "weight": "0.01620348",
        "shared": true
      },
      {
        "name": "Ohio Turnpike & Infrastructure Commission, Series 2018 A",
        "value": "14003552.75",
        "weight": "0.01552305",
        "shared": false
      },
      {
        "name": "Fremont City School District, Series 2017 A",
        "value": "13976245.99",
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        "shared": false
      },
      {
        "name": "UPPER ARLINGTON SD-A",
        "value": "13659479.60",
        "weight": "0.01514164",
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      },
      {
        "name": "Ohio Housing Finance Agency, Series 2023 A",
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      },
      {
        "name": "Franklin (County of), OH (Trinity Health Credit Group), Series 2017 A, RB",
        "value": "11979152.32",
        "weight": "0.01327898",
        "shared": false
      },
      {
        "name": "Ohio Higher Educational Facility Commission, Series 2018 A",
        "value": "11812014.22",
        "weight": "0.01309371",
        "shared": false
      },
      {
        "name": "Ohio Water Development Authority, Series 2025 A",
        "value": "11268620.00",
        "weight": "0.01249135",
        "shared": false
      },
      {
        "name": "Madeira City School District",
        "value": "10851951.84",
        "weight": "0.01202947",
        "shared": false
      },
      {
        "name": "Ohio Water Development Authority Water Pollution Control Loan Fund",
        "value": "10508692.00",
        "weight": "0.01164897",
        "shared": false
      },
      {
        "name": "Dublin City School District, Series 2019 A",
        "value": "10037812.00",
        "weight": "0.01112699",
        "shared": false
      },
      {
        "name": "OHIO ST UNIV GEN RCPTS 4%, DUE 12/01/2048",
        "value": "9726191.56",
        "weight": "0.01078156",
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      },
      {
        "name": "OHIO ST HSG FIN AGY RSDL MTGE REVENUE",
        "value": "9684914.22",
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      },
      {
        "name": "University of Cincinnati, Series 2018 A",
        "value": "9552192.00",
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      },
      {
        "name": "Cleveland-Cuyahoga County Port Authority, Series A",
        "value": "9359273.70",
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      {
        "name": "Marysville (City of), OH, Series 2016, Ref. RB",
        "value": "9129771.94",
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      },
      {
        "name": "Capital Trust Authority, Series 2024",
        "value": "9080040.56",
        "weight": "0.01006529",
        "shared": true
      },
      {
        "name": "Brooklyn City School District, Series 2017",
        "value": "9057651.30",
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      },
      {
        "name": "Cincinnati City School District, Series 2006",
        "value": "8844845.86",
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      {
        "name": "Capital Trust Agency, Inc., Series 2021 A-1",
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        "weight": "0.00933582",
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      },
      {
        "name": "OHIO WTR DEV AUTH-D",
        "value": "8399248.63",
        "weight": "0.00931063",
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      },
      {
        "name": "Hilliard School District, Series 2017",
        "value": "8316716.20",
        "weight": "0.00921914",
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      {
        "name": "Columbus (City of), OH, Series 2018 A, GO Bonds",
        "value": "7474201.70",
        "weight": "0.00828521",
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      },
      {
        "name": "OH OHSHSG 4.7 09/01/2054",
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      {
        "name": "Beachwood City School District, Series 2023",
        "value": "7191848.17",
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      },
      {
        "name": "OHIO UNIV GEN RECPTS ATHENS",
        "value": "7106913.10",
        "weight": "0.00787807",
        "shared": false
      },
      {
        "name": "Ohio Water Development Authority, Water Pollution Control Loan Fund, Series 2020A",
        "value": "7048026.02",
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      },
      {
        "name": "Winton Woods City School District, Series 2017",
        "value": "7012618.90",
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      },
      {
        "name": "Toledo City School District, Series 2025",
        "value": "6940846.42",
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      },
      {
        "name": "State of Ohio, Series 2019 A",
        "value": "6934288.40",
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      {
        "name": "TOLEDO SD",
        "value": "6778595.25",
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      {
        "name": "OHIO ST HGR EDUCTNL FAC COMMISSION",
        "value": "6772981.73",
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      },
      {
        "name": "UNIV OF CINCINNATI OH RECPTS",
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      },
      {
        "name": "Apollo Joint Vocational School District, Series 2017",
        "value": "6598304.45",
        "weight": "0.00731427",
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      },
      {
        "name": "Ohio Water Development Authority, Series 2023 B",
        "value": "6547558.49",
        "weight": "0.00725802",
        "shared": false
      },
      {
        "name": "Franklin County, Ohio, Sales Tax Revenue Bonds, Various Purpose Series 2018",
        "value": "6254101.20",
        "weight": "0.00693272",
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      },
      {
        "name": "OH ST HGR EDU FAC",
        "value": "6062749.20",
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      },
      {
        "name": "Ohio Higher Educational Facility Commission, Series 2022",
        "value": "6005430.64",
        "weight": "0.00665707",
        "shared": false
      },
      {
        "name": "Sycamore Community City School District, Series 2020",
        "value": "6003408.60",
        "weight": "0.00665482",
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      },
      {
        "name": "CLEVELAND OH PUBLIC PWR SYS REVENUE",
        "value": "5890476.00",
        "weight": "0.00652964",
        "shared": false
      },
      {
        "name": "University of Akron (The), Series 2018 A",
        "value": "5888287.88",
        "weight": "0.00652721",
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      },
      {
        "name": "OH WTR POL 5% 12/1/2046",
        "value": "5822031.60",
        "weight": "0.00645377",
        "shared": false
      },
      {
        "name": "Northeastern Local School District, Series 2018",
        "value": "5600714.72",
        "weight": "0.00620844",
        "shared": false
      },
      {
        "name": "Dayton City School District, Series 2014",
        "value": "5598826.50",
        "weight": "0.00620634",
        "shared": false
      },
      {
        "name": "OH TPK COMMN-CABS-A2",
        "value": "5539095.49",
        "weight": "0.00614013",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002071691-26-008643",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/757010/000207169126008643/0002071691-26-008643-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002071691-26-008637",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/757010/000207169126008637/0002071691-26-008637-index.htm"
    }
  ]
}