{
  "page": "compare",
  "query": {
    "a": "FPFZX",
    "b": "FTTMX"
  },
  "retrieved_at": "2026-07-07T18:27:25+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 Pennsylvania Tax-Free Income Fund",
    "ticker": "FPFZX",
    "slug": "FPFZX",
    "series_id": "S000006927",
    "html_url": "https://fundwatcher.app/funds/FPFZX/"
  },
  "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": "0.04091022358631510885302813600",
    "coverage_b_by_a": "0.04091022358631510885302813600",
    "shared_count": 13,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "Pennsylvania Higher Educational Facilities Authority, Series 2025 A",
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        "weight": "0.02327876",
        "shared": false
      },
      {
        "name": "GEISINGER PA AUTH HLTH SYS REV REGD B/E 5.00000000",
        "value": "13385551.90",
        "weight": "0.02031114",
        "shared": false
      },
      {
        "name": "Lehigh County General Purpose Authority, Series 2022",
        "value": "13299648.12",
        "weight": "0.02018079",
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      },
      {
        "name": "Pennsylvania Turnpike Commission, Series 2025, RB",
        "value": "11896759.11",
        "weight": "0.01805206",
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      },
      {
        "name": "PHILIDELPHIA AUTH-B-1",
        "value": "11000000.00",
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      },
      {
        "name": "PHILA PA MHSG 5.5% 12/1/2058",
        "value": "10220118.00",
        "weight": "0.01550794",
        "shared": false
      },
      {
        "name": "PHIL PA AIRPORT 5% 7/1/2047 @",
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        "weight": "0.01526878",
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      },
      {
        "name": "Montgomery County Industrial Development Authority, Series 2025 A",
        "value": "9636560.61",
        "weight": "0.01462245",
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      },
      {
        "name": "Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2020-132A",
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      {
        "name": "Pennsylvania Turnpike Commission, Series 2021B",
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      },
      {
        "name": "PA ALTDEV 5 05/01/2042",
        "value": "9345950.10",
        "weight": "0.01418148",
        "shared": false
      },
      {
        "name": "PHILADELPHIA PA GAS WKS REVENUE",
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        "weight": "0.01382506",
        "shared": false
      },
      {
        "name": "Allegheny County Airport Authority, Series 2021 A",
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        "weight": "0.01346012",
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      },
      {
        "name": "Pennsylvania Higher Educational Facilities Authority, Series 2021 A",
        "value": "8870545.50",
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      {
        "name": "PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE",
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      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD OID B/E AMT 5.25000000",
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      },
      {
        "name": "Bucks (County of), PA Industrial Development Authority (St. Luke's University Health Network), Series 2021, RB",
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        "name": "Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University), Series 2018, Ref. RB",
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      {
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      {
        "name": "ST PUB SCH BLDG-A-REF",
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      {
        "name": "PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE",
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      {
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      {
        "name": "UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM OBLIGATED GROUP 4.0% 08-15-49",
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      },
      {
        "name": "PENNSYLVANIA ST HSG FIN AGY SF REGD B/E 4.90000000",
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      },
      {
        "name": "ERIE WTR AUTH WTR",
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      {
        "name": "Allegheny County Higher Education Building Authority, Series 2021 A",
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      {
        "name": "Delaware County Authority, Series 2017 A",
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      {
        "name": "Capital Trust Authority, Series 2024",
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      {
        "name": "Westmoreland County Municipal Authority, Series 2025 A",
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        "name": "PHIL PA WTR 5.50% 6/1/2047",
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      {
        "name": "PENNSYLVANIA ST UNIV",
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      {
        "name": "Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2025A",
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      {
        "name": "PHIL PA WTR 5.25% 9/1/2054",
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      {
        "name": "Northampton County General Purpose Authority, Series 2024A-1",
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      {
        "name": "ALLEG PA ARPT 5.50% 1/1/2053 @",
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      {
        "name": "Capital Trust Agency, Inc., Series 2021 A-1",
        "value": "5238861.30",
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      },
      {
        "name": "Southeastern Pennsylvania Transportation Authority, Series 2022",
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        "weight": "0.00793848",
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      {
        "name": "County of Allegheny, Series C-77",
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      {
        "name": "PA CUMGEN 5.5 06/01/2051",
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      },
      {
        "name": "PHIL PA AIRPORT 5% 7/1/2051 @",
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        "weight": "0.00768906",
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      },
      {
        "name": "MONTGOMERY HGR EDU-B",
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      {
        "name": "Erie County Industrial Development Authority, Series 2024 A",
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      {
        "name": "PENNSYLVANIA ST HSG FIN AGY SF REGD B/E 3.40000000",
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        "weight": "0.00757181",
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      },
      {
        "name": "City of Philadelphia, Series 2020 C",
        "value": "4989264.20",
        "weight": "0.00757067",
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      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE",
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      {
        "name": "Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2024C",
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      {
        "name": "Lancaster Higher Education Authority, Series 2022 A",
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      {
        "name": "ALLEG PA ARPT 5% 1/1/2032 @",
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      {
        "name": "Lancaster Higher Education Authority, Series A",
        "value": "4626285.50",
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    ],
    "b_top": [
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
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        "weight": "0.01943050",
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      },
      {
        "name": "MICHIGAN ST BLDG AUTH REVENUE REGD B/E 5.00000000",
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      },
      {
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      {
        "name": "Trenton Public Schools School District, Series 2018",
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      {
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      {
        "name": "LANSING MI",
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      {
        "name": "MI MISMED 5 11/15/2047",
        "value": "10193420.00",
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      {
        "name": "Public Finance Authority, Series 2025 A-2",
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      {
        "name": "MICHIGAN ST BLDG AUTH REVENUE",
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      {
        "name": "LANSING MI WTR 5% 7/1/2054",
        "value": "9853487.40",
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      {
        "name": "WAYNE ST UNIV-A-GEN",
        "value": "9343727.00",
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      },
      {
        "name": "MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 3.1%, DUE 12/1/2044",
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        "weight": "0.01416820",
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      },
      {
        "name": "Michigan Finance Authority, Series 2018 B",
        "value": "8492720.78",
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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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      {
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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": "Ludington Area School District, Series 2022 II",
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      {
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        "weight": "0.01114633",
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      },
      {
        "name": "Belding Area Schools, Series 2022",
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      {
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        "weight": "0.01080921",
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      },
      {
        "name": "MI STRAT FND 5% 6/30/2048 @",
        "value": "7005680.50",
        "weight": "0.01075082",
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      },
      {
        "name": "Byron Center Public Schools, Series 2017 I",
        "value": "6797011.28",
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      },
      {
        "name": "Plainwell Community Schools, Series 2022 II",
        "value": "6607041.00",
        "weight": "0.01013907",
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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",
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        "shared": false
      },
      {
        "name": "MICHIGAN ST HOSP FIN",
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      },
      {
        "name": "GREAT LAKES WTR 5.50% 7/1/2052",
        "value": "5309163.00",
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      },
      {
        "name": "MI ST UNIV BRD-A-REF",
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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",
        "value": "5074179.00",
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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",
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      },
      {
        "name": "Capital Trust Agency, Inc., Series 2021 A-1",
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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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      },
      {
        "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",
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      },
      {
        "name": "Michigan Finance Authority, Series 2024 B",
        "value": "3962801.91",
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        "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",
        "weight": "0.00588241",
        "shared": false
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002071691-26-008648",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/757010/000207169126008648/0002071691-26-008648-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"
    }
  ]
}