{
  "page": "compare",
  "query": {
    "a": "FQLAX",
    "b": "FMDTX"
  },
  "retrieved_at": "2026-07-07T13:43:14+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 Louisiana Tax-Free Income Fund",
    "ticker": "FQLAX",
    "slug": "FQLAX",
    "series_id": "S000006916",
    "html_url": "https://fundwatcher.app/funds/FQLAX/"
  },
  "fund_b": {
    "name": "Franklin Maryland Tax-Free Income Fund",
    "ticker": "FMDTX",
    "slug": "FMDTX",
    "series_id": "S000006917",
    "html_url": "https://fundwatcher.app/funds/FMDTX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04759204741104837709607180535",
    "coverage_b_by_a": "0.04759204741104837709607180535",
    "shared_count": 13,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "Louisiana (State of) Public Facilities Authority (Louisiana Children's Medical Center), Series 2015, RB",
        "value": "7947945.72",
        "weight": "0.03712403",
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      },
      {
        "name": "City of New Orleans, Series 2021 A",
        "value": "6412939.80",
        "weight": "0.02995418",
        "shared": false
      },
      {
        "name": "State of Louisiana, Series 2024 A",
        "value": "6012421.80",
        "weight": "0.02808340",
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      },
      {
        "name": "OCHSNER CLINIC FOUNDATION OBLIGATED GROUP 5.0% 05-15-42",
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        "weight": "0.02693336",
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      },
      {
        "name": "Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Woman's Hospital Foundation), Series 2017 A, Ref. RB",
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      },
      {
        "name": "Louisiana (State of) Public Facilities Authority (I-10 Calcasieu River Bridge), Series 2024, RB",
        "value": "5207674.50",
        "weight": "0.02432451",
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      },
      {
        "name": "Jefferson Parish Consolidated Waterworks District No. 2, Series 2022",
        "value": "5134154.50",
        "weight": "0.02398110",
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      {
        "name": "SHREVEPORT LA REGD B/E AG 5.00000000",
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      },
      {
        "name": "Louisiana Public Facilities Authority, Series 2019 A",
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      },
      {
        "name": "New Orleans Aviation Board, Series A",
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      {
        "name": "Louisiana Public Facilities Authority, Series 2015 A",
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      {
        "name": "Louisiana State University & Agricultural & Mechanical College, Series 2016 A",
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        "name": "Louisiana Local Government Environmental Facilities & Community Development Authority, Series 2024 A-2",
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        "name": "Louisiana Public Facilities Authority, Series 2020 A",
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      {
        "name": "SHREVEPORT WTR & SWR",
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      {
        "name": "Shreveport, Louisiana, Water and Sewer Revenue Bonds, Refunding Series 2020B",
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        "name": "St. John the Baptist, Series 2023",
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      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000",
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      },
      {
        "name": "Louisiana Public Facilities Authority, Series 2021",
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      {
        "name": "Louisiana Public Facilities Authority, Series 2025, RB",
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      {
        "name": "PORT NEW ORLEANS LA BRD OF COMMISSIONERS PORT FAC REVENUE",
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      },
      {
        "name": "Louisiana Public Facilities Authority, Series 2016 A",
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        "name": "St. Tammany Parish Hospital Service District No. 1, Series 2018 A",
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      {
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      {
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        "name": "West Feliciana Parish Parishwide Consolidated School District No. 1, Series 2020",
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      {
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        "name": "LOUISIANA ST LOCAL GOVT ENVRNM REGD B/E 2.50000000",
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      {
        "name": "N ORLEANS AVIAT 5.25% 1/1/2045 @",
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        "name": "City of Lafayette, Series 2019 A",
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      {
        "name": "SOUTH QUAD L3C AG 5.25% 07-01-55",
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      {
        "name": "TANGIPAHOA PSH-REF",
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      {
        "name": "LOUISIANA ST PUBLIC FACS AUTH LEASE REVENUE",
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        "weight": "0.01080011",
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      {
        "name": "LAFAYETTE SCH 4% 4/1/53",
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      {
        "name": "Jefferson Sales Tax District, Series 2017 B",
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      {
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      {
        "name": "Port New Orleans Board of Commissioners, Series 2020 D",
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      {
        "name": "TANGIPAHOA PSH-REF",
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      {
        "name": "Louisiana (State of) Public Facilities Authority (Ochsner Clinic Foundation), Series 2017, Ref. RB",
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      {
        "name": "Louisiana Public Facilities Authority, Series 2021",
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        "name": "Capital Trust Authority, Series 2024",
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        "weight": "0.00920259",
        "shared": true
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      {
        "name": "LOUISIANA STADIUM & EXPOSITION REGD B/E 5.25000000",
        "value": "1830385.73",
        "weight": "0.00854954",
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      },
      {
        "name": "State of Louisiana, Series 2025 B",
        "value": "1795239.60",
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      {
        "name": "Louisiana Local Government Environmental Facilities & Community Development Authority, Series 2022",
        "value": "1732708.56",
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      {
        "name": "LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE",
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      {
        "name": "LAFAYETTE SCH 5.75% 4/1/2055",
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      {
        "name": "East Ouachita Parish School District, Series 2025",
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        "name": "MARYLAND ST STADIUM AUTH REVENUE",
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      {
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        "name": "Howard County Housing Commission, Series 2013",
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      {
        "name": "MD HEFA 5.50% 1/1/2046",
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      {
        "name": "State of Maryland, Series 2022 A",
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      {
        "name": "MD ECON DEV CORP",
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      {
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      {
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      {
        "name": "Maryland Economic Development Corp., Series 2024",
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      {
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      {
        "name": "Maryland (State of) Health & Higher Educational Facilities Authority (Loyola University Maryland, Inc.), Series 2025, Ref. RB",
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      {
        "name": "MARYLAND ST ECON DEV CORP PRIV REGD B/E AMT 5.25000000",
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      },
      {
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      {
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        "name": "Maryland Health & Higher Educational Facilities Authority, Series 2004",
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      {
        "name": "UNIV SYS OF MD AUXILIARY FAC & REGD B/E 4.00000000",
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      {
        "name": "MD MDSDEV 5.25 06/30/2055",
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      {
        "name": "Montgomery (County of), MD, Series 2017, GO Bonds",
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      {
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        "value": "4926119.00",
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      {
        "name": "MD ECON DEV CORP -A",
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      {
        "name": "MD HLTH & HGR ED FAC",
        "value": "4780925.05",
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      {
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      {
        "name": "Maryland (State of) Health & Higher Educational Facilities Authority, Series 2016 A, Ref. RB",
        "value": "4179746.12",
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      {
        "name": "Maryland (State of) Stadium Authority (Baltimore City Public Schools), Series 2016, RB",
        "value": "4104171.31",
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      {
        "name": "Maryland Health & Higher Educational Facilities Authority, Series 2016",
        "value": "4008472.80",
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      {
        "name": "Maryland (State of) Stadium Authority  (Built to Learn), Series 2024, RB",
        "value": "3673480.40",
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      {
        "name": "MD ST HLTH & HGR EDU",
        "value": "3595774.70",
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      {
        "name": "PORTS AMERICA CHESAPEAKE LLC 5.0% 06-01-49",
        "value": "3528004.55",
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      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000",
        "value": "3510442.08",
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      },
      {
        "name": "Frederick County, Maryland, Special Obligation Bonds, Urbana Community Development Authority, Refunding Series 2020C",
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      },
      {
        "name": "Maryland Department of Housing & Community Development, Series 2025 C",
        "value": "3397845.33",
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      {
        "name": "MD EDC STUD HSG 5% 6/1/43",
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      {
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      },
      {
        "name": "Maryland Health & Higher Educational Facilities Authority, Series 2025 C-1",
        "value": "3300000.00",
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      {
        "name": "MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE",
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      {
        "name": "MARYLAND ST HLTH & HGR EDUCTNL MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AU",
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      {
        "name": "Washington Metropolitan Area Transit Authority, Series 2021A",
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      {
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      {
        "name": "City of Baltimore, Series 2016",
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      {
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        "name": "Maryland Community Development Administration Local Government Infrastructure, Series 2019 B-1",
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      {
        "name": "MD ST HLTH & HGR EDU",
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      {
        "name": "Washington Metropolitan Area Transit Authority, Series 2020 A, RB",
        "value": "2601582.00",
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      },
      {
        "name": "NJ TRANSPRTN TRUST-BB",
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      },
      {
        "name": "Town of Chestertown, Series 2021 A",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002071691-26-008650",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/757010/000207169126008650/0002071691-26-008650-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002071691-26-008598",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/757010/000207169126008598/0002071691-26-008598-index.htm"
    }
  ]
}