{
  "page": "compare",
  "query": {
    "a": "FQLAX",
    "b": "FTAZX"
  },
  "retrieved_at": "2026-07-07T16:38:10+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 Arizona Tax-Free Income Fund",
    "ticker": "FTAZX",
    "slug": "FTAZX",
    "series_id": "S000006922",
    "html_url": "https://fundwatcher.app/funds/FTAZX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04620404567275946054910846429",
    "coverage_b_by_a": "0.04620404567275946054910846427",
    "shared_count": 14,
    "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",
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        "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",
        "value": "5766206.86",
        "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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        "weight": "0.02494941",
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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",
        "value": "5024866.00",
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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",
        "value": "3881178.07",
        "weight": "0.01812858",
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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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      {
        "name": "E BATON ROUGE PARISH LA SWR CO EASUTL 02/45 FIXED 4",
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      {
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      {
        "name": "West Feliciana Parish Parishwide Consolidated School District No. 1, Series 2020",
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      {
        "name": "Louisiana Public Facilities Authority, Series 2021",
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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": "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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      {
        "name": "LAFAYETTE SCH 4% 4/1/53",
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        "name": "Jefferson Sales Tax District, Series 2017 B",
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      {
        "name": "Port New Orleans Board of Commissioners, Series 2020 D",
        "value": "2042139.00",
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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",
        "value": "1997614.16",
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      {
        "name": "Capital Trust Authority, Series 2024",
        "value": "1970197.48",
        "weight": "0.00920259",
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      {
        "name": "LOUISIANA STADIUM & EXPOSITION REGD B/E 5.25000000",
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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",
        "value": "1627876.05",
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      {
        "name": "PHOENIX CIVIC IMPT-D",
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      {
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      {
        "name": "SALT VERDE FINL CORP GAS REV ARIZ SR",
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      {
        "name": "PHOENIX CIVIC IMPT CO",
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      {
        "name": "Gilbert Water Resource Municipal Property Corp., Series 2022",
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      {
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      {
        "name": "Arizona Board of Regents, Series 2026 A",
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      {
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      {
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      {
        "name": "City of Phoenix Civic Improvement Corp., Series 2022",
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      {
        "name": "Phoenix Civic Improvement Corporation, Arizona, Revenue Bonds, Civic Plaza Expansion Project, Series 2005B",
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      {
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      {
        "name": "PHOENIX CIVIC IMPT CO",
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        "name": "KIPP NYC PUBLIC CHARTER SCHOOLS 4.0% 07-01-51",
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      {
        "name": "University of Arizona Board of Regents (Green Bonds), Series 2024, RB",
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      {
        "name": "EQUITABLE SCHOOL REVOLVING FUND LLC OBLIGATED GROUP 4.0% 11-01-50",
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      {
        "name": "Arizona (State of) Industrial Development Authority (Provident Group-NCCU Properties LLC), Series 2019 A, RB",
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      {
        "name": "City of Phoenix Civic Improvement Corp., Series 2005 B",
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      {
        "name": "ARIZONA ST INDL DEV AUTH NATIO REGD B/E 5.00000000",
        "value": "5806903.15",
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      {
        "name": "AZ ST INDL DEV AUTH-A",
        "value": "5727725.67",
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      {
        "name": "SALT VERDE FINL. CO 5.00%",
        "value": "5574369.00",
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      {
        "name": "Capital Trust Authority, Series 2024",
        "value": "5537968.13",
        "weight": "0.00919956",
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      {
        "name": "Salt River Project Agricultural Improvement & Power District, Series 2023 A, RB",
        "value": "5529036.59",
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      {
        "name": "Public Finance Authority, Series 2025 A-2",
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      {
        "name": "Salt River Project Agricultural Improvement & Power District, Series 2023 A, RB",
        "value": "5307913.00",
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      {
        "name": "ARIZONA ST INDL DEV AUTH SENIOR LIVING REVENUE",
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      {
        "name": "Arizona Board of Regents, Series 2025 A",
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      },
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        "value": "5126504.00",
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      {
        "name": "City of Phoenix Civic Improvement Corp., Series 2018 A",
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      },
      {
        "name": "PHX CVC APT REV 5% 7/1/2048 @",
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      },
      {
        "name": "Phoenix Civic Improvement Corp., Series 2017, Ref. RB",
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      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
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      },
      {
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      {
        "name": "Phoenix Civic Improvement Corporation, Arizona, Rental Car Facility Charge Revenue Bonds, Series 2019A",
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      },
      {
        "name": "Town of Queen Creek, Series 2024",
        "value": "4667521.86",
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        "name": "AZ ST UNIV 4% 7/1/2053",
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      },
      {
        "name": "Maricopa County Pollution Control Corp., Series A",
        "value": "4449955.50",
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      },
      {
        "name": "Phoenix Civic Improvement Corp., Series 2019 A, RB",
        "value": "4318364.74",
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      },
      {
        "name": "Industrial Development Authority of the County of Yavapai (The), Series 2016",
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      },
      {
        "name": "City of Phoenix Civic Improvement Corp., Series 2005 B",
        "value": "4117832.03",
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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": "0002071691-26-008609",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/757010/000207169126008609/0002071691-26-008609-index.htm"
    }
  ]
}