# Portfolio overlap — FQLAX vs FRCOX

Comparing **Franklin Louisiana Tax-Free Income Fund** (2026-02-28) and **Franklin Colorado Tax-Free Income Fund** (2026-02-28).

- Shared positions: 11
- Franklin Louisiana Tax-Free Income Fund covered by Franklin Colorado Tax-Free Income Fund: 0.03407652459780167137105090533
- Franklin Colorado Tax-Free Income Fund covered by Franklin Louisiana Tax-Free Income Fund: 0.03407652459780167137105090535

## Franklin Louisiana Tax-Free Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Louisiana (State of) Public Facilities Authority (Louisiana Children's Medical Center), Series 2015, RB | 0.037124 |  |
| City of New Orleans, Series 2021 A | 0.029954 |  |
| State of Louisiana, Series 2024 A | 0.028083 |  |
| OCHSNER CLINIC FOUNDATION OBLIGATED GROUP 5.0% 05-15-42 | 0.026933 |  |
| Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Woman's Hospital Foundation), Series 2017 A, Ref. RB | 0.024949 |  |
| Louisiana (State of) Public Facilities Authority (I-10 Calcasieu River Bridge), Series 2024, RB | 0.024325 |  |
| Jefferson Parish Consolidated Waterworks District No. 2, Series 2022 | 0.023981 |  |
| SHREVEPORT LA REGD B/E AG 5.00000000 | 0.023788 |  |
| Louisiana Public Facilities Authority, Series 2019 A | 0.023771 |  |
| New Orleans Aviation Board, Series A | 0.023471 |  |
| Louisiana Public Facilities Authority, Series 2015 A | 0.023215 |  |
| Louisiana State University & Agricultural & Mechanical College, Series 2016 A | 0.021211 |  |
| Louisiana Local Government Environmental Facilities & Community Development Authority, Series 2024 A-2 | 0.020404 |  |
| Louisiana Public Facilities Authority, Series 2020 A | 0.020272 |  |
| SHREVEPORT WTR & SWR | 0.018129 |  |
| Shreveport, Louisiana, Water and Sewer Revenue Bonds, Refunding Series 2020B | 0.017145 |  |
| St. John the Baptist, Series 2023 | 0.016863 |  |
| Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Ragin Cajun Facilities, Inc.), Series 2018, RB | 0.016474 |  |
| PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.015941 |  |
| Louisiana Public Facilities Authority, Series 2021 | 0.015726 |  |
| Louisiana Public Facilities Authority, Series 2025, RB | 0.014688 |  |
| PORT NEW ORLEANS LA BRD OF COMMISSIONERS PORT FAC REVENUE | 0.014568 |  |
| Louisiana Public Facilities Authority, Series 2016 A | 0.014192 |  |
| St. Tammany Parish Hospital Service District No. 1, Series 2018 A | 0.014140 |  |
| E BATON ROUGE PARISH LA SWR CO EASUTL 02/45 FIXED 4 | 0.014028 |  |
| Louisiana Local Government Environmental Facilities & Community Development Authority, Series 2024 | 0.013196 |  |
| West Feliciana Parish Parishwide Consolidated School District No. 1, Series 2020 | 0.012646 |  |
| Louisiana Public Facilities Authority, Series 2021 | 0.012624 |  |
| Parish of Terrebonne, Series 2020 A | 0.012596 |  |
| LOUISIANA ST LOCAL GOVT ENVRNM REGD B/E 2.50000000 | 0.012572 |  |
| N ORLEANS AVIAT 5.25% 1/1/2045 @ | 0.012386 |  |
| State of Louisiana, Series 2016 A | 0.012163 |  |
| City of Lafayette, Series 2019 A | 0.011480 |  |
| SOUTH QUAD L3C AG 5.25% 07-01-55 | 0.011037 |  |
| TANGIPAHOA PSH-REF | 0.010857 |  |
| LOUISIANA ST PUBLIC FACS AUTH LEASE REVENUE | 0.010800 |  |
| LAFAYETTE SCH 4% 4/1/53 | 0.010799 |  |
| Jefferson Sales Tax District, Series 2017 B | 0.010746 |  |
| Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (St. Tammany Parish Gomesa), Series 2020, RB | 0.010594 |  |
| Port New Orleans Board of Commissioners, Series 2020 D | 0.009539 |  |
| TANGIPAHOA PSH-REF | 0.009505 |  |
| Louisiana (State of) Public Facilities Authority (Ochsner Clinic Foundation), Series 2017, Ref. RB | 0.009399 |  |
| Louisiana Public Facilities Authority, Series 2021 | 0.009331 |  |
| Capital Trust Authority, Series 2024 | 0.009203 | ✓ |
| LOUISIANA STADIUM & EXPOSITION REGD B/E 5.25000000 | 0.008550 |  |
| State of Louisiana, Series 2025 B | 0.008385 |  |
| Louisiana Local Government Environmental Facilities & Community Development Authority, Series 2022 | 0.008093 |  |
| LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | 0.007818 |  |
| LAFAYETTE SCH 5.75% 4/1/2055 | 0.007714 |  |
| East Ouachita Parish School District, Series 2025 | 0.007604 |  |

## Franklin Colorado Tax-Free Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| City of Fort Collins, Series 2018 A | 0.028523 |  |
| Public Authority for Colorado Energy, Series 2008, RB | 0.024951 |  |
| COLORADO ST HLTH FACS AUTH REV REGD V/R B/E 2.65000000 | 0.021160 |  |
| REGL TRANSPRTN DIST CO SALES TAX REVENUE | 0.020607 |  |
| Denver Convention Center Hotel Authority, Series 2016 | 0.020002 |  |
| Denver Health & Hospital Authority, Series A | 0.018829 |  |
| CO ST HLTH FACS AUTH | 0.018105 |  |
| Colorado Health Facilities Authority, Series 2019 A | 0.016635 |  |
| UNIVERSITY OF COLORADO HEALTH OBLIGATED GROUP 4.0% 09-01-50 | 0.013763 |  |
| Parker Water & Sanitation District, Series 2018 | 0.013553 |  |
| Public Finance Authority, Series 2025 A-2 | 0.012693 | ✓ |
| REGL TRANSPRTN DIST CO SALES T REGIONAL TRANSPORTATION DISTRICT SALES TAX REVENUE | 0.012307 |  |
| COLORADO ST BRD OF GOVERNORS U REGD N/C B/E ST HGR 5.00000000 | 0.011963 |  |
| South Timnath Metropolitan District No. 2, Series 2016 | 0.011618 |  |
| DENVER CO SCH 1 5.50% 12/1/2049 | 0.011294 |  |
| COLO SPGS UTIL 5.25% 11/15/2050 | 0.011037 |  |
| COLO SPGS UTIL 5.25% 11/15/2054 | 0.010887 |  |
| COLORADO ST HLTH FACS | 0.010842 |  |
| COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE | 0.010759 |  |
| Denver Health & Hospital Authority, Series 2018 | 0.010741 |  |
| Colorado Health Facilities Authority, Series 2016 A | 0.010605 |  |
| Colorado Educational & Cultural Facilities Authority, Series 2021 A | 0.010516 |  |
| Denver (City & County of), CO, Series 2022 D, Ref. RB | 0.010380 |  |
| Denver (City & County of), CO, Series 2018 A, Ref. RB | 0.010353 |  |
| DENVER WTR-A-GREEN | 0.010343 |  |
| Denver City & County School District No. 1, Series 2017 | 0.010319 |  |
| Board of Governors of Colorado State University System, Series A | 0.010239 |  |
| DENVER COLO CT 5% 8/1/2048 | 0.010223 |  |
| COVENANT LIVING COMMUNITIES AND SERVICES OBLIGATED GROUP 5.0% 12-01-48 | 0.010184 |  |
| State of Colorado, Series 2020 R | 0.010115 |  |
| COVENANT LIVING COMMUNITIES AND SERVICES OBLIGATED GROUP 4.0% 12-01-50 | 0.009908 |  |
| CO ST BOARD GOV 4% 3/1/2047 | 0.009584 |  |
| DENVER CO ARPT 5% 11/15/37@ | 0.009571 |  |
| Denver (City & County of), CO, Series 2018 B, Ref. RB | 0.009203 |  |
| Thompson Crossing Metropolitan District No. 2, Series 2016 B | 0.009193 |  |
| COLORADO ST BRD OF GOVERNORS UNIV ENTERPRISE SYS REVENUE | 0.009173 |  |
| Capital Trust Authority, Series 2024 | 0.008575 | ✓ |
| COLORADO ST HLTH FACS AUTH REVENUE | 0.008459 |  |
| Colorado (State of) Educational & Cultural Facilities Authority (University of Denver), Series 2017 A, RB | 0.008113 |  |
| Broomfield Village Metropolitan District No. 2, Series 2021 A-1 | 0.008072 |  |
| University of Colorado, Series 2025A | 0.007996 |  |
| CO AUCDEV 0 12/01/2055 | 0.007806 |  |
| Capital Trust Agency, Inc., Series 2021 A-1 | 0.007691 |  |
| COLORADO ST HLTH FACS AUTH REV REGD B/E 5.50000000 | 0.007610 |  |
| Colorado Health Facilities Authority, Series 2019 A | 0.007583 |  |
| COLORADO BRIDGE & TUNNEL ENTER REGD B/E AG 5.25000000 | 0.007569 |  |
| State of Colorado, Series 2020 A | 0.007513 |  |
| DENVER COLO CITY & CNTY MULTIFAMILY HSG REV BDS 5%, DUE 11/1/2052 | 0.007367 |  |
| COLORADO ST HLTH FACS AUTH REVENUE | 0.007322 |  |
| FIDDLERS CO BUSINESS IMPT DIST | 0.007269 |  |


## Sources

- N-PORT (fund A) — accession `0002071691-26-008650` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/757010/000207169126008650/0002071691-26-008650-index.htm>
- N-PORT (fund B) — accession `0002071691-26-008625` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/757010/000207169126008625/0002071691-26-008625-index.htm>

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