# Portfolio overlap — FQLAX vs FRORX Comparing **Franklin Louisiana Tax-Free Income Fund** (2026-02-28) and **Franklin Oregon Tax-Free Income Fund** (2026-02-28). - Shared positions: 11 - Franklin Louisiana Tax-Free Income Fund covered by Franklin Oregon Tax-Free Income Fund: 0.03827906451860071367265762472 - Franklin Oregon Tax-Free Income Fund covered by Franklin Louisiana Tax-Free Income Fund: 0.03827906451860071367265762472 ## 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 Oregon Tax-Free Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | OREGON ST FACS AUTH REVENUE | 0.047414 | | | OR ST FACS 5% 6/1/2046 | 0.032187 | | | Multnomah-Clackamas Counties Centennial School District No. 28JT, Series 2020 | 0.031453 | | | State of Oregon, Series 2019 A | 0.030706 | | | OREGON ST HLTH & SCIENCE UNIV REVENUE | 0.030533 | | | State of Oregon Housing & Community Services Department, Series 2022 II-1 | 0.026218 | | | Washington & Multnomah Counties School District No. 48J Beaverton, Series 2022 B | 0.024933 | | | Multnomah County School District No. 1J Portland, Series 2026 | 0.024792 | | | PORTLAND OR SWR SYS REVENUE | 0.022403 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.021791 | ✓ | | SALEM OR HOSP FAC AUTH REVENUE REGD B/E 5.00000000 | 0.021218 | | | WASHINGTON SD #48J-D | 0.019252 | | | Port of Portland, Series 29 | 0.017645 | | | Clackamas County School District No. 12 North Clackamas, Series 2017 A | 0.017417 | | | Deschutes County Hospital Facility Authority, Oregon, Hospital Revenue Bonds, Saint Charles Health System, Inc., Series 2016A | 0.017206 | | | OREGON ST HLTH & SCIENCE UNIV REVENUE | 0.015747 | | | Metro Oregon - Clackamas, Multnomah, and Washington Counties, Series 2025 | 0.014763 | | | SAMARITAN HEALTH SERVICES INC OBLIGATED GROUP 5.0% 10-01-40 | 0.014165 | | | Metro Oregon - Clackamas, Multnomah, and Washington Counties, Series 2025 | 0.013621 | | | Port of Portland, Series 29-A | 0.013610 | | | Oregon State Facilities Authority, Series 2025 A | 0.012889 | | | Multnomah County School District No. 1J Portland, Series 2023 | 0.012820 | | | Public Finance Authority, Series 2025 A-2 | 0.012782 | ✓ | | UNIV OF OREGON OR GEN REVENUE | 0.012628 | | | OREGON ST HLTH & SCIE | 0.012581 | | | MEDFORD OR HOSP FACS AUTH REVENUE | 0.012246 | | | Metro, Series 2017 | 0.011560 | | | County of Yamhill, Series 2020 A | 0.011223 | | | OR MFDMED 5 08/15/2045 | 0.010602 | | | Clackamas County School District No. 46 Oregon Trail | 0.010214 | | | Clackamas County School District No. 46 Oregon Trail | 0.010015 | | | Public Finance Authority, Series 2024 A-2 | 0.009697 | | | Oregon State Facilities Authority, Series 2016 A | 0.009688 | | | Port of Portland, Series 24 B | 0.009571 | | | Salem-Keizer School District No. 24J, Series 2009 B | 0.009421 | | | Capital Trust Authority, Series 2024 | 0.008912 | ✓ | | County of Yamhill, Series 2020 A | 0.008807 | | | Forest Grove, Oregon, Campus Improvement Revenue Bonds, Pacific University Project, Refunding Series 2015A | 0.008149 | | | Astoria, OR Hospital Fac. Auth. Rev. (Columbia Memorial Hospital) | 0.008105 | | | Port of Portland, Series 25 B | 0.007893 | | | Salem-Keizer School District No. 24J, Series 2020 C | 0.007680 | | | THE CHILDRENS TRUST FUND PR TO CHILDREN'S TRUST FUND | 0.007545 | | | COLUMBIA LUTHERAN CHARITIES OBLIGATED GROUP 5.25% 08-01-49 | 0.006896 | | | MEDFORD OR HOSP FACS AUTH REVE REGD B/E AG 4.00000000 | 0.006647 | | | Port of Portland, Series 27 A | 0.006647 | | | Tri-County Metropolitan Transportation District, Oregon, Capital Grant Receipt Revenue Bonds, Series 2018A | 0.006527 | | | Washington & Clackamas Counties School District No. 23J Tigard-Tualatin, Series 2017 | 0.006429 | | | WASHINGTON SD #48J-D | 0.006385 | | | Metropolitan Transportation Authority, Series 2021, RB | 0.006175 | | | Port of Portland, Series 25 B | 0.006152 | | ## Sources - N-PORT (fund A) — accession `0002071691-26-008650` (as of 2026-02-28) - N-PORT (fund B) — accession `0002071691-26-008634` (as of 2026-02-28) --- _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._ _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._ _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. See _