# Portfolio overlap — FQLAX vs FTGAX

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

- Shared positions: 9
- Franklin Louisiana Tax-Free Income Fund covered by Franklin Georgia Tax-Free Income Fund: 0.03064780311217383043703945064
- Franklin Georgia Tax-Free Income Fund covered by Franklin Louisiana Tax-Free Income Fund: 0.03064780311217383043703945063

## 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 Georgia Tax-Free Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Savannah Hospital Authority, Series 2019 A | 0.036004 |  |
| City of Atlanta, Series 2024 B | 0.027392 |  |
| GNSVLL and HLL GA 5% 2/15/2042 | 0.026448 |  |
| MAIN STR NAT GA 0% 8/1/2052 | 0.022589 |  |
| FULTON COUNTY RESIDENTIAL CARE FULMED 07/42 FIXED 5 | 0.022442 |  |
| Fulton (County of), GA Development Authority (Piedmont Healthcare, Inc.), Series 2016 A, Ref. RB | 0.021857 |  |
| Development Authority of Burke County (The), Series D | 0.021776 |  |
| PRIV CLGS & UNIVS AUTH GA | 0.021388 |  |
| MAIN STR NAT GA 5% MT | 0.019981 |  |
| Development Authority of Cobb County (The), Series 2020 | 0.019589 |  |
| Carroll City-County Hospital Authority, Series 2025, RB | 0.019532 |  |
| MAIN STR NAT GAS INC GA GAS PROJ REV SER A | 0.019375 |  |
| City of Buford, Series 2017 C | 0.018922 |  |
| Henry County School District, Series 2016 | 0.018811 |  |
| PRVT CLGS & UNIV-A | 0.018673 |  |
| MUNI ELEC AUTH OF GA | 0.018593 |  |
| Moultrie-Colquitt Counties Development Authority, Series 2018 | 0.018576 |  |
| Private Colleges & Universities Authority, Series 2021 | 0.017635 |  |
| Fulton (County of), GA Development Authority (Piedmont Healthcare, Inc.), Series 2019, RB | 0.017200 |  |
| GNSVLL and HLL GA 4% 2/15/2051 | 0.016755 |  |
| Roswell Development Authority (Wellstar Healthcare, Inc.), Series 2025, RB | 0.016423 |  |
| FULTON CO -A -WTR SWR | 0.015372 |  |
| Development Authority of Rockdale County, Series 2025 A-1 | 0.015257 | ✓ |
| DE KALB W/S REF-B | 0.015143 |  |
| Georgia Housing & Finance Authority, Series 2019 A | 0.014671 |  |
| Municipal Electric Authority of Georgia, Series 2020 A | 0.013273 |  |
| Dalton Whitfield County Joint Development Authority, Series 2024 B | 0.013151 |  |
| Athens Housing Authority, Series 2024 | 0.012527 |  |
| City of Atlanta, Series 2023 E | 0.012235 |  |
| City of Atlanta, Series 2025 B | 0.012216 |  |
| Upper Oconee Basin Water Authority, Series 2024 | 0.011919 |  |
| Columbia County Hospital Authority, Series 2023 A | 0.011749 |  |
| State of Illinois, Series 2024 C | 0.011353 |  |
| Floyd County Hospital Authority, Series 2016 | 0.011254 |  |
| Bainbridge Public Facilities Authority, Series 2018 | 0.011253 |  |
| Dalton Whitfield County Joint Development Authority, Series 2017 | 0.011211 |  |
| Upper Oconee Basin Water Authority, Series 2024, RB | 0.011119 |  |
| City of Valdosta, Series 2024 | 0.010579 |  |
| CHILDREN'S HEALTHCARE OF ATLANTA OBLIGATED GROUP 4.0% 07-01-49 | 0.010520 |  |
| MAIN STR NAT GA 5% MT | 0.010271 |  |
| FULTON CTY GA 4% 4/1/2050 | 0.009946 |  |
| Capital Trust Authority, Series 2024 | 0.009432 | ✓ |
| Capital Trust Agency, Inc., Series 2021 A-1 | 0.008911 |  |
| Development Authority of Rockdale County, Series 2025 A-1 | 0.008327 | ✓ |
| PVT CLG UNIV AUTH-A | 0.008304 |  |
| City of Atlanta, Series 2001 A | 0.008299 |  |
| MAIN STR NAT GA 5% 5/15/2037 | 0.008273 |  |
| Bleckley County School District, Series 2020 | 0.008230 |  |
| MAIN STR NAT GA 5% 5/1/2055 MT | 0.008168 |  |
| MAIN STR NAT GA 5% MT | 0.008122 |  |


## 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 `0002071691-26-008646` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/757010/000207169126008646/0002071691-26-008646-index.htm>

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