FGAIX

About FGAIX

Franklin Georgia Tax-Free Income Fund Class C is a municipal bond mutual fund designed to deliver a high level of income exempt from both federal and Georgia state personal income taxes. The fund primarily invests at least 80% of its assets in municipal securities whose interest payments are free from federal and Georgia income taxes, including exemption from the federal alternative minimum tax. Its portfolio consists largely of debt issued by various government entities in Georgia, such as hospital authorities, development agencies, and educational districts, offering investors exposure to essential public infrastructure projects within the state. This fund is most relevant for investors seeking tax-advantaged income and a focus on Georgia’s municipal market. With over a hundred individual holdings, regular monthly distributions, and a diversified range of municipal issuers, Franklin Georgia Tax-Free Income Fund Class C plays an important role in the single-state municipal bond mutual fund sector, supporting local development while providing eligible investors with tax-exempt income opportunities.