Franklin Georgia Tax-Free Income Fund Class R6 is a municipal bond mutual fund designed to provide investors with a high level of income exempt from both federal and Georgia state personal income taxes. The fund primarily invests in municipal securities issued by Georgia municipalities, emphasizing bonds whose interest payments qualify for tax exemption at both the federal and state levels. Its strategy is tailored for investors seeking tax-advantaged income, aligning with legislative and regulatory requirements specific to Georgia municipal debt markets. The fund engages primarily with investment-grade securities, supporting infrastructure, education, and public service projects throughout Georgia. As a result, it plays a significant role in channeling capital into critical public initiatives while helping investors manage their taxable income liability. The Class R6 share class is structured for institutional clients, featuring a cost structure optimized for retirement plans and other fee-based programs, thus addressing specific needs within the institutional investment sector.
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