Franklin PA Tax-Free Income A1 (FRPAX) As Of: 04/02/2026

Sufficient Liquidity
FRPAX Can Liquidate 65.33 % In 3 Days Which Meets The Fund's 7.15% Minimum For Highly Liquid Assets. See SEC Requirements.

Unacceptable Illiquidity
FRPAX Fails The 15% Maximum Illiquid Assets Test. See SEC Requirements.
Total De-valuated Market Value: $0.00 (0.000% of the fund)

Liquidity Assessment For FRPAX

Days To Liquidate SEC Category % Of Fund Value Value
0-3 Days		 Highly Liquid
65.3 %
$430,617,392.14
3-7 Days		 Moderately Liquid
6.3 %
$41,765,887.81
3-7 Days (Settle Later)		 Less Liquid
3.2 %
$20,924,657.71
7+ Days		 Illiquid
25.2 %
$165,844,468.33
Market Value
$658,754,210
Cash
-0.13 %
Positions
222
Not Covered
6 (2.70 %)
Covered
216 (97.30 %)
Type
OPEN_END
Reporting Date
2025-07-31
Highly Liquid Target
7.15%
...
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CUSIP Name Amount Owned Other Fund`s Capacity To Buy Traded Last 30 Days % Of Fund High Mod Less Illiquid Maturity Coupon BV Credit Score Drilldown
CUSIP Name Amount Owned % Of Fund Coupon Maturity