Verdicts genuinely change. Free email alert the moment FLAIX's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Franklin Louisiana Tax-Free Income Fund · Franklin Tax Free Trust
99 holdings
UNVERIFIED None of this fund's 99 holdings are companies in our screened equity universe. Our look-through screens equities, so it does not apply to a fund holding bonds, sukuk or other instruments — this is not a gap in our data about the fund.
Largest holdings: Louisiana Public Facilities Authority, City of New Orleans LA, State of Louisiana Gasoline & Fuels Tax Revenue, Louisiana Public Facilities Authority, Louisiana Local Government Environmental Facilities & Community Development Auth.
99 holdings, 0 matched (0% of weight). Portfolio as of 2026-05-31, filed 2026-07-27. Source: SEC Form N-PORT.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Louisiana Public Facilities Authority | UNSCREENED | 3.76% | no in-house ratios for this holding |
| City of New Orleans LA | UNSCREENED | 2.93% | no in-house ratios for this holding |
| State of Louisiana Gasoline & Fuels Tax Revenue | UNSCREENED | 2.78% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 2.72% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 2.52% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 2.46% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 2.41% | no in-house ratios for this holding |
| Jefferson Parish Consolidated Waterworks District No. 2 | UNSCREENED | 2.41% | no in-house ratios for this holding |
| City of Shreveport LA | UNSCREENED | 2.40% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 2.36% | no in-house ratios for this holding |
| Louisiana State University & Agricultural & Mechanical College | UNSCREENED | 2.14% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 2.05% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 2.03% | no in-house ratios for this holding |
| City of Shreveport LA Water & Sewer Revenue | UNSCREENED | 1.83% | no in-house ratios for this holding |
| New Orleans Aviation Board | UNSCREENED | 1.83% | no in-house ratios for this holding |
| City of Shreveport LA Water & Sewer Revenue | UNSCREENED | 1.72% | no in-house ratios for this holding |
| St. John the Baptist | UNSCREENED | 1.69% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 1.66% | no in-house ratios for this holding |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | UNSCREENED | 1.60% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 1.53% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 1.48% | no in-house ratios for this holding |
| Port New Orleans Board of Commissioners | UNSCREENED | 1.46% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 1.43% | no in-house ratios for this holding |
| St. Tammany Parish Hospital Service District No. 1, | UNSCREENED | 1.43% | no in-house ratios for this holding |
| East Baton Rouge Sewerage Commission | UNSCREENED | 1.41% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 1.30% | no in-house ratios for this holding |
| Parish of Terrebonne LA | UNSCREENED | 1.27% | no in-house ratios for this holding |
| West Feliciana Parish Parishwide Consolidated School District No. 1 | UNSCREENED | 1.26% | no in-house ratios for this holding |
| New Orleans Aviation Board | UNSCREENED | 1.25% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 1.25% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 1.23% | no in-house ratios for this holding |
| State of Louisiana | UNSCREENED | 1.23% | no in-house ratios for this holding |
| City of Lafayette LA Sales & Use Tax Revenue | UNSCREENED | 1.16% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 1.11% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 1.10% | no in-house ratios for this holding |
| Tangipahoa Parish Hospital Service District No. 1 | UNSCREENED | 1.08% | no in-house ratios for this holding |
| Lafayette Parish School Board Sale Tax | UNSCREENED | 1.07% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Authority | UNSCREENED | 1.05% | no in-house ratios for this holding |
| Port New Orleans Board of Commissioners | UNSCREENED | 0.96% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 0.95% | no in-house ratios for this holding |
| Tangipahoa Parish Hospital Service District No. 1 | UNSCREENED | 0.94% | no in-house ratios for this holding |
| Capital Trust Authority | UNSCREENED | 0.93% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 0.91% | no in-house ratios for this holding |
| Louisiana Stadium & Exposition District | UNSCREENED | 0.86% | no in-house ratios for this holding |
| State of Louisiana Gasoline & Fuels Tax Revenue | UNSCREENED | 0.82% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.79% | no in-house ratios for this holding |
| Lafayette Parish School Board Sale Tax Revenue | UNSCREENED | 0.78% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.77% | no in-house ratios for this holding |
| East Ouachita Parish School District | UNSCREENED | 0.76% | no in-house ratios for this holding |
| Lafayette Parish School Board Sale Tax Revenue | UNSCREENED | 0.74% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 0.74% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 0.73% | no in-house ratios for this holding |
| Louisiana Offshore Terminal Authority | UNSCREENED | 0.72% | no in-house ratios for this holding |
| Louisiana Housing Corp. | UNSCREENED | 0.72% | no in-house ratios for this holding |
| Louisiana Correctional Facilities Corp. | UNSCREENED | 0.72% | no in-house ratios for this holding |
| Juban Crossing Economic Development District | UNSCREENED | 0.71% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.67% | no in-house ratios for this holding |
| State of Louisiana Gasoline & Fuels Tax Revenue | UNSCREENED | 0.62% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.60% | no in-house ratios for this holding |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | UNSCREENED | 0.56% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.55% | no in-house ratios for this holding |
| Public Finance Authority | UNSCREENED | 0.55% | no in-house ratios for this holding |
| Rapides Parish Consolidated School District No. 62 | UNSCREENED | 0.55% | no in-house ratios for this holding |
| City of New Orleans LA Sewerage Service Revenue | UNSCREENED | 0.54% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.53% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 0.53% | no in-house ratios for this holding |
| Greater New Orleans Expressway Commission | UNSCREENED | 0.52% | no in-house ratios for this holding |
| City of Shreveport LA Water & Sewer Revenue | UNSCREENED | 0.52% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.52% | no in-house ratios for this holding |
| Livingston Parish School District No. 1 | UNSCREENED | 0.50% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.50% | no in-house ratios for this holding |
| New Orleans Aviation Board | UNSCREENED | 0.48% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.48% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.48% | no in-house ratios for this holding |
| Rapides Parish School District No. 11 Rigolette | UNSCREENED | 0.47% | no in-house ratios for this holding |
| Louisiana Housing Corp. | UNSCREENED | 0.47% | no in-house ratios for this holding |
| Pecan Public Facility Corp. | UNSCREENED | 0.46% | no in-house ratios for this holding |
| Greater Ouachita Water Co. | UNSCREENED | 0.44% | no in-house ratios for this holding |
| Public Finance Authority | UNSCREENED | 0.42% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.40% | no in-house ratios for this holding |
| City of Natchitoches LA Utilities Revenue | UNSCREENED | 0.38% | no in-house ratios for this holding |
| Terrebonne Parish Hospital Service District No. 1 | UNSCREENED | 0.38% | no in-house ratios for this holding |
| Public Finance Authority | UNSCREENED | 0.32% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.31% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.30% | no in-house ratios for this holding |
| Washington State Housing Finance Commission | UNSCREENED | 0.29% | no in-house ratios for this holding |
| Louisiana Local Government Environmental Facilities & Community Development Auth | UNSCREENED | 0.26% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 0.25% | no in-house ratios for this holding |
| Puerto Rico Electric Power Authority | UNSCREENED | 0.24% | no in-house ratios for this holding |
| Louisiana Housing Corp. | UNSCREENED | 0.24% | no in-house ratios for this holding |
| Public Finance Authority | UNSCREENED | 0.24% | no in-house ratios for this holding |
| Caddo Parish Parishwide School District | UNSCREENED | 0.23% | no in-house ratios for this holding |
| City of Dallas Housing Finance Corp. | UNSCREENED | 0.20% | no in-house ratios for this holding |
| Capital Trust Agency, Inc. | UNSCREENED | 0.17% | no in-house ratios for this holding |
| Development Authority of Rockdale County | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Development Authority of Rockdale County | UNSCREENED | 0.09% | no in-house ratios for this holding |
| City of New Orleans LA | UNSCREENED | 0.05% | no in-house ratios for this holding |
| City of New Orleans LA | UNSCREENED | 0.05% | no in-house ratios for this holding |
| Louisiana Public Facilities Authority | UNSCREENED | 0.03% | no in-house ratios for this holding |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| Louisiana Public Facilities Authoritynot matched to a ticker | 3.76% | Not screened |
| City of New Orleans LAnot matched to a ticker | 2.93% | Not screened |
| State of Louisiana Gasoline & Fuels Tax Revenuenot matched to a ticker | 2.78% | Not screened |
| Louisiana Public Facilities Authoritynot matched to a ticker | 2.72% | Not screened |
| Louisiana Local Government Environmental Facilities & Community Development Authnot matched to a ticker | 2.52% | Not screened |
| Louisiana Public Facilities Authoritynot matched to a ticker | 2.46% | Not screened |
| Louisiana Public Facilities Authoritynot matched to a ticker | 2.41% | Not screened |
| Jefferson Parish Consolidated Waterworks District No. 2not matched to a ticker | 2.41% | Not screened |
| City of Shreveport LAnot matched to a ticker | 2.40% | Not screened |
| Louisiana Public Facilities Authoritynot matched to a ticker | 2.36% | Not screened |
Top 10 of 99 holdings, 26.8% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for FLAIX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 4 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 53.10 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 85.29 | NEUTRAL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.03 | BUY |
| ROC (10) | 0.94 | BUY |
| Momentum (10) | 0.09 | BUY |
| EMA (10) | 9.59 | BUY |
| SMA (10) | 9.57 | BUY |
| EMA (20) | 9.63 | BUY |
| SMA (20) | 9.60 | BUY |
| EMA (30) | 9.69 | BUY |
| SMA (30) | 9.69 | BUY |
| EMA (50) | 9.79 | SELL |
| SMA (50) | 9.85 | SELL |
| EMA (100) | 9.92 | SELL |
| SMA (100) | 10.02 | SELL |
| EMA (200) | 9.99 | SELL |
| SMA (200) | 10.07 | SELL |
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
The questions worth asking about any verdict on this page, answered plainly.
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.