# EDGAR Filing Document

**Accession Number:** 0000757010
**File Stem:** 0001752724-25-178327
**Filing Date:** 2025-7
**Character Count:** 41727
**Document Hash:** 708c089eb7b07103e34892ab25fa76b0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-178327.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-178327

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN TAX FREE TRUST
- **CENTRAL INDEX KEY:** 0000757010

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04149
- **FILM NUMBER:** 251150167

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

## Series and Classes Contracts Data

### FRANKLIN CONNECTICUT TAX-FREE INCOME FUND (Series ID: S000006930)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018798 | CLASS A1      | FXCTX           |
| C000018799 | CLASS C       | FCTIX           |
| C000079644 | ADVISOR CLASS | FCNZX           |
| C000194371 | Class R6      | FCTQX           |
| C000205909 | Class A       | FQCTX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Franklin Tax Free Trust

- **b. Investment Company Act file number:** 811-04149

- **c. CIK number of Registrant:** 0000757010

- **d. LEI of Registrant:** 549300C12HCE48FV1C70

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Franklin Connecticut Tax-Free Income Fund

- **b. EDGAR series identifier (if any):** S000006930

- **c. LEI of Series:** 549300Q26QWL1VWSV188

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $144308134.54

**Total Liabilities:** $510862.99

**Net Assets:** $143797271.55

**Cash Not Reported:** $1479487.36

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** -240.00000000 | **10-Year:** -57670.20000000 | **30-Year:** -37459.66000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** -2.77000000 | **5-Year:** -6.09000000 | **10-Year:** -2784.99000000 | **30-Year:** -4181.25000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018799 | -2.20%               | -0.91%               | -0.58%               |
| Class ID C000194371 | -2.16%               | -0.87%               | -0.52%               |
| Class ID C000205909 | -2.18%               | -1.00%               | -0.55%               |
| Class ID C000018798 | -2.17%               | -0.99%               | -0.42%               |
| Class ID C000079644 | -2.17%               | -0.87%               | -0.53%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-145627.60              | $-3479717.33                               |
| Month 2  | $-284432.72              | $-1393768.13                               |
| Month 3  | $832.14                  | $-1145427.77                               |

### Schedule of Portfolio Investments

| Name                                                                  | Title                                                                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| South Carolina Jobs-Economic Development Authority                    | South Carolina Jobs-Economic Development Authority, Series 2021 A-1            | CUSIP: 837031C84<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $418624.40    | 0.29%             | 2036-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series E          | CUSIP: 20775DVQ2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3450425.51   | 2.40%             | 2048-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Bradley International Airport CFC Revenue        | State of Connecticut, Series 2019 A                                            | CUSIP: 20773CAX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1370160.82   | 0.95%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pecan Public Facility Corp.                                           | Pecan Public Facility Corp., Series 2022 A-2                                   | CUSIP: 705125AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $450806.50    | 0.31%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                             | University of Connecticut, Series 2017 A                                       | CUSIP: 914233L82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018109.30   | 0.71%             | 2037-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                 | City of Bridgeport, Series 2021 A                                              | CUSIP: 108152NK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $333382.76    | 0.23%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                 | Connecticut Housing Finance Authority, Series 2019 E-E1                        | CUSIP: 20775C3Q5<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1420178.20   | 0.99%             | 2049-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2021 E     | CUSIP: 20775DQU9<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    735000 | PA      | $630914.74    | 0.44%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Central Connecticut Regional Water Authority                    | South Central Connecticut Regional Water Authority, Series 38th                | CUSIP: 83722AEF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109279.60   | 0.77%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series F          | CUSIP: 20775DGE6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    315000 | PA      | $304982.94    | 0.21%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2021 E     | CUSIP: 20775DQV7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $951144.88    | 0.66%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Hamden CT                                                     | Town of Hamden, Series 2021                                                    | CUSIP: 406793AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $465658.05    | 0.32%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2024 A     | CUSIP: 20775DYR7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514648.65    | 0.36%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New Haven CT                                                  | City of New Haven, Series 2021 A                                               | CUSIP: 645021BU9<br>LEI: 549300U4OHEAZ124LQ06 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1780146.80   | 1.24%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc.                                            | Capital Trust Agency, Inc., Series 2021 A-1                                    | CUSIP: 14052TDY7<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    500000 | PA      | $326134.35    | 0.23%             | 2057-01-01      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series R          | CUSIP: 20775DHF2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2223287.75   | 1.55%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2016 CT    | CUSIP: 20774YYL5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4951016.50   | 3.44%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Stratford CT                                                  | Town of Stratford, Series 2017                                                 | CUSIP: 8628115P7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001198.30   | 0.70%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                              | State of Connecticut, Series 2018 A                                            | CUSIP: 207758XQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029827.20   | 0.72%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series Q-1        | CUSIP: 20774YYR2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8858765.70   | 6.16%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Rockdale County                              | Development Authority of Rockdale County, Series 2021 A-1                      | CUSIP: 77300QAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $506615.81    | 0.35%             | 2036-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority          | Connecticut State Higher Education Supplement Loan Authority, Series 2021 B    | CUSIP: 207743WJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2445000 | PA      | $1842416.06   | 1.28%             | 2037-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                    | South Carolina Jobs-Economic Development Authority, Series 2021 A-1            | CUSIP: 837031D26<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $418624.40    | 0.29%             | 2036-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| South Central Connecticut Regional Water Authority                    | South Central Connecticut Regional Water Authority, Series 38th                | CUSIP: 83722AEH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $545490.25    | 0.38%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Stafford CT                                                   | Town of Stafford, Series 2021                                                  | CUSIP: 852410ML0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $222786.70    | 0.15%             | 2036-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Central Connecticut Regional Water Authority                    | South Central Connecticut Regional Water Authority, Series 38th                | CUSIP: 83722AEJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $324274.50    | 0.23%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2010 A-4-1 | CUSIP: 20775DZK1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | STIV             | MUN               | US        |   2300000 | PA      | $2300000.00   | 1.60%             | 2049-07-01      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                     | State of Illinois, Series 2020 C                                               | CUSIP: 4521527G0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $877557.10    | 0.61%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                              | State of Connecticut, Series 2024 A-2                                          | CUSIP: 207758V67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1305620.88   | 0.91%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series F          | CUSIP: 20775DGG1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    860000 | PA      | $795957.09    | 0.55%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                           | Washington State Housing Finance Commission, Series 2021 A                     | CUSIP: 939783H58<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    500000 | PA      | $412528.90    | 0.29%             | 2037-01-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                              | State of Connecticut, Series 2020 A                                            | CUSIP: 207758A60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2069745.40   | 1.44%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Central Connecticut Regional Water Authority                    | South Central Connecticut Regional Water Authority, Series 32nd B              | CUSIP: 8372274F1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1738436.51   | 1.21%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                              | State of Connecticut, Series 2021 D                                            | CUSIP: 207758H63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $1988486.20   | 1.38%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                              | State of Connecticut, Series 2021 A                                            | CUSIP: 207758D59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1557982.20   | 1.08%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                  | State of Connecticut, Series 2020 C                                            | CUSIP: 20772KLD9<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    600000 | PA      | $583532.76    | 0.41%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Clean Water Fund - State Revolving Fund          | State of Connecticut, Series 2015 A                                            | CUSIP: 20775YCF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001100.30   | 0.70%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                  | State of Connecticut, Series 2024 G                                            | CUSIP: 20772KYQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3990000 | PA      | $4245937.75   | 2.95%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority          | Connecticut State Higher Education Supplement Loan Authority, Series 2025 B-1  | CUSIP: 207743YP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $492259.60    | 0.34%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                 | City of Bridgeport, Series 2021 A                                              | CUSIP: 108152NL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $488512.93    | 0.34%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2024 A     | CUSIP: 20775DYP1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517318.60    | 0.36%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2024 A     | CUSIP: 20775DYM8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    520000 | PA      | $539178.54    | 0.37%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                    | South Carolina Jobs-Economic Development Authority, Series 2022 A-1            | CUSIP: 837031D67<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    750000 | PA      | $593011.20    | 0.41%             | 2037-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                 | Connecticut Housing Finance Authority, Series 2020 C-1                         | CUSIP: 20775HAX1<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $746720.60    | 0.52%             | 2037-05-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                     | Antonio B Won Pat International Airport Authority, Series 2024 A               | CUSIP: 40064RFS3<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    365000 | PA      | $382906.64    | 0.27%             | 2036-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                              | State of Connecticut, Series 2016 A                                            | CUSIP: 207758VV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017664.70   | 0.71%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series L          | CUSIP: 20775DKV3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2210000 | PA      | $1670171.70   | 1.16%             | 2046-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series S          | CUSIP: 20775DMS8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4040825.28   | 2.81%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                 | Connecticut Housing Finance Authority, Series 2019 E-E1                        | CUSIP: 20775C3P7<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3864924.50   | 2.69%             | 2044-11-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| City of West Haven CT                                                 | City of West Haven, Series 2021                                                | CUSIP: 953140V56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $518401.12    | 0.36%             | 2041-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                              | State of Connecticut, Series 2020 A                                            | CUSIP: 207758ZY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4794903.45   | 3.33%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Central Connecticut Regional Water Authority                    | South Central Connecticut Regional Water Authority, Series 39th A              | CUSIP: 83722ADS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029413.00   | 0.72%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                              | Public Finance Authority, Series 2022, Class B-1                               | CUSIP: 74442PVW2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    400000 | PA      | $311435.00    | 0.22%             | 2044-12-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Clean Water Fund - State Revolving Fund          | State of Connecticut, Series 2017 A                                            | CUSIP: 20775YDT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023028.00   | 0.71%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2019 A     | CUSIP: 20775DCR1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $947015.00    | 0.66%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority          | Connecticut State Higher Education Supplement Loan Authority, Series 2020 D    | CUSIP: 207743VZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1147018.41   | 0.80%             | 2035-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2015 A     | CUSIP: 20775DYA4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2761927.48   | 1.92%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New Britain CT                                                | City of New Britain, Series 2017 C                                             | CUSIP: 6427138A2<br>LEI: 549300MERJSUOPGAV271 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019793.50   | 0.71%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series X-2        | CUSIP: 20775DXL1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3297530.10   | 2.29%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series D-1        | CUSIP: 20775DRK0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $869246.00    | 0.60%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2024 A     | CUSIP: 20775DYQ9<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    420000 | PA      | $433082.66    | 0.30%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2019 A     | CUSIP: 20775DCT7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   6310000 | PA      | $5727744.12   | 3.98%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series L          | CUSIP: 20774YXG7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   8250000 | PA      | $8046965.85   | 5.60%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                 | City of Bridgeport, Series 2024 A                                              | CUSIP: 108152NJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $568055.07    | 0.40%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority          | Connecticut State Higher Education Supplement Loan Authority, Series 2020 B    | CUSIP: 207743VJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1273807.93   | 0.89%             | 2036-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue               | Puerto Rico Sales Tax Financing Corp., Series A-1                              | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1500000 | PA      | $1409333.40   | 0.98%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series K          | CUSIP: 20775DJM5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    550000 | PA      | $577232.76    | 0.40%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                  | State of Connecticut, Series 2020 A                                            | CUSIP: 20772KJB6<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7168268.58   | 4.98%             | 2038-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                               | Capital Trust Authority, Series 2024                                           | CUSIP: 14054XAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1090650.30   | 0.76%             | 2029-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2018 B     | CUSIP: 20774Y7F8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3871688.00   | 2.69%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Stafford CT                                                   | Town of Stafford, Series 2021                                                  | CUSIP: 852410MR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $245839.83    | 0.17%             | 2041-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series F          | CUSIP: 20775DGF3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    380000 | PA      | $360013.79    | 0.25%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series I-1        | CUSIP: 20774Y2C0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4395288.63   | 3.06%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2022 P     | CUSIP: 20775DTX0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1756368.60   | 1.22%             | 2052-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series K          | CUSIP: 20775DJT0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1040532.12   | 0.72%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Stafford CT                                                   | Town of Stafford, Series 2021                                                  | CUSIP: 852410MN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $265913.51    | 0.18%             | 2038-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2021 A     | CUSIP: 20775DQG0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5278938.60   | 3.67%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series 2024 A     | CUSIP: 20775DYN6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517142.70    | 0.36%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series M          | CUSIP: 20775DPH9<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2479954.56   | 1.72%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                              | Public Finance Authority, Series 2024 A-2                                      | CUSIP: 74441XHX0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    800000 | PA      | $466811.20    | 0.32%             | 2044-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority           | Connecticut State Health & Educational Facilities Authority, Series L-1        | CUSIP: 20774YQ67<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4469870.50   | 3.11%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Stamford CT Water Pollution Control System & Facility Revenue | City of Stamford, Series 2013 A                                                | CUSIP: 852660CL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001021.50   | 0.70%             | 2043-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                 | Connecticut Housing Finance Authority, Series 2020 C-2                         | CUSIP: 20775HBU6<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |    960000 | PA      | $765671.90    | 0.53%             | 2034-11-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Franklin Tax Free Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer