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Franklin MN Tax-Free Inc Adv FMNZX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 11.21  /  −0.08 %
  • Total Assets 706.9 Mil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni Minnesota
  • Credit Quality / Interest Rate Sensitivity High/Extensive
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 3.00%
  • Effective Duration 7.23 years

USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0

Morningstar’s Analysis FMNZX

Will FMNZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Franklin MN Tax-Free Inc Adv to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

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Portfolio Holdings FMNZX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 23.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ALEXANDRIA MINN INDPT SCH DIST NO 206 3%

4.00 28.4 Mil
municipal

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5%

3.07 21.8 Mil
municipal

NORTH ST PAUL MAPLEWOOD MINN INDPT SCH DIST NO 622 3%

2.63 18.7 Mil
municipal

FRIDLEY MINN MULTIFAMILY HSG REV 5.75%

2.29 16.2 Mil
municipal

DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5%

2.26 16.1 Mil
municipal

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5%

2.13 15.1 Mil
municipal

MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4%

1.93 13.7 Mil
municipal

ST PAUL MINN WTR REV 4%

1.91 13.5 Mil
municipal

DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25%

1.90 13.5 Mil
municipal

PRIOR LAKE MINN INDPT SCH DIST NO 719 0%

1.62 11.5 Mil
municipal