The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
Franklin MN Tax-Free Inc Adv FMNZX
- NAV / 1-Day Return 11.21 / −0.08 %
- Total Assets 706.9 Mil
-
Adj. Expense Ratio
- 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.
People Pillar
Parent Pillar
- 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 |