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Morningstar

Franklin MO Tax Free Income C FMOIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.43  /  +0.01 %
  • Total Assets 681.5 Mil
  • Adj. Expense Ratio
    1.210%
  • Expense Ratio 1.210%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.79%
  • Effective Duration 6.90 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis FMOIX

Will FMOIX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMOIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMOIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMOIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Franklin MO Tax Free Income C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FMOIX

More FMOIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5%

4.57 31.5 Mil
municipal

MISSOURI JT MUN ELEC UTIL COMMN PWR PROJ REV 5%

4.19 28.9 Mil
municipal

METROPOLITAN ST LOUIS MO SWR DIST WASTEWTR SYS REV 5%

3.78 26.0 Mil
municipal

MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5%

2.83 19.5 Mil
municipal

METROPOLITAN ST LOUIS MO SWR DIST WASTEWTR SYS REV 5%

2.30 15.8 Mil
municipal

WENTZVILLE MO SCH DIST NO R-04 4%

2.26 15.6 Mil
municipal

ST LOUIS MO ARPT REV 5.5%

2.17 14.9 Mil
municipal

MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5%

2.04 14.1 Mil
municipal

MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 5%

1.76 12.1 Mil
municipal

KANSAS CITY MO INDL DEV AUTH REV 5.5%

1.75 12.1 Mil
municipal