Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Franklin MA Tax-Free Income C FMAIX
- NAV / 1-Day Return 10.62 / +0.01 %
- Total Assets 293.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.270%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Muni Massachusetts
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.13%
- Effective Duration 6.35 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 PM GMT+0
Morningstar’s Analysis FMAIX
Will FMAIX 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 25.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5% | 4.75 | 14.3 Mil | municipal |
MASSACHUSETTS ST HEALTH & EDL FACS AUTH 5.5% | 3.55 | 10.7 Mil | municipal |
MASSACHUSETTS ST DEV FIN AGY REV 4% | 2.45 | 7.4 Mil | municipal |
MASSACHUSETTS ST DEV FIN AGY REV 5% | 2.38 | 7.1 Mil | municipal |
MASSACHUSETTS ST DEV FIN AGY REV 5% | 2.30 | 6.9 Mil | municipal |
MASSACHUSETTS ST DEV FIN AGY REV 4% | 2.08 | 6.3 Mil | municipal |
MASSACHUSETTS ST WTR RES AUTH 5.25% | 2.04 | 6.1 Mil | municipal |
MASSACHUSETTS ST HSG FIN AGY 3.5% | 1.93 | 5.8 Mil | municipal |
MASSACHUSETTS ST TRANSN FD REV 5% | 1.81 | 5.5 Mil | municipal |
UNIVERSITY MASS BLDG AUTH PROJ REV 5.25% | 1.80 | 5.4 Mil | municipal |