Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Franklin MD Tax Free Income C FMDIX
- NAV / 1-Day Return 10.15 / +0.12 %
- Total Assets 306.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.290%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Muni Single State Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.67%
- Effective Duration 6.51 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FMDIX
Will FMDIX 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 29.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MARYLAND ST STAD AUTH REV 5% | 4.07 | 12.6 Mil | municipal |
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5% | 3.40 | 10.5 Mil | municipal |
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.5% | 3.28 | 10.2 Mil | municipal |
HOWARD CNTY MD HSG COMMN REV 5% | 3.27 | 10.1 Mil | municipal |
WASHINGTON SUBN SAN DIST MD 4% | 3.07 | 9.5 Mil | municipal |
MARYLAND ST 5% | 2.94 | 9.1 Mil | municipal |
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5% | 2.84 | 8.8 Mil | municipal |
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5% | 2.45 | 7.6 Mil | municipal |
BALTIMORE CNTY MD 5% | 2.14 | 6.6 Mil | municipal |
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5% | 2.00 | 6.2 Mil | municipal |