Morningstar

Franklin Maryland Tax Free Income Fund Class C FMDIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.03  /  0.00
  • Total Assets 317.0M
  • Adj. Expense Ratio
    1.290%
  • 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 2.84%
  • Effective Duration 8.19 years

USD | NAV as of Jun 10, 2026 | 1-Day Return as of Jun 10, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FMDIX

Will FMDIX outperform in the 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 FMDIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMDIX 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 FMDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Franklin MD Tax Free Income C holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FMDIX

More FMDIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MARYLAND ST STAD AUTH REV 5%

3.92 12M
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5%

3.31 10M
municipal

HOWARD CNTY MD HSG COMMN REV 5%

3.22 10M
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.5%

3.20 10M
municipal

WASHINGTON SUBN SAN DIST MD 4%

2.98 9M
municipal

MARYLAND ST 5%

2.88 9M
municipal

MARYLAND ST ECONOMIC DEV CORP STUDENT HSG REV 5%

2.31 7M
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.25%

2.03 6M
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.5%

1.74 5M
municipal

MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV 5.25%

1.70 5M
municipal

Sponsor Center