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Morningstar

Franklin MN Tax-Free Inc A1 FMINX

Morningstar Analyst Rating
Quantitative rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 11.30  /  0.08 %
  • Total Assets 834.9 Mil
  • Adj. Expense Ratio
    —
  • Expense Ratio 0.680%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Muni Minnesota
  • Credit Quality / Interest Rate Sensitivity High / Extensive
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 2.51%
  • Effective Duration 7.19 years

USD | NAV as of Feb 08, 2023 | 1-Day Return as of Feb 08, 2023, 11:13 PM GMT+00:00

Morningstar’s Analysis FMINX

Will FMINX 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 FMINX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

Summary

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Weakness in Franklin MN Tax-Free Inc A1's People and Process Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Neutral. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

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