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Morningstar

Franklin MN Tax-Free Inc A1 FMINX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 11.04  /  +0.01 %
  • Total Assets 691.9 Mil
  • Adj. Expense Ratio
    0.680%
  • 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 2.92%
  • Effective Duration 7.23 years

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0

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.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Franklin MN Tax-Free Inc A1 to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FMINX

More FMINX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ALEXANDRIA MINN INDPT SCH DIST NO 206 3%

3.98 28.1 Mil
municipal

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5%

3.08 21.7 Mil
municipal

NORTH ST PAUL MAPLEWOOD MINN INDPT SCH DIST NO 622 3%

2.63 18.5 Mil
municipal

FRIDLEY MINN MULTIFAMILY HSG REV 5.75%

2.32 16.4 Mil
municipal

DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5%

2.28 16.1 Mil
municipal

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5%

2.14 15.1 Mil
municipal

MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4%

1.96 13.8 Mil
municipal

ST PAUL MINN WTR REV 4%

1.92 13.5 Mil
municipal

DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25%

1.91 13.5 Mil
municipal

ROCHESTER MINN HEALTH CARE FACS REV 5%

1.62 11.4 Mil
municipal