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Franklin MA Tax-Free Income A1 FMISX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.41  /  −0.28 %
  • Total Assets 286.1 Mil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 2.79%
  • Effective Duration 6.43 years

USD | NAV as of May 29, 2024 | 1-Day Return as of May 29, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FMISX

Will FMISX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Franklin MA Tax-Free Income 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.

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Portfolio Holdings FMISX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 25.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5%

4.82 14.0 Mil
municipal

MASSACHUSETTS ST HEALTH & EDL FACS AUTH 5.5%

3.60 10.5 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 4%

2.52 7.4 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

2.45 7.1 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

2.34 6.8 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 4%

2.14 6.3 Mil
municipal

MASSACHUSETTS ST WTR RES AUTH 5.25%

2.09 6.1 Mil
municipal

MASSACHUSETTS ST HSG FIN AGY 3.5%

1.99 5.8 Mil
municipal

MASSACHUSETTS ST TRANSN FD REV 5%

1.86 5.4 Mil
municipal

UNIVERSITY MASS BLDG AUTH PROJ REV 5.25%

1.85 5.4 Mil
municipal