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Franklin MN Tax-Free Inc C FMNIX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 11.35  /  0.01 %
  • Total Assets 707.2 Mil
  • Adj. Expense Ratio
    1.220%
  • Expense Ratio 1.220%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Muni Minnesota
  • Credit Quality / Interest Rate Sensitivity High / Extensive
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.29%
  • Effective Duration 7.23 years

Morningstar’s Analysis FMNIX

Will FMNIX outperform in future?

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

An upgrade in People Pillar rating is the primary driver of Franklin MN Tax-Free Inc C's upgrade to a Morningstar Medalist Rating of Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

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Portfolio Holdings FMNIX

  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 211
  • Other Holdings 1
  • % Assets in Top 10 Holdings 23.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ALEXANDRIA MINN INDPT SCH DIST NO 206 3%

3.99
28,471,946
municipal

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

3.03
21,615,670
municipal

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

2.65
18,939,396
municipal

DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5%

2.30
16,408,975
municipal

FRIDLEY MINN MULTIFAMILY HSG REV 5.75%

2.25
16,082,436
municipal

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

2.11
15,030,993
municipal

DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25%

1.93
13,806,214
municipal

MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4%

1.92
13,709,143
municipal

ST PAUL MINN WTR REV 4%

1.90
13,567,887
municipal

ROCHESTER MINN HEALTH CARE FACS REV 5%

1.61
11,484,285
municipal