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Franklin MI Tax-Free Inc A1 FTTMX

Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.35  /  +0.03 %
  • Total Assets 674.3 Mil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.670%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 3.11%
  • Effective Duration 7.27 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:13 PM GMT+0

Morningstar’s Analysis FTTMX

Will FTTMX 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 MI 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.

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Portfolio Holdings FTTMX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 18.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MICHIGAN FIN AUTH REV 5%

2.42 16.7 Mil
municipal

MICHIGAN FIN AUTH REV 4%

2.31 15.9 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.90 13.1 Mil
municipal

MICHIGAN ST BLDG AUTH REV 5%

1.83 12.7 Mil
municipal

MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 3.1%

1.82 12.5 Mil
municipal

MICHIGAN FIN AUTH REV 5%

1.80 12.4 Mil
municipal

TRENTON MICH PUB SCHS SCH DIST 5%

1.78 12.3 Mil
municipal

MICHIGAN FIN AUTH REV 5%

1.65 11.4 Mil
municipal

LANSING MICH 5%

1.58 10.9 Mil
municipal

MICHIGAN ST BLDG AUTH REV 5%

1.51 10.4 Mil
municipal