FMAIX Mutual Fund

NAV$10.54

Fund Essentials - as of Feb 28, 2026

Net Assets
$33M
Expense Ratio
1.30%
Dividend Yield (Current)
2.33%
Holdings
113
Inception Date
May 1, 1995
Fund Family
Franklin Templeton Investments (US)
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+2.07%
1 Year+6.38%
3 Year+2.68%
5 Year-0.42%
10 Year+0.80%

Asset Allocation

Bonds: 100.00%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
-Commonwealth OfMassachusetts 5.50% 01/01/344.17%
MA MAS 5 01/01/2049Massachusetts St-A 01/01/20493.12%
MA MASMED 5.5 06/01/Massachusetts St Hlth & Eductnl Facs Auth Revenue3.05%
-Massachusetts Development Finance Agency 5.25% 07/01/20452.84%
-Massachusetts Health & Educational Facilities Authority, Series 2001 J-22.15%
Top 10 Concentration: 24.77%Report Date: Feb 28, 2026
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Dividend Summary

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Dividend Yield (Current)
2.33%
Frequency
Monthly
Latest Distribution
$0.01
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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Category rank, peer-average returns and outperformance, updated daily.
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FMAIX Mutual Fund Overview

FMAIX Mutual Fund (Franklin Massachusetts Tax-Free Income Fund Class C) is managed by Franklin Templeton Investments (US) with $33.0M in net assets. FMAIX expense ratio is 1.30%, holding 113 positions across sectors including Other, Financials, Health Care. Inception date: 1995-05-01.

FMAIX performance shows a YTD return of 2.07%. The 1-year return is 6.38% and the 5-year return is -0.42%. FMAIX dividend yield stands at 2.33%, paid monthly.

FMAIX top holdings include Commonwealth OfMassachusetts 5.50% 01/01/34 (4.2%), Massachusetts St-A 01/01/2049 (3.1%), Massachusetts St Hlth & Eductnl Facs Auth Revenue (3.0%), Massachusetts Development Finance Agency 5.25% 07/01/2045 (2.8%), Massachusetts Health & Educational Facilities Authority, Series 2001 J-2 (2.1%). View all FMAIX holdings, sector breakdown, or dividend history.

FMAIX can be compared against other funds using the overlap calculator or side-by-side comparison tool. FMAIX alternatives are available via the screener, along with tax-loss harvesting opportunities.