FMNIX Mutual Fund

NAV$11.20

Fund Essentials - as of Feb 28, 2026

Net Assets
$147M
Expense Ratio
1.23%
Dividend Yield (Current)
2.38%
Holdings
195
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+1.49%
1 Year+6.67%
3 Year+3.15%
5 Year-0.17%
10 Year+0.96%

Asset Allocation

Bonds: 100.00%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
-Alexandria Minn Indpt Sch Dist No 2064.83%
MN NSPSCD 3 02/01/20North St Paul-maplewood-oakdale Independent School District No 6223.03%
-Fridley Mn Mf Hsg Revenue 5.75 2041/06/012.75%
-Duluth Economic Development Authority 5% 02/15/20532.57%
MN MINAPT 5 01/01/20Minneapolis-st Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016c2.36%
Top 10 Concentration: 25.16%Report Date: Feb 28, 2026
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Dividend Summary

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Dividend Yield (Current)
2.38%
Frequency
Monthly
Latest Distribution
$0.02
-

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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FMNIX Mutual Fund Overview

FMNIX Mutual Fund (Franklin Minnesota Tax-Free Income Fund Class C) is managed by Franklin Templeton Investments (US) with $146.6M in net assets. FMNIX expense ratio is 1.23%, holding 195 positions across sectors including Other, Financials, Health Care. Inception date: 1995-05-01.

FMNIX performance shows a YTD return of 1.49%. The 1-year return is 6.67% and the 5-year return is -0.17%. FMNIX dividend yield stands at 2.38%, paid monthly.

FMNIX top holdings include Alexandria Minn Indpt Sch Dist No 206 (4.8%), North St Paul-maplewood-oakdale Independent School District No 622 (3.0%), Fridley Mn Mf Hsg Revenue 5.75 2041/06/01 (2.8%), Duluth Economic Development Authority 5% 02/15/2053 (2.6%), Minneapolis-st Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016c (2.4%). View all FMNIX holdings, sector breakdown, or dividend history.

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