FMTFX Mutual Fund

FMTFX Mutual Fund

NAV$10.24
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Fund Essentials - as of Sep 30, 2026

Net Assets
$133M
Expense Ratio
0.59%
Dividend Yield (Current)
3.30%
Holdings
234
Inception Date
Jul 1, 2008
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-0.64%
1 Year-0.27%
3 Year+4.65%
5 Year+0.10%
10 Year+1.53%

Asset Allocation

Stocks: 0.43%
Bonds: 99.57%
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Top Holdings

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TickerNameWeight
PR PRCGEN 5 07/01/20Puerto Rico Sales Tax Financing Corp Sa 5.000 07/01/20581.98%
-Trenton Public Schools School District1.89%
MI MISFIN 5 11/01/20Michigan (state Of) Finance Authority (beaumont Health Credit Group), Series 2016, Rb1.85%
MI LAN 5 06/01/2048City Of Lansing Mi 5 06/01/20481.65%
MI LANUTL 5 07/01/20Lansing Board Of Water & Light 5 07/01/20541.54%
Top 10 Concentration: 15.78%Report Date: Sep 30, 2026
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Dividend Summary

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Dividend Yield (Current)
3.30%
Frequency
Monthly
Latest Distribution
$0.03
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

FMTFX Mutual Fund Overview

FMTFX Mutual Fund (Franklin Michigan Tax-Free Income Fund Class Advisor) is managed by Franklin Templeton Investments (US) with $133.4M in net assets. FMTFX expense ratio is 0.59%, holding 234 positions across sectors including Financials, Utilities, Consumer Discretionary. Inception date: 2008-07-01.

FMTFX performance shows a YTD return of -0.64%. The 1-year return is -0.27% and the 5-year return is 0.10%. FMTFX dividend yield stands at 3.30%, paid monthly.

FMTFX top holdings include Puerto Rico Sales Tax Financing Corp Sa 5.000 07/01/2058 (2.0%), Trenton Public Schools School District (1.9%), Michigan (state Of) Finance Authority (beaumont Health Credit Group), Series 2016, Rb (1.9%), City Of Lansing Mi 5 06/01/2048 (1.6%), Lansing Board Of Water & Light 5 07/01/2054 (1.5%). Go to all FMTFX holdings, FMTFX sectors, or FMTFX dividends.

FMTFX can be compared against other funds. Use FMTFX overlap to find shared positions, or FMTFX vs another fund for a side-by-side view. FMTFX alternatives are available via the screener, along with tax-loss harvesting opportunities.