FMTFX Mutual Fund

FMTFX Mutual Fund

NAV$9.88
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Fund Essentials - as of Jul 31, 2026

Net Assets
-
Expense Ratio
0.59%
Dividend Yield (Current)
3.51%
Holdings
225
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+0.62%
1 Year+5.14%
3 Year+3.58%
5 Year+0.14%
10 Year+1.53%

Asset Allocation

Bonds: 100.22%
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Top Holdings

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TickerNameWeight
-Grand Traverse County Hospital Finance Authority 07/01/20412.14%
PR PRCGEN 5 07/01/20Puerto Rico Sales Tax Financing Corp Sa 5.000 07/01/20581.90%
MI MISFAC 5 04/15/20Michigan (state Of) Building Authority (facilities Program), Series 2016 I, Ref. Rb1.86%
MI MISFIN 5 11/01/20Michigan (state Of) Finance Authority (beaumont Health Credit Group), Series 2016, Rb1.85%
-Trenton Public Schools School District1.79%
Top 10 Concentration: 17.10%Report Date: Jul 31, 2026
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Dividend Summary

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Dividend Yield (Current)
3.51%
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). FMTFX expense ratio is 0.59%, holding 225 positions across sectors including Financials, Utilities, Consumer Discretionary. Inception date: 2008-07-01.

FMTFX performance shows a YTD return of 0.62%. The 1-year return is 5.14% and the 5-year return is 0.14%. FMTFX dividend yield stands at 3.51%, paid monthly.

FMTFX top holdings include Grand Traverse County Hospital Finance Authority 07/01/2041 (2.1%), Puerto Rico Sales Tax Financing Corp Sa 5.000 07/01/2058 (1.9%), Michigan (state Of) Building Authority (facilities Program), Series 2016 I, Ref. Rb (1.9%), Michigan (state Of) Finance Authority (beaumont Health Credit Group), Series 2016, Rb (1.9%), Trenton Public Schools School District (1.8%). 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.