FMTFX Mutual Fund

FMTFX Mutual Fund

NAV$10.25
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Fund Essentials - as of Feb 28, 2026

Net Assets
-
Expense Ratio
0.59%
Dividend Yield (Current)
3.18%
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+0.91%
1 Year+6.30%
3 Year+3.22%
5 Year+0.11%
10 Year+1.58%

Asset Allocation

Bonds: 100.00%
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Top Holdings

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TickerNameWeight
PR PRCGEN 5 07/01/20Puerto Rico Sales Tax Fing Corp Sales Tax Revenue 07/01/20581.91%
MI MISFAC 5 04/15/20Michigan (state Of) Building Authority (facilities Program), Series 2016 I, Ref. Rb1.83%
MI MISFIN 5 11/01/20Michigan Finance Authority, Hospital Revenue Bonds, Beaumont Health Credit Group, Series 2016A1.81%
-Trenton Public Schools School District1.77%
-Michigan Finance Authority, Hospital Revenue Bonds, Bronson Healthcare Group, Inc., Refunding Series 2019A 5 05/15/20541.67%
Top 10 Concentration: 16.53%Report Date: Feb 28, 2026
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Dividend Summary

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Dividend Yield (Current)
3.18%
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, Consumer Discretionary, Utilities. Inception date: 2008-07-01.

FMTFX performance shows a YTD return of 0.91%. The 1-year return is 6.30% and the 5-year return is 0.11%. FMTFX dividend yield stands at 3.18%, paid monthly.

FMTFX top holdings include Puerto Rico Sales Tax Fing Corp Sales Tax Revenue 07/01/2058 (1.9%), Michigan (state Of) Building Authority (facilities Program), Series 2016 I, Ref. Rb (1.8%), Michigan Finance Authority, Hospital Revenue Bonds, Beaumont Health Credit Group, Series 2016A (1.8%), Trenton Public Schools School District (1.8%), Michigan Finance Authority, Hospital Revenue Bonds, Bronson Healthcare Group, Inc., Refunding Series 2019A 5 05/15/2054 (1.7%). 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.