FRMTX Mutual Fund
FRMTX Mutual Fund
Franklin Michigan Tax-Free Income Fund Class C
FRMTX Mutual Fund Overview
FRMTX Mutual Fund (Franklin Michigan Tax-Free Income Fund Class C) is managed by Franklin Templeton Investments (US). FRMTX expense ratio is 1.22%, holding 225 positions across sectors including Other, Financials, Consumer Discretionary. Inception date: 1995-05-01.
FRMTX performance shows a YTD return of 2.27%. The 1-year return is 6.48% and the 5-year return is -0.06%. FRMTX dividend yield stands at 2.49%, paid monthly.
FRMTX 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 (state Of) Finance Authority (beaumont Health Credit Group), Series 2016, Rb (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%). View all FRMTX holdings, sector breakdown, or dividend history.
FRMTX can be compared against other funds using the overlap calculator or side-by-side comparison tool. FRMTX alternatives are available via the screener, along with tax-loss harvesting opportunities.