FRMTX Mutual Fund
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 1.24%, holding 225 positions across sectors including Financials, Utilities, Consumer Discretionary. Inception date: 1995-05-01.
FRMTX performance shows a YTD return of 0.08%. The 1-year return is 4.40% and the 5-year return is -0.53%. FRMTX dividend yield stands at 2.81%, paid monthly.
FRMTX 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 FRMTX holdings, FRMTX sectors, or FRMTX dividends.
FRMTX can be compared against other funds. Use FRMTX overlap to find shared positions, or FRMTX vs another fund for a side-by-side view. FRMTX alternatives are available via the screener, along with tax-loss harvesting opportunities.