FRMTX Mutual Fund

FRMTX Mutual Fund (Franklin Michigan Tax-Free Income Fund Class C) is managed by Franklin Templeton Investments (US) with $9.8M in net assets. FRMTX expense ratio is 1.24%, holding 234 positions across sectors including Financials, Utilities, Consumer Discretionary. Inception date: 1995-05-01.

FRMTX performance shows a YTD return of -1.11%. The 1-year return is -0.86% and the 5-year return is -0.57%. FRMTX dividend yield stands at 2.64%, paid monthly.

FRMTX 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 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.