FTTMX Mutual Fund

FTTMX Mutual Fund

NAV$10.21
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Fund Essentials - as of Sep 30, 2026

Net Assets
$327M
Expense Ratio
0.70%
Dividend Yield (Current)
3.22%
Holdings
234
Inception Date
Apr 3, 1985
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-0.36%
3 Year+4.57%
5 Year+0.01%
10 Year+1.44%

Asset Allocation

Stocks: 0.43%
Bonds: 99.57%
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Top Holdings

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TickerNameWeight
PR PRCGEN 5 07/01/20Puerto Rico Sales Tax Financing Corp Sa 5.000 07/01/20581.98%
-Trenton Public Schools School District1.89%
MI MISFIN 5 11/01/20Michigan (state Of) Finance Authority (beaumont Health Credit Group), Series 2016, Rb1.85%
MI LAN 5 06/01/2048City Of Lansing Mi 5 06/01/20481.65%
MI LANUTL 5 07/01/20Lansing Board Of Water & Light 5 07/01/20541.54%
Top 10 Concentration: 15.78%Report Date: Sep 30, 2026
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Dividend Summary

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Dividend Yield (Current)
3.22%
Frequency
Monthly
Latest Distribution
$0.03
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

FTTMX Mutual Fund Overview

FTTMX Mutual Fund (Franklin Michigan Tax-Free Income Fund Class A1) is managed by Franklin Templeton Investments (US) with $326.9M in net assets. FTTMX expense ratio is 0.70%, holding 234 positions across sectors including Financials, Utilities, Consumer Discretionary. Inception date: 1985-04-03.

FTTMX performance shows a YTD return of -0.62%. The 1-year return is -0.36% and the 5-year return is 0.01%. FTTMX dividend yield stands at 3.22%, paid monthly.

FTTMX 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 FTTMX holdings, FTTMX sectors, or FTTMX dividends.

FTTMX can be compared against other funds. Use FTTMX overlap to find shared positions, or FTTMX vs another fund for a side-by-side view. FTTMX alternatives are available via the screener, along with tax-loss harvesting opportunities.