Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

  • Fund Type: Open-End Fund
  • Objective: Muni Single State Long
  • Asset Class: Fixed Income
  • Geographic Focus: Michigan

Franklin Michigan Tax-Free Income Fund

+ Add to Watchlist

FMTFX:US

12.01 USD 0.01 0.08%

As of 09:29:30 ET on 03/27/2015.

Snapshot for Franklin Michigan Tax-Free Income Fund (FMTFX)

Year To Date: -0.06% 3-Month: +0.49% 3-Year: +3.23% 52-Week Range: 11.67 - 12.23
1-Month: -0.41% 1-Year: +6.61% 5-Year: - Beta vs LMBITR: 1.09

Mutual Fund Chart for FMTFX

No chart data available.
  • FMTFX:US 12.01
  • 1M
  • 1Y
Interactive FMTFX Chart

Previous Close

No chart data available.
Interactive Chart
  • 1W
  • 1M
  • YTD
  • 1Y
  • 3Y
  • 5Y
Close:
Open:
High:
Low:
Volume:
Recently Viewed Symbols
Save as Watchlist
Saving as watchlist...

Fund Profile & Information for FMTFX

Franklin Michigan Tax-Free Income Fund is an open-end fund incorporated in the USA. The Fund's objective is a high level of income exempt from federal income tax and Michigan state personal income tax. The Fund invests mainly in Michigan municipal securities.

Inception Date: 07-01-2008 Telephone: (800) 632-2350
Managers: JOHN POMEROY / JIM CONN
Web Site: www.franklintempleton.com

Fundamentals for FMTFX

NAV (on 2015-03-27) 12.01
Assets (M) (on 2015-02-27) 1,136.31
Fund Leveraged N
Minimum Investment 1,000.00
Minimum Subsequent Investment -

Dividends for FMTFX

Dividend Type Income
Dividend Frequency Monthly
Last Dividend Net (on 2015-02-27) 0.04
Dividend Yield (ttm) 3.86

Fees & Expenses for FMTFX

Front Load 0.00
Back Load 0.00
Current Mgmt Fee 0.46
Redemption Fee 0.00
12b1 Fee 0.00
Expense Ratio 0.53

Top Fund Holdings for FMTFX

Filing Date: 12/31/2014
Name Position Value % of Total
MICHIGAN HOSP-TRINITY 25,000 29,326,250 2.581%
DETROIT WTR-SR LIEN-A 25,725 26,308,958 2.315%
WAYNE UNIV-REF-GEN 23,550 26,238,704 2.309%
WAYNE UNIV-REF-GEN 22,435 24,820,065 2.184%
MI ST BLDG AUTH-REF 21,000 21,704,760 1.910%
MI HOSP FIN-TRINITY-B 20,000 21,588,800 1.900%
DETROIT WTR-RF-C 20,000 20,390,000 1.794%
ROYAL OAK HOSP FIN -D 17,500 19,656,525 1.730%
DETROIT WTR SR LIEN-B 17,500 19,201,350 1.690%
PR S/TAX-1ST SUB-B 25,000 18,914,000 1.664%

Quotes delayed, except where indicated otherwise. Mutual fund NAVs include dividends. All prices in local currency. Time is ET.

Sponsored Link
Advertisement
Advertisement
Sponsored Links
Advertisements
sec ||= nil