Franklin Michigan Tax-Free Income Fund Class A
FMQTX
NASDAQ
| Weiss Ratings | FMQTX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Weak | |||
| Reward Grade | D | |||
| Risk Index | Fair | |||
| Risk Grade | C | |||
| Company Info | FMQTX-NASDAQ | Click to Compare |
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| Provider | Franklin Templeton Investments | |||
| Manager/Tenure (Years) | John Bonelli (5), Michael J. Conn (5), Christopher S. Sperry (5), 1 other | |||
| Website | http://www.franklintempleton.com | |||
| Fund Information | FMQTX-NASDAQ | Click to Compare |
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| Fund Name | Franklin Michigan Tax-Free Income Fund Class A | |||
| Category | Muni Single State Long | |||
| Sub-Category | US Municipal Fixed Income | |||
| Prospectus Objective | Municipal Bond - Single State | |||
| Inception Date | Sep 10, 2018 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,000.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | 0.04 | |||
| Back End Fee | -- | |||
| Dividends and Shares | FMQTX-NASDAQ | Click to Compare |
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| Dividend Yield | 3.21% | |||
| Dividend | FMQTX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FMQTX-NASDAQ | Click to Compare |
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| Cash | 0.07% | |||
| Stock | 0.00% | |||
| U.S. Stock | 0.00% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 99.92% | |||
| U.S. Bond | 97.29% | |||
| Non-U.S. Bond | 2.63% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 0.00% | |||
| Price History | FMQTX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.88% | |||
| 30-Day Total Return | -0.63% | |||
| 60-Day Total Return | -0.08% | |||
| 90-Day Total Return | 0.15% | |||
| Year to Date Total Return | 0.18% | |||
| 1-Year Total Return | 2.99% | |||
| 2-Year Total Return | 6.30% | |||
| 3-Year Total Return | 8.72% | |||
| 5-Year Total Return | 0.69% | |||
| Price | FMQTX-NASDAQ | Click to Compare |
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| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | FMQTX-NASDAQ | Click to Compare |
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| Nav | $10.40 | |||
| 1-Month Low NAV | $10.32 | |||
| 1-Month High NAV | $10.51 | |||
| 52-Week Low NAV | $9.98 | |||
| 52-Week Low NAV (Date) | Apr 09, 2025 | |||
| 52-Week High NAV | $10.58 | |||
| 52-Week High Price (Date) | Feb 27, 2026 | |||
| Beta / Standard Deviation | FMQTX-NASDAQ | Click to Compare |
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| Beta | 0.96 | |||
| Standard Deviation | 5.54 | |||
| Balance Sheet | FMQTX-NASDAQ | Click to Compare |
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| Total Assets | 642.45M | |||
| Operating Ratios | FMQTX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.83% | |||
| Turnover Ratio | 12.42% | |||
| Performance | FMQTX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 4.61% | |||
| Last Bear Market Total Return | -4.10% | |||