Franklin Michigan Tax-Free Income Fund Class C
FRMTX
NASDAQ
| Weiss Ratings | FRMTX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Weak | |||
| Reward Grade | D | |||
| Risk Index | Fair | |||
| Risk Grade | C | |||
| Company Info | FRMTX-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 | FRMTX-NASDAQ | Click to Compare |
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| Fund Name | Franklin Michigan Tax-Free Income Fund Class C | |||
| Category | Muni Single State Long | |||
| Sub-Category | US Municipal Fixed Income | |||
| Prospectus Objective | Municipal Bond - Single State | |||
| Inception Date | May 01, 1995 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,000.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | -- | |||
| Back End Fee | 0.01 | |||
| Dividends and Shares | FRMTX-NASDAQ | Click to Compare |
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| Dividend Yield | 2.76% | |||
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FRMTX-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 | FRMTX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.85% | |||
| 30-Day Total Return | -0.66% | |||
| 60-Day Total Return | -0.15% | |||
| 90-Day Total Return | 0.05% | |||
| Year to Date Total Return | 0.16% | |||
| 1-Year Total Return | 2.52% | |||
| 2-Year Total Return | 5.35% | |||
| 3-Year Total Return | 7.28% | |||
| 5-Year Total Return | -1.51% | |||
| Price | FRMTX-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 | FRMTX-NASDAQ | Click to Compare |
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| Nav | $10.56 | |||
| 1-Month Low NAV | $10.47 | |||
| 1-Month High NAV | $10.67 | |||
| 52-Week Low NAV | $10.13 | |||
| 52-Week Low NAV (Date) | Apr 09, 2025 | |||
| 52-Week High NAV | $10.74 | |||
| 52-Week High Price (Date) | Feb 27, 2026 | |||
| Beta / Standard Deviation | FRMTX-NASDAQ | Click to Compare |
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| Beta | 0.96 | |||
| Standard Deviation | 5.54 | |||
| Balance Sheet | FRMTX-NASDAQ | Click to Compare |
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| Total Assets | 642.45M | |||
| Operating Ratios | FRMTX-NASDAQ | Click to Compare |
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| Expense Ratio | 1.22% | |||
| Turnover Ratio | 12.42% | |||
| Performance | FRMTX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 4.38% | |||
| Last Bear Market Total Return | -4.23% | |||