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Franklin MA Tax-Free Income C (FMAIX)

12.01 Down 0.02(0.17%) Oct 29
Prev Close:12.01
YTD Return*:8.56%
Net Assets*:501.99M
Yield*:3.07%

* As of 30-Sep-14

Quotes delayed, except where indicated otherwise. Currency in USD.

Headlines

  • No Headlines available for FMAIX at this time.

Top Holdings

Symbol% AssetsYTD Return %
Massachusetts Dept Transn Met Hwy Sys 5%3.57N/A
Massachusetts St Dev Fin Agy R Re 5.375%3.35N/A
Massachusetts St Sch Bldg Auth 4.75%3.27N/A
Massachusetts St Dev Fin Agy R Higher 5%2.69N/A
Massachusetts St Spl Obl Ded Ref Re 5.5%2.65N/A

Fund Basics

Morningstar Overall Rating:
Total Assets:501.99M
Category:Muni Massachusetts
Annual Report Expense Ratio (net):1.21%

Performance & Risk

YTD Return:8.56%
5y Avg Return:3.35%
Rank in Category (ytd):42
% Rank in Category (ytd):61.76%
Beta (3y):1.32
Morningstar Risk Rating:4

Fund Summary

The investment seeks to provide investors with as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. In addition, under normal market conditions, it invests at least 80% of its total assets in securities that pay interest free from the personal income taxes, if any, of Massachusetts. The fund also may invest up to 35% of its total assets in municipal securities issued by U.S. territories. View More
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