Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Franklin MD Tax Free Income C FMDIX
- NAV / 1-Day Return 10.25 / −0.46 %
- Total Assets 313.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.290%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Muni Single State Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.63%
- Effective Duration 6.51 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis FMDIX
Will FMDIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 29.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MARYLAND ST STAD AUTH REV | 4.19 | 13.0 Mil | municipal |
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV | 3.34 | 10.4 Mil | municipal |
HOWARD CNTY MD HSG COMMN REV | 3.29 | 10.2 Mil | municipal |
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV | 3.22 | 10.0 Mil | municipal |
WASHINGTON SUBN SAN DIST MD | 3.09 | 9.6 Mil | municipal |
MARYLAND ST | 2.98 | 9.3 Mil | municipal |
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV | 2.79 | 8.7 Mil | municipal |
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV | 2.43 | 7.5 Mil | municipal |
BALTIMORE CNTY MD | 2.16 | 6.7 Mil | municipal |
MARYLAND ST ECONOMIC DEV CORP ECONOMIC DEV REV | 1.73 | 5.4 Mil | municipal |