Franklin MN Tax-Free Inc R6 (FKTDX)

Fund Assets	530.87M
Expense Ratio	0.57%
Min. Investment	$1,000,000
Turnover	5.26%
Dividend (ttm)	0.38
Dividend Yield	3.61%
Dividend Growth	3.00%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.47
YTD Return	-3.85%
1-Year Return	-2.78%
5-Year Return	-1.23%
52-Week Low	10.27
52-Week High	11.45
Beta (5Y)	0.02
Holdings	198
Inception Date	Aug 1, 2017

About FKTDX

Franklin Minnesota Tax-Free Income Fund Class R6 is a municipal bond mutual fund that seeks to provide investors with a high level of income exempt from regular federal income taxes and Minnesota personal income taxes. Its primary function is to invest at least 80% of its assets in securities whose interest income is free from federal income taxes, including the federal alternative minimum tax, offering tax efficiency to investors—particularly Minnesota residents. This fund primarily focuses on debt securities issued by Minnesota state and local governments or agencies, thereby supporting infrastructure and public projects across the state. With a Class R6 share structure, it is designed for institutional investors and typically features lower expenses. The fund plays a crucial role in the municipal bond market by channeling capital into essential public endeavors while delivering steady, tax-advantaged monthly income for shareholders. Its portfolio generally holds a diversified mix of municipal bonds, balancing income generation and capital preservation within the tax-exempt investment space.

• Fund Family: Franklin Templeton, Inc
• Category: Muni Minnesota
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FKTDX
• Share Class: Class R6
• Index: Bloomberg Municipal Bond TR

Performance

FKTDX had a total return of -2.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.33%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FMNZX	Advisor Class	0.60%
FMINX	Class A1	0.70%
FMNQX	Class A	0.85%
FMNIX	Class C	1.25%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03174	Sep 30, 2026
Aug 31, 2026	$0.03055	Aug 31, 2026
Jul 31, 2026	$0.03504	Jul 31, 2026
Jun 30, 2026	$0.03176	Jun 30, 2026
May 29, 2026	$0.03268	May 29, 2026
Apr 30, 2026	$0.03169	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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