Franklin Massachusetts Tax-Free Income Fund Class R6 (FKTMX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.21
0.00 (0.00%)
At close: Jun 27, 2025
-3.41% (1Y)
| Fund Assets | 434.36M |
| Expense Ratio | 0.59% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.16% |
| Dividend Growth | 3.54% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 10.21 |
| YTD Return | -2.17% |
| 1-Year Return | -0.20% |
| 5-Year Return | -2.37% |
| 52-Week Low | 9.97 |
| 52-Week High | 10.80 |
| Beta (5Y) | n/a |
| Holdings | 111 |
| Inception Date | Aug 1, 2017 |
About FKTMX
The Franklin Massachusetts Tax-Free Income Fund Class R6 (FKTMX) seeks to provide a high level of income exempt from federal income taxes and Massachusetts state personal income taxes. Under normal market conditions, each 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.
Category Muni Massachusetts
Stock Exchange NASDAQ
Ticker Symbol FKTMX
Share Class Class R6
Index Bloomberg Municipal Bond TR
Performance
FKTMX had a total return of -0.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.01%.
Top 10 Holdings
28.26% of assets| Name | Symbol | Weight |
|---|---|---|
| MASSACHUSETTS ST TRANSN FD REV 5% | MA.MASTRN 5 06.01.2048 | 4.61% |
| MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5% | MA.MASGEN 5.5 01.01.2034 | 4.10% |
| MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV 1% | MA.MASMED 07.01.2031 | 3.88% |
| MASSACHUSETTS ST 5% | MA.MAS 5 12.01.2053 | 3.12% |
| MASSACHUSETTS ST HEALTH & EDL FACS AUTH 5.5% | MA.MASMED 5.5 06.01.2035 | 3.01% |
| MASSACHUSETTS ST DEV FIN AGY REV 5% | MA.MASDEV 5 12.01.2046 | 2.08% |
| MASSACHUSETTS ST DEV FIN AGY REV 5.25% | MA.MASDEV 5.25 07.01.2050 | 2.01% |
| MASSACHUSETTS ST DEV FIN AGY REV 5.5% | MA.MASDEV 5.5 08.15.2050 | 1.89% |
| MASSACHUSETTS ST WTR RES AUTH 5.25% | MA.MASWTR 5.25 08.01.2028 | 1.81% |
| MASSACHUSETTS ST HSG FIN AGY 3.5% | MA.MASHSG 3.5 12.01.2031 | 1.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.02947 | May 30, 2025 |
| Apr 30, 2025 | $0.02702 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02639 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02427 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02788 | Jan 31, 2025 |
| Dec 31, 2024 | $0.0275 | Dec 31, 2024 |