Franklin MA Tax-Free Income R6 (FKTMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.37

-0.01 (-0.10%)

At close: Aug 26, 2026

2.07% (1Y)

Fund Assets	331.41M
Expense Ratio	0.60%
Min. Investment	$1,000,000
Turnover	21.12%
Dividend (ttm)	0.35
Dividend Yield	3.41%
Dividend Growth	8.53%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	10.38
YTD Return	0.52%
1-Year Return	5.56%
5-Year Return	0.69%
52-Week Low	10.15
52-Week High	10.65
Beta (5Y)	0.03
Holdings	122
Inception Date	Aug 1, 2017

About FKTMX

Franklin Massachusetts Tax-Free Income Fund Class R6 is a municipal bond mutual fund designed to provide investors with a high level of income that is exempt from both federal income taxes and Massachusetts state personal income taxes. The fund primarily invests at least 80% of its assets in tax-exempt municipal securities issued by entities within Massachusetts, including various types of government and revenue-backed bonds. This focus makes it particularly relevant for Massachusetts residents seeking to maximize after-tax income. Managed by Franklin Advisers, Inc., the fund employs a diversified portfolio of over 100 holdings, aiming to balance income generation with credit quality and interest rate sensitivity. Its structure is tailored to institutional investors, reflected in its high minimum investment requirement. With monthly income distributions and a targeted mandate of tax efficiency, the fund plays a significant role in the municipal bond market by supporting local infrastructure projects while offering investors a tool for tax-advantaged income.

Fund Family Franklin Templeton Investments

Category Muni Massachusetts

Performance Rating Average

Risk Rating Above Average

Stock Exchange NASDAQ

Ticker Symbol FKTMX

Share Class Class R6

Index Bloomberg Municipal Bond TR

Performance

FKTMX had a total return of 5.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.64%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FMAHX	Advisor Class	0.65%
FMISX	Class A1	0.75%
FMAQX	Class A	0.90%
FMAIX	Class C	1.30%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03241	Jul 31, 2026
Jun 30, 2026	$0.02919	Jun 30, 2026
May 29, 2026	$0.02946	May 29, 2026
Apr 30, 2026	$0.02905	Apr 30, 2026
Mar 31, 2026	$0.03057	Mar 31, 2026
Feb 27, 2026	$0.02585	Feb 27, 2026

Full Dividend History