Franklin MA Tax-Free Income Adv (FMAHX)
| Fund Assets | 340.86M |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000 |
| Turnover | 21.12% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.25% |
| Dividend Growth | 7.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.58 |
| YTD Return | 2.03% |
| 1-Year Return | 6.68% |
| 5-Year Return | 1.56% |
| 52-Week Low | 10.07 |
| 52-Week High | 10.64 |
| Beta (5Y) | 0.04 |
| Holdings | 121 |
| Inception Date | Jul 1, 2009 |
About FMAHX
Franklin Massachusetts Tax-Free Income Fund Advisor Class is a municipal bond mutual fund designed to provide investors with a high level of income exempt from both regular federal income taxes and Massachusetts personal income taxes. Its primary function is to invest primarily in high-quality municipal securities issued within Massachusetts, ensuring that most of the income generated is tax-free for state residents. This fund typically holds a diversified portfolio of bonds serving public projects such as schools, infrastructure, and utilities across Massachusetts, making it particularly relevant for investors seeking tax-efficient income within the state. The fund appeals to individuals and institutions aiming to enhance after-tax returns through municipal bond exposure while potentially reducing portfolio volatility relative to other fixed income sectors. As part of the broader municipal bond market, this fund plays a key role in channeling capital into public sector development, supporting essential community services, and helping meet the income and tax management goals of eligible investors.
Performance
FMAHX had a total return of 6.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.18%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FDMMX | Fidelity | Fidelity Massachusetts Municipal Income Fund | 0.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02879 | Jun 30, 2026 |
| May 29, 2026 | $0.02901 | May 29, 2026 |
| Apr 30, 2026 | $0.02871 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03015 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02658 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02907 | Jan 30, 2026 |