Franklin Maryland Tax Free Income Fund Class A1 (FMDTX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.89
0.00 (0.00%)
At close: Jun 27, 2025
-0.10% (1Y)
| Fund Assets | 321.55M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.30% |
| Dividend Growth | -0.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 9.89 |
| YTD Return | 1.29% |
| 1-Year Return | 3.48% |
| 5-Year Return | 3.94% |
| 52-Week Low | 9.30 |
| 52-Week High | 10.09 |
| Beta (5Y) | 0.27 |
| Holdings | 111 |
| Inception Date | Oct 3, 1988 |
About FMDTX
The Franklin Maryland Tax Free Income Fund Class A1 (FMDTX) seeks to provide a high level of income exempt from federal income taxes and Maryland state personal income taxes. Under normal market conditions, the Fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes as well as Maryland state taxes.
Fund Family Franklin A1
Category Muni Single State Long
Stock Exchange NASDAQ
Ticker Symbol FMDTX
Share Class Class A1
Index Bloomberg Municipal Bond TR
Performance
FMDTX had a total return of 3.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.25%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| SMDMX | Fidelity | Fidelity Maryland Municipal Income Fund | 0.55% |
Top 10 Holdings
27.30% of assets| Name | Symbol | Weight |
|---|---|---|
| MARYLAND ST STAD AUTH REV 5% | MD.MDSFAC 5 05.01.2050 | 3.73% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5% | MD.MDSMED 5 07.01.2039 | 3.22% |
| HOWARD CNTY MD HSG COMMN REV 5% | MD.HWRHSG 5 10.01.2028 | 3.19% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.5% | MD.MDSMED 5.5 01.01.2046 | 3.11% |
| MARYLAND ST 5% | MD.MDS 5 06.01.2037 | 2.76% |
| WASHINGTON SUBN SAN DIST MD 4% | MD.WASUTL 4 06.01.2049 | 2.76% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5% | MD.MDSMED 5 07.01.2040 | 2.72% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5% | MD.MDSMED 5 07.01.2044 | 2.21% |
| BALTIMORE CNTY MD 5% | MD.BAL 5 03.01.2053 | 1.96% |
| MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV 5.25% | MD.MDSTRN 5.25 08.01.2054 | 1.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.02932 | May 30, 2025 |
| Apr 30, 2025 | $0.02768 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02649 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02477 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02849 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02745 | Dec 31, 2024 |