Franklin Minnesota Tax-Free Income Fund Advisor Class (FMNZX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.83
+0.03 (0.28%)
At close: Apr 25, 2025
-1.72% (1Y)
| Fund Assets | 972.34M |
| Expense Ratio | 0.59% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.03% |
| Dividend Growth | 5.12% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 10.80 |
| YTD Return | -2.00% |
| 1-Year Return | 2.03% |
| 5-Year Return | 0.49% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 191 |
| Inception Date | Jul 1, 2009 |
About FMNZX
The Franklin Minnesota Tax-Free Income Fund Advisor Class (FMNZX) seeks to provide as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders' capital. FMNZX also tries to provide a maximum level of income exempt from personal income taxes for resident shareholders of Minnesota.
Category Muni Minnesota
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FMNZX
Share Class Advisor Class
Index Bloomberg Municipal Bond TR
Performance
FMNZX had a total return of 2.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.95%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIMIX | Fidelity | Fidelity Minnesota Municipal Income Fund | 0.47% |
Top 10 Holdings
25.67% of assets| Name | Symbol | Weight |
|---|---|---|
| ALEXANDRIA MINN INDPT SCH DIST NO 206 3% | MN ALESCD 3 02.01.2037 | 4.21% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% | MN MINAPT 5 01.01.2041 | 3.28% |
| NORTH ST PAUL MAPLEWOOD MINN INDPT SCH DIST NO 622 3% | MN NSPSCD 3 02.01.2046 | 2.80% |
| FRIDLEY MINN MULTIFAMILY HSG REV 5.75% | MN FRIMFH 5.75 06.01.2041 | 2.56% |
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5% | MN DULDEV 5 02.15.2053 | 2.45% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% | MN MINAPT 5 01.01.2046 | 2.29% |
| MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4% | MN MGAUTL 12.01.2052 | 2.14% |
| ST PAUL MINN WTR REV 4% | MN STPWTR 4 12.01.2046 | 2.07% |
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25% | MN DULDEV 5.25 02.15.2053 | 2.06% |
| PRIOR LAKE MINN INDPT SCH DIST NO 719 0% | MN PRRSCD 0 02.01.2028 | 1.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.03021 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0289 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02805 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03232 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03062 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03037 | Nov 29, 2024 |