Franklin MO Tax Free Income A1 (FRMOX)
| Fund Assets | 603.14M |
| Expense Ratio | 0.68% |
| Min. Investment | $1,000 |
| Turnover | 7.70% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.42% |
| Dividend Growth | 2.56% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.29 |
| YTD Return | -0.42% |
| 1-Year Return | -1.04% |
| 5-Year Return | -0.29% |
| 52-Week Low | 9.79 |
| 52-Week High | 10.64 |
| Beta (5Y) | n/a |
| Holdings | 166 |
| Inception Date | Sep 1, 1987 |
About FRMOX
Franklin Missouri Tax-Free Income Fund Class A1 is a municipal bond mutual fund designed to provide investors with income exempt from both federal and Missouri state personal income taxes. The fund primarily invests in a diversified portfolio of Missouri municipal bonds, seeking to maintain high credit quality and minimize tax liabilities for residents of Missouri. At least 80% of its assets are devoted to securities whose interest is free from regular federal income tax and the federal alternative minimum tax, with a particular focus on local government and infrastructure-issued bonds. By targeting tax-exempt fixed income, the fund appeals especially to investors prioritizing income preservation and tax efficiency. Franklin Missouri Tax-Free Income Fund Class A1 has played a significant role in supporting local municipal projects, while also serving as a practical option for tax-aware investors in the Missouri region seeking relatively stable returns and lower taxable income liability. Access to this share class is limited to existing shareholders, while new investors may be directed to similar available classes.
Performance
FRMOX had a total return of -1.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.44%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
28.66% of assets| Name | Symbol | Weight |
|---|---|---|
| KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5% | MO.KANDEV 5 03.01.2046 | 5.04% |
| METROPOLITAN ST LOUIS MO SWR DIST WASTEWTR SYS REV 5% | MO.METUTL 5 05.01.2046 | 4.19% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5% | MO.MOSMED 5 12.01.2052 | 2.94% |
| SPRINGFIELD MO PUB UTILS BRD CTFS PARTN 4% | MO.SPRUTL 4 11.01.2047 | 2.91% |
| WENTZVILLE MO SCH DIST NO R-04 4% | MO.WENSCD 4 03.01.2038 | 2.56% |
| METROPOLITAN ST LOUIS MO SWR DIST WASTEWTR SYS REV 5% | MO.METUTL 5 05.01.2047 | 2.50% |
| ST LOUIS MO ARPT REV 5.5% | MO.STLAPT 5.5 07.01.2029 | 2.39% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5% | MO.MOSMED 5 06.01.2048 | 2.17% |
| KANSAS CITY MO INDL DEV AUTH REV 5.5% | MO.KANDEV 5.5 09.01.2030 | 2.03% |
| MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 5% | MO.MOSMED 5 10.01.2047 | 1.92% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02955 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03252 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03143 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02944 | Jun 30, 2025 |
| May 30, 2025 | $0.03242 | May 30, 2025 |
| Apr 30, 2025 | $0.03066 | Apr 30, 2025 |