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Franklin Michigan Tax-free Income Fd Cl Adv: (MF: FMTFX)
(NASDAQ Mutual Funds) As of Jan 15, 2026 05:43 PM ET
$10.51 USD
0.00 (NA)
Zacks MF Rank
3-Hold of 5 3
Latest Performance as of Dec 31, 2025
| Total Return %* | Percentile Rank Objective | |
|---|---|---|
| YTD | 3.37 | 52 |
| 3 months | 1.64 | 55 |
| 6 months | 4.47 | 64 |
| 1 Year | 3.38 | 52 |
| 3 Year | 3.87 | 30 |
| 5 Year | 0.28 | 58 |
| 10 Year | 1.92 | 29 |
* Annual for three years and beyond.
| Bull Market (9/02 - 10/07) | NA |
| Bear Market (10/07 - 2/09) | NA |
| Bull Market (2/09 - 3/21) | NA |
Load Adjusted Returns as of Dec 31, 2025
| 1 Year | 3.37 |
| 5 Year | 0.27 |
| 10 Year | 1.92 |
| Since Inception | 2.31 |
Quarterly Return
| 1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | |
|---|---|---|---|---|
| 2025 | -0.83 | -0.21 | 2.78 | 1.64 |
| 2024 | -0.05 | 0.52 | 2.53 | -0.78 |
| 2023 | 2.43 | 0.19 | -3.80 | 7.42 |
| 2022 | -6.37 | -4.03 | -3.93 | 3.61 |
| 2021 | -0.38 | 1.28 | -0.58 | 0.86 |
Annual Return
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| % Total Return | 3.37 | 2.21 | 6.06 | -10.56 | 1.17 | 5.05 | 7.35 | 1.02 | 3.39 | 1.26 |
| % Total Return Rel to Index | -0.87 | 1.27 | -0.33 | -2.04 | -0.34 | -0.14 | -0.20 | -0.26 | -2.05 | 1.02 |
| % Total Return Rel to Peer | -0.06 | 0.64 | 0.70 | -1.14 | -0.10 | 0.97 | 1.02 | 0.49 | 0.03 | 1.36 |
| % Perf Quintile vs Peer* | 0.00 | 0.00 | 2.00 | 4.00 | 3.00 | 1.00 | 1.00 | 2.00 | 4.00 | 1.00 |
| % Dividends | 0.35 | 0.34 | 0.33 | 0.30 | 0.29 | 0.28 | 0.34 | 0.36 | 0.38 | 0.42 |
| % Yield | 3.24 | 3.12 | 3.18 | 2.86 | 2.34 | 2.29 | 2.78 | 3.09 | 3.22 | 3.54 |
| Capital Gains ($) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expense Ratio | 0.58 | 0.58 | 0.58 | 0.58 | 0.57 | 0.57 | 0.59 | 0.57 | 0.55 | 0.54 |
* 1 = Top 20%, 5 = Bottom 20%