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Franklin Michigan Tax-free Income Fund Class A1: (MF: FTTMX)
(NASDAQ Mutual Funds) As of Dec 24, 2025 05:25 PM ET
$10.45 USD
+0.01 (0.10%)
Zacks MF Rank
3-Hold of 5 3
Latest Performance as of Nov 30, 2025
| Total Return %* | Percentile Rank Objective | |
|---|---|---|
| YTD | 3.28 | 53 |
| 3 months | 4.43 | 58 |
| 6 months | 5.12 | 59 |
| 1 Year | 2.00 | 45 |
| 3 Year | 3.71 | 37 |
| 5 Year | 0.25 | 64 |
| 10 Year | 1.87 | 38 |
* Annual for three years and beyond.
| Bull Market (9/02 - 10/07) | 21.42 |
| Bear Market (10/07 - 2/09) | 0.71 |
| Bull Market (2/09 - 3/21) | 61.03 |
Load Adjusted Returns as of Nov 30, 2025
| 1 Year | -2.74 |
| 5 Year | -0.56 |
| 10 Year | 1.39 |
| Since Inception | 4.75 |
Quarterly Return
| 1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | |
|---|---|---|---|---|
| 2025 | -0.76 | -0.33 | 2.86 | NA |
| 2024 | 0.01 | 0.40 | 2.51 | -0.81 |
| 2023 | 2.31 | 0.17 | -3.83 | 7.42 |
| 2022 | -6.33 | -4.07 | -3.96 | 3.60 |
| 2021 | -0.40 | 1.26 | -0.61 | 0.84 |
| 2020 | 0.56 | 2.09 | 0.76 | 1.47 |
Annual Return
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| % Total Return | 3.28 | 2.11 | 5.87 | -10.61 | 1.08 | 4.97 | 7.27 | 0.84 | 3.31 | 1.25 | 0.80 |
| % Total Return Rel to Index | -0.87 | 1.18 | -0.52 | -2.08 | -0.44 | -0.22 | -0.29 | -0.44 | -2.13 | 1.01 | -2.49 |
| % Total Return Rel to Peer | -0.06 | 0.54 | 0.52 | -1.18 | -0.20 | 0.89 | 0.93 | 0.31 | -0.04 | 1.36 | -1.47 |
| % Perf Quintile vs Peer* | 0.00 | 0.00 | 3.00 | 4.00 | 3.00 | 1.00 | 1.00 | 2.00 | 4.00 | 1.00 | 5.00 |
| % Dividends | 0.31 | 0.32 | 0.32 | 0.29 | 0.27 | 0.27 | 0.32 | 0.35 | 0.37 | 0.41 | 0.41 |
| % Yield | 2.87 | 3.03 | 3.11 | 2.77 | 2.25 | 2.21 | 2.69 | 3.01 | 3.13 | 3.45 | 3.39 |
| Capital Gains ($) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expense Ratio | 0.68 | 0.68 | 0.68 | 0.68 | 0.67 | 0.67 | 0.69 | 0.67 | 0.65 | 0.64 | 0.65 |
* 1 = Top 20%, 5 = Bottom 20%