Franklin Michigan is trading at 10.47 as of the 31st of January 2025; that is 0.1 percent down since the beginning of the trading day. The fund's open price was 10.48. Franklin Michigan has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 11th of February 2023 and ending today, the 31st of January 2025. Click here to learn more.
The investment seeks to provide investors with as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders capital. Franklin Michigan is traded on NASDAQ Exchange in the United States. More on Franklin Michigan Tax Free
Franklin Michigan Tax Free [FMTFX] is traded in USA and was established 31st of January 2025. The fund is listed under Muni Single State Long category and is part of Franklin Templeton Investments family. This fund currently has accumulated 913.79 M in assets under management (AUM) with minimum initial investment of 100 K. Franklin Michigan Tax is currently producing year-to-date (YTD) return of 0.13% with the current yeild of 0.0%, while the total return for the last 3 years was -0.68%.
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Other Information on Investing in Franklin Mutual Fund
Franklin Michigan financial ratios help investors to determine whether Franklin Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Franklin with respect to the benefits of owning Franklin Michigan security.