Franklin Michigan is trading at 10.71 as of the 23rd of November 2024; that is 0.09 percent decrease since the beginning of the trading day. The fund's open price was 10.72. Franklin Michigan has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Franklin Michigan Tax Free are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 23rd of November 2024. Click here to learn more.
The fund invests at least 80 percent of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. More on Franklin Michigan Tax Free
Franklin Michigan Tax Free [FRMTX] is traded in USA and was established 23rd of November 2024. Franklin Michigan is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under Muni Single State Long category and is part of Franklin Templeton Investments family. This fund currently has accumulated 726.66 M in assets under management (AUM) with no minimum investment requirementsFranklin Michigan Tax is currently producing year-to-date (YTD) return of 1.77% with the current yeild of 0.0%, while the total return for the last 3 years was -1.49%.
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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.