Franklin Maryland Tax-Free Income Fund Class C

 (MUTF:FMDIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.08%  
1 week
   
-0.20%  
4 week   +0.44%
   
3 month   +0.93%
   
YTD   +2.10%
   
1 year   +3.62%
   
3 years*   +1.56%
   
5 years*   +3.68%
   
*annualized
Best 3 month return+8.61%  
Worst 3 month return-10.13%  

Morningstar statistics

Morningstar category: Muni Single State Long
  Return Risk Rating
3 years Below Average Above Average
5 years Below Average Above Average
10 years Below Average Above Average
Overall Below Average Above Average

Key statistics

Total assets607.74M 
Front load-  
Deferred load1.00%  
Expense ratio1.20%  
Management fee-  
Fund familyFranklin Templeton Investment Funds 

Asset allocation

Cash4.44%  
Stocks0.00%  
Bonds95.56%  
Other0.00%  

Purchase information

Initial$1,000  
AIP Initial$50  
11.590.00(0.00%)
May 24, 8:00PM EDT Overall Morningstar RatingTM

Description

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. The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. In addition, under normal market conditions, it invests at least 80% of its total assets in securities that pay interest free from the personal income taxes, if any, of Maryland. The fund also may invest up to 35% of its total assets in municipal securities issued by U.S. territories.
Fund filings (PDF) »
Asset managers:
Michael Conn (Started: Feb 28, 2010)
John Pomeroy (Started: Dec 31, 1989)
Advisor Company:
Franklin Advisers, Inc.
Fund family reports on Morningstar »
Bahnhofstrasse 22, Postfach

Risk

  1 year 3 years 5 years 10 years  
Alpha* -3.51 -2.65 -1.93 -1.70
Beta* 1.24 1.19 1.16 1.14
Mean annual return -0.46 0.14 0.45 0.27
R-squared* 96.54 94.99 85.61 89.89
Standard deviation 6.33 5.42 5.67 5.40
Sharpe ratio -0.88 0.30 0.93 0.29
* Against standard index

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