Franklin Minnesota Tax-Free Income FundFMNQX
Type
Mutual fund
Peer group
Municipal bond
Net assets
$619.2M
Expense ratio
0.85%
1-year return
+4.7%
3 years, a year
+4.3%
5 years, a year
+0.7%
Holdings
195
What it aims to do.
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 also tries to provide a maximum level of income exempt from personal income taxes, if any, for resident shareholders of Minnesota.
Top 10 holdings.
| Holding | % of fund |
|---|---|
| Alexandria Independent School District No. 206 | 4.83% |
| Minneapolis-St. Paul Metropolitan Airports Commission | 3.40% |
| North St. Paul-Maplewood-Oakdale Independent School District No. 622 | 3.03% |
| City of Fridley MN | 2.75% |
| Duluth Economic Development Authority | 2.57% |
| Minneapolis-St. Paul Metropolitan Airports Commission | 2.36% |
| City of St Paul MN Water Revenue | 2.14% |
| Duluth Economic Development Authority | 2.14% |
| Minnesota Municipal Gas Agency | 1.91% |
| City of Rochester MN | 1.79% |
More on FMNQX.
- FMNQX overview
- FMNQX holdings
- FMNQX risk
- FMNQX costs
- FMNQX money in and out
- FMNQX share classes
- Compare FMNQX with other funds
Returns after fees, from the fund's SEC filings up to Feb 2026. Past returns are not a promise. Not financial advice.