Franklin Maryland Tax-Free Income Fund C (FMDIX)
9.97
0.00 (0.00%)
USD |
Dec 19 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.29% | 320.80M | -- | 8.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 6.464M | 2.43% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of income exempt from federal income taxes and Maryland state personal income taxes. Under normal market conditions, the Fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes as well as Maryland state taxes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Maryland Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Maryland Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
90
-2.136M
Peer Group Low
9.718M
Peer Group High
1 Year
% Rank:
37
6.464M
-38.10M
Peer Group Low
17.39M
Peer Group High
3 Months
% Rank:
90
-4.987M
Peer Group Low
17.47M
Peer Group High
3 Years
% Rank:
79
-86.98M
Peer Group Low
9.215M
Peer Group High
6 Months
% Rank:
90
-13.40M
Peer Group Low
8.298M
Peer Group High
5 Years
% Rank:
79
-208.86M
Peer Group Low
38.73M
Peer Group High
YTD
% Rank:
48
-38.53M
Peer Group Low
19.49M
Peer Group High
10 Years
% Rank:
90
-235.37M
Peer Group Low
59.29M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 21, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.52% |
| Stock | 0.00% |
| Bond | 98.48% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| MARYLAND ST STAD AUTH REV MD 5.000 05/01/2050 | 3.78% | 107.24 | 0.00% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV MD 5.000 07/01/2039 | 3.19% | -- | -- |
| HOWARD CNTY MD HSG COMMN REV MD 5.000 10/01/2028 | 3.14% | 100.13 | 0.00% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV MD 5.500 01/01/2046 | 3.08% | 100.99 | -0.01% |
| WASHINGTON SUBN SAN DIST MD MD 4.000 06/01/2049 | 2.83% | 96.63 | 0.00% |
| MARYLAND ST MD 5.000 06/01/2037 | 2.76% | 111.63 | -0.01% |
| MARYLAND ST ECONOMIC DEV CORP STUDENT HSG REV MD 5.000 07/01/2054 | 2.23% | 101.51 | -0.00% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV MD 5.250 07/01/2050 | 1.94% | 103.07 | -0.00% |
| MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV MD 5.250 08/01/2054 | 1.65% | -- | -- |
| MARYLAND ST ECONOMIC DEV CORP LEASE REV MD 5.000 07/01/2049 | 1.62% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.65% |
| Actual Management Fee | 0.53% |
| Administration Fee | -- |
| Maximum Front Load | 0.00% |
| Maximum Deferred Load | 1.00% |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of income exempt from federal income taxes and Maryland state personal income taxes. Under normal market conditions, the Fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes as well as Maryland state taxes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Maryland Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Maryland Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-18-25) | 2.77% |
| 30-Day SEC Yield (11-30-25) | 2.64% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 111 |
| Bond | |
| Yield to Maturity (9-30-25) | 3.86% |
| Effective Duration | 7.89 |
| Average Coupon | 4.75% |
| Calculated Average Quality | 2.805 |
| Effective Maturity | 12.97 |
| Nominal Maturity | 19.70 |
| Number of Bond Holdings | 109 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FMDIX", "name") |
| Broad Asset Class: =YCI("M:FMDIX", "broad_asset_class") |
| Broad Category: =YCI("M:FMDIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FMDIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |