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Franklin quote and profile

 
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13.06
  
FUND
(0.01)  Macroaxis: -0.08 Down   0.08%  
May 21 2013 

Diversification Suggestion

Use Franklin to protect against small markets fluctuations. The fund experiences normal downward trend and little activity
Analyze Franklin MN TaxFree C Trend or Check current 30 days Franklin correlation with market (S&P 500)
1 Month Beta -0.07  
Highest Price:  
Lowest Price:  
13.17  
13.06  
May 02 2013 
May 15 2013 
As returns on market increase, returns on owning Franklin are expected to decrease at a much smaller rate. During bear market, Franklin is likely to outperform the market.
Franklin MN TaxFree Inc C Almost negative betaFranklin MN TaxFree C Beta Legend
FMNIX United States NASDAQ
Franklin MN TaxFree Inc C
Franklin Templeton Investment Funds
Muni Minnesota
Benchmark S&P 500
Contact Number: 800. 632. 2301
Currency: USD - US Dollar
Traded on NASDAQ Stock Exchange
    
Number of Employees1
Net Asset1.22 B
Last Dividend Paid0.03
 United States Nasdaq   0.97 % Macroaxis: 0.97 Moved Up  
 
 United States SP 500   0.27 % Macroaxis: 0.27 Moved Up  
 
 United States NYSE   0.18 % Macroaxis: 0.18 Moved Up  
 
 United States Russel   0.02 % Macroaxis: 0.02 Moved Up  
 
 thisRed FMNIX FMNIX agains markets  0.08 % Macroaxis: 0.08 Moved Down  
 
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John Pomeroy  Money Manager
Fund Manager since February 28, 1989
Pomeroy is vice president of Franklin Advisers, Inc. He offer research and advice on the purchases and sales of individual securities, and portfolio risk assessment. Pomeroy joined Franklin Templeton Investments in 1986....
    

Franklin Price and Market Media

The median price of Franklin for the period between Sun, Apr 21, 2013 and Tue, May 21, 2013 is 13.11 with a coefficient of variation of 0.25. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 13.11, and mean deviation of 0.03. The Fund did not receive any noticable media coverage during the period.
Franklin         SP 500
Price Growth (%)
 

Franklin Summary

Franklin MN TaxFree Inc C [FMNIX] is traded in USA and was established in April 30, 1995. The fund is listed under Muni Minnesota category and is part of Franklin Templeton Investment Funds family. This fund currently has accumulated 1.22 B in assets under management (AUM) with minimum initial investment of 1 K. Franklin MN TaxFree Inc C is currently producing year-to-date (YTD) return of 0.27% with the current yeild of 2.77%, while the total return for the last 3 years was 6.6%.

Fund Instrument Allocation for Franklin

The fund consists of 98.94% investments in fixed income securities, with the rest of funds allocated in cash.
Past Market
Over 30
Days
0
Out Of
100
 
Chance of
Less
Than
%
 
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Franklin Research Report

Franklin vs. FMINX

Correlation analysis and fundamentals comparison between Franklin MN TaxFree C and Franklin MN TaxFree A

Franklin Asset Under Management

Franklin MN TaxFree Inc C is rated # 4 fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni Minnesota category is currently estimated at about 8.8 Billion. Franklin retains roughly 1.22 Billion in net asset claiming about 14% of funds under Muni Minnesota category.

Franklin Fundamentals

Cash Position Weight vs Ten Year Return
Year to Date Return vs Annual Yield
Cash Position Weight vs Bond Positions Weight
Three Year Return vs Annual Yield

Franklin vs Competition

Franklin vs. Franklin MN TaxFree Inc A
Franklin vs. Franklin MN TaxFree Income Adv
Franklin vs. Delaware TaxFree MN C
Franklin vs. Delaware TaxFree MN B
Franklin vs. Delaware TaxFree MN A
Franklin vs. Fidelity Minnesota Municipal Income
Franklin vs. Columbia Minnesota TaxExempt Z
Franklin vs. Columbia Minnesota TaxExempt C
Franklin vs. Columbia Minnesota TaxExempt B

Franklin May 21 2013 Opportunity Range

Downside Deviation0.1646
Information Ratio(3.12)
Maximum Drawdown0.4573
Value At Risk(0.15)
Potential Upside0.1522

 
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