Franklin Massachusetts Tax-Free Income Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

Portfolio Statistics

Assets

Total Fund AssetsAs of 12/31/2020 (updated monthly) $462.0 (M)
Net Assets - Class A1 As of 10/31/2020 (updated monthly) $251.0 (M)

Positions As of 12/31/2020

Total Positions 106

FIXED INCOME VS. Bloomberg Barclays Municipal Bond Index

Fund Benchmark
Average Duration As of 12/31/2020 (updated monthly) 5.99 Year(s) 5.18 Year(s)
Average Weighted MaturityAs of 12/31/2020 (updated monthly) 16.10 Year(s) 5.48 Year(s)

Portfolio Details

Asset AllocationAs of 12/31/2020

[name] [value]
Fixed Income 99.77%
Cash & Cash Equivalents 0.23%

Quality Breakdown As of 12/31/2020

[name] [value]
Investment Grade 99.77%
0%
Not Rated 0%
Not Applicable 0%
Cash & Cash Equivalents 0.24%
Investment Grade 99.77%
AAA 14.58%
AA 63.50%
A 12.10%
BBB 1.21%
Refunded 8.38%
Below Investment Grade 0.00%
Not Rated 0.00%
N/A 0.00%
Cash & Cash Equivalents 0.24%

sector breakdownAs of 12/31/2020

[name] [value]
Higher Education 20.23%
Transportation 16.42%
General Obligation Bonds 15.36%
Refunded 11.37%
Hospital & Health Care 10.70%
Utilities 8.49%
Tax Supported Debt 8.10%
Housing 6.92%
Other Revenue Bonds 2.15%
Cash & Cash Equivalents 0.23%

State / U.S. Territory Exposure As of 12/31/2020

[name] [value]
Massachusetts 100.00%