Skip to content

FMAQX

Franklin Massachusetts Tax-Free Income Fund

Factsheet
View All
As of 12/12/2025

NAV 1

$10.48

$-0.01 (-0.10%)
 

POP 2

$10.89

 
 

YTD Total Return At NAV 3

2.25%

 

See the risks and other important information.

Overview

  • Fund Description
  • Strategy & Benefits

Fund Description

The fund seeks to provide investors with as high a level of income exempt from regular federal income taxes and Massachusetts personal income taxes as is consistent with prudent investment management and the preservation of shareholders’ capital.

Strategy Statement

"In the Franklin Muni Department, we are committed to a conservative, disciplined investment strategy. We seek to provide shareholders with a high level of tax-free income while preserving capital."

John Wiley

Strategy & Benefits

Strategy
  • We believe an active, research-driven approach is critical, given 
    the size of the municipal market
  • Our team seeks to identify and capture attractive value 
    opportunities across the municipal bond landscape to deliver a tax-
    efficient portfolio
  • We place an emphasis on risk management, which is fully 
    incorporated into our research and portfolio construction process
Benefits
  • Monthly income exempt from federal income taxes and Massachusetts personal income taxesi
  • Portfolio diversification
  • Tenured investment team with expertise across market cycles
Fund Information
Asset Class 
Fixed Income
Share Class Inception Date 
09/10/2018
Fund Inception Date 
04/03/1985
Benchmark 
Bloomberg Municipal Bond Index
Investment Style 
Municipals
Morningstar Category4 
Muni Massachusetts
Lipper Classification 
Massachusetts Municipal Debt Funds
Total Net Assets  As of 11/30/2025 (Updated Monthly)
$335.34 Million
Dividends & Yields
Dividend Frequency, if any 
Monthly
Distribution Rate at NAV5  As of 12/12/2025 (Updated Daily)
2.76%
30-Day SEC Yield—With Waiver6, 7, 8  As of 11/30/2025 (Updated Monthly)
2.98%
30-Day SEC Yield—Without Waiver6, 8  As of 11/30/2025 (Updated Monthly)
2.92%
Sales Charges, Expenses & Fees
As of 07/01/2025
Gross Expense Ratio9 
0.93%
Net Expense Ratio9, 10 
0.90%
Maximum Initial Charge 
3.75%
CDSC11 
1.00%
12b-1 Fee 
0.25%
Identifiers
Ticker 
FMAQX
Fund Number 
1118
CUSIP Code 
354726846

Portfolio Managers

John Wiley

California, United States

Managed Fund Since 2020

Chris Sperry, CFA®

California, United States

Managed Fund Since 2020

John Bonelli

California, United States

Managed Fund Since 2020

Michael Conn

California, United States

Managed Fund Since 2020

Performance

  • Average Annual Total Returns
  • Calendar Year Returns
  • Cumulative Total Returns
  • Risk Measures

Average Annual Total Returns

Average Annual Total Returns 12

 As of 11/30/2025

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -2.66 to 5.74.
End of interactive chart.

Month End   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
1 Year  
-2.66
3 Years  
1.71
5 Years  
-1.04
10 Years  
1.13
Since Inception   04/03/1985
4.65
Month End   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
1 Year  
1.14
3 Years  
3.01
5 Years  
-0.29
10 Years  
1.52
Since Inception   04/03/1985
4.75
Month End   As of 11/30/2025
Bloomberg Municipal Bond Index (%)
1 Year  
2.64
3 Years  
3.94
5 Years  
0.91
10 Years  
2.41
Since Inception   04/03/1985
5.74

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Calendar Year Returns

Calendar Year Returns 12

 As of 11/30/2025

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -14.39 to 7.54.
End of interactive chart.

Month End   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
-1.32
2024  
-2.55
2023  
1.55
2022  
-14.39
2021  
-3.04
2020  
0.51
2019  
2.64
2018  
-4.40
2017  
—
2016  
—
2015  
—
Performance Inception Date  
04/03/1985
Month End   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
2.53
2024  
1.25
2023  
5.50
2022  
-11.05
2021  
0.74
2020  
4.43
2019  
6.64
2018  
-0.16
2017  
4.63
2016  
1.02
2015  
2.74
Performance Inception Date  
04/03/1985
Month End   As of 11/30/2025
Bloomberg Municipal Bond Index (%)
YTD  
4.15
2024  
1.05
2023  
6.40
2022  
-8.53
2021  
1.52
2020  
5.21
2019  
7.54
2018  
1.28
2017  
5.45
2016  
0.25
2015  
3.30
Performance Inception Date  
—

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Cumulative Total Returns

Cumulative Total Returns 12

 As of 11/30/2025

The hypothetical growth scenario of $10,000 does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 1985-04-01 00:00:00 to 2025-11-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 9956.51 to 93781.3.
End of interactive chart.

Month End   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
-1.32
1 Year  
-2.66
3 Years  
5.21
5 Years  
-5.12
10 Years  
11.90
15 Years  
39.06
Since Inception   04/03/1985
534.26
Month End   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
2.53
1 Year  
1.14
3 Years  
9.31
5 Years  
-1.42
10 Years  
16.26
15 Years  
44.47
Since Inception   04/03/1985
558.97
Month End   As of 11/30/2025
Bloomberg Municipal Bond Index (%)
YTD  
4.15
1 Year  
2.64
3 Years  
12.31
5 Years  
4.63
10 Years  
26.86
15 Years  
60.29
Since Inception   04/03/1985
868.59

Historical Cumulative Total Returns

Date Selected   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
-1.32
1 Year  
-2.66
3 Years  
5.21
5 Years  
-5.12
10 Years  
11.90
15 Years  
39.06
Since Inception   04/03/1985
534.26
Date Selected   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
2.53
1 Year  
1.14
3 Years  
9.31
5 Years  
-1.42
10 Years  
16.26
15 Years  
44.47
Since Inception   04/03/1985
558.97
Date Selected   As of 11/30/2025
Bloomberg Municipal Bond Index (%)
YTD  
4.15
1 Year  
2.64
3 Years  
12.31
5 Years  
4.63
10 Years  
26.86
15 Years  
60.29
Since Inception   04/03/1985
868.59

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.

If the sales charge (if applicable) had been included, the return would have been lower. 


Risk Measures

Risk Measures12

 As of 11/30/2025
Measured against: Bloomberg Municipal Bond Index
Statistics 1 Year 3 Years 5 Years
Bull Bear Capture Ratio 0.88 0.890.87
Beta Bear 1.00 1.001.05
Beta Bull 1.32 1.091.13
Historical Tracking Error 1.11 1.061.04
Information Ratio -1.70 -1.08-1.14
Standard Deviation (%) 1 Year 3 Years 5 Years
Class A - Without Sales Charge (NAV) 5.39 5.986.66
Bloomberg Municipal Bond Index 5.16 5.786.17
Sharpe Ratio (%) 1 Year 3 Years 5 Years
Class A - Without Sales Charge (NAV) 0.20 -0.30-0.51

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Portfolio

Assets

As of 11/30/2025 Updated Monthly
Total Net Assets 
$335.34 Million

Positions

As of 11/30/2025 Updated Monthly
 FundBenchmark
Number of Holdings 11363,991

Portfolio Statistics

As of 11/30/2025 Updated Monthly
 FundBenchmark
Average Weighted Maturity 17.82 Years13.57 Years
Effective Duration 7.60 Years—

Portfolio Allocations

  • Assets
  • Geography
  • Sector
  • Credit Quality

Assets

Asset Allocation

As of 11/30/2025 % of Total Updated Monthly

Chart

Bar chart with 2 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 2.21989 to 97.78012.
End of interactive chart.
Fund
Fixed Income 97.78%
Cash & Cash Equivalents 2.22%

Geography

State / U.S. Territory Allocation

As of 11/30/2025 % of Total Updated Monthly

Chart

Bar chart with 12 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.19469 to 91.88023.
End of interactive chart.
Fund
Massachusetts 91.88%
Wisconsin 1.63%
Puerto Rico 1.29%
Florida 0.86%
Texas 0.62%
New Jersey 0.32%
California 0.31%
South Carolina 0.27%
Washington 0.21%
Georgia 0.20%
Guam 0.19%
Cash & Cash Equivalents 2.22%

Sector

Sector Allocation

As of 11/30/2025 % of Total Updated Monthly

Chart

Bar chart with 13 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.32346 to 27.68137.
End of interactive chart.
Fund
Education 27.68%
Health Care 20.53%
Transportation 12.12%
Special Tax 9.36%
State General Obligation 8.31%
Housing 7.55%
Other Revenue Bonds 4.37%
Utilities 3.86%
Local 1.62%
Refunded 1.54%
Industrial Dev. Revenue and Pollution Control 0.52%
Lease 0.32%
Cash & Cash Equivalents 2.22%

Credit Quality

Credit Quality Allocation 13

 As of 11/30/2025 Updated Monthly

Chart

Bar chart with 8 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.76043 to 42.86057.
End of interactive chart.
Fund
AAA 17.08%
AA 42.86%
A 19.39%
BBB 10.97%
BB 0.76%
Refunded 1.54%
Not Rated 5.18%
Cash & Cash Equivalents 2.22%

Portfolio Holdings

Holdings

As of 10/31/2025 Updated Monthly
Security Name 
Commonwealth Of Massachusetts Transportation Fund Revenue
Weight (%) 
4.60
Market Value ($) 
15,580,952
Quantity 
15,000,000
Security Name 
Commonwealth Of Massachusetts
Weight (%) 
4.13
Market Value ($) 
13,995,264
Quantity 
11,900,000
Security Name 
Commonwealth Of Massachusetts
Weight (%) 
3.16
Market Value ($) 
10,705,037
Quantity 
10,000,000
Security Name 
Massachusetts Health & Educational Facilities Authority
Weight (%) 
3.07
Market Value ($) 
10,397,105
Quantity 
8,600,000
Security Name 
Massachusetts Development Finance Agency
Weight (%) 
2.81
Market Value ($) 
9,505,618
Quantity 
8,830,000
Security Name 
Massachusetts Development Finance Agency
Weight (%) 
2.09
Market Value ($) 
7,074,784
Quantity 
6,890,000
Security Name 
Massachusetts Development Finance Agency
Weight (%) 
2.00
Market Value ($) 
6,758,280
Quantity 
6,500,000
Security Name 
Massachusetts Health & Educational Facilities Authority WV&WP
Weight (%) 
1.95
Market Value ($) 
6,616,073
Quantity 
6,600,000
Security Name 
Massachusetts Development Finance Agency
Weight (%) 
1.90
Market Value ($) 
6,415,012
Quantity 
6,000,000
Security Name 
Massachusetts Development Finance Agency
Weight (%) 
1.80
Market Value ($) 
6,094,663
Quantity 
6,160,000

Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. 

Distributions & Tax

  • Distributions
  • Tax Information

Distributions

Distribution Schedules

Dividend Frequency, if any This fund is an Accrual fund.
Monthly
Capital Gain Distributions 
June, December

Proposed 2025 distribution dates for Franklin, Templeton and Mutual Series funds (excluding ETFs).

Rates and Yields

Read important information about results and other investment disclosures
Distribution Rate & Breakpoints
As of 12/12/2025
Less than $100,000 
2.66%
$100,000 - $249,999 
2.67%
Distribution Rate
As of 12/12/2025
At Net Asset Value (NAV) 
2.76%
30-Day SEC Yield
As of 11/30/2025
w/ Waiver 
2.98%
w/o Waiver 
2.92%
Taxable Equivalent Yield
As of 11/30/2025
w/ Waiver 
5.50%
w/o Waiver 
5.39%
Taxable Equivalent Distribution Rate14  As of 12/12/2025 (Updated Daily)
4.89%

Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.

Distributions Per Share

Current Year Distributions Per Share
Distributions with future dates are estimates and those figures are not final
Record Date  
12/30/2025
Ex-Dividend Date  
12/30/2025
Reinvestment Date  
12/30/2025
Payable Date  
12/31/2025
Reinvestment Amount  
—
Long-Term Capital Gains  
$0.0000-$0.0000 Estimates
Short-Term Capital Gains  
$0.0000-$0.0000 Estimates
Income  
—
Total Distribution Per Share  
— Estimates
Record Date  
11/28/2025
Ex-Dividend Date  
11/28/2025
Reinvestment Date  
11/28/2025
Payable Date  
11/28/2025
Reinvestment Amount  
$10.52
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02410285
Total Distribution Per Share  
$0.02410285
Record Date  
10/31/2025
Ex-Dividend Date  
10/31/2025
Reinvestment Date  
10/31/2025
Payable Date  
10/31/2025
Reinvestment Amount  
$10.52
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02852011
Total Distribution Per Share  
$0.02852011
Record Date  
09/30/2025
Ex-Dividend Date  
09/30/2025
Reinvestment Date  
09/30/2025
Payable Date  
09/30/2025
Reinvestment Amount  
$10.42
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02459753
Total Distribution Per Share  
$0.02459753
Record Date  
08/29/2025
Ex-Dividend Date  
08/29/2025
Reinvestment Date  
08/29/2025
Payable Date  
08/29/2025
Reinvestment Amount  
$10.17
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02824391
Total Distribution Per Share  
$0.02824391
Record Date  
07/31/2025
Ex-Dividend Date  
07/31/2025
Reinvestment Date  
07/31/2025
Payable Date  
07/31/2025
Reinvestment Amount  
$10.13
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02546931
Total Distribution Per Share  
$0.02546931
Record Date  
06/30/2025
Ex-Dividend Date  
06/30/2025
Reinvestment Date  
06/30/2025
Payable Date  
06/30/2025
Reinvestment Amount  
$10.22
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02410995
Total Distribution Per Share  
$0.02410995
Record Date  
05/30/2025
Ex-Dividend Date  
05/30/2025
Reinvestment Date  
05/30/2025
Payable Date  
05/30/2025
Reinvestment Amount  
$10.18
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02696328
Total Distribution Per Share  
$0.02696328
Record Date  
04/30/2025
Ex-Dividend Date  
04/30/2025
Reinvestment Date  
04/30/2025
Payable Date  
04/30/2025
Reinvestment Amount  
$10.25
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02465434
Total Distribution Per Share  
$0.02465434
Record Date  
03/31/2025
Ex-Dividend Date  
03/31/2025
Reinvestment Date  
03/31/2025
Payable Date  
03/31/2025
Reinvestment Amount  
$10.37
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02406986
Total Distribution Per Share  
$0.02406986
Record Date  
02/28/2025
Ex-Dividend Date  
02/28/2025
Reinvestment Date  
02/28/2025
Payable Date  
02/28/2025
Reinvestment Amount  
$10.59
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02199791
Total Distribution Per Share  
$0.02199791
Record Date  
01/31/2025
Ex-Dividend Date  
01/31/2025
Reinvestment Date  
01/31/2025
Payable Date  
01/31/2025
Reinvestment Amount  
$10.51
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02529912
Total Distribution Per Share  
$0.02529912
Historical Distributions Per Share
Since Inception Year
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • Since Inception
Record Date  
12/31/2024
Ex-Dividend Date  
12/31/2024
Reinvestment Date  
12/31/2024
Payable Date  
12/31/2024
Reinvestment Amount  
$10.54
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02498136
Total Distribution Per Share  
$0.02498136
Record Date  
11/29/2024
Ex-Dividend Date  
11/29/2024
Reinvestment Date  
11/29/2024
Payable Date  
11/29/2024
Reinvestment Amount  
$10.71
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02559046
Total Distribution Per Share  
$0.02559046
Record Date  
10/31/2024
Ex-Dividend Date  
10/31/2024
Reinvestment Date  
10/31/2024
Payable Date  
10/31/2024
Reinvestment Amount  
$10.59
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02422474
Total Distribution Per Share  
$0.02422474
Record Date  
09/30/2024
Ex-Dividend Date  
09/30/2024
Reinvestment Date  
09/30/2024
Payable Date  
09/30/2024
Reinvestment Amount  
$10.76
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02220748
Total Distribution Per Share  
$0.02220748
Record Date  
08/30/2024
Ex-Dividend Date  
08/30/2024
Reinvestment Date  
08/30/2024
Payable Date  
08/30/2024
Reinvestment Amount  
$10.69
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02611439
Total Distribution Per Share  
$0.02611439
Record Date  
07/31/2024
Ex-Dividend Date  
07/31/2024
Reinvestment Date  
07/31/2024
Payable Date  
07/31/2024
Reinvestment Amount  
$10.64
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02495137
Total Distribution Per Share  
$0.02495137
Record Date  
06/28/2024
Ex-Dividend Date  
06/28/2024
Reinvestment Date  
06/28/2024
Payable Date  
06/28/2024
Reinvestment Amount  
$10.57
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0225363
Total Distribution Per Share  
$0.0225363
Record Date  
05/31/2024
Ex-Dividend Date  
05/31/2024
Reinvestment Date  
05/31/2024
Payable Date  
05/31/2024
Reinvestment Amount  
$10.42
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02617904
Total Distribution Per Share  
$0.02460329
Record Date  
04/30/2024
Ex-Dividend Date  
04/30/2024
Reinvestment Date  
04/30/2024
Payable Date  
04/30/2024
Reinvestment Amount  
$10.47
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02390202
Total Distribution Per Share  
$0.02390202
Record Date  
03/28/2024
Ex-Dividend Date  
03/28/2024
Reinvestment Date  
03/28/2024
Payable Date  
03/28/2024
Reinvestment Amount  
$10.62
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02477621
Total Distribution Per Share  
$0.02477621
Record Date  
02/29/2024
Ex-Dividend Date  
02/29/2024
Reinvestment Date  
02/29/2024
Payable Date  
02/29/2024
Reinvestment Amount  
$10.64
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02304429
Total Distribution Per Share  
$0.02304429
Record Date  
01/31/2024
Ex-Dividend Date  
01/31/2024
Reinvestment Date  
01/31/2024
Payable Date  
01/31/2024
Reinvestment Amount  
$10.67
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.023541
Total Distribution Per Share  
$0.023541
Record Date  
12/29/2023
Ex-Dividend Date  
12/29/2023
Reinvestment Date  
12/29/2023
Payable Date  
12/29/2023
Reinvestment Amount  
$10.70
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02481512
Total Distribution Per Share  
$0.02481512
Record Date  
11/30/2023
Ex-Dividend Date  
11/30/2023
Reinvestment Date  
11/30/2023
Payable Date  
11/30/2023
Reinvestment Amount  
$10.47
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02321398
Total Distribution Per Share  
$0.02321398
Record Date  
10/31/2023
Ex-Dividend Date  
10/31/2023
Reinvestment Date  
10/31/2023
Payable Date  
10/31/2023
Reinvestment Amount  
$9.85
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0226586
Total Distribution Per Share  
$0.0226586
Record Date  
09/29/2023
Ex-Dividend Date  
09/29/2023
Reinvestment Date  
09/29/2023
Payable Date  
09/29/2023
Reinvestment Amount  
$10.03
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02194404
Total Distribution Per Share  
$0.02194404
Record Date  
08/31/2023
Ex-Dividend Date  
08/31/2023
Reinvestment Date  
08/31/2023
Payable Date  
08/31/2023
Reinvestment Amount  
$10.35
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02314654
Total Distribution Per Share  
$0.02314654
Record Date  
07/31/2023
Ex-Dividend Date  
07/31/2023
Reinvestment Date  
07/31/2023
Payable Date  
07/31/2023
Reinvestment Amount  
$10.52
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02152947
Total Distribution Per Share  
$0.02152947
Record Date  
06/30/2023
Ex-Dividend Date  
06/30/2023
Reinvestment Date  
06/30/2023
Payable Date  
06/30/2023
Reinvestment Amount  
$10.52
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02186476
Total Distribution Per Share  
$0.02186476
Record Date  
05/31/2023
Ex-Dividend Date  
05/31/2023
Reinvestment Date  
05/31/2023
Payable Date  
05/31/2023
Reinvestment Amount  
$10.45
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02183925
Total Distribution Per Share  
$0.02183925
Record Date  
04/28/2023
Ex-Dividend Date  
04/28/2023
Reinvestment Date  
04/28/2023
Payable Date  
04/28/2023
Reinvestment Amount  
$10.55
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.01938909
Total Distribution Per Share  
$0.01938909
Record Date  
03/31/2023
Ex-Dividend Date  
03/31/2023
Reinvestment Date  
03/31/2023
Payable Date  
03/31/2023
Reinvestment Amount  
$10.59
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02309287
Total Distribution Per Share  
$0.02309287
Record Date  
02/28/2023
Ex-Dividend Date  
02/28/2023
Reinvestment Date  
02/28/2023
Payable Date  
02/28/2023
Reinvestment Amount  
$10.41
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.01905647
Total Distribution Per Share  
$0.01905647
Record Date  
01/31/2023
Ex-Dividend Date  
01/31/2023
Reinvestment Date  
01/31/2023
Payable Date  
01/31/2023
Reinvestment Amount  
$10.70
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.01944919
Total Distribution Per Share  
$0.01944919
Record Date  
12/30/2022
Ex-Dividend Date  
12/30/2022
Reinvestment Date  
12/30/2022
Payable Date  
12/30/2022
Reinvestment Amount  
$10.40
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02046356
Record Date  
11/30/2022
Ex-Dividend Date  
11/30/2022
Reinvestment Date  
11/30/2022
Payable Date  
11/30/2022
Reinvestment Amount  
$10.44
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01947235
Record Date  
10/31/2022
Ex-Dividend Date  
10/31/2022
Reinvestment Date  
10/31/2022
Payable Date  
10/31/2022
Reinvestment Amount  
$9.92
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01918948
Record Date  
09/30/2022
Ex-Dividend Date  
09/30/2022
Reinvestment Date  
09/30/2022
Payable Date  
09/30/2022
Reinvestment Amount  
$10.04
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01986877
Record Date  
08/31/2022
Ex-Dividend Date  
08/31/2022
Reinvestment Date  
08/31/2022
Payable Date  
08/31/2022
Reinvestment Amount  
$10.51
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01975333
Record Date  
07/29/2022
Ex-Dividend Date  
07/29/2022
Reinvestment Date  
07/29/2022
Payable Date  
07/29/2022
Reinvestment Amount  
$10.81
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0191652
Record Date  
06/30/2022
Ex-Dividend Date  
06/30/2022
Reinvestment Date  
06/30/2022
Payable Date  
06/30/2022
Reinvestment Amount  
$10.50
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01786813
Record Date  
05/31/2022
Ex-Dividend Date  
05/31/2022
Reinvestment Date  
05/31/2022
Payable Date  
05/31/2022
Reinvestment Amount  
$10.77
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01862119
Record Date  
04/29/2022
Ex-Dividend Date  
04/29/2022
Reinvestment Date  
04/29/2022
Payable Date  
04/29/2022
Reinvestment Amount  
$10.68
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.018728
Record Date  
03/31/2022
Ex-Dividend Date  
03/31/2022
Reinvestment Date  
03/31/2022
Payable Date  
03/31/2022
Reinvestment Amount  
$11.11
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0178219
Record Date  
02/28/2022
Ex-Dividend Date  
02/28/2022
Reinvestment Date  
02/28/2022
Payable Date  
02/28/2022
Reinvestment Amount  
$11.48
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0162006
Record Date  
01/31/2022
Ex-Dividend Date  
01/31/2022
Reinvestment Date  
01/31/2022
Payable Date  
01/31/2022
Reinvestment Amount  
$11.59
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01683249
Record Date  
12/31/2021
Ex-Dividend Date  
12/31/2021
Reinvestment Date  
12/31/2021
Payable Date  
12/31/2021
Reinvestment Amount  
$11.94
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01927267
Record Date  
11/30/2021
Ex-Dividend Date  
11/30/2021
Reinvestment Date  
11/30/2021
Payable Date  
11/30/2021
Reinvestment Amount  
$11.94
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01664094
Record Date  
10/29/2021
Ex-Dividend Date  
10/29/2021
Reinvestment Date  
10/29/2021
Payable Date  
10/29/2021
Reinvestment Amount  
$11.84
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01597928
Record Date  
09/30/2021
Ex-Dividend Date  
09/30/2021
Reinvestment Date  
09/30/2021
Payable Date  
09/30/2021
Reinvestment Amount  
$11.87
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0169197
Record Date  
08/31/2021
Ex-Dividend Date  
08/31/2021
Reinvestment Date  
08/31/2021
Payable Date  
08/31/2021
Reinvestment Amount  
$12.00
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01804604
Record Date  
07/30/2021
Ex-Dividend Date  
07/30/2021
Reinvestment Date  
07/30/2021
Payable Date  
07/30/2021
Reinvestment Amount  
$12.08
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01791677
Record Date  
06/30/2021
Ex-Dividend Date  
06/30/2021
Reinvestment Date  
06/30/2021
Payable Date  
06/30/2021
Reinvestment Amount  
$12.02
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02080932
Record Date  
05/28/2021
Ex-Dividend Date  
05/28/2021
Reinvestment Date  
05/28/2021
Payable Date  
05/28/2021
Reinvestment Amount  
—
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01801668
Record Date  
04/30/2021
Ex-Dividend Date  
04/30/2021
Reinvestment Date  
04/30/2021
Payable Date  
04/30/2021
Reinvestment Amount  
$11.98
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02044294
Record Date  
03/31/2021
Ex-Dividend Date  
03/31/2021
Reinvestment Date  
03/31/2021
Payable Date  
03/31/2021
Reinvestment Amount  
$11.87
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02319881
Record Date  
02/26/2021
Ex-Dividend Date  
02/26/2021
Reinvestment Date  
02/26/2021
Payable Date  
02/26/2021
Reinvestment Amount  
$11.84
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01992
Record Date  
01/29/2021
Ex-Dividend Date  
01/29/2021
Reinvestment Date  
01/29/2021
Payable Date  
01/29/2021
Reinvestment Amount  
$12.09
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.021198
Record Date  
12/31/2020
Ex-Dividend Date  
12/31/2020
Reinvestment Date  
12/31/2020
Payable Date  
12/31/2020
Reinvestment Amount  
$12.08
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.022545
Record Date  
11/30/2020
Ex-Dividend Date  
11/30/2020
Reinvestment Date  
11/30/2020
Payable Date  
11/30/2020
Reinvestment Amount  
$12.05
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.022478
Record Date  
10/30/2020
Ex-Dividend Date  
10/30/2020
Reinvestment Date  
10/30/2020
Payable Date  
10/30/2020
Reinvestment Amount  
$11.89
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.021906
Record Date  
09/30/2020
Ex-Dividend Date  
09/30/2020
Reinvestment Date  
09/30/2020
Payable Date  
09/30/2020
Reinvestment Amount  
$11.95
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02216
Record Date  
08/31/2020
Ex-Dividend Date  
08/31/2020
Reinvestment Date  
08/31/2020
Payable Date  
08/31/2020
Reinvestment Amount  
$11.98
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02373
Record Date  
07/31/2020
Ex-Dividend Date  
07/31/2020
Reinvestment Date  
07/31/2020
Payable Date  
07/31/2020
Reinvestment Amount  
$12.07
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.022857
Record Date  
06/30/2020
Ex-Dividend Date  
06/30/2020
Reinvestment Date  
06/30/2020
Payable Date  
06/30/2020
Reinvestment Amount  
$11.92
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.024057
Record Date  
05/29/2020
Ex-Dividend Date  
05/29/2020
Reinvestment Date  
05/29/2020
Payable Date  
05/29/2020
Reinvestment Amount  
$11.91
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.022433
Record Date  
04/30/2020
Ex-Dividend Date  
04/30/2020
Reinvestment Date  
04/30/2020
Payable Date  
04/30/2020
Reinvestment Amount  
$11.57
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.023717
Record Date  
03/31/2020
Ex-Dividend Date  
03/31/2020
Reinvestment Date  
03/31/2020
Payable Date  
03/31/2020
Reinvestment Amount  
$11.79
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.025668
Record Date  
02/28/2020
Ex-Dividend Date  
02/28/2020
Reinvestment Date  
02/28/2020
Payable Date  
02/28/2020
Reinvestment Amount  
$12.20
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02175
Record Date  
01/31/2020
Ex-Dividend Date  
01/31/2020
Reinvestment Date  
01/31/2020
Payable Date  
01/31/2020
Reinvestment Amount  
$12.05
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.024703
Record Date  
12/31/2019
Ex-Dividend Date  
12/31/2019
Reinvestment Date  
12/31/2019
Payable Date  
12/31/2019
Reinvestment Amount  
$11.84
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.026095
Record Date  
11/29/2019
Ex-Dividend Date  
11/29/2019
Reinvestment Date  
11/29/2019
Payable Date  
11/29/2019
Reinvestment Amount  
$11.84
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.023825
Record Date  
10/31/2019
Ex-Dividend Date  
10/31/2019
Reinvestment Date  
10/31/2019
Payable Date  
10/31/2019
Reinvestment Amount  
$11.87
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.026282
Record Date  
09/30/2019
Ex-Dividend Date  
09/30/2019
Reinvestment Date  
09/30/2019
Payable Date  
09/30/2019
Reinvestment Amount  
$11.89
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.026378
Record Date  
08/30/2019
Ex-Dividend Date  
08/30/2019
Reinvestment Date  
08/30/2019
Payable Date  
08/30/2019
Reinvestment Amount  
$12.01
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.025598
Record Date  
07/31/2019
Ex-Dividend Date  
07/31/2019
Reinvestment Date  
07/31/2019
Payable Date  
07/31/2019
Reinvestment Amount  
$11.83
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02827
Record Date  
06/28/2019
Ex-Dividend Date  
06/28/2019
Reinvestment Date  
06/28/2019
Payable Date  
06/28/2019
Reinvestment Amount  
$11.79
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02474
Record Date  
05/31/2019
Ex-Dividend Date  
05/31/2019
Reinvestment Date  
05/31/2019
Payable Date  
05/31/2019
Reinvestment Amount  
$11.77
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.028032
Record Date  
04/30/2019
Ex-Dividend Date  
04/30/2019
Reinvestment Date  
04/30/2019
Payable Date  
04/30/2019
Reinvestment Amount  
$11.63
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.037
Record Date  
03/29/2019
Ex-Dividend Date  
03/29/2019
Reinvestment Date  
03/29/2019
Payable Date  
03/29/2019
Reinvestment Amount  
$11.63
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0287
Record Date  
02/28/2019
Ex-Dividend Date  
02/28/2019
Reinvestment Date  
02/28/2019
Payable Date  
02/28/2019
Reinvestment Amount  
$11.47
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0288
Record Date  
01/31/2019
Ex-Dividend Date  
01/31/2019
Reinvestment Date  
01/31/2019
Payable Date  
01/31/2019
Reinvestment Amount  
$11.44
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0278
Record Date  
12/31/2018
Ex-Dividend Date  
12/31/2018
Reinvestment Date  
12/31/2018
Payable Date  
12/31/2018
Reinvestment Amount  
$11.42
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0278
Record Date  
11/30/2018
Ex-Dividend Date  
11/30/2018
Reinvestment Date  
11/30/2018
Payable Date  
11/30/2018
Reinvestment Amount  
$11.31
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0269
Record Date  
10/31/2018
Ex-Dividend Date  
10/31/2018
Reinvestment Date  
10/31/2018
Payable Date  
10/31/2018
Reinvestment Amount  
$11.21
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0269
Record Date  
09/28/2018
Ex-Dividend Date  
09/28/2018
Reinvestment Date  
09/28/2018
Payable Date  
09/28/2018
Reinvestment Amount  
$11.34
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0173

Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.

The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.

Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.

Tax Information

Tax Information

Federal ID Number 94-2961783
For information on tax years prior to 2008, please contact us
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
2024 Year
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
Record Date  
Jan 31
Ordinary Dividends  
0.000094
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.023447
Interest on Tax Reclaim Refunds  
—
Record Date  
Feb 29
Ordinary Dividends  
0.000092
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.022952
Interest on Tax Reclaim Refunds  
—
Record Date  
Mar 28
Ordinary Dividends  
0.000941
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.023835
Interest on Tax Reclaim Refunds  
—
Record Date  
Apr 30
Ordinary Dividends  
0.000908
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.022994
Interest on Tax Reclaim Refunds  
—
Record Date  
May 31
Ordinary Dividends  
0.000995
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.025184
Interest on Tax Reclaim Refunds  
—
Record Date  
Jun 28
Ordinary Dividends  
0.000856
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.02168
Interest on Tax Reclaim Refunds  
—
Record Date  
Jul 31
Ordinary Dividends  
0.000948
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.024003
Interest on Tax Reclaim Refunds  
—
Record Date  
Aug 30
Ordinary Dividends  
0.000992
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.025122
Interest on Tax Reclaim Refunds  
—
Record Date  
Sep 30
Ordinary Dividends  
0.000844
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.021364
Interest on Tax Reclaim Refunds  
—
Record Date  
Oct 31
Ordinary Dividends  
0.000921
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.023304
Interest on Tax Reclaim Refunds  
—
Record Date  
Nov 29
Ordinary Dividends  
0.000972
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.024618
Interest on Tax Reclaim Refunds  
—
Record Date  
Dec 31
Ordinary Dividends  
0.000949
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.024032
Interest on Tax Reclaim Refunds  
—
Record Date  
Ordinary Dividends  
0.009514
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.282535
Interest on Tax Reclaim Refunds  
—
Supplemental Tax Information
Foreign Source Income 
—
Foreign Source Qualified Dividends 
—
Direct U.S. Government Obligations 
—
Specified Private Activity Bond Interest 
4.01%
Dividends Received Deduction 
—
Section 163(j) 
—
Indiana Resident Taxable Income 
—
Utah Resident Taxable Income 
—
Tax-Exempt Income By Jurisdiction
California 
0.49%
Florida 
1.24%
Guam 
0.05%
Illinois 
0.41%
Massachusetts 
89.27%
New Jersey 
0.49%
New York 
1.02%
Puerto Rico 
4.01%
South Carolina 
0.96%
Texas 
0.83%
Washington 
0.28%
Wisconsin 
0.95%

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Pricing

Pricing History Chart

As of 12/12/2025 Updated Daily
Since Inception Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception

Chart

Line chart with 1894 data points.
The chart has 1 X axis displaying Time. Data ranges from 2018-09-10 00:00:01 to 2025-12-12 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from 9.84 to 12.27.
End of interactive chart.

Daily Fund Prices and Breakpoints

As of 12/12/2025

Share Prices

As of 12/12/2025
NAV1 (Net Asset Value)
$10.48
NAV Change1 
$-0.01
NAV Change (%)1 
-0.10%
POP2 (Public Offering Price)
$10.89

52-Week Range

Highest NAV  As on 12/12/2024
$10.67
Lowest NAV  As on 04/09/2025
$9.97
POP and Sales Charge at Breakpoints

Investment

Sales Charge

POP

Less than $100,000 3.75%$10.89
$100,000 - $249,999 3.25%$10.83
POP and Sales Charge at Breakpoints
Investment  
Less than $100,000
Sales Charge  
3.75%
POP  
$10.89
Investment  
$100,000 - $249,999
Sales Charge  
3.25%
POP  
$10.83
Historical Data - Daily Fund Prices
1 Month Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception
NAV  As of 12/12/2025
$10.48 (USD)
POP  As of 12/12/2025
$10.89 (USD)
Highest NAV  As of 11/12/2025
$10.53 (USD)
Lowest NAV  As of 12/12/2025
$10.48 (USD)

Historical Pricing Results   From   11/12/2025   To   12/12/2025

Date 
12/12/2025
NAV  
$10.48
POP  
$10.89
NAV Change  
$-0.01
NAV Change (%)  
-0.10%
Date 
12/11/2025
NAV  
$10.49
POP  
$10.90
NAV Change  
$0.01
NAV Change (%)  
0.10%
Date 
12/10/2025
NAV  
$10.48
POP  
$10.89
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/09/2025
NAV  
$10.48
POP  
$10.89
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/08/2025
NAV  
$10.48
POP  
$10.89
NAV Change  
$-0.01
NAV Change (%)  
—
Date 
12/05/2025
NAV  
$10.49
POP  
$10.90
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/04/2025
NAV  
$10.49
POP  
$10.90
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/03/2025
NAV  
$10.49
POP  
$10.90
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/02/2025
NAV  
$10.49
POP  
$10.90
NAV Change  
$-0.01
NAV Change (%)  
-0.10%
Date 
12/01/2025
NAV  
$10.50
POP  
$10.91
NAV Change  
$-0.02
NAV Change (%)  
-0.19%
Date 
11/28/2025
NAV  
$10.52
POP  
$10.93
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/27/2025
NAV  
$10.52
POP  
$10.93
NAV Change  
$0.01
NAV Change (%)  
0.00%
Date 
11/26/2025
NAV  
$10.52
POP  
$10.93
NAV Change  
$0.01
NAV Change (%)  
0.10%
Date 
11/25/2025
NAV  
$10.51
POP  
$10.92
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/24/2025
NAV  
$10.51
POP  
$10.92
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/21/2025
NAV  
$10.51
POP  
$10.92
NAV Change  
$-0.01
NAV Change (%)  
-0.10%
Date 
11/20/2025
NAV  
$10.52
POP  
$10.93
NAV Change  
$0.01
NAV Change (%)  
0.10%
Date 
11/19/2025
NAV  
$10.51
POP  
$10.92
NAV Change  
$-0.01
NAV Change (%)  
-0.10%
Date 
11/18/2025
NAV  
$10.52
POP  
$10.93
NAV Change  
$0.00
NAV Change (%)  
—
Date 
11/17/2025
NAV  
$10.52
POP  
$10.93
NAV Change  
$0.01
NAV Change (%)  
0.10%
Date 
11/14/2025
NAV  
$10.51
POP  
$10.92
NAV Change  
$-0.01
NAV Change (%)  
-0.10%
Date 
11/13/2025
NAV  
$10.52
POP  
$10.93
NAV Change  
$-0.01
NAV Change (%)  
-0.10%
Date 
11/12/2025
NAV  
$10.53
POP  
$10.94
NAV Change  
$0.00
NAV Change (%)  
0.00%

Documents

Product Literature

PDF Format

Factsheet - Franklin Massachusetts Tax-Free Income Fund

Regulatory Documents

PDF Format

Semi-Annual Report - Franklin Massachusetts Tax-Free Income Fund - Class A

PDF Format

Annual Report - Franklin Massachusetts Tax-Free Income Fund - Class A

PDF Format

Prospectus - Franklin Tax-Free Trust #1

PDF Format

Summary Prospectus - Franklin Massachusetts Tax-Free Income Fund

PDF Format

Statement of Additional Information - Franklin Tax-Free Trust #1

Mailed hardcopies unavailable.

PDF Format

Fiscal Q1 Holdings - Franklin Tax-Free Trust

Mailed hardcopies unavailable.

PDF Format

Fiscal Q3 Holdings - Franklin Tax-Free Trust

Mailed hardcopies unavailable.

 

View Proxy Voting Records and Proxy Voting Policies

Risks

What Are The Risks?

All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Portfolios focused on a single state are subject to greater risk of adverse economic and regulatory changes in that state than a geographically diversified fund. Changes in the credit rating of a bond, or in the credit rating or financial strength of a bond’s issuer, insurer or guarantor, may affect the bond’s value. An investor may be subject to the federal Alternative Minimum Tax, and state and local taxes may apply. These and other risks are discussed in the fund’s prospectus.

This website is intended for Primerica.
Copyright © 2025 Franklin Templeton. All Rights Reserved.