# Franklin MI Tax-Free Inc A (FMQTX)

> Source: Nexqual · https://nexqual.com/FMQTX · data as of 2026-10-24 00:01 UTC · cite as "Nexqual, Franklin MI Tax-Free Inc A (FMQTX), nexqual.com/FMQTX" · informational, not investment advice.

**Price:** USD 10.08 (+0.30% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 10.05 · day 10.08–10.08 · 52w 9.7–10.58 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y -0.9% vs S&P 500 +13.4%; 5Y -1.2% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -0.9% | -1.2% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -0.9% | -0.2% |
| Volatility (annualized) | 4.2% | 5.6% |
| Max drawdown | -7.6% (Jun 2026→Sep 2026) | -15.0% (Dec 2021→Oct 2022) |

## Peers
FRMTX (Franklin Michigan Insured Tax-F) USD 10.23 +0.00% · FMQOX (Franklin Missouri Tax-Free Inco) USD 9.89 -0.00% · FTTMX (Franklin Michigan Tax-Free Inco) USD 10.06 -0.00% · FAZQX (Franklin Arizona Tax-Free Incom) USD 9.35 -0.00% · FOFQX (Franklin Oregon Tax-Free Income) USD 9.96 -0.00%

## More
Full page: https://nexqual.com/FMQTX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt