# Franklin MI Tax-Free Inc Adv (FMTFX)

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

**Price:** USD 10.1 (+0.30% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 10.07 · day 10.1–10.1 · 52w 9.72–10.61 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y -0.7% vs S&P 500 +13.4%; 5Y +0.1% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -0.7% | +0.1% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -0.7% | +0.0% |
| Volatility (annualized) | 4.2% | 5.6% |
| Max drawdown | -7.6% (Jun 2026→Sep 2026) | -14.9% (Dec 2021→Oct 2022) |

## Peers
FAZZX (Franklin Arizona Tax-Free Incom) USD 9.36 +0.00% · FRMTX (Franklin Michigan Insured Tax-F) USD 10.23 +0.00% · FOFZX (Franklin Oregon Tax-Free Income) USD 9.96 -0.00% · FRMZX (Franklin Missouri Tax-Free Fund) USD 9.89 -0.00% · FMOIX (Franklin Missouri Tax-Free Inco) USD 9.99 +0.00%

## More
Full page: https://nexqual.com/FMTFX · 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