# Franklin MI Tax-Free Inc C (FRMTX)

> Source: Nexqual · https://nexqual.com/FRMTX · data as of 2026-10-24 00:08 UTC · cite as "Nexqual, Franklin MI Tax-Free Inc C (FRMTX), nexqual.com/FRMTX" · informational, not investment advice.

**Price:** USD 10.23 (+0.29% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 10.2 · day 10.23–10.23 · 52w 9.85–10.74 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y -1.4% vs S&P 500 +13.4%; 5Y -3.3% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -1.4% | -3.3% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -1.4% | -0.7% |
| Volatility (annualized) | 4.1% | 5.6% |
| Max drawdown | -7.7% (Jun 2026→Sep 2026) | -15.3% (Dec 2021→Oct 2022) |

## Peers
FTTMX (Franklin Michigan Tax-Free Inco) USD 10.06 -0.00% · FRMOX (Franklin Missouri Tax-Free Inco) USD 9.89 -0.00% · FMOIX (Franklin Missouri Tax-Free Inco) USD 9.99 +0.00% · FTAZX (Franklin Arizona Tax-Free Incom) USD 9.33 +0.00% · FRFTX (Franklin Federal Tax Free Incom) USD 10.28 +0.00%

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