FMOQX

About FMOQX

Franklin Missouri Tax-Free Income Fund Class R6 is an open-end mutual fund focused on providing investors with a high level of income that is exempt from both regular federal income taxes and Missouri personal income taxes. The fund primarily invests in municipal securities issued within Missouri, selecting bonds that are rated in the top four credit ratings categories by recognized rating agencies at the time of purchase. Its portfolio may also include a limited allocation to securities from U.S. territories and a diversified spectrum of projects funded by municipal debt, such as infrastructure, education, and public services. The fund requires under normal conditions that at least 80% of its assets are in securities whose interest is tax-free at the federal and Missouri state level, though a small portion may be subject to alternative minimum tax or other taxes. Franklin Missouri Tax-Free Income Fund Class R6 serves as a key instrument for investors seeking tax-advantaged income, especially those residing in Missouri, while emphasizing credit quality in its municipal holdings.