FMQOX

About FMQOX

Franklin Missouri Tax-Free Income Fund Class A is a municipal bond mutual fund designed to generate a high level of income that is exempt from both federal and Missouri state personal income taxes. The fund primarily invests in municipal securities issued by the state of Missouri and its related entities, focusing on investments that serve the needs of local governments, public infrastructure, education, and other essential public services. By concentrating on tax-exempt municipal bonds, the fund aims to provide an attractive after-tax income profile for residents of Missouri, making it particularly relevant for individuals seeking tax-efficient income. The fund’s portfolio is managed with an emphasis on credit quality and interest rate risk, balancing yield considerations with the stability and reliability of fixed income investments. This positioning makes Franklin Missouri Tax-Free Income Fund Class A a significant option within the tax-free municipal bond market for residents aiming to preserve capital while earning income that is generally shielded from certain tax liabilities.