FRMOX

About FRMOX

Franklin Missouri Tax-Free Income Fund Class A1 is a municipal bond mutual fund designed to provide investors with income exempt from both federal and Missouri state personal income taxes. The fund primarily invests in a diversified portfolio of Missouri municipal bonds, seeking to maintain high credit quality and minimize tax liabilities for residents of Missouri. At least 80% of its assets are devoted to securities whose interest is free from regular federal income tax and the federal alternative minimum tax, with a particular focus on local government and infrastructure-issued bonds. By targeting tax-exempt fixed income, the fund appeals especially to investors prioritizing income preservation and tax efficiency. Franklin Missouri Tax-Free Income Fund Class A1 has played a significant role in supporting local municipal projects, while also serving as a practical option for tax-aware investors in the Missouri region seeking relatively stable returns and lower taxable income liability. Access to this share class is limited to existing shareholders, while new investors may be directed to similar available classes.