FMNIX Holdings — Franklin Minnesota Tax-Free Income Fund
Data updated: 2026-07-27
FMNIX holds 196 securities. The top 10 make up 27.0% of net assets, led by Alexandria Independent School District No. 206, Series 2017 A (4.88%) and Minneapolis-St. Paul Metropolitan Airports Commission, Series 2016 C (3.51%). 99.9% of the portfolio is in United States. Debt holdings: 195 positions, 98.2% of assets.
Holdings cover 99.88% of net asset value (98.86% of total assets; remainder is cash and receivables). As of May 31, 2026 · N-PORT.
FMNIX Portfolio Holdings
196 holdings of Franklin Minnesota Tax-Free Income Fund by percentage of net assets, from the fund's SEC N-PORT filing as of May 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 196.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Alexandria Independent School District No. 206, Series 2017 A | — | Municipal Bonds | 4.88% | $29.06M |
| Minneapolis-St. Paul Metropolitan Airports Commission, Series 2016 C | — | Municipal Bonds | 3.51% | $20.91M |
| City of Fridley, Series 2023 A | — | Municipal Bonds | 2.81% | $16.76M |
| Duluth Economic Development Authority, Series 2018 A | — | Municipal Bonds | 2.66% | $15.84M |
| North St. Paul-Maplewood-Oakdale Independent School District No. 622, Series 2019 A | — | Municipal Bonds | 2.53% | $15.08M |
| Minneapolis-St. Paul Metropolitan Airports Commission, Series 2016 C | — | Municipal Bonds | 2.44% | $14.55M |
| Duluth Economic Development Authority, Series 2018 A | — | Municipal Bonds | 2.21% | $13.19M |
| City of St. Paul, Series 2023 A | — | Municipal Bonds | 2.20% | $13.08M |
| Minnesota Municipal Gas Agency, Series 2022 A | — | Municipal Bonds | 1.97% | $11.72M |
| City of Rochester, Series 2016 B | — | Municipal Bonds | 1.80% | $10.69M |
| City of St. Cloud, Series 2019 | — | Municipal Bonds | 1.70% | $10.13M |
| Minnesota Health & Education Facilities Authority, Series 2022 A | — | Municipal Bonds | 1.69% | $10.09M |
| City of Rochester, Series 2016 B | — | Municipal Bonds | 1.63% | $9.69M |
| Prior Lake-Savage Independent School District No. 719, Series 2018 B | — | Municipal Bonds | 1.60% | $9.53M |
| City of Fridley, Series 2018 | — | Municipal Bonds | 1.51% | $8.99M |
| Anoka-Hennepin Independent School District No. 11, Series 2018 A | — | Municipal Bonds | 1.50% | $8.94M |
| Duluth Economic Development Authority, Series 2022 B | — | Municipal Bonds | 1.38% | $8.24M |
| Minnesota Agricultural & Economic Development Board, Series 2024 | — | Municipal Bonds | 1.38% | $8.22M |
| Scott County Community Development Agency, Series 2022 A | — | Municipal Bonds | 1.36% | $8.10M |
| Prior Lake-Savage Independent School District No. 719, Series 2018 B | — | Municipal Bonds | 1.33% | $7.92M |
| City of Minneapolis, Series 2021 | — | Municipal Bonds | 1.11% | $6.60M |
| Southern Minnesota Municipal Power Agency, Series 1994 A | — | Municipal Bonds | 1.09% | $6.47M |
| University of Minnesota, Series 2019 A | — | Municipal Bonds | 1.06% | $6.29M |
| City of Minneapolis, Series 2018 A | — | Municipal Bonds | 1.02% | $6.07M |
| City of Rochester, Series 2016 B | — | Municipal Bonds | 1.00% | $5.98M |
| City of Minneapolis, Series 2020 | — | Municipal Bonds | 0.99% | $5.90M |
| Capital Trust Agency, Inc., Series 2021 A-1 | — | Municipal Bonds | 0.93% | $5.56M |
| Minnesota Agricultural & Economic Development Board, Series 2026 A | — | Municipal Bonds | 0.91% | $5.43M |
| Minnesota Municipal Gas Agency, Series 2026 A | — | Municipal Bonds | 0.88% | $5.23M |
| Anoka-Hennepin Independent School District No. 11, Series 2018 A | — | Municipal Bonds | 0.86% | $5.13M |
| Western Minnesota Municipal Power Agency, Series 2018 A | — | Municipal Bonds | 0.85% | $5.06M |
| Roseville Independent School District No. 623, Series 2018 A | — | Municipal Bonds | 0.84% | $5.02M |
| County of Rice, Series 2022 A | — | Municipal Bonds | 0.84% | $4.99M |
| Osseo Independent School District No. 279, Series 2024 A | — | Municipal Bonds | 0.83% | $4.96M |
| Roseville Independent School District No. 623, Series 2018 A | — | Municipal Bonds | 0.83% | $4.93M |
| State of Minnesota, Series 2023 B | — | Municipal Bonds | 0.80% | $4.79M |
| City of Mounds View, Series 2024 | — | Municipal Bonds | 0.76% | $4.51M |
| Prior Lake-Savage Independent School District No. 719, Series 2018 B | — | Municipal Bonds | 0.75% | $4.48M |
| North St. Paul-Maplewood-Oakdale Independent School District No. 622, Series 2019 A | — | Municipal Bonds | 0.73% | $4.34M |
| City of Coon Rapids, Series 2023 | — | Municipal Bonds | 0.70% | $4.15M |
| Hennepin County Regional Railroad Authority, Series 2019 A | — | Municipal Bonds | 0.69% | $4.13M |
| Minneapolis-St. Paul Metropolitan Airports Commission, Series 2016 C | — | Municipal Bonds | 0.68% | $4.07M |
| Minnesota Higher Education Facilities Authority, Series 2024 A | — | Municipal Bonds | 0.68% | $4.07M |
| Nashwauk Keewatin Independent School District No. 319, Series 2022 A | — | Municipal Bonds | 0.65% | $3.88M |
| City of Rochester, Series 2018 | — | Municipal Bonds | 0.65% | $3.85M |
| City of Rochester, Series 2025 D | — | Municipal Bonds | 0.62% | $3.70M |
| City of Rochester, Series 2022 | — | Municipal Bonds | 0.62% | $3.67M |
| Anoka-Hennepin Independent School District No. 11, Series 2018 A | — | Municipal Bonds | 0.61% | $3.66M |
| City of Minneapolis, Series 2018 A | — | Municipal Bonds | 0.59% | $3.50M |
| Prior Lake-Savage Independent School District No. 719, Series 2018 B | — | Municipal Bonds | 0.58% | $3.47M |
| Metropolitan Council, Series 2022 C | — | Municipal Bonds | 0.58% | $3.46M |
| City of Minneapolis, Series 2018 | — | Municipal Bonds | 0.57% | $3.42M |
| City of Corcoran, Series 2023 A | — | Municipal Bonds | 0.56% | $3.36M |
| Metropolitan Council, Series 2022 C | — | Municipal Bonds | 0.56% | $3.34M |
| Moorhead Independent School District No. 152, Series 2020 A | — | Municipal Bonds | 0.55% | $3.28M |
| Metropolitan Council, Series 2020 B | — | Municipal Bonds | 0.55% | $3.25M |
| St. Francis Independent School District No. 15, Series 2018 A | — | Municipal Bonds | 0.54% | $3.22M |
| University of Minnesota, Series 2019 A | — | Municipal Bonds | 0.54% | $3.19M |
| Sartell-St. Stephen Independent School District No. 748, Series 2016 B | — | Municipal Bonds | 0.53% | $3.16M |
| South Carolina State Housing Finance & Development Authority, Series 2021 A | — | Municipal Bonds | 0.53% | $3.15M |
| Pecan Public Facility Corp., Series 2022 A-2 | — | Municipal Bonds | 0.52% | $3.07M |
| University of Minnesota, Series 2017 A | — | Municipal Bonds | 0.51% | $3.05M |
| Metropolitan Council, Series 2020 B | — | Municipal Bonds | 0.50% | $2.97M |
| Hastings Independent School District No. 200, Series 2018 A | — | Municipal Bonds | 0.49% | $2.93M |
| Minnesota Health & Education Facilities Authority, Series 2023 | — | Municipal Bonds | 0.49% | $2.93M |
| City of Rochester, Series 2025 A | — | Municipal Bonds | 0.48% | $2.88M |
| Minneapolis-St. Paul Metropolitan Airports Commission, Series 2022 A | — | Municipal Bonds | 0.48% | $2.86M |
| Hastings Independent School District No. 200, Series 2018 A | — | Municipal Bonds | 0.47% | $2.78M |
| Dawson-Boyd Independent School District No. 378, Series 2019 A | — | Municipal Bonds | 0.46% | $2.72M |
| West St. Paul-Mendota Heights-Eagan Independent School District No. 197, Series 2018 A | — | Municipal Bonds | 0.45% | $2.67M |
| Hastings Independent School District No. 200, Series 2018 A | — | Municipal Bonds | 0.44% | $2.63M |
| Big Lake Economic Development Authority, Series 2026 A | — | Municipal Bonds | 0.43% | $2.56M |
| Hopkins Independent School District No. 270, Series 2019 A | — | Municipal Bonds | 0.40% | $2.40M |
| County of Norman, Series 2022 A | — | Municipal Bonds | 0.40% | $2.40M |
| Mankato Independent School District No. 77, Series 2022 A | — | Municipal Bonds | 0.40% | $2.37M |
| Minnesota Housing Finance Agency, Series 2011 | — | Municipal Bonds | 0.37% | $2.23M |
| University of Minnesota, Series 2019 A | — | Municipal Bonds | 0.37% | $2.20M |
| Gibbon Independent School District No. 2365, Series 2023 A | — | Municipal Bonds | 0.36% | $2.17M |
| Minnesota Housing Finance Agency, Series 2022 A | — | Municipal Bonds | 0.36% | $2.17M |
| Minnesota Office of Higher Education, Series 2023 | — | Municipal Bonds | 0.36% | $2.15M |
| University of Minnesota, Series 2020 A | — | Municipal Bonds | 0.36% | $2.13M |
| Red Rock Central Independent School District No. 2884, Series 2022 A | — | Municipal Bonds | 0.35% | $2.08M |
| Minnesota Health & Education Facilities Authority, Series 2018 A | — | Municipal Bonds | 0.35% | $2.08M |
| University of Minnesota, Series 2019 A | — | Municipal Bonds | 0.35% | $2.06M |
| Forest Lake Independent School District No. 831, Series 2023 A | — | Municipal Bonds | 0.35% | $2.06M |
| Sartell-St. Stephen Independent School District No. 748, Series 2016 B | — | Municipal Bonds | 0.34% | $2.01M |
| Minnesota Housing Finance Agency, Series 2026 A | — | Municipal Bonds | 0.34% | $2.01M |
| Redwood Area Schools Independent School District No. 2897, Series 2024 A | — | Municipal Bonds | 0.34% | $2.01M |
| County of Stearns, Series 2026 A | — | Municipal Bonds | 0.33% | $1.99M |
| City of Wadena, Series 2024 A | — | Municipal Bonds | 0.33% | $1.98M |
| Rosemount-Apple Valley-Eagan Independent School District No. 196, Series 2023 A | — | Municipal Bonds | 0.33% | $1.98M |
| South Washington County Independent School District No. 833 | — | Municipal Bonds | 0.32% | $1.93M |
| South Washington County Independent School District No. 833 | — | Municipal Bonds | 0.32% | $1.92M |
| Gibbon Independent School District No. 2365, Series 2023 A | — | Municipal Bonds | 0.32% | $1.91M |
| Brainerd Independent School District No. 181, Series 2018 A | — | Municipal Bonds | 0.32% | $1.90M |
| Minnesota Housing Finance Agency, Series 2020 D | — | Municipal Bonds | 0.31% | $1.83M |
| Washington State Housing Finance Commission, Series 2021 A | — | Municipal Bonds | 0.31% | $1.83M |
| Sartell-St. Stephen Independent School District No. 748, Series 2016 B | — | Municipal Bonds | 0.30% | $1.80M |
| Minnetonka Independent School District No. 276, Series 2026 A | — | Municipal Bonds | 0.30% | $1.78M |
| Watertown-Mayer Independent School District No. 111, Series 2020 A | — | Municipal Bonds | 0.30% | $1.78M |
FMNIX Sector Allocation
Franklin Minnesota Tax-Free Income Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Municipal Bonds | 100.0% | 196 |
FMNIX Country Allocation
Where Franklin Minnesota Tax-Free Income Fund's holdings are domiciled, by percentage of net assets (largest 1).
| Country | % of net assets |
|---|---|
| United States | 99.9% |
FMNIX Portfolio Allocation
Asset-class allocation of Franklin Minnesota Tax-Free Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.3% |
| Cash & Equivalents | 0.6% |
FMNIX Debt Constituents
Largest debt holdings of Franklin Minnesota Tax-Free Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Alexandria Independent School District No. 206 | 4.88% |
| Minneapolis-St. Paul Metropolitan Airports Commission | 3.51% |
| City of Fridley MN | 2.81% |
| Duluth Economic Development Authority | 2.66% |
| North St. Paul-Maplewood-Oakdale Independent School District No. 622 | 2.53% |
| Minneapolis-St. Paul Metropolitan Airports Commission | 2.44% |
| Duluth Economic Development Authority | 2.21% |
| City of St Paul MN Water Revenue | 2.20% |
| Minnesota Municipal Gas Agency | 1.97% |
| City of Rochester MN | 1.80% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.