{
  "page": "compare",
  "query": {
    "a": "FMHTX",
    "b": "FTTMX"
  },
  "retrieved_at": "2026-07-07T18:52:39+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Fidelity Michigan Municipal Income Fund",
    "ticker": "FMHTX",
    "slug": "FMHTX",
    "series_id": "S000007129",
    "html_url": "https://fundwatcher.app/funds/FMHTX/"
  },
  "fund_b": {
    "name": "Franklin Michigan Tax-Free Income Fund",
    "ticker": "FTTMX",
    "slug": "FTTMX",
    "series_id": "S000006919",
    "html_url": "https://fundwatcher.app/funds/FTTMX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.05222888830267343306611287488",
    "coverage_b_by_a": "0.05222888830267343306611287488",
    "shared_count": 20,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-02-28"
    },
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        "weight": "0.03728203",
        "shared": false
      },
      {
        "name": "MI SF HSG 22B L=BC V7",
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        "weight": "0.02037269",
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      },
      {
        "name": "MICHIGAN ST FIN AUTH REVENUE REGD B/E 4.00000000",
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        "weight": "0.01434875",
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      },
      {
        "name": "MI STRAT FND MT 3.875% 6/1/2053 @",
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      {
        "name": "MICHIGAN ST BLDG AUTH REVENUE REGD B/E 3.00000000",
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      {
        "name": "WAYNE CO MI AAR 5% 12/1/2030 @",
        "value": "6128454.63",
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      },
      {
        "name": "MI FIN AUTH -A -REF-C",
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      {
        "name": "LANSING MICH BRD WTR & LT UTIL SYS REV",
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        "name": "MI STRAT FND 4.25% 12/31/2038@",
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      {
        "name": "MICHIGAN ST HOSP FIN AUTH MICHIGAN STATE HOSPITAL FINANCE AUTHORITY",
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      },
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        "name": "MI STRAT FND 5% 12/31/2043 @",
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      {
        "name": "MI STRAT FND 4% MT@",
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      },
      {
        "name": "KALAMAZOO HOSP-UNREFD",
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      {
        "name": "LANSING MICH 4% 6/1/2040",
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      {
        "name": "GREAT LAKES WTR 5.25% 7/1/2045",
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      {
        "name": "MI STRAT FND 5% 12/31/2030 @",
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        "name": "GRAND RAPID SWR 5% 1/1/2030",
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        "name": "DETROIT MI 5% 5/1/2039",
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      {
        "name": "MI ST HDA RENTL 3.8% 10/1/2038",
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      {
        "name": "MICHIGAN ST FIN AUTH REVENUE REGD B/E 4.00000000",
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      {
        "name": "DETROIT MI 5% 5/1/2038",
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      {
        "name": "BYRON CENTER MI PUBLIC SCHS",
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      {
        "name": "GREAT LAKES WTR 5.25% 7/1/2043",
        "value": "3566332.31",
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      },
      {
        "name": "Fidelity Municipal Cash Central Fund",
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      },
      {
        "name": "WARREN MI CSD 5% 5/1/2037",
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      {
        "name": "GRAND RAPID SWR 5% 1/1/2032",
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      {
        "name": "MI STRAT FND 5% 12/31/2031 @",
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      {
        "name": "MICHIGAN FIN AU 5% 10/1/2044",
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        "name": "MI ST UNIV 5.25% 8/15/54",
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      {
        "name": "ST BLDG AUTH-II",
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      {
        "name": "MI FIN AUTH -A-2-REF",
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      {
        "name": "WAYNE CO MI AAR 5% 12/1/2032 @",
        "value": "3060706.40",
        "weight": "0.00623548",
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      {
        "name": "Gerald R. Ford International Airport Authority, Kent County, Michigan, Revenue Bonds, Limited Tax General Obligation Series 2024",
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      {
        "name": "GRAND RAPID SWR 5% 1/1/2029",
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        "weight": "0.00607811",
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      {
        "name": "FARMINGTON PUBI 4% 5/1/2040",
        "value": "2966024.10",
        "weight": "0.00604259",
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      },
      {
        "name": "Wayne County Airport Authority",
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      {
        "name": "Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport), Series 2025, RB",
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      {
        "name": "MI LCRSCD 5 05/01/2049",
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      {
        "name": "KENT MI HOSP (MARY FREE BED HOSP REHAB CTR) 4% 4/1/41",
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        "weight": "0.00540318",
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      {
        "name": "MICH TECH UNIV 4% 10/1/2046",
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      {
        "name": "PORTAGE MI PUBLIC SCHS",
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      {
        "name": "MI STRAT FND 5% 6/30/2033 @",
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        "weight": "0.00505075",
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      {
        "name": "MICHIGAN ST HSG DEV AUTH SF MT REGD B/E 6.00000000",
        "value": "2476370.87",
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      {
        "name": "KAREGNONDI WTR 5% 11/1/2039",
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        "name": "GRAND RAPID WTR 5% 1/1/2030",
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      {
        "name": "MI ST HDA RENTL 3.35% 10/1/2049",
        "value": "2351840.40",
        "weight": "0.00479133",
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      {
        "name": "MI FIN AUTH LTD 4% 12/1/2047",
        "value": "2287322.05",
        "weight": "0.00465989",
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      {
        "name": "MI ST UNIV BRD-A-REF",
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        "weight": "0.00463324",
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    ],
    "b_top": [
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "12661717.65",
        "weight": "0.01943050",
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      },
      {
        "name": "MICHIGAN ST BLDG AUTH REVENUE REGD B/E 5.00000000",
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      {
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      {
        "name": "Trenton Public Schools School District, Series 2018",
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      {
        "name": "MICHIGAN ST FIN AUTH REVENUE",
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      {
        "name": "LANSING MI",
        "value": "10469095.85",
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      {
        "name": "MI MISMED 5 11/15/2047",
        "value": "10193420.00",
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      {
        "name": "Public Finance Authority, Series 2025 A-2",
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      {
        "name": "MICHIGAN ST BLDG AUTH REVENUE",
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      {
        "name": "LANSING MI WTR 5% 7/1/2054",
        "value": "9853487.40",
        "weight": "0.01512102",
        "shared": true
      },
      {
        "name": "WAYNE ST UNIV-A-GEN",
        "value": "9343727.00",
        "weight": "0.01433875",
        "shared": false
      },
      {
        "name": "MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 3.1%, DUE 12/1/2044",
        "value": "9232584.90",
        "weight": "0.01416820",
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      },
      {
        "name": "Michigan Finance Authority, Series 2018 B",
        "value": "8492720.78",
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      {
        "name": "MET TRANSPRTN AUTH NY REVENUE",
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      {
        "name": "KENTWOOD MI ECON DEV CORP REGD B/E 4.00000000",
        "value": "8161352.39",
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      {
        "name": "Public Finance Authority, Series 2024 A-2",
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      {
        "name": "Wayne County Airport Authority, Series 2018 A",
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      },
      {
        "name": "SOUTHFIELD PUB SCH",
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      {
        "name": "Farmington Public School District, Series 2018",
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      {
        "name": "Ludington Area School District, Series 2022 II",
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      {
        "name": "MUNSON HEALTHCARE OBLIGATED GROUP 3.0% 07-01-51",
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        "weight": "0.01114633",
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      },
      {
        "name": "Belding Area Schools, Series 2022",
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      {
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      {
        "name": "DETROIT MI CITY SCH DIST REGD N/C B/E AG Q-SB 6.00000000",
        "value": "7043727.43",
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      },
      {
        "name": "MI STRAT FND 5% 6/30/2048 @",
        "value": "7005680.50",
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      },
      {
        "name": "Byron Center Public Schools, Series 2017 I",
        "value": "6797011.28",
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      },
      {
        "name": "Plainwell Community Schools, Series 2022 II",
        "value": "6607041.00",
        "weight": "0.01013907",
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      },
      {
        "name": "Michigan Finance Authority, Series 2018 B",
        "value": "6317201.40",
        "weight": "0.00969429",
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      },
      {
        "name": "Sparta Area Schools, Series 2019 II",
        "value": "5856537.73",
        "weight": "0.00898736",
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      },
      {
        "name": "UNIV OF MICHIGAN",
        "value": "5806061.13",
        "weight": "0.00890990",
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      },
      {
        "name": "Woodhaven-Brownstown School District, Series 2025 III",
        "value": "5738493.20",
        "weight": "0.00880621",
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      },
      {
        "name": "Comstock Park Public Schools, Series 2025 II",
        "value": "5631837.26",
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      },
      {
        "name": "Allegan Public School District, Series 2025 III",
        "value": "5578236.24",
        "weight": "0.00856028",
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      },
      {
        "name": "MICHIGAN ST HOSP FIN",
        "value": "5578177.18",
        "weight": "0.00856019",
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      },
      {
        "name": "GREAT LAKES WTR 5.50% 7/1/2052",
        "value": "5309163.00",
        "weight": "0.00814737",
        "shared": false
      },
      {
        "name": "MI ST UNIV BRD-A-REF",
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        "weight": "0.00808136",
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      },
      {
        "name": "University of Michigan, Series 2017 A, Ref. RB",
        "value": "5151784.50",
        "weight": "0.00790586",
        "shared": false
      },
      {
        "name": "Trenton Public Schools School District, Series 2018, GO Bonds",
        "value": "5093236.15",
        "weight": "0.00781601",
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      },
      {
        "name": "MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE",
        "value": "5074179.00",
        "weight": "0.00778676",
        "shared": false
      },
      {
        "name": "Capital Trust Authority, Series 2024",
        "value": "5071116.99",
        "weight": "0.00778207",
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      },
      {
        "name": "MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE",
        "value": "5053671.50",
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      {
        "name": "OAKLAND UNIV MI REVENUE REGD B/E 5.00000000",
        "value": "5001444.00",
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      },
      {
        "name": "Capital Trust Agency, Inc., Series 2021 A-1",
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        "weight": "0.00742889",
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      },
      {
        "name": "WAYNE ST UNIV-A-GEN",
        "value": "4668655.05",
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      },
      {
        "name": "Kent Hospital Finance Authority, Series 2021 A",
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      },
      {
        "name": "Gull Lake Community School District, Series 2018 I",
        "value": "4089720.80",
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      },
      {
        "name": "MACOMB MI INTERCEPT-A",
        "value": "4073315.60",
        "weight": "0.00625085",
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      },
      {
        "name": "Michigan Finance Authority, Series 2024 B",
        "value": "3962801.91",
        "weight": "0.00608126",
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      },
      {
        "name": "STATE OF MICHIGAN 4.0% 10-15-52",
        "value": "3940215.38",
        "weight": "0.00604660",
        "shared": false
      },
      {
        "name": "Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport), Series 2021 A, RB",
        "value": "3833222.52",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000035402-26-003408",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/35373/000003540226003408/0000035402-26-003408-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002071691-26-008604",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/757010/000207169126008604/0002071691-26-008604-index.htm"
    }
  ]
}