About FCOIX
Franklin Colorado Tax-Free Income Fund Class C is a municipal bond mutual fund designed to provide investors with income that is exempt from both regular federal income taxes and Colorado state personal income taxes. Its primary objective is to maximize tax-free income while maintaining prudent investment management and the preservation of shareholders’ capital. This fund predominantly invests in a diversified portfolio of Colorado municipal bonds, with over 90% of its holdings in obligations issued by the state and its subdivisions, while a small portion is allocated to other states and territories. The fund’s portfolio spans sectors such as local government, health care, education, utilities, special tax districts, and transportation, offering broad exposure to Colorado's municipal infrastructure. The majority of its holdings are investment-grade, with notable allocations to bonds rated AA and A, supporting its focus on quality and stability. This fund plays a significant role for residents seeking consistent, tax-advantaged income and for those who wish to support Colorado’s public projects through fixed income investments.
Fund Family Franklin Templeton Investments
Category Muni Single State Long
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FCOIX
Share Class Class C
Index Bloomberg Municipal Bond TR
FCOIX had a total return of 5.82% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.21%.
