Franklin Ohio Tax-Free Income Fund Class C (FOITX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.65
+0.04 (0.34%)
Oct 25, 2024, 4:00 PM EDT
7.97%
Fund Assets 1.04B
Expense Ratio 1.20%
Min. Investment $1,000
Turnover 9.53%
Dividend (ttm) 0.30
Dividend Yield 2.61%
Dividend Growth 9.42%
Payout Frequency Monthly
Ex-Dividend Date Sep 30, 2024
Previous Close 11.61
YTD Return 1.29%
1-Year Return 10.61%
5-Year Return -0.73%
52-Week Low 10.76
52-Week High 11.83
Beta (5Y) n/a
Holdings 249
Inception Date May 1, 1995

About FOITX

The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.

Fund Family Franklin Templeton Investments
Category Muni Ohio
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol FOITX
Index Bloomberg Municipal Bond TR

Performance

FOITX had a total return of 10.61% in the past year. Since the fund's inception, the average annual return has been 3.24%, including dividends.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FOHFX Fidelity Fidelity Ohio Municipal Income Fund 0.46%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
FROZX Advisor Class 0.56%
FTOIX Class A1 0.66%
FOHQX Class A 0.81%
FKTOX Class R6 0.53%

Top 10 Holdings

16.16% of assets
Name Symbol Weight
MIAMI VY CAREER TECHNICAL CTR OHIO 5% OH MIVHGR 5 12.01.2044 2.04%
HUDSON OHIO CITY SCH DIST 4% OH HUDSCD 4 12.01.2045 1.84%
OHIO ST TPK COMMN TPK REV 5% OH OHSTRN 5 02.15.2043 1.72%
OHIO HSG FIN AGY MULTIFAMILY HSG REV 5.625% OH OHSMFH 5.62 08.01.2041 1.70%
FRANKLIN CNTY OHIO CONVENTION FACS AUTH 5% OH FRAFAC 5 12.01.2035 1.67%
CINCINNATI OHIO CITY SCH DIST 5.25% OH CINSCD 5.25 12.01.2027 1.59%
COLUMBUS OHIO SWR REV 4% OH COLUTL 4 06.01.2031 1.46%
OHIO ST TPK COMMN TPK REV 5% OH OHSTRN 5 02.15.2046 1.38%
FREMONT OHIO CITY SCH DIST 5% OH FRESCD 5 01.15.2049 1.38%
UPPER ARLINGTON OHIO CITY SCH DIST 5% OH UPPSCD 5 12.01.2048 1.37%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Sep 30, 2024 $0.0234 Sep 30, 2024
Aug 30, 2024 $0.02753 Aug 30, 2024
Jul 31, 2024 $0.02596 Jul 31, 2024
Jun 28, 2024 $0.02351 Jun 28, 2024
May 31, 2024 $0.02746 May 31, 2024
Apr 30, 2024 $0.02501 Apr 30, 2024
Full Dividend History