Franklin Ohio Tax-Free Income Fund Class C (FOITX)
| Fund Assets | 925.16M |
| Expense Ratio | 1.20% |
| Min. Investment | $1,000 |
| Turnover | 13.17% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 2.83% |
| Dividend Growth | 6.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 11.57 |
| YTD Return | 2.32% |
| 1-Year Return | 0.90% |
| 5-Year Return | -2.98% |
| 52-Week Low | 10.77 |
| 52-Week High | 11.61 |
| Beta (5Y) | n/a |
| Holdings | 238 |
| Inception Date | May 1, 1995 |
About FOITX
Franklin Ohio Tax-Free Income Fund Class C is a municipal bond mutual fund that primarily targets the preservation of capital and the generation of income that is exempt from federal income tax, including the federal alternative minimum tax. The fund invests at least 80% of its assets in securities, such as municipal bonds, whose interest payments are free from regular federal income taxes, and seeks to provide income also exempt from Ohio personal income taxes for residents of that state. Its portfolio predominantly consists of debt securities issued by Ohio municipalities and other public entities, offering a means for investors to access tax-advantaged fixed income streams. With a strategy tailored for those who value tax efficiency, the fund plays a significant role in the market for state-specific municipal bonds, supporting public projects in Ohio while catering to investors with a focus on tax-exempt income generation.
Performance
FOITX had a total return of 0.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.58%.
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% |
Top 10 Holdings
16.99% of assets| Name | Symbol | Weight |
|---|---|---|
| MIAMI VY CAREER TECHNICAL CTR OHIO 5% | OH.MIVHGR 5 12.01.2044 | 2.22% |
| HUDSON OHIO CITY SCH DIST 4% | OH.HUDSCD 4 12.01.2045 | 1.96% |
| OHIO ST TPK COMMN TPK REV 5% | OH.OHSTRN 5 02.15.2043 | 1.89% |
| OHIO HSG FIN AGY MULTIFAMILY HSG REV 5.625% | OH.OHSMFH 5.62 08.01.2041 | 1.88% |
| CINCINNATI OHIO CITY SCH DIST 5.25% | OH.CINSCD 5.25 12.01.2027 | 1.71% |
| FREMONT OHIO CITY SCH DIST 5% | OH.FRESCD 5 01.15.2049 | 1.52% |
| OHIO ST TPK COMMN TPK REV 5% | OH.OHSTRN 5 02.15.2046 | 1.52% |
| PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 0% | WI.PUBMFH 0 12.01.2044 | 1.51% |
| UPPER ARLINGTON OHIO CITY SCH DIST 5% | OH.UPPSCD 5 12.01.2048 | 1.49% |
| FRANKLIN CNTY OHIO REV 5% | OH.FRAGEN 5 12.01.2047 | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.0252 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02981 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02634 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02923 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02873 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0262 | Jun 30, 2025 |