Franklin OH Tax-Free Inc C (FOITX)
| Fund Assets | 913.85M |
| Expense Ratio | 1.20% |
| Min. Investment | $1,000 |
| Turnover | 13.17% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.86% |
| Dividend Growth | 5.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.17 |
| YTD Return | -2.75% |
| 1-Year Return | -2.22% |
| 5-Year Return | -6.53% |
| 52-Week Low | 10.98 |
| 52-Week High | 11.83 |
| Beta (5Y) | n/a |
| Holdings | 245 |
| 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 -2.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.07%.
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 | 0.46% |
Top 10 Holdings
16.74% of assets| Name | Symbol | Weight |
|---|---|---|
| MIAMI VY CAREER TECHNICAL CTR OHIO 5% | OH.MIVHGR 5 12.01.2044 | 2.21% |
| OHIO ST TPK COMMN TPK REV 5% | OH.OHSTRN 5 02.15.2043 | 1.91% |
| HUDSON OHIO CITY SCH DIST 4% | OH.HUDSCD 4 12.01.2045 | 1.84% |
| OHIO HSG FIN AGY MULTIFAMILY HSG REV 5.625% | OH.OHSMFH 5.62 08.01.2041 | 1.82% |
| CINCINNATI OHIO CITY SCH DIST 5.25% | OH.CINSCD 5.25 12.01.2027 | 1.74% |
| OHIO ST TPK COMMN TPK REV 5% | OH.OHSTRN 5 02.15.2046 | 1.54% |
| FREMONT OHIO CITY SCH DIST 5% | OH.FRESCD 5 01.15.2049 | 1.53% |
| UPPER ARLINGTON OHIO CITY SCH DIST 5% | OH.UPPSCD 5 12.01.2048 | 1.51% |
| PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 0% | WI.PUBMFH 0 12.01.2044 | 1.37% |
| FRANKLIN CNTY OHIO REV 5% | OH.FRAGEN 5 12.01.2047 | 1.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02873 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0262 | Jun 30, 2025 |
| May 30, 2025 | $0.02888 | May 30, 2025 |
| Apr 30, 2025 | $0.02706 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02569 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02446 | Feb 28, 2025 |