Franklin OR Tax Free Income A1 (FRORX)
| Fund Assets | 810.72M |
| Expense Ratio | 0.67% |
| Min. Investment | $1,000 |
| Turnover | 11.31% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.24% |
| Dividend Growth | 6.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.48 |
| YTD Return | 1.30% |
| 1-Year Return | 2.80% |
| 5-Year Return | 1.63% |
| 52-Week Low | 9.85 |
| 52-Week High | 10.64 |
| Beta (5Y) | n/a |
| Holdings | 175 |
| Inception Date | Sep 1, 1987 |
About FRORX
Franklin Oregon Tax-Free Income Fund Class A1 is a municipal bond mutual fund designed to provide a high level of current income exempt from both federal income taxes and Oregon personal income taxes. The fund primarily invests at least 80% of its assets in a diversified portfolio of municipal bonds issued by the state of Oregon and its local governments, which finance public projects such as infrastructure, education, and healthcare. By focusing on high-quality securities—generally rated within the top four categories by nationally recognized rating agencies—the fund seeks to limit credit risk while emphasizing tax efficiency for Oregon residents. It is structured for investors with a long-term investment horizon, typically maintaining holdings with substantial durations, often exceeding six years, to optimize income generation. The fund pays dividends monthly, and the interest income is generally free from both federal and Oregon state income taxes for qualified investors. Franklin Oregon Tax-Free Income Fund Class A1 plays an important role in the market by offering a tax-advantaged vehicle tailored to residents of Oregon, supporting local public finance while appealing to those in higher tax brackets seeking stable, tax-free income.
Performance
FRORX had a total return of 2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.35%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
28.82% of assets| Name | Symbol | Weight |
|---|---|---|
| OREGON ST FACS AUTH REV 4% | OR.ORSFAC 4 10.01.2051 | 4.81% |
| OREGON ST FACS AUTH REV 5% | OR.ORSFAC 5 06.01.2046 | 3.25% |
| MULTNOMAH-CLACKAMAS CNTYS ORE CENTENNIAL SCH DIST NO 28JT 5% | OR.MULSCD 5 06.15.2050 | 3.13% |
| OREGON ST DEPT TRANSN HWY USER TAX REV 5% | OR.ORSTRN 5 11.15.2039 | 3.05% |
| OREGON HEALTH SCIENCES UNIV REV 4% | OR.ORSHGR 4 07.01.2051 | 2.99% |
| OREGON ST HSG & CMNTY SVCS DEPT MULTIFAMILY REV 5.5% | OR.ORSMFH 5.5 12.01.2039 | 2.56% |
| WASHINGTON CNTY ORE SCH DIST NO 48J BEAVERTON 5% | OR.WASSCD 5 06.15.2052 | 2.47% |
| PORTLAND ORE SWR SYS REV 5% | OR.PORUTL 5 10.01.2054 | 2.25% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 2.16% |
| SALEM ORE HOSP FAC AUTH REV 5% | OR.SALMED 5 05.15.2046 | 2.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02827 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0317 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03068 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02857 | Jun 30, 2025 |
| May 30, 2025 | $0.03193 | May 30, 2025 |
| Apr 30, 2025 | $0.02937 | Apr 30, 2025 |