Franklin Oregon Tax Free Income Fund Class A1 (FRORX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.94
+0.01 (0.09%)
At close: Feb 13, 2026
Fund Assets799.04M
Expense Ratio0.67%
Min. Investment$1,000
Turnover11.31%
Dividend (ttm)0.36
Dividend Yield3.27%
Dividend Growth5.57%
Payout FrequencyMonthly
Ex-Dividend DateJan 30, 2026
Previous Close10.93
YTD Return1.02%
1-Year Return4.66%
5-Year Return0.88%
52-Week Low9.94
52-Week High10.94
Beta (5Y)n/a
Holdings165
Inception DateSep 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.

Fund Family Franklin Templeton Investments
Category Muni Single State Long
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FRORX
Share Class Class A1
Index Bloomberg Municipal Bond TR

Performance

FRORX had a total return of 4.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.95%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
FSAZXFidelityFidelity Arizona Municipal Income Fund0.55%
FICNXFidelityFidelity Connecticut Municipal Income Fund0.46%
FMHTXFidelityFidelity Michigan Municipal Income Fund0.46%

Other Share Classes

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

SymbolShare ClassExpense Ratio
FOFRXClass R60.54%
FOFZXAdvisor Class0.57%
FOFQXClass A0.82%
FORIXClass C1.21%

Dividend History

Ex-DividendAmountPay Date
Jan 30, 2026$0.03097Jan 30, 2026
Dec 31, 2025$0.03184Dec 31, 2025
Nov 28, 2025$0.0275Nov 28, 2025
Oct 31, 2025$0.03256Oct 31, 2025
Sep 30, 2025$0.02827Sep 30, 2025
Aug 29, 2025$0.0317Aug 29, 2025
Full Dividend History