Franklin OH Tax-Free Inc Adv (FROZX)
| Fund Assets | 913.85M |
| Expense Ratio | 0.56% |
| Min. Investment | $1,000 |
| Turnover | 13.17% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.57% |
| Dividend Growth | 4.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.04 |
| YTD Return | -2.49% |
| 1-Year Return | -1.49% |
| 5-Year Return | -3.59% |
| 52-Week Low | 10.84 |
| 52-Week High | 11.68 |
| Beta (5Y) | 0.27 |
| Holdings | 245 |
| Inception Date | Jul 1, 2008 |
About FROZX
Franklin Ohio Tax-Free Income Fund Advisor Class is a municipal bond mutual fund focused on providing investors with income that is exempt from both federal and Ohio state personal income taxes. The fund primarily invests at least 80% of its assets in municipal securities issued within Ohio, carefully selecting bonds that seek to preserve capital while maximizing tax-exempt yield for residents of the state. With over 240 holdings, the fund is diversified across a broad array of Ohio-based issuers, such as local governments, school districts, and state agencies. It aims to suit investors seeking steady, tax-advantaged monthly income, reflected in its consistent monthly dividend payouts. The fund is notable for its low historical beta, indicating reduced volatility compared to broader markets, and maintains a moderate expense ratio. Its market significance lies in serving investors who prioritize tax efficiency, particularly those residing in Ohio, and who seek comparatively stable returns within the municipal bond sector.
Performance
FROZX had a total return of -1.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.55%.
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 | $0.03491 | Jul 31, 2025 |
| Jun 30, 2025 | $0.032 | Jun 30, 2025 |
| May 30, 2025 | $0.03532 | May 30, 2025 |
| Apr 30, 2025 | $0.0331 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03165 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03026 | Feb 28, 2025 |