Franklin Ohio Tax-Free Income Fund Class Adv (FROZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.94
-0.01 (-0.09%)
Jul 23, 2025, 4:00 PM EDT
-0.09%
Fund Assets934.28M
Expense Ratio0.56%
Min. Investment$1,000
Turnover13.17%
Dividend (ttm)0.39
Dividend Yield3.58%
Dividend Growth4.95%
Payout FrequencyMonthly
Ex-Dividend Daten/a
Previous Close10.95
YTD Return-3.37%
1-Year Return-1.69%
5-Year Return-4.84%
52-Week Low10.84
52-Week High11.68
Beta (5Y)0.27
Holdings241
Inception DateJul 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.

Fund Family Franklin Templeton Investments
Category Muni Ohio
Stock Exchange NASDAQ
Ticker Symbol FROZX
Share Class Advisor Class
Index Bloomberg Municipal Bond TR

Performance

FROZX had a total return of -1.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.51%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
FOHFXFidelityFidelity Ohio Municipal Income Fund0.46%

Other Share Classes

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

SymbolShare ClassExpense Ratio
FKTOXClass R60.53%
FTOIXClass A10.66%
FOHQXClass A0.81%
FOITXClass C1.20%

Top 10 Holdings

16.47% of assets
NameSymbolWeight
MIAMI VY CAREER TECHNICAL CTR OHIO 5%OH.MIVHGR 5 12.01.20442.17%
OHIO ST TPK COMMN TPK REV 5%OH.OHSTRN 5 02.15.20431.87%
HUDSON OHIO CITY SCH DIST 4%OH.HUDSCD 4 12.01.20451.84%
OHIO HSG FIN AGY MULTIFAMILY HSG REV 5.625%OH.OHSMFH 5.62 08.01.20411.77%
CINCINNATI OHIO CITY SCH DIST 5.25%OH.CINSCD 5.25 12.01.20271.70%
FREMONT OHIO CITY SCH DIST 5%OH.FRESCD 5 01.15.20491.51%
OHIO ST TPK COMMN TPK REV 5%OH.OHSTRN 5 02.15.20461.50%
UPPER ARLINGTON OHIO CITY SCH DIST 5%OH.UPPSCD 5 12.01.20481.48%
PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 0%WI.PUBMFH 0 12.01.20441.38%
FRANKLIN CNTY OHIO REV 5%OH.FRAGEN 5 12.01.20471.25%

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.032Jun 30, 2025
May 30, 2025$0.03532May 30, 2025
Apr 30, 2025$0.0331Apr 30, 2025
Mar 31, 2025$0.03165Mar 31, 2025
Feb 28, 2025$0.03026Feb 28, 2025
Jan 31, 2025$0.03466Jan 31, 2025
Full Dividend History