Franklin OH Tax-Free Inc Adv (FROZX)
| Fund Assets | 925.16M |
| Expense Ratio | 0.56% |
| Min. Investment | $1,000 |
| Turnover | 13.17% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 3.51% |
| Dividend Growth | 4.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 11.43 |
| YTD Return | 3.06% |
| 1-Year Return | 1.67% |
| 5-Year Return | 0.50% |
| 52-Week Low | 10.58 |
| 52-Week High | 11.47 |
| Beta (5Y) | 0.30 |
| Holdings | 238 |
| 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 1.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.29%.
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 Fund | 0.46% |
Top 10 Holdings
16.99% of assets| Name | Symbol | Weight |
|---|---|---|
| MIAMI VY CAREER TECHNICAL CTR OHIO 5% | OH.MIVHGR 5 12.01.2044 | 2.22% |
| HUDSON OHIO CITY SCH DIST 4% | OH.HUDSCD 4 12.01.2045 | 1.96% |
| OHIO ST TPK COMMN TPK REV 5% | OH.OHSTRN 5 02.15.2043 | 1.89% |
| OHIO HSG FIN AGY MULTIFAMILY HSG REV 5.625% | OH.OHSMFH 5.62 08.01.2041 | 1.88% |
| CINCINNATI OHIO CITY SCH DIST 5.25% | OH.CINSCD 5.25 12.01.2027 | 1.71% |
| FREMONT OHIO CITY SCH DIST 5% | OH.FRESCD 5 01.15.2049 | 1.52% |
| OHIO ST TPK COMMN TPK REV 5% | OH.OHSTRN 5 02.15.2046 | 1.52% |
| PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 0% | WI.PUBMFH 0 12.01.2044 | 1.51% |
| UPPER ARLINGTON OHIO CITY SCH DIST 5% | OH.UPPSCD 5 12.01.2048 | 1.49% |
| FRANKLIN CNTY OHIO REV 5% | OH.FRAGEN 5 12.01.2047 | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.03102 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03664 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03225 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03561 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03491 | Jul 31, 2025 |
| Jun 30, 2025 | $0.032 | Jun 30, 2025 |