Franklin Virginia Tax Free Income Fund Class R6 (FRVRX)
| Fund Assets | 447.45M |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000,000 |
| Turnover | 15.63% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.99% |
| Dividend Growth | 6.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.84 |
| YTD Return | 0.01% |
| 1-Year Return | 3.23% |
| 5-Year Return | 1.93% |
| 52-Week Low | 9.41 |
| 52-Week High | 10.02 |
| Beta (5Y) | n/a |
| Holdings | 148 |
| Inception Date | Aug 1, 2017 |
About FRVRX
Franklin Virginia Tax-Free Income Fund Class R6 is an open-end municipal bond mutual fund designed to provide investors with a high level of income that is exempt from both regular federal income taxes and Virginia personal income taxes. The fund primarily invests in municipal securities issued by the Commonwealth of Virginia and its local governments, focusing on bonds with credit ratings among the top four categories by nationally recognized rating agencies. This strategy targets individuals and institutions seeking tax-efficient fixed income solutions while emphasizing capital preservation and stable income. The fund’s portfolio is managed with an eye toward credit quality and diversification within the Virginia municipal market, and it measures its performance against the Bloomberg Municipal Bond Index. With a substantial asset base and competitive yields, Franklin Virginia Tax-Free Income Fund Class R6 plays a specialized role in the marketplace by catering specifically to investors who benefit from state and federal tax-exempt income, particularly those residing in Virginia.
Performance
FRVRX had a total return of 3.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.45%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02784 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02521 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02684 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02832 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02448 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0292 | Oct 31, 2025 |