Franklin Ohio Tax-Free Income Fund Class A1 (FTOIX)

Fund Assets	868.08M
Expense Ratio	0.67%
Min. Investment	$1,000
Turnover	10.45%
Dividend (ttm)	0.40
Dividend Yield	3.65%
Dividend Growth	5.22%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	11.13
YTD Return	-0.90%
1-Year Return	2.40%
5-Year Return	0.14%
52-Week Low	11.07
52-Week High	11.60
Beta (5Y)	0.02
Holdings	245
Inception Date	Apr 3, 1985

About FTOIX

Franklin Ohio Tax-Free Income Fund Class A1 is a municipal bond mutual fund designed to provide income that is exempt from both federal and Ohio state personal income taxes. Its primary purpose is to deliver tax-advantaged income through a diversified portfolio primarily composed of investment-grade municipal bonds issued by Ohio state and local entities. The fund's holdings cover various sectors such as general obligation, healthcare, education, utilities, and transportation, reflecting the diverse economic landscape of Ohio. Established in 1985, the fund emphasizes prudent investment management with an eye on capital preservation and income stability for shareholders. It is suited for investors seeking regular, tax-exempt distributions, as it pays dividends monthly. The fund is notable for its moderate expense ratio, relatively long effective duration, and exposure to credit and interest rate risks typical of longer-maturity municipal bonds. With assets exceeding $1 billion and over two hundred individual holdings, Franklin Ohio Tax-Free Income Fund Class A1 plays a significant role in the municipal bond market by supporting public infrastructure and services through its investments while offering investors an opportunity to earn income tax-free.

• Fund Family: Franklin Templeton Investments
• Category: Muni Ohio
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: FTOIX
• Share Class: Class A1
• Index: Bloomberg Municipal Bond TR

Performance

FTOIX had a total return of 2.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.16%.

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%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FKTOX	Class R6	0.54%
FROZX	Advisor Class	0.57%
FOHQX	Class A	0.82%
FOITX	Class C	1.22%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.03284	Aug 31, 2026
Jul 31, 2026	$0.03723	Jul 31, 2026
Jun 30, 2026	$0.03362	Jun 30, 2026
May 29, 2026	$0.03442	May 29, 2026
Apr 30, 2026	$0.03343	Apr 30, 2026
Mar 31, 2026	$0.03468	Mar 31, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 10, 2026

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