Morningstar

Franklin Ohio Tax-Free Income Fund Class R6 FKTOX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $10.92  /  +0.83 %
  • Fund Size $813.4M
  • Adjusted Expense Ratio 0.540%
  • Net Expense Ratio 0.540%
  • Fee Level: Distribution Average
  • Share Class Type Retirement, Large
  • Morningstar Category Muni Ohio
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 3.97%
  • Average Effective Duration 8.06 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FKTOX

Will FKTOX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FKTOX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FKTOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FKTOX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Franklin OH Tax-Free Inc R6 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings FKTOX

More FKTOX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MIAMI VY CAREER TECHNICAL CTR OHIO 5%

2.45 20M
municipal

OHIO ST TPK COMMN TPK REV 5%

2.09 17M
municipal

HUDSON OHIO CITY SCH DIST 4%

1.84 15M
municipal

FREMONT OHIO CITY SCH DIST 5%

1.67 14M
municipal

OHIO ST TPK COMMN TPK REV 5%

1.65 13M
municipal

CASH OR CURRENCY

1.63 13M
Cash and Equivalents

OHIO HSG FIN AGY MULTIFAMILY HSG REV 5.625%

1.62 13M
municipal

PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 0%

1.58 13M
municipal

FRANKLIN CNTY OHIO REV 5%

1.42 12M
municipal

OHIO ST WTR DEV AUTH REV 5%

1.26 10M
municipal

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