Franklin Ohio Tax-Free Income Fund Class R6 FKTOX Strategy
Strategy
The investment seeks to provide investors with as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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|---|---|---|---|---|---|---|---|---|---|---|---|
FROZX
| Franklin Ohio Tax-Free Income Fund Class Adv | Institutional | Open | $164.50M | 0.570% | Above Average | $100,000 | −$11.17M | |||
FTOIX
| Franklin Ohio Tax-Free Income Fund Class A1 | Front Load | Limited | $382.22M | 0.670% | Low | $1,000 | −$58.94M | |||
FOHQX
| Franklin Ohio Tax-Free Income Fund Class A | Front Load | Open | $226.54M | 0.820% | Above Average | $1,000 | −$13.16M | |||
FOITX
| Franklin Ohio Tax-Free Income Fund Class C | Level Load | Open | $17.41M | 1.220% | Low | $1,000 | −$9.52M | |||
FKTOX
| Franklin Ohio Tax-Free Income Fund Class R6 | Retirement, Large | Open | $25.34M | 0.540% | Average | $1M | $5.15M |