FOFZX – Franklin OR Tax Free Income Adv Investment Strategy | Morningstar

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Strategy

The investment seeks to provide investors with as high a level of income exempt from federal income taxes and from personal income taxes, if any, for resident shareholders of Oregon as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of its net 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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FOFZX	Franklin Oregon Tax Free Income Fund Advisor Class	Institutional	Open			Jul 15, 2009	$154.51M	0.570%	Above Average	$100,000	$17.90M
FRORX	Franklin Oregon Tax Free Income Fund Class A1	Front Load	Limited			Sep 1, 1987	$324.59M	0.670%	Low	$1,000	−$78.13M
FOFQX	Franklin Oregon Tax Free Income Fund Class A	Front Load	Open			Sep 10, 2018	$193.00M	0.820%	Above Average	$1,000	$2.21M
FORIX	Franklin Oregon Tax Free Income Fund Class C	Level Load	Open			May 1, 1995	$8.42M	1.210%	Low	$1,000	−$4.90M
FOFRX	Franklin Oregon Tax Free Income Fund Class R6	Retirement, Large	Open			Aug 1, 2017	$32.52M	0.530%	Average	$1M	$5.61M

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