FORIX: Franklin Oregon Tax Free Income Fund - MutualFunds.com

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Franklin OR Tax Free Income C

FORIX - Snapshot

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return 2.9%
  • 5 Yr Annualized Return 2.5%
  • Net Assets $1.31 B
  • Holdings in Top 10 24.5%

52 WEEK LOW AND HIGH

$12.11
$10.99
$12.24

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.20%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 15.49%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

  • Primary Theme
    Municipal Bond
  • Fund Type Open End Mutual Fund
  • Investment Style Muni Single State Long

Compare FORIX to Popular Municipal Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Intermediate-Term Tax-Exempt Fund

Fund

$14.81

+0.07%

$78.56 B

-

$0.00

2.35%

-

Vanguard Limited Term Tax Exempt Fund

Fund

$11.25

+0.09%

$32.48 B

-

$0.00

1.53%

-

American Funds Tax Exempt Bond Fund®

Fund

$13.57

+0.07%

$24.26 B

-

$0.00

1.80%

-

Vanguard Short Term Tax Exempt Fund

Fund

$15.94

0.00%

$20.00 B

-

$0.00

0.57%

-

iShares National Muni Bond ETF

MUB | ETF

$116.54

-0.21%

$18.20 B

-

-

2.31%

-

FORIX - Profile

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.18%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin Oregon Tax Free Income Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    May 01, 1995
  • Shares Outstanding
    8785142
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Wiley

Fund Description

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.

FORIX - Performance

Return Ranking - Trailing

Period FORIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -3.8% 307.4% 19.52%
1 Yr 2.4% -5.4% 5.8% 45.52%
3 Yr 2.9%* -0.6% 8.2% 66.41%
5 Yr 2.5%* -0.3% 6.9% 71.49%
10 Yr 2.7%* -0.1% 8.1% 77.59%

* Annualized

Return Ranking - Calendar

Period FORIX Return Category Return Low Category Return High Rank in Category (%)
2019 3.2% -0.3% 15.4% 72.16%
2018 -2.4% -10.3% 97.2% 59.23%
2017 0.4% -100.0% 7.6% 82.17%
2016 -2.3% -7.9% 96.8% 26.65%
2015 -1.2% -4.8% 3.0% 90.75%

Total Return Ranking - Trailing

Period FORIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -3.8% 307.4% 19.52%
1 Yr 1.4% -8.3% 5.8% 54.65%
3 Yr 2.9%* -2.5% 8.2% 51.12%
5 Yr 2.5%* -1.5% 6.9% 59.89%
10 Yr 2.7%* -0.4% 8.1% 74.09%

* Annualized

Total Return Ranking - Calendar

Period FORIX Return Category Return Low Category Return High Rank in Category (%)
2019 3.2% -0.3% 15.4% 72.34%
2018 -2.4% -10.3% 11.0% 61.50%
2017 0.4% -100.0% 7.6% 83.48%
2016 -2.3% -7.9% 3.0% 31.59%
2015 -1.2% -4.8% 4.0% 91.72%

NAV & Total Return History

FORIX - Holdings

Concentration Analysis

FORIX Category Low Category High FORIX % Rank
Net Assets 1.31 B 611 K 78.6 B 23.91%
Number of Holdings 218 1 10805 51.52%
Net Assets in Top 10 322 M -199 M 3.97 B 10.60%
Weighting of Top 10 24.52% 2.5% 100.0% 24.46%

Top 10 Holdings

  1. SALEM ORE HOSP FAC AUTH REV 5% 3.61%
  2. OREGON ST DEPT TRANSN HWY USER TAX REV 5% 2.95%
  3. OREGON ST FACS AUTH REV 0.02% 2.50%
  4. OREGON ST DEPT TRANSN HWY USER TAX REV 5% 2.49%
  5. OREGON ST 5% 2.47%
  6. OREGON ST FACS AUTH REV 5.75% 2.41%
  7. MULTNOMAH-CLACKAMAS CNTYS ORE CENTENNIAL SCH DIST NO 28JT 5% 2.37%
  8. OREGON ST HSG & CMNTY SVCS DEPT MTG REV 2.9% 2.29%
  9. TIGARD ORE WTR SYS REV 5% 2.12%
  10. UNIVERSITY OREGON GEN REV 5% 1.91%

Asset Allocation

Weighting Return Low Return High FORIX % Rank
Bonds 		99.99% 0.00% 147.66% 20.17%
Cash 		0.01% -47.66% 100.00% 77.79%
Stocks 		0.00% 0.00% 1.80% 75.21%
Preferred Stocks 		0.00% -0.98% 1.07% 73.84%
Other 		0.00% -1.46% 12.83% 74.52%
Convertible Bonds 		0.00% 0.00% 1.64% 74.35%

Bond Sector Breakdown

Weighting Return Low Return High FORIX % Rank
Municipal 		99.99% 0.00% 100.00% 14.66%
Cash & Equivalents 		0.01% 0.00% 100.00% 81.62%
Derivative 		0.00% 0.00% 2.16% 74.01%
Securitized 		0.00% 0.00% 6.06% 74.46%
Corporate 		0.00% 0.00% 12.97% 76.72%
Government 		0.00% 0.00% 49.72% 75.14%

Bond Geographic Breakdown

Weighting Return Low Return High FORIX % Rank
US 		98.87% 0.00% 141.34% 26.89%
Non US 		1.12% 0.00% 27.82% 43.35%

FORIX - Expenses

Operational Fees

FORIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.20% 0.01% 4.23% 27.84%
Management Fee 0.47% 0.00% 1.10% 65.69%
12b-1 Fee 0.65% 0.00% 1.00% 67.47%
Administrative Fee 0.15% 0.01% 0.47% 77.57%

Sales Fees

FORIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 1.00% 0.25% 5.50% 80.00%

Trading Fees

FORIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FORIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.49% 0.00% 233.00% 36.20%

FORIX - Distributions

Dividend Yield Analysis

FORIX Category Low Category High FORIX % Rank
Dividend Yield 0.00% 0.00% 3.55% 75.73%

Dividend Distribution Analysis

FORIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FORIX Category Low Category High FORIX % Rank
Net Income Ratio 2.18% 0.00% 6.48% 64.08%

Capital Gain Distribution Analysis

FORIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

FORIX - Fund Manager Analysis

Managers

John Wiley

Start Date

Tenure

Tenure Rank

Dec 31, 1991

28.85

28.9%

John Wiley, Senior Vice President, has been a lead portfolio manager since 1993. Wiley has been an analyst or portfolio manager with Franklin Templeton Investments, his employer since 1989. He holds the Chartered Financial Analyst designation.

Christopher Sperry

Start Date

Tenure

Tenure Rank

Dec 31, 2000

19.85

19.9%

Sperry has been an analyst or portfolio manager of Franklin Templeton Investments, his employer since 1996. Sperry holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 35.61 7.61 2.84

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