FOHQX

About FOHQX

Franklin Ohio Tax-Free Income Fund Class A is a municipal bond mutual fund focused on delivering tax-exempt income to investors. Its primary objective is to provide a high level of income that is exempt from federal income tax, and also strives to offer income free from Ohio state personal income tax for Ohio residents. The fund invests at least 80% of its assets in municipal securities, targeting issues that are rated in the top four credit categories by nationally recognized agencies, which helps support a prudent balance between income and capital preservation. With a portfolio of over 240 holdings, it emphasizes diversification across sectors such as local government, education, housing, utilities, health care, and transportation. Franklin Ohio Tax-Free Income Fund Class A is particularly relevant for individuals seeking consistent, tax-advantaged monthly income through municipal investments, and plays a significant role in helping Ohio-based investors manage their taxable income exposure while contributing to the financing of essential state and local projects.