Franklin Oregon Tax-Free Income Fund Class C is a municipal bond mutual fund focused on generating a high level of tax-exempt income for investors. The fund primarily invests at least 80% of its assets in securities whose interest payments are exempt from both federal income tax and Oregon state personal income tax, making it especially appealing to residents seeking municipal bond exposure with substantial tax advantages. Categorized as a "Muni Single State Long" fund, it concentrates on longer-term municipal debt instruments, with a portfolio comprising bonds issued by various Oregon authorities, school districts, and infrastructure entities. The fund holds a diverse mix of 173 securities, with significant allocations to Oregon state facilities and public projects. Regular monthly income distributions are a key feature, and the fund targets investors desiring consistent, tax-free income as part of a diversified fixed-income allocation. Since its inception in 1995, the fund has played a specialized role in helping investors manage tax liability while supporting public initiatives within Oregon.
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