FKTOX Performance — Franklin Ohio Tax-Free Income Fund, Class R6
Data updated: 2026-07-27
FKTOX returned +1.80% year to date and +7.57% over one year to May 2026. Annualised returns are +4.06% over 3 years and +0.49% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $113, against $111 for the category, and to $108 over one year, against $106. Volatility over the past three years was 5.86% a year. In the 12 months to May 2026 the fund lost a net $67.2M, and assets reached $900.27M.
FKTOX Growth of $100
What $100 invested in Franklin Ohio Tax-Free Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | FKTOX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $108 | $106 |
| 3 years (Jun 2023 – May 2026) | $113 | $111 |
| 5 years (Jun 2021 – May 2026) | $102 | $104 |
| Since data start (Sep 2019 – May 2026) | $108 | $109 |
FKTOX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.80% |
| 1 year | +7.57% |
| 3 years (annualised) | +4.06% |
| 5 years (annualised) | +0.49% |
FKTOX Annual Returns
Calendar-year total returns of Franklin Ohio Tax-Free Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.80% |
| 2025 | +3.59% |
| 2024 | +2.35% |
| 2023 | +5.83% |
| 2022 | −10.88% |
| 2021 | +1.02% |
| 2020 | +5.20% |
| 2019 (Sep–Dec) | −0.17% |
FKTOX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.5% | +1.5% | −2.0% | +1.4% | +0.5% | — | — | — | — | — | — | — |
| 2025 | +0.1% | +1.1% | −1.9% | −0.8% | −0.5% | +0.6% | −0.8% | +0.9% | +3.1% | +1.4% | +0.3% | +0.1% |
| 2024 | −0.2% | +0.1% | 0.0% | −1.1% | +0.2% | +1.7% | +0.8% | +0.6% | +1.0% | −1.1% | +1.5% | −1.3% |
| 2023 | +3.2% | −2.6% | +2.1% | −0.2% | −1.0% | +1.0% | +0.2% | −1.6% | −2.9% | −1.5% | +6.7% | +2.7% |
| 2022 | −2.7% | −0.7% | −3.4% | −3.3% | +1.3% | −2.4% | +2.9% | −2.8% | −4.2% | −1.0% | +5.4% | −0.1% |
| 2021 | +0.4% | −2.2% | +0.8% | +1.0% | +0.5% | +0.4% | +0.7% | −0.4% | −0.9% | −0.1% | +1.0% | +0.1% |
| 2020 | +1.6% | +1.3% | −2.1% | −0.9% | +2.7% | +0.2% | +1.4% | −0.5% | 0.0% | −0.2% | +1.3% | +0.4% |
| 2019 | — | — | — | — | — | — | — | — | −0.6% | 0.0% | +0.2% | +0.2% |
FKTOX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.86%
- 3-year Sharpe ratio: -0.08 (vs 4.5% risk-free rate)
- Best month: +6.69% (Nov 2023)
- Worst month: −2.85% (Sep 2023)
FKTOX Fund Flows
Monthly money in and out of Franklin Ohio Tax-Free Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$67.2M
- 12-month gross sales (incl. reinvestments): $128.6M
- Sales ÷ redemptions: 0.66×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $8.4M | $10.3M | −$1.9M |
| Apr 2026 | $9.2M | $11.1M | −$1.9M |
| Mar 2026 | $19.4M | $19.6M | −$110K |
| Feb 2026 | $9.2M | $11.4M | −$2.2M |
| Jan 2026 | $10.2M | $14.9M | −$4.7M |
| Dec 2025 | $12.4M | $27.4M | −$15.0M |
| Nov 2025 | $8.5M | $14.2M | −$5.7M |
| Oct 2025 | $8.8M | $15.0M | −$6.2M |
| Sep 2025 | $8.8M | $16.5M | −$7.7M |
| Aug 2025 | $10.8M | $20.2M | −$9.4M |
| Jul 2025 | $12.2M | $22.2M | −$9.9M |
| Jun 2025 | $10.7M | $13.2M | −$2.5M |
FKTOX Assets Under Management
Net assets of Franklin Ohio Tax-Free Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $900.27M |
| 2026-02-28 | $914.69M |
| 2025-11-30 | $925.16M |
| 2025-08-31 | $909.71M |
| 2025-05-31 | $933.72M |
| 2025-02-28 | $990.24M |
| 2024-11-30 | $1.02B |
| 2024-08-31 | $1.03B |
| 2024-05-31 | $1.03B |
| 2024-02-29 | $1.08B |
| 2023-11-30 | $1.09B |
| 2023-08-31 | $1.13B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.