FORIX Fees and Costs — Franklin Oregon Tax-Free Income Fund, Class C
Data updated: 2026-07-27
The net expense ratio is 1.21%: a 0.48% management fee, a 0.65% 12b-1 fee plus 0.08% other expenses. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 16%.
FORIX Fees and Expenses
Annual operating expenses and sales charges of FORIX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.65% |
| Other expenses | 0.08% |
| Gross expense ratio | 1.21% |
| Fee waiver | — |
| Net expense ratio | 1.21% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FORIX Costs Over Time
On $10,000 invested in FORIX, assuming 5% a year before costs, total costs come to $754 over 5 years, cutting the return by 1.27% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $104 | $0 | $0 |
| Fund expenses (net expense ratio 1.21%) | $127 | $396 | $684 |
| Lost growth on money paid in costs | $0 | $20 | $69 |
| Total costs | $231 | $415 | $754 |
| Value after costs | $10,269 | $11,161 | $12,009 |
| Impact on return, per year | 2.31% | 1.27% | 1.27% |
FORIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $378.7M
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
FORIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| U.S. Bancorp Investments, Inc. | $60.1M | 18.75% |
| Morgan Stanley & Co. LLC | $53.6M | 16.72% |
| Truist Securities, Inc. | $45.1M | 14.07% |
| TD SECURITIES (USA) LLC | $35.2M | 10.97% |
| Raymond James & Associates, Inc. | $27.4M | 8.56% |
| BofA Securities, Inc. | $25.2M | 7.86% |
| J.P. Morgan Securities LLC | $21.5M | 6.70% |
| Wells Fargo Securities, LLC | $18.8M | 5.85% |
| Stifel, Nicolaus & Company, Incorporated | $17.5M | 5.44% |
| Estrada Hinojosa & Company, Inc. | $16.3M | 5.09% |
Franklin Oregon Tax-Free Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FOFRX | Class R6 | 0.53% | none |
| FOFZX | Advisor Class | 0.57% | none |
| FRORX | Class A1 | 0.67% | 3.75% |
| FOFQX | Class A | 0.82% | 3.75% |
| FORIX | Class C | 1.21% | none |
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.