Franklin OH Tax-Free Inc AFTOIX

Morningstar Rating

Fund Research and Analysis

by Courtney Goethals Dobrow

Franklin OH Tax-Free Income is a solid fund backed by topnotch research.

This fund navigated 2008's terrible year for munis comparatively well, losing 1.6% for the year compared with a 4.3% loss for the typical muni Ohio fund. Last year wasn't a fluke. Read more

Kudos

The fund takes on little credit risk due to its strong credit research.

It boasts one of the higher yields of the Ohio subgroup. Read more

Risks

The fund's restrained approach can hold it back during extended bond-market rallies. Read more

Strategy

This is a conservative, income-oriented municipal offering. It follows Franklin's standard buy-and-hold approach and does not make deliberate sector or interest-rate bets. Even though it no longer primarily invests in insured paper, its credit quality is still topnotch. Read more

Management

Jim Conn has been this fund's manager since late 1999. In addition to this fund, he manages Franklin Massachusetts Tax-Free Income FMISX and Franklin New York Insured Tax-Free Income FRNYX. He is backed by Franklin's extensive research capabilities. Read more

Inside Scoop

This fund features low turnover, a good stream of tax-free income, and moderate volatility. It is no longer investing only in insured bonds, but the team here still keeps a close eye on credit quality. Read more

First Name

Last Name

Email Address

Zip Code

Create Password

Verify Password

(6-15 characters; case sensitive)

What is your occupation or job title?

Select...

Your registration indicates agreement to the terms of use.

Picking Positions in Health Care
Watch more