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Trending ETFs

Name

As of 04/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.39

$506 M

0.00%

0.58%

Vitals

YTD Return

-0.7%

1 yr return

3.2%

3 Yr Avg Return

-1.7%

5 Yr Avg Return

0.8%

Net Assets

$506 M

Holdings in Top 10

20.6%

52 WEEK LOW AND HIGH

$10.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.58%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 14.21%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 04/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.39

$506 M

0.00%

0.58%

FCOZX - Profile

Distributions

  • YTD Total Return -0.7%
  • 3 Yr Annualized Total Return -1.7%
  • 5 Yr Annualized Total Return 0.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.33%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    FRANKLIN COLORADO TAX-FREE INCOME FUND
  • Fund Family Name
    Franklin Templeton Group of Funds
  • Inception Date
    Nov 02, 2009
  • Shares Outstanding
    10508860
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Bonelli

Fund Description

Under normal market conditions, the Fund invests at least 80% of its net assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. In addition, under normal market conditions, the Fund invests at least 80% of its total assets in securities that pay interest free from the personal income taxes, if any, of Colorado. Although the Fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of the Fund's net assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and in securities that pay interest subject to other federal or state income taxes.

The Fund only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services (or unrated or short-term rated securities of comparable credit quality).

The Fund also may invest up to 35% of its total assets in municipal securities issued by U.S. territories.

Although the investment manager will search for investments across a large number of municipal securities that finance different types of projects, from time to time, based on economic conditions, the Fund may have significant positions in municipal securities that finance similar types of projects.

The investment manager selects securities that it believes will provide the best balance between risk and return within the Fund’s range of allowable investments and typically invests with a long-term time horizon. This means it generally holds securities in the Fund’s portfolio for income purposes, although the investment manager may sell a security at any time if it believes it could help the Fund meet its goal. With a focus on income, individual securities are considered for purchase or sale based on various factors and considerations, including credit profile, risk, structure, pricing, portfolio impact, duration management, restructuring, opportunistic trading and tax loss harvesting opportunities.

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FCOZX - Performance

Return Ranking - Trailing

Period FCOZX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -4.6% 8.4% 46.99%
1 Yr 3.2% -3.5% 30.4% 30.67%
3 Yr -1.7%* -11.3% 2.6% 66.00%
5 Yr 0.8%* -6.0% 1102.0% 51.42%
10 Yr 2.0%* -0.4% 248.1% 35.59%

* Annualized

Return Ranking - Calendar

Period FCOZX Return Category Return Low Category Return High Rank in Category (%)
2023 3.1% -1.4% 41.0% 36.39%
2022 -13.3% -39.7% 0.3% 76.14%
2021 -0.6% -5.6% 6.9% 51.82%
2020 2.2% -2.6% 310.0% 25.51%
2019 3.4% 0.0% 26.0% 64.93%

Total Return Ranking - Trailing

Period FCOZX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -4.6% 8.4% 46.99%
1 Yr 3.2% -3.5% 30.4% 30.67%
3 Yr -1.7%* -11.3% 2.6% 66.00%
5 Yr 0.8%* -6.0% 1102.0% 51.42%
10 Yr 2.0%* -0.4% 248.1% 35.59%

* Annualized

Total Return Ranking - Calendar

Period FCOZX Return Category Return Low Category Return High Rank in Category (%)
2023 6.6% -1.3% 41.0% 25.41%
2022 -10.6% -39.7% 1.1% 70.67%
2021 2.0% -4.8% 23761504.0% 39.88%
2020 4.7% -1.5% 17057.9% 21.23%
2019 7.1% 0.2% 3514.6% 34.66%

NAV & Total Return History


FCOZX - Holdings

Concentration Analysis

FCOZX Category Low Category High FCOZX % Rank
Net Assets 506 M 3.22 M 71.9 B 46.18%
Number of Holdings 179 2 13067 63.48%
Net Assets in Top 10 104 M -317 M 3.4 B 41.44%
Weighting of Top 10 20.60% 1.9% 100.4% 37.00%

Top 10 Holdings

  1. City of Fort Collins, Series 2018 A 2.82%
  2. Public Authority for Colorado Energy, Series 2008 2.37%
  3. Regional Transportation District, Series 2016 A 2.24%
  4. Board of Water Commissioners City County of Denver (The), Series 2017 A 2.06%
  5. Regional Transportation District, Series 2016 A 2.05%
  6. Denver Convention Center Hotel Authority, Series 2016 1.95%
  7. Park Creek Metropolitan District, Series 2015 A 1.89%
  8. Denver Health Hospital Authority, Series 2014 A 1.84%
  9. Colorado Health Facilities Authority, Series 2019 A-2 1.74%
  10. Colorado Health Facilities Authority, Series 2019 A 1.64%

Asset Allocation

Weighting Return Low Return High FCOZX % Rank
Bonds
98.07% 0.00% 150.86% 60.34%
Cash
1.93% -50.86% 50.09% 37.23%
Stocks
0.00% 0.00% 99.81% 65.31%
Preferred Stocks
0.00% 0.00% 0.52% 61.60%
Other
0.00% -3.18% 33.35% 61.15%
Convertible Bonds
0.00% 0.00% 0.93% 61.65%

Bond Sector Breakdown

Weighting Return Low Return High FCOZX % Rank
Municipal
100.00% 44.39% 100.00% 5.45%
Cash & Equivalents
0.58% 0.00% 48.02% 37.94%
Derivative
0.00% -3.18% 23.38% 59.53%
Securitized
0.00% 0.00% 5.93% 61.97%
Corporate
0.00% 0.00% 9.41% 68.46%
Government
0.00% 0.00% 52.02% 65.35%

Bond Geographic Breakdown

Weighting Return Low Return High FCOZX % Rank
US
98.07% 0.00% 142.23% 57.34%
Non US
0.00% 0.00% 23.89% 65.87%

FCOZX - Expenses

Operational Fees

FCOZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.58% 0.01% 20.65% 70.16%
Management Fee 0.49% 0.00% 1.20% 78.10%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.44% 73.02%

Sales Fees

FCOZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

FCOZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FCOZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.21% 0.00% 283.00% 41.21%

FCOZX - Distributions

Dividend Yield Analysis

FCOZX Category Low Category High FCOZX % Rank
Dividend Yield 0.00% 0.00% 14.56% 31.33%

Dividend Distribution Analysis

FCOZX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FCOZX Category Low Category High FCOZX % Rank
Net Income Ratio 2.33% -0.53% 5.33% 28.47%

Capital Gain Distribution Analysis

FCOZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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FCOZX - Fund Manager Analysis

Managers

John Bonelli


Start Date

Tenure

Tenure Rank

Jul 01, 2013

8.92

8.9%

Mr. Bonelli is a Portfolio Manager and Research Analyst of Franklin Advisers, Inc. He joined Franklin Templeton Investments in 2010.

Michael Conn


Start Date

Tenure

Tenure Rank

Nov 02, 2020

1.58

1.6%

Mr. Conn has been a portfolio manager of Franklin Advisers, Inc since November 2020. He joined Franklin Templeton in 2006.

John Wiley


Start Date

Tenure

Tenure Rank

Nov 02, 2020

1.58

1.6%

John Wiley, Senior Vice President, has been a lead portfolio manager since 1993. Wiley has been an analyst or portfolio manager with Franklin Templeton Investments, his employer since 1989. He holds the Chartered Financial Analyst designation.

Christopher Sperry


Start Date

Tenure

Tenure Rank

Nov 02, 2020

1.58

1.6%

Sperry has been an analyst or portfolio manager of Franklin Templeton Investments, his employer since 1996. Sperry holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.37 1.58