Franklin Colorado Tax Free Income Fund (FRCOX)
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. It 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.
Fund Info
US3547238689
354723868
Aug 31, 1987
$1,000
Expense Ratio
FRCOX has an expense ratio of 0.70%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Franklin Colorado Tax Free Income Fund (FRCOX) returned -2.48% year-to-date (YTD) and 0.88% over the past 12 months. Over the past 10 years, FRCOX returned 1.44% annually, underperforming the S&P 500 benchmark at 10.85%.
FRCOX
-2.48%
-0.88%
-3.69%
0.88%
1.15%
-0.06%
1.44%
^GSPC (Benchmark)
0.51%
5.49%
-2.00%
12.02%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of FRCOX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.19% | 0.91% | -1.73% | -0.98% | -0.88% | -2.48% | |||||||
| 2024 | -0.03% | 0.15% | 0.08% | -1.26% | 0.29% | 1.70% | 1.03% | 0.66% | 1.00% | -1.22% | 1.51% | -1.24% | 2.64% |
| 2023 | 3.06% | -2.53% | 2.03% | -0.07% | -0.71% | 0.94% | 0.24% | -1.48% | -3.17% | -1.56% | 6.99% | 2.79% | 6.27% |
| 2022 | -2.70% | -0.60% | -3.03% | -3.24% | 0.87% | -2.21% | 2.62% | -2.48% | -3.98% | -1.07% | 4.81% | -0.13% | -10.92% |
| 2021 | 0.44% | -1.92% | 0.90% | 0.95% | 0.51% | 0.29% | 0.77% | -0.40% | -0.92% | -0.08% | 0.95% | 0.21% | 1.68% |
| 2020 | 1.86% | 1.38% | -3.36% | -1.43% | 3.12% | 0.48% | 1.50% | -0.46% | 0.04% | -0.22% | 1.50% | 0.63% | 4.98% |
| 2019 | 0.54% | 0.45% | 1.42% | 0.64% | 1.05% | 0.31% | 0.70% | 1.79% | -0.70% | -0.01% | 0.05% | 0.15% | 6.57% |
| 2018 | -0.78% | -0.44% | 0.45% | -0.34% | 0.98% | 0.19% | 0.28% | 0.10% | -0.61% | -0.61% | 0.82% | 0.99% | 1.01% |
| 2017 | 0.65% | 0.48% | -0.20% | 0.39% | 0.82% | -0.14% | 0.46% | 0.45% | -0.76% | -0.26% | -0.26% | 1.14% | 2.79% |
| 2016 | 0.91% | 0.32% | 0.24% | 0.49% | 0.49% | 1.65% | 0.31% | 0.14% | -0.19% | -0.70% | -2.81% | 0.65% | 1.43% |
| 2015 | 1.98% | -0.98% | -0.02% | -0.51% | 0.07% | -0.43% | -0.10% | 0.24% | 0.75% | 0.41% | 0.24% | 0.41% | 2.02% |
| 2014 | 1.94% | 1.56% | 0.34% | 1.20% | 1.71% | -0.01% | -0.08% | 1.62% | 0.30% | 0.49% | 0.74% | 0.66% | 10.98% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FRCOX is 18, meaning it’s performing worse than 82% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Franklin Colorado Tax Free Income Fund (FRCOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Franklin Colorado Tax Free Income Fund provided a 3.02% dividend yield over the last twelve months, with an annual payout of $0.31 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.33 | $0.31 | $0.28 | $0.27 | $0.30 | $0.36 | $0.37 | $0.40 | $0.44 | $0.46 | $0.48 |
Dividend yield | 3.02% | 3.17% | 2.91% | 2.75% | 2.26% | 2.53% | 3.10% | 3.29% | 3.45% | 3.83% | 3.86% | 3.93% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Colorado Tax Free Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.11 | |||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2023 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.28 |
| 2021 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.27 |
| 2020 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.30 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.40 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.48 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Colorado Tax Free Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Franklin Colorado Tax Free Income Fund was 15.62%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current Franklin Colorado Tax Free Income Fund drawdown is 5.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.62% | Jul 21, 2021 | 320 | Oct 25, 2022 | — | — | — |
| -15.52% | Jan 24, 2008 | 185 | Oct 16, 2008 | 148 | May 20, 2009 | 333 |
| -10.74% | Mar 10, 2020 | 9 | Mar 20, 2020 | 96 | Aug 6, 2020 | 105 |
| -9.98% | Feb 1, 1994 | 209 | Nov 18, 1994 | 97 | Apr 4, 1995 | 306 |
| -9.52% | Dec 10, 2012 | 186 | Sep 5, 2013 | 237 | Aug 14, 2014 | 423 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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