Franklin Federal Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 5.42 3.10 2.16 3.40 4.56
Fund with Sales Charge (%) (POP) 3.05 2.32 1.69 3.17 4.47
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 7.28 4.33 3.00 3.62 5.00
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 5.58 1.64 2.22 3.24 4.58
Fund with Sales Charge (%) (POP) 3.21 0.87 1.76 3.01 4.49
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 7.39 2.74 3.03 3.54 5.01

After-Tax Average Annual Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.42 3.10 2.16 3.40
Fund without Sales Charge (%) (NAV) After Shares Sold 4.27 2.98 2.24 3.30
Fund with Sales Charge (%) (POP) Before Shares Sold 3.05 2.32 1.69 3.17
Fund with Sales Charge (%) (POP) After Shares Sold 2.84 2.38 1.88 3.10
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.58 1.64 2.22 3.24
Fund without Sales Charge (%) (NAV) After Shares Sold 4.40 1.85 2.30 3.17
Fund with Sales Charge (%) (POP) Before Shares Sold 3.21 0.87 1.76 3.01
Fund with Sales Charge (%) (POP) After Shares Sold 2.97 1.25 1.93 2.98

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 0.71
Fund with Sales Charge (%) (POP) -1.56
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 1.58

Cumulative Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) -0.43 4.48 5.42 9.59 11.25 39.71 236.03
Fund with Sales Charge (%) (POP) -2.67 2.13 3.05 7.12 8.75 36.57 228.47
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) -0.32 6.10 7.28 13.54 15.94 42.74 276.80
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 0.83 4.19 5.58 5.00 11.60 37.58 235.10
Fund with Sales Charge (%) (POP) -1.44 1.85 3.21 2.64 9.09 34.48 227.56
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 1.13 5.58 7.39 8.45 16.11 41.58 274.94

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 11/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 1.86 2.51 3.32
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 2.14 2.60 2.76
Alpha -0.81 -0.74 -0.74
Beta 0.86 0.96 1.18
Sharpe Ratio 0.81 0.46 0.86
Information Ratio -3.15 -2.04 -0.26
Tracking Error 0.39 0.42 0.85
R-Squared 0.98 0.98 0.95

ADDITIONAL RISK STATISTICSAs of 11/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.83 0.95 1.29
Beta Bear 0.67 0.94 1.04
Bull Bear Capture Ratio 0.80 0.82 0.85
Gains/Losses 2.91 1.94 2.17

SALES CHARGE, EXPENSES & FEES As of 07/01/2019 (updated annually)

Gross Expense Ratio 0.80%
Net Expense Ratio [further-information] 0.71%
Max Initial Sales Charge 2.25%
CDSC 0.75%

Volatility Measures [further-information] As of 11/30/2019 Updated Monthly, based on a 3-year period

Beta 0.86
Sharpe Ratio 0.81
Standard Deviation 1.86

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index