Franklin Federal Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 3.22 2.65 2.55 3.25 4.54
Fund with Sales Charge (%) (POP) 0.90 1.88 2.08 3.01 4.45
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 4.18 3.75 3.42 3.59 4.99
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 3.22 2.65 2.55 3.25 4.54
Fund with Sales Charge (%) (POP) 0.90 1.88 2.08 3.01 4.45
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 4.18 3.75 3.42 3.59 4.99

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.22 2.65 2.55 3.25
Fund without Sales Charge (%) (NAV) After Shares Sold 2.81 2.61 2.54 3.15
Fund with Sales Charge (%) (POP) Before Shares Sold 0.90 1.88 2.08 3.01
Fund with Sales Charge (%) (POP) After Shares Sold 1.42 2.01 2.17 2.96
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.22 2.65 2.55 3.25
Fund without Sales Charge (%) (NAV) After Shares Sold 2.81 2.61 2.54 3.15
Fund with Sales Charge (%) (POP) Before Shares Sold 0.90 1.88 2.08 3.01
Fund with Sales Charge (%) (POP) After Shares Sold 1.42 2.01 2.17 2.96

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 4.68 0.71
Fund with Sales Charge (%) (POP) 2.32 -1.56
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 6.44 1.58

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 2.29 1.90 3.22 8.17 13.40 37.68 243.05
Fund with Sales Charge (%) (POP) -0.01 -0.39 0.90 5.73 10.85 34.58 235.33
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 2.69 2.18 4.18 11.68 18.33 42.31 286.24
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 2.29 1.90 3.22 8.17 13.40 37.68 243.05
Fund with Sales Charge (%) (POP) -0.01 -0.39 0.90 5.73 10.85 34.58 235.33
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 2.69 2.18 4.18 11.68 18.33 42.31 286.24

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.96 2.96 3.53
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 3.23 3.17 3.07
Alpha -0.88 -0.70 -0.69
Beta 0.91 0.93 1.13
Sharpe Ratio 0.34 0.48 0.76
Information Ratio -2.53 -2.28 -0.40
Tracking Error 0.43 0.38 0.84
R-Squared 0.99 0.99 0.95

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.96 0.96 1.21
Beta Bear 0.86 0.93 0.97
Bull Bear Capture Ratio 0.84 0.86 0.86
Gains/Losses 2.01 2.01 2.03

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 0.81%
Net Expense Ratio [further-information] 0.71%
Max Initial Sales Charge 2.25%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.91
Sharpe Ratio 0.34
Standard Deviation 2.96

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