Franklin Federal Intermediate-Term Tax-Free Income Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

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) 5.49 3.11 2.17 3.40 4.57
Fund with Sales Charge (%) (POP) 3.14 2.32 1.69 3.17 4.49
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) 5.66 1.64 2.23 3.24 4.59
Fund with Sales Charge (%) (POP) 3.30 0.87 1.77 3.00 4.50
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 5.49 3.11 2.17 3.40
Fund without Sales Charge (%) (NAV) After Shares Sold 4.38 3.01 2.26 3.30
Fund with Sales Charge (%) (POP) Before Shares Sold 3.13 2.32 1.69 3.17
Fund with Sales Charge (%) (POP) After Shares Sold 2.96 2.39 1.89 3.11
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.66 1.64 2.23 3.24
Fund without Sales Charge (%) (NAV) After Shares Sold 4.51 1.87 2.31 3.17
Fund with Sales Charge (%) (POP) Before Shares Sold 3.30 0.87 1.77 3.00
Fund with Sales Charge (%) (POP) After Shares Sold 3.08 1.27 1.95 2.97

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.68 3.42 -0.57 2.45 6.86 -2.49 5.56 11.19 3.15 11.16
Fund with Sales Charge (%) (POP) -1.59 1.07 -2.84 0.11 4.49 -4.69 3.20 8.70 0.85 8.62
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 1.58 4.33 0.01 2.83 6.36 -1.05 4.74 8.80 2.97 8.88

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) -0.39 4.54 5.49 9.63 11.31 39.70 237.31
Fund with Sales Charge (%) (POP) -2.62 2.22 3.14 7.12 8.76 36.61 229.72
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) 0.79 4.23 5.66 5.01 11.63 37.54 236.29
Fund with Sales Charge (%) (POP) -1.49 1.91 3.30 2.63 9.16 34.44 228.73
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) 1.88 2.52 3.33
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 2.14 2.60 2.76
Sharpe Ratio 0.81 0.46 0.86
Information Ratio -3.51 -2.13 -0.26
Tracking Error 0.34 0.39 0.84

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

Gross Expense Ratio 0.65%
Net Expense Ratio [further-information] 0.56%
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

Sharpe Ratio 0.81
Standard Deviation 1.88

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