Effective 3/1/19, the maximum initial sales charge for purchases of less than $100,000 of Franklin Templeton’s long-term fixed income funds (Class A and A1 shares) was lowered to 3.75%. Please see the prospectus supplement for more information. If you have any questions, please contact your financial professional or call Shareholder Services.
Beginning on 10/19/18, Class C shares held for 10 years or more will automatically convert to Class A shares. Thereafter, Class C shares held for 10 years or more will automatically convert to Class A shares on a monthly basis. This conversion allows shareholders to take advantage of the lower expenses offered by Class A shares. Please see the prospectus supplement for more information. If you have any questions, please contact your financial professional or call Franklin Templeton.
Class A shares (NASDAQ: FRMOX) were renamed Class A1 and closed to new investors. Existing Class A1 shareholders may continue to add money to their accounts. A new Class A share (NASDAQ: FMQOX) launched with a different expense structure, in which new shareholders can invest. The fund also changed certain sales charges and commissions paid to dealers on Class A and A1 shares. Please see the prospectus supplement for more information. If you have additional questions, please contact your financial professional or call Franklin Templeton.
Read important information about results and other investment disclosures
Month EndAs of |
1 Yr | 3 Yr | 5 Yr | 10 Yr | Since InceptionInception |
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Fund without Sales Charge (%) (NAV) | |||||
Fund with Sales Charge (%) (POP) | |||||
Bloomberg Barclays Municipal Bond Index (%) |
Quarter EndAs of |
1 Yr | 3 Yr | 5 Yr | 10 Yr | Since InceptionInception |
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Fund without Sales Charge (%) (NAV) | |||||
Fund with Sales Charge (%) (POP) | |||||
Bloomberg Barclays Municipal Bond Index (%) |
Month EndAs of |
1 YR | 3 YR | 5 YR | 10 YR | |
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Fund without Sales Charge (%) (NAV) | Before Shares Sold | ||||
Fund without Sales Charge (%) (NAV) | After Shares Sold | ||||
Fund with Sales Charge (%) (POP) | Before Shares Sold | ||||
Fund with Sales Charge (%) (POP) | After Shares Sold |
Quarter EndAs of |
1 YR | 3 YR | 5 YR | 10 YR | |
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Fund without Sales Charge (%) (NAV) | Before Shares Sold | ||||
Fund without Sales Charge (%) (NAV) | After Shares Sold | ||||
Fund with Sales Charge (%) (POP) | Before Shares Sold | ||||
Fund with Sales Charge (%) (POP) | After Shares Sold |
Read important information about results and other investment disclosures
2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
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Fund without Sales Charge (%) (NAV) | ||||||||||
Fund with Sales Charge (%) (POP) | ||||||||||
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Read important information about results and other investment disclosures
Month EndAs of |
3 Month | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Since Inception
since |
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Fund without Sales Charge (%) (NAV) | |||||||
Fund with Sales Charge (%) (POP) | |||||||
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Quarter EndAs of |
3 Month | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Since Inception
since |
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Fund without Sales Charge (%) (NAV) | |||||||
Fund with Sales Charge (%) (POP) | |||||||
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3 YR | 5 YR | 10 YR | |
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Standard Deviation (Fund) | |||
Standard Deviation ( |
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Information Ratio | |||
Tracking Error |
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% of Positive Months | |||
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Maximum Drawdown |
Gross Expense Ratio |
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Net Expense Ratio [further-information] |
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Max Initial Sales Charge |
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CDSC |
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Sharpe Ratio |
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Standard Deviation |
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A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.
Performance data represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares.