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 07/01/2003
Fund without Sales Charge (%) (NAV) 4.91 2.56 1.62 2.84 2.90
Fund with Sales Charge (%) (POP) 3.91 2.56 1.62 2.84 2.90
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 7.28 4.33 3.00 3.62
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2003
Fund without Sales Charge (%) (NAV) 5.07 1.11 1.67 2.68 2.91
Fund with Sales Charge (%) (POP) 4.07 1.11 1.67 2.68 2.91
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 7.39 2.74 3.03 3.54

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 4.91 2.57 1.62 2.84
Fund without Sales Charge (%) (NAV) After Shares Sold 3.80 2.45 1.71 2.73
Fund with Sales Charge (%) (POP) Before Shares Sold 3.91 2.57 1.62 2.84
Fund with Sales Charge (%) (POP) After Shares Sold 3.21 2.45 1.71 2.73
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.07 1.11 1.67 2.68
Fund without Sales Charge (%) (NAV) After Shares Sold 3.92 1.33 1.75 2.60
Fund with Sales Charge (%) (POP) Before Shares Sold 4.07 1.11 1.67 2.68
Fund with Sales Charge (%) (POP) After Shares Sold 3.33 1.33 1.75 2.60

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.04 2.93 -1.12 1.89 6.26 -3.02 4.97 10.56 2.65 10.54
Fund with Sales Charge (%) (POP) -0.94 1.93 -2.09 0.89 5.26 -3.97 3.97 9.56 1.66 9.54
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 07/01/2003
Fund without Sales Charge (%) (NAV) -0.53 4.10 4.91 7.89 8.34 32.34 59.82
Fund with Sales Charge (%) (POP) -1.52 3.10 3.91 7.89 8.34 32.34 59.82
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) -0.32 6.10 7.28 13.54 15.94 42.74
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2003
Fund without Sales Charge (%) (NAV) 0.73 3.88 5.07 3.36 8.66 30.29 59.48
Fund with Sales Charge (%) (POP) -0.27 2.88 4.07 3.36 8.66 30.29 59.48
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 1.13 5.58 7.39 8.45 16.11 41.58

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 1.87 2.53 3.34
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 2.14 2.60 2.76
Sharpe Ratio 0.52 0.24 0.69
Information Ratio -4.57 -3.35 -0.90
Tracking Error 0.39 0.41 0.86

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

Gross Expense Ratio 1.20%
Net Expense Ratio [further-information] 1.11%
Max Initial Sales Charge 0.00%
CDSC 1.00%

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

Sharpe Ratio 0.52
Standard Deviation 1.87

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