Franklin Federal Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 4.93 3.06 2.24 3.55 4.62
Fund with Sales Charge (%) (POP) 4.93 3.06 2.24 3.55 4.62
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 6.44 4.10 3.01 3.66 5.00
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 4.93 3.06 2.24 3.55 4.62
Fund with Sales Charge (%) (POP) 4.93 3.06 2.24 3.55 4.62
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 6.44 4.10 3.01 3.66 5.00

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.93 3.06 2.24 3.55
Fund without Sales Charge (%) (NAV) After Shares Sold 4.07 2.98 2.34 3.44
Fund with Sales Charge (%) (POP) Before Shares Sold 4.93 3.06 2.24 3.55
Fund with Sales Charge (%) (POP) After Shares Sold 4.07 2.98 2.34 3.44
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.93 3.06 2.24 3.55
Fund without Sales Charge (%) (NAV) After Shares Sold 4.07 2.98 2.34 3.44
Fund with Sales Charge (%) (POP) Before Shares Sold 4.93 3.06 2.24 3.55
Fund with Sales Charge (%) (POP) After Shares Sold 4.07 2.98 2.34 3.44

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 4.93 0.77 3.52 -0.39 2.47 7.04 -2.39 5.66 11.27 3.33
Fund with Sales Charge (%) (POP) 4.93 0.77 3.52 -0.39 2.47 7.04 -2.39 5.66 11.27 3.33
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 6.44 1.58 4.33 0.01 2.83 6.36 -1.05 4.74 8.80 2.97

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 0.53 4.93 4.93 9.46 11.72 41.81 242.58
Fund with Sales Charge (%) (POP) 0.53 4.93 4.93 9.46 11.72 41.81 242.58
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 0.81 6.44 6.44 12.80 16.00 43.25 277.99
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 0.53 4.93 4.93 9.46 11.72 41.81 242.58
Fund with Sales Charge (%) (POP) 0.53 4.93 4.93 9.46 11.72 41.81 242.58
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 0.81 6.44 6.44 12.80 16.00 43.25 277.99

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 1.83 2.50 3.32
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 2.11 2.60 2.76
Sharpe Ratio 0.78 0.48 0.90
Information Ratio -2.61 -1.87 -0.12
Tracking Error 0.40 0.41 0.87

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

Gross Expense Ratio 0.55%
Net Expense Ratio [further-information] 0.46%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.78
Standard Deviation 1.83

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