Franklin Federal Limited-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/02/2003
Fund without Sales Charge (%) (NAV) 2.28 1.72 1.26 1.64 2.10
Fund with Sales Charge (%) (POP) 2.28 1.72 1.26 1.64 2.10
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/02/2003
Fund without Sales Charge (%) (NAV) 2.28 1.72 1.26 1.64 2.10
Fund with Sales Charge (%) (POP) 2.28 1.72 1.26 1.64 2.10

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.28 1.72 1.26 1.64
Fund without Sales Charge (%) (NAV) After Shares Sold 2.09 1.65 1.26 1.61
Fund with Sales Charge (%) (POP) Before Shares Sold 2.28 1.72 1.26 1.64
Fund with Sales Charge (%) (POP) After Shares Sold 2.09 1.65 1.26 1.61
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.28 1.72 1.26 1.64
Fund without Sales Charge (%) (NAV) After Shares Sold 2.09 1.65 1.26 1.61
Fund with Sales Charge (%) (POP) Before Shares Sold 2.28 1.72 1.26 1.64
Fund with Sales Charge (%) (POP) After Shares Sold 2.09 1.65 1.26 1.61

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 3.70 1.63 0.44 0.20 0.67 1.24 0.52 2.02 4.15
Fund with Sales Charge (%) (POP) 3.70 1.63 0.44 0.20 0.67 1.24 0.52 2.02 4.15
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.66 1.77 1.61 0.07 1.21 1.31 1.15 1.73 3.45

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) -0.06 -0.06 2.28 5.24 6.44 17.71 41.24
Fund with Sales Charge (%) (POP) -0.06 -0.06 2.28 5.24 6.44 17.71 41.24
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) -0.06 -0.06 2.28 5.24 6.44 17.71 41.24
Fund with Sales Charge (%) (POP) -0.06 -0.06 2.28 5.24 6.44 17.71 41.24

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 1.35 1.13
Standard Deviation (Bloomberg Barclays Municipal Short 1-5 Years Index) 1.52 1.46 1.26
Sharpe Ratio 0.01 0.13
Information Ratio -0.14 -0.37
Tracking Error 0.52 0.63

ADDITIONAL RISK STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.83 0.63
Beta Bear 0.79 0.69
Bull Bear Capture Ratio 1.11 1.14
Gains/Losses 2.56 2.43

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

Gross Expense Ratio 0.58%
Net Expense Ratio [further-information] 0.40%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.01
Standard Deviation 1.35

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Bloomberg Barclays Municipal Short 1-5 Years Index