Franklin Federal Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/21/1992
Fund without Sales Charge (%) (NAV) 5.58 1.64 2.22 3.24 4.58
Fund with Sales Charge (%) (POP) 3.21 0.87 1.76 3.01 4.49
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/21/1992
Fund without Sales Charge (%) (NAV) 5.58 1.64 2.22 3.24 4.58
Fund with Sales Charge (%) (POP) 3.21 0.87 1.76 3.01 4.49
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 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.58 1.64 2.22 3.24
Fund without Sales Charge (%) (NAV) After Shares Sold 4.40 1.85 2.30 3.17
Fund with Sales Charge (%) (POP) Before Shares Sold 3.21 0.87 1.76 3.01
Fund with Sales Charge (%) (POP) After Shares Sold 2.97 1.25 1.93 2.98
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.58 1.64 2.22 3.24
Fund without Sales Charge (%) (NAV) After Shares Sold 4.40 1.85 2.30 3.17
Fund with Sales Charge (%) (POP) Before Shares Sold 3.21 0.87 1.76 3.01
Fund with Sales Charge (%) (POP) After Shares Sold 2.97 1.25 1.93 2.98

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 0.71
Fund with Sales Charge (%) (POP) -1.56
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 1.58

Cumulative Total Returns [further-information] As of 09/30/2019

Month 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) 0.83 4.19 5.58 5.00 11.60 37.58 235.10
Fund with Sales Charge (%) (POP) -1.44 1.85 3.21 2.64 9.09 34.48 227.56
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) 0.83 4.19 5.58 5.00 11.60 37.58 235.10
Fund with Sales Charge (%) (POP) -1.44 1.85 3.21 2.64 9.09 34.48 227.56
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 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.70 2.51 3.33
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 2.96 2.60 2.78
Alpha -1.01 -0.74 -0.76
Beta 0.91 0.96 1.18
Sharpe Ratio 0.14 0.46 0.89
Information Ratio -2.98 -2.04 -0.26
Tracking Error 0.39 0.42 0.85
R-Squared 0.99 0.98 0.95

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.83 0.95 1.28
Beta Bear 0.97 0.94 1.04
Bull Bear Capture Ratio 0.80 0.82 0.85
% of Positive Months 72.22 70.00 65.00
Gains/Losses 1.73 1.93 2.21
Maximum Drawdown
1.91 4.23 5.88

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

Gross Expense Ratio 0.80%
Net Expense Ratio [further-information] 0.71%
Max Initial Sales Charge 2.25%
CDSC 0.75%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.91
Sharpe Ratio 0.14
Standard Deviation 2.70

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