Franklin Federal Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 5.92 3.33 2.45 3.46 4.61
Fund with Sales Charge (%) (POP) 3.54 2.55 1.99 3.23 4.52
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 7.65 4.48 3.39 3.76 5.06
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 4.68 2.92 2.12 3.43 4.55
Fund with Sales Charge (%) (POP) 2.32 2.14 1.65 3.20 4.46
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 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.92 3.33 2.45 3.46
Fund without Sales Charge (%) (NAV) After Shares Sold 4.51 3.14 2.46 3.33
Fund with Sales Charge (%) (POP) Before Shares Sold 3.54 2.55 1.99 3.23
Fund with Sales Charge (%) (POP) After Shares Sold 3.07 2.54 2.09 3.13
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.67 2.92 2.12 3.43
Fund without Sales Charge (%) (NAV) After Shares Sold 3.81 2.84 2.21 3.32
Fund with Sales Charge (%) (POP) Before Shares Sold 2.32 2.14 1.65 3.20
Fund with Sales Charge (%) (POP) After Shares Sold 2.40 2.24 1.85 3.13

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 4.68 0.71
Fund with Sales Charge (%) (POP) 2.32 -1.56
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 6.44 1.58

Cumulative Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 2.51 2.32 5.92 10.34 12.87 40.55 244.45
Fund with Sales Charge (%) (POP) 0.20 0.01 3.54 7.86 10.33 37.38 236.70
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 2.82 2.49 7.65 14.05 18.15 44.61 287.41
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) 0.46 4.68 4.68 9.02 11.04 40.15 236.66
Fund with Sales Charge (%) (POP) -1.80 2.32 2.32 6.57 8.54 37.00 229.08
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 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 1.98 2.41 3.32
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 2.23 2.57 2.79
Alpha -0.78 -0.76 -0.81
Beta 0.88 0.93 1.17
Sharpe Ratio 0.83 0.57 0.87
Information Ratio -3.04 -2.60 -0.35
Tracking Error 0.38 0.36 0.85
R-Squared 0.98 0.98 0.95

ADDITIONAL RISK STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.88 0.90 1.28
Beta Bear 0.67 0.94 1.03
Bull Bear Capture Ratio 0.82 0.81 0.84
% of Positive Months 75.00 71.67 65.83
Gains/Losses 3.06 2.19 2.20
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 1.00%

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 0.83
Standard Deviation 1.98

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