Franklin Federal Intermediate-Term Tax-Free Income Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 3.21 2.39 2.44 3.23 4.55
Fund with Sales Charge (%) (POP) 0.88 1.62 1.98 2.99 4.47
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 4.01 3.42 3.30 3.55 4.98
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 2.54 2.43 1.88 3.26 4.51
Fund with Sales Charge (%) (POP) 0.21 1.65 1.41 3.03 4.43
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 3.31 3.39 2.74 3.51 4.93

After-Tax Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.21 2.39 2.44 3.23
Fund without Sales Charge (%) (NAV) After Shares Sold 2.87 2.43 2.47 3.14
Fund with Sales Charge (%) (POP) Before Shares Sold 0.88 1.62 1.98 2.99
Fund with Sales Charge (%) (POP) After Shares Sold 1.47 1.83 2.11 2.95
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.54 2.43 1.88 3.26
Fund without Sales Charge (%) (NAV) After Shares Sold 2.55 2.48 2.04 3.18
Fund with Sales Charge (%) (POP) Before Shares Sold 0.21 1.65 1.41 3.03
Fund with Sales Charge (%) (POP) After Shares Sold 1.15 1.87 1.67 2.99

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 4.84 0.68 3.42 -0.57 2.45 6.86 -2.49 5.56 11.19 3.15
Fund with Sales Charge (%) (POP) 2.51 -1.59 1.07 -2.84 0.11 4.49 -4.69 3.20 8.70 0.85
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) -0.88 1.44 3.21 7.34 12.82 37.39 243.13
Fund with Sales Charge (%) (POP) -3.07 -0.85 0.88 4.95 10.31 34.28 235.42
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) -0.88 1.60 4.01 10.61 17.64 41.78 284.02
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) -0.35 -0.35 2.54 7.47 9.77 37.87 237.08
Fund with Sales Charge (%) (POP) -2.60 -2.60 0.21 5.04 7.28 34.82 229.50
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) -0.50 -0.50 3.31 10.53 14.46 41.19 276.10

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.95 2.96 3.53
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 3.23 3.17 3.07
Sharpe Ratio 0.37 0.50 0.76
Information Ratio -2.52 -2.28 -0.38
Tracking Error 0.41 0.36 0.84

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 0.66%
Net Expense Ratio [further-information] 0.56%
Max Initial Sales Charge 2.25%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.37
Standard Deviation 2.95

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