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 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) 6.17 3.39 2.49 3.48 4.63
Fund with Sales Charge (%) (POP) 3.74 2.60 2.01 3.24 4.54
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) 4.84 2.97 2.15 3.44 4.57
Fund with Sales Charge (%) (POP) 2.51 2.18 1.68 3.21 4.48
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 6.17 3.39 2.49 3.48
Fund without Sales Charge (%) (NAV) After Shares Sold 4.72 3.20 2.50 3.34
Fund with Sales Charge (%) (POP) Before Shares Sold 3.74 2.60 2.01 3.24
Fund with Sales Charge (%) (POP) After Shares Sold 3.26 2.59 2.13 3.15
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.84 2.97 2.15 3.44
Fund without Sales Charge (%) (NAV) After Shares Sold 3.97 2.89 2.24 3.33
Fund with Sales Charge (%) (POP) Before Shares Sold 2.51 2.18 1.68 3.21
Fund with Sales Charge (%) (POP) After Shares Sold 2.57 2.28 1.87 3.14

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 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) 2.63 2.34 6.17 10.51 13.06 40.74 246.19
Fund with Sales Charge (%) (POP) 0.32 0.03 3.74 8.02 10.49 37.54 238.40
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) 0.59 4.84 4.84 9.16 11.20 40.28 238.26
Fund with Sales Charge (%) (POP) -1.68 2.51 2.51 6.68 8.66 37.16 230.66
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) 2.00 2.42 3.33
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 2.23 2.57 2.79
Sharpe Ratio 0.85 0.58 0.87
Information Ratio -3.17 -2.66 -0.33
Tracking Error 0.34 0.34 0.84

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

Gross Expense Ratio 0.65%
Net Expense Ratio [further-information] 0.56%
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

Sharpe Ratio 0.85
Standard Deviation 2.00

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