Franklin Federal Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2003
Fund without Sales Charge (%) (NAV) 3.44 2.39 2.17 2.68 2.97
Fund with Sales Charge (%) (POP) 2.44 2.39 2.17 2.68 2.97
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 4.81 3.98 3.58 3.60
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2003
Fund without Sales Charge (%) (NAV) 2.81 2.12 2.01 2.69 2.91
Fund with Sales Charge (%) (POP) 1.81 2.12 2.01 2.69 2.91
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 4.18 3.75 3.42 3.59

After-Tax Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.44 2.39 2.17 2.68
Fund without Sales Charge (%) (NAV) After Shares Sold 2.76 2.30 2.12 2.57
Fund with Sales Charge (%) (POP) Before Shares Sold 2.44 2.39 2.17 2.68
Fund with Sales Charge (%) (POP) After Shares Sold 2.17 2.30 2.12 2.57
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.81 2.12 2.01 2.69
Fund without Sales Charge (%) (NAV) After Shares Sold 2.40 2.10 2.00 2.59
Fund with Sales Charge (%) (POP) Before Shares Sold 1.81 2.12 2.01 2.69
Fund with Sales Charge (%) (POP) After Shares Sold 1.81 2.10 2.00 2.59

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 4.25 0.04 2.93 -1.12 1.89 6.26 -3.02 4.97 10.56 2.65
Fund with Sales Charge (%) (POP) 3.25 -0.94 1.93 -2.09 0.89 5.26 -3.97 3.97 9.56 1.66
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 07/31/2020

Month EndAs of 07/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2003
Fund without Sales Charge (%) (NAV) 4.48 3.00 3.44 7.35 11.31 30.22 64.87
Fund with Sales Charge (%) (POP) 3.48 2.00 2.44 7.35 11.31 30.22 64.87
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 4.88 3.62 4.81 12.42 19.26 42.44
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2003
Fund without Sales Charge (%) (NAV) 2.19 1.69 2.81 6.51 10.44 30.44 62.78
Fund with Sales Charge (%) (POP) 1.19 0.69 1.81 6.51 10.44 30.44 62.78
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 2.69 2.18 4.18 11.68 18.33 42.31

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.07 3.04 3.55
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 3.28 3.20 3.07
Sharpe Ratio 0.25 0.35 0.59
Information Ratio -4.00 -3.76 -1.09
Tracking Error 0.40 0.38 0.84

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

Gross Expense Ratio 1.21%
Net Expense Ratio [further-information] 1.11%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 07/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.25
Standard Deviation 3.07

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