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 07/01/2003
Fund without Sales Charge (%) (NAV) 5.58 2.84 1.93 2.92 3.01
Fund with Sales Charge (%) (POP) 4.58 2.84 1.93 2.92 3.01
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 7.65 4.48 3.39 3.76
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2003
Fund without Sales Charge (%) (NAV) 4.25 2.39 1.58 2.88 2.89
Fund with Sales Charge (%) (POP) 3.25 2.39 1.58 2.88 2.89
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 6.44 4.10 3.01 3.66

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 5.58 2.84 1.93 2.92
Fund without Sales Charge (%) (NAV) After Shares Sold 4.14 2.65 1.94 2.78
Fund with Sales Charge (%) (POP) Before Shares Sold 4.58 2.84 1.93 2.92
Fund with Sales Charge (%) (POP) After Shares Sold 3.54 2.65 1.94 2.78
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.25 2.39 1.58 2.88
Fund without Sales Charge (%) (NAV) After Shares Sold 3.39 2.32 1.68 2.76
Fund with Sales Charge (%) (POP) Before Shares Sold 3.25 2.39 1.58 2.88
Fund with Sales Charge (%) (POP) After Shares Sold 2.80 2.32 1.68 2.76

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 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2003
Fund without Sales Charge (%) (NAV) 2.49 2.33 5.58 8.77 10.05 33.32 63.79
Fund with Sales Charge (%) (POP) 1.49 1.33 4.58 8.77 10.05 33.32 63.79
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 2.82 2.49 7.65 14.05 18.15 44.61
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2003
Fund without Sales Charge (%) (NAV) 0.36 4.25 4.25 7.35 8.15 32.77 60.07
Fund with Sales Charge (%) (POP) -0.63 3.25 3.25 7.35 8.15 32.77 60.07
Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index (%) 0.81 6.44 6.44 12.80 16.00 43.25

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.00 2.44 3.34
Standard Deviation (Linked Bloomberg Barclays 1-15/10 Year Muni Bond Index) 2.23 2.57 2.79
Sharpe Ratio 0.58 0.35 0.70
Information Ratio -4.33 -4.00 -0.98
Tracking Error 0.38 0.36 0.85

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

Gross Expense Ratio 1.20%
Net Expense Ratio [further-information] 1.11%
Max Initial Sales Charge 0.00%
CDSC 1.00%

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

Sharpe Ratio 0.58
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