Franklin Federal Limited-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.

Portfolio Statistics

Assets

Total Fund AssetsAs of 05/31/2021 (updated monthly) $1,389.6 (M)
Net Assets - Class A1 As of 05/31/2021 (updated monthly) $459.7 (M)

Positions As of 05/31/2021

Total Positions 264

FIXED INCOME VS. Bloomberg Barclays Municipal Short 1-5 Years Index

Fund Benchmark
Average Duration As of 05/31/2021 (updated monthly) 2.18 Year(s) 2.38 Year(s)
Average Weighted MaturityAs of 05/31/2021 (updated monthly) 2.92 Year(s) 2.77 Year(s)

Portfolio Details

Asset AllocationAs of 05/31/2021

[name] [value]
Fixed Income 75.10%
Cash & Cash Equivalents 24.90%

Quality Breakdown As of 05/31/2021

AA 26.75%
Cash & Cash Equivalents 24.90%
A 15.79%
AAA 13.66%
Refunded 10.15%
BBB 5.43%
Not Rated 3.32%

Quality Breakdown As of 05/31/2021

[name] [value]
Investment Grade 61.63%
0%
Not Rated 3.32%
Not Applicable 0%
Cash & Cash Equivalents 24.90%
Investment Grade 61.63%
AAA 13.66%
AA 26.75%
A 15.79%
BBB 5.43%
Below Investment Grade 0.00%
Not Rated 3.32%
N/A 0.00%
Cash & Cash Equivalents 24.90%

sector breakdownAs of 05/31/2021

[name] [value]
Cash & Cash Equivalents 24.90%
Local 12.01%
Refunded 10.15%
State General Obligation 9.06%
Lease 8.38%
Industrial Dev. Revenue and Pollution Control 7.67%
Education 6.57%
Health Care 5.74%
Transportation 5.49%
Utilities 3.82%
Special Tax 3.16%
Housing 1.66%
Other Revenue Bonds 1.38%

State / U.S. Territory ExposureAs of 05/31/2021

No chart available for this data.
[name] [value]
Cash & Cash Equivalents 24.90%
New Jersey 8.21%
Texas 7.48%
New York 5.08%
Washington 4.43%
Maryland 4.31%
Louisiana 3.71%
Pennsylvania 3.64%
Illinois 3.61%
Georgia 3.43%
Ohio 3.25%
California 2.83%
Hawaii 2.23%
Florida 2.03%
Tennessee 1.92%
Kentucky 1.90%
Nevada 1.66%
Minnesota 1.47%
Arizona 1.43%
Alabama 1.23%
Virginia 1.19%
Wisconsin 1.12%
Iowa 0.99%
Oregon 0.99%
Alaska 0.94%
Arkansas 0.82%
Colorado 0.82%
Connecticut 0.62%
North Carolina 0.61%
Oklahoma 0.59%
Massachusetts 0.50%
Montana 0.46%
Michigan 0.40%
Delaware 0.38%
Rhode Island 0.19%
Utah 0.18%
Kansas 0.15%
Wyoming 0.13%
Missouri 0.05%
South Dakota 0.05%
Mississippi 0.03%
Maine 0.02%
Puerto Rico 0.02%
District of Columbia 0.01%
Indiana 0.01%
New Hampshire 0.00%
New Mexico 0.00%