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 08/31/2021 (updated monthly) $1,444.4 (M)
Net Assets - Class A1 As of 08/31/2021 (updated monthly) $450.3 (M)

Positions As of 08/31/2021

Total Positions 332

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

Fund Benchmark
Average Duration As of 08/31/2021 (updated monthly) 2.12 Year(s) 2.47 Year(s)
Average Weighted MaturityAs of 08/31/2021 (updated monthly) 2.79 Year(s) 2.91 Year(s)

Portfolio Details

Asset AllocationAs of 08/31/2021

[name] [value]
Fixed Income 73.38%
Cash & Cash Equivalents 26.62%

Quality Breakdown As of 08/31/2021

Cash & Cash Equivalents 26.62%
AA 25.56%
A 17.70%
AAA 12.37%
Refunded 8.40%
BBB 7.60%
Not Rated 1.77%

Quality Breakdown As of 08/31/2021

[name] [value]
Investment Grade 63.23%
0%
Not Rated 1.77%
Not Applicable 0%
Cash & Cash Equivalents 26.62%
Investment Grade 63.23%
AAA 12.37%
AA 25.56%
A 17.70%
BBB 7.60%
Below Investment Grade 0.00%
Not Rated 1.77%
N/A 0.00%
Cash & Cash Equivalents 26.62%

sector breakdownAs of 08/31/2021

[name] [value]
Cash & Cash Equivalents 26.62%
Local 11.53%
Industrial Dev. Revenue and Pollution Control 8.64%
State General Obligation 8.62%
Refunded 8.40%
Lease 7.63%
Education 6.86%
Health Care 5.94%
Utilities 4.30%
Transportation 4.19%
Special Tax 3.62%
Housing 2.36%
Other Revenue Bonds 1.31%

State / U.S. Territory ExposureAs of 08/31/2021

No chart available for this data.
[name] [value]
Others 32.65%
Cash & Cash Equivalents 26.62%
New Jersey 8.29%
Illinois 5.72%
Texas 5.70%
New York 5.14%
Washington 4.20%
Pennsylvania 3.94%
Georgia 3.92%
Puerto Rico 0.02%