Franklin Federal Limited-Term Tax-Free Income Fund

Distributions

Schedules

Dividend Distributions Further Information This fund is a Daily Accrual fund Monthly
Capital Gain Distributions June
December

Rates and Yields Further Information

Taxable Equivalent Distribution Rate As of 12/13/2019 (updated daily) 2.19%
30-Day Standardized yield As of 11/30/2019 (updated monthly)
w/ Waiver 0.91%
w/o Waiver 0.74%
Taxable Equivalent Yield As of 11/30/2019 (updated monthly)
w/ Waiver 1.54%
w/o Waiver 1.25%

Distribution Rate and Breakpoints As of 12/13/2019 (updated daily)

Less than $100,000 1.29%
$100,000 - $249,999 1.30%
$250,000 - $499,999 1.31%
$500,000 - $999,999
At Net Asset Value 1.32%

Year-to-Date Distributions Per Share As of 12/14/2019 (updated daily)

Distribution amounts may be estimates Further Information

Month Amount ($) Record Date Ex-Date Payable Date Reinvestment Date Reinvestment Price ($)
January
Total Distributions Per Share 0.012300 Daily Daily Jan 31 Jan 31 10.33
Tax-Exempt Income 0.012300 Daily Daily Jan 31 Jan 31 10.33
February
Total Distributions Per Share 0.013800 Daily Daily Feb 28 Feb 28 10.35
Tax-Exempt Income 0.013800 Daily Daily Feb 28 Feb 28 10.35
March
Total Distributions Per Share 0.013800 Daily Daily Mar 29 Mar 29 10.39
Tax-Exempt Income 0.013800 Daily Daily Mar 29 Mar 29 10.39
April
Total Distributions Per Share 0.022900 Daily Daily Apr 30 Apr 30 10.38
Tax-Exempt Income 0.022900 Daily Daily Apr 30 Apr 30 10.38
May
Total Distributions Per Share 0.012556 Daily Daily May 31 May 31 10.44
Tax-Exempt Income 0.012556 Daily Daily May 31 May 31 10.44
June
Total Distributions Per Share 0.011254 Daily Daily Jun 28 Jun 28 10.46
Tax-Exempt Income 0.011254 Daily Daily Jun 28 Jun 28 10.46
July
Total Distributions Per Share 0.013316 Daily Daily Jul 31 Jul 31 10.50
Tax-Exempt Income 0.013316 Daily Daily Jul 31 Jul 31 10.50
August
Total Distributions Per Share 0.012041 Daily Daily Aug 30 Aug 30 10.54
Tax-Exempt Income 0.012041 Daily Daily Aug 30 Aug 30 10.54
September
Total Distributions Per Share 0.013163 Daily Daily Sep 30 Sep 30 10.48
Tax-Exempt Income 0.013163 Daily Daily Sep 30 Sep 30 10.48
October
Total Distributions Per Share 0.012862 Daily Daily Oct 31 Oct 31 10.48
Tax-Exempt Income 0.012862 Daily Daily Oct 31 Oct 31 10.48
November
Total Distributions Per Share 0.011576 Daily Daily Nov 29 Nov 29 10.48
Tax-Exempt Income 0.011576 Daily Daily Nov 29 Nov 29 10.48
December
Estimate Long-Term Capital Gain 0.0000-0.0000 Daily Daily Dec 31 Dec 31 TBD
Estimate Short-Term Capital Gain 0.0000-0.0000 Daily Daily Dec 31 Dec 31 TBD

All fund distributions will vary depending upon current market conditions, and past distributions are not indicative of future trends.