Franklin Federal Limited-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/02/2003
Fund without Sales Charge (%) (NAV) 4.62 1.71 1.24 1.77 2.15
Fund with Sales Charge (%) (POP) 4.62 1.71 1.24 1.77 2.15
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 4.40 1.87 1.53 1.84 2.50
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/02/2003
Fund without Sales Charge (%) (NAV) 4.31 1.65 1.21 1.68 2.15
Fund with Sales Charge (%) (POP) 4.31 1.65 1.21 1.68 2.15
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.93 1.69 1.47 1.77 2.49

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 1.63 0.44 0.20 0.67 1.24 0.52 2.02 4.15
Fund with Sales Charge (%) (POP) 1.63 0.44 0.20 0.67 1.24 0.52 2.02 4.15
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 1.77 1.61 0.07 1.21 1.31 1.15 1.73 3.45

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 10/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 3.41 4.62 5.21 6.37 19.13 40.94
Fund with Sales Charge (%) (POP) 3.41 4.62 5.21 6.37 19.13 40.94
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.22 4.40 5.71 7.91 19.99 49.05
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 3.27 4.31 5.04 6.22 18.15 40.73
Fund with Sales Charge (%) (POP) 3.27 4.31 5.04 6.22 18.15 40.73
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 2.80 3.93 5.16 7.59 19.16 48.43

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.62 1.71 1.24 1.77
Fund without Sales Charge (%) (NAV) After Shares Sold 3.49 1.62 1.24 1.71
Fund with Sales Charge (%) (POP) Before Shares Sold 4.62 1.71 1.24 1.77
Fund with Sales Charge (%) (POP) After Shares Sold 3.49 1.62 1.24 1.71
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.31 1.65 1.21 1.68
Fund without Sales Charge (%) (NAV) After Shares Sold 3.31 1.57 1.21 1.64
Fund with Sales Charge (%) (POP) Before Shares Sold 4.31 1.65 1.21 1.68
Fund with Sales Charge (%) (POP) After Shares Sold 3.31 1.57 1.21 1.64

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

Gross Expense Ratio 0.58%
Net Expense Ratio [further-information] 0.40%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.13
Standard Deviation 1.08

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Bloomberg Barclays Municipal Short 1-5 Years Index