Franklin Federal Limited-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/02/2003
Fund without Sales Charge (%) (NAV) 2.52 1.95 1.41 1.55 2.07
Fund with Sales Charge (%) (POP) 0.21 1.18 0.95 1.32 1.93
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 2.96 2.34 1.93 1.81 2.53
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/02/2003
Fund without Sales Charge (%) (NAV) 2.52 1.95 1.41 1.55 2.07
Fund with Sales Charge (%) (POP) 0.21 1.18 0.95 1.32 1.93
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 2.96 2.34 1.93 1.81 2.53

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 3.45 1.26
Fund with Sales Charge (%) (POP) 1.12 -1.02
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.66 1.77

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 1.58 2.52 5.97 7.24 16.63 41.23
Fund with Sales Charge (%) (POP) -0.70 0.21 3.59 4.82 14.00 38.05
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 1.77 2.96 7.19 10.06 19.62 52.33
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 1.58 2.52 5.97 7.24 16.63 41.23
Fund with Sales Charge (%) (POP) -0.70 0.21 3.59 4.82 14.00 38.05
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 1.77 2.96 7.19 10.06 19.62 52.33

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.52 1.95 1.41 1.55
Fund without Sales Charge (%) (NAV) After Shares Sold 2.04 1.79 1.33 1.49
Fund with Sales Charge (%) (POP) Before Shares Sold 0.21 1.18 0.95 1.32
Fund with Sales Charge (%) (POP) After Shares Sold 0.67 1.20 0.98 1.31
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.52 1.95 1.41 1.55
Fund without Sales Charge (%) (NAV) After Shares Sold 2.04 1.79 1.33 1.49
Fund with Sales Charge (%) (POP) Before Shares Sold 0.21 1.18 0.95 1.32
Fund with Sales Charge (%) (POP) After Shares Sold 0.67 1.20 0.98 1.31

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 0.81%
Net Expense Ratio [further-information] 0.65%
Max Initial Sales Charge 2.25%
CDSC 1.00%

Volatility Measures [further-information] As of 07/31/2020 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 0.27
Standard Deviation 1.63

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