Franklin Federal Limited-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/02/2003
Fund without Sales Charge (%) (NAV) 3.45 1.69 1.10 1.56 2.04
Fund with Sales Charge (%) (POP) 1.12 0.92 0.64 1.33 1.90
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.66 2.34 1.66 1.78 2.50
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/02/2003
Fund without Sales Charge (%) (NAV) 3.45 1.69 1.10 1.56 2.04
Fund with Sales Charge (%) (POP) 1.12 0.92 0.64 1.33 1.90
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.66 2.34 1.66 1.78 2.50

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 12/31/2019

Month EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 3.45 3.45 5.14 5.63 16.76 39.03
Fund with Sales Charge (%) (POP) 1.12 1.12 2.78 3.25 14.13 35.90
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.66 3.66 7.19 8.56 19.26 49.68
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 3.45 3.45 5.14 5.63 16.76 39.03
Fund with Sales Charge (%) (POP) 1.12 1.12 2.78 3.25 14.13 35.90
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.66 3.66 7.19 8.56 19.26 49.68

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.45 1.69 1.10 1.56
Fund without Sales Charge (%) (NAV) After Shares Sold 2.69 1.57 1.09 1.52
Fund with Sales Charge (%) (POP) Before Shares Sold 1.12 0.92 0.64 1.33
Fund with Sales Charge (%) (POP) After Shares Sold 1.30 0.98 0.74 1.33
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.45 1.69 1.10 1.56
Fund without Sales Charge (%) (NAV) After Shares Sold 2.69 1.57 1.09 1.52
Fund with Sales Charge (%) (POP) Before Shares Sold 1.12 0.92 0.64 1.33
Fund with Sales Charge (%) (POP) After Shares Sold 1.30 0.98 0.74 1.33

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

Gross Expense Ratio 0.83%
Net Expense Ratio [further-information] 0.65%
Max Initial Sales Charge 2.25%
CDSC 0.75%

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.75
Sharpe Ratio 0.05
Standard Deviation 1.04

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