Franklin Federal Limited-Term Tax-Free Income Fund

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

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/02/2003
Fund without Sales Charge (%) (NAV) 3.94 1.66 1.05 1.54 2.04
Fund with Sales Charge (%) (POP) 1.61 0.90 0.59 1.31 1.90
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 4.10 2.37 1.56 1.77 2.50
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/02/2003
Fund without Sales Charge (%) (NAV) 4.05 1.40 1.02 1.53 2.05
Fund with Sales Charge (%) (POP) 1.71 0.63 0.56 1.30 1.90
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.93 1.69 1.47 1.77 2.49

Calendar Year Returns

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

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

Month EndAs of 11/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 3.32 3.94 5.07 5.38 16.49 38.85
Fund with Sales Charge (%) (POP) 0.99 1.61 2.71 3.01 13.87 35.73
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.45 4.10 7.28 8.07 19.15 49.37
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) 3.08 4.05 4.25 5.20 16.42 38.53
Fund with Sales Charge (%) (POP) 0.76 1.71 1.91 2.84 13.80 35.41
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 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.94 1.66 1.05 1.54
Fund without Sales Charge (%) (NAV) After Shares Sold 2.98 1.55 1.05 1.50
Fund with Sales Charge (%) (POP) Before Shares Sold 1.61 0.90 0.59 1.31
Fund with Sales Charge (%) (POP) After Shares Sold 1.59 0.96 0.70 1.32
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.05 1.40 1.02 1.53
Fund without Sales Charge (%) (NAV) After Shares Sold 3.05 1.34 1.02 1.50
Fund with Sales Charge (%) (POP) Before Shares Sold 1.71 0.63 0.56 1.30
Fund with Sales Charge (%) (POP) After Shares Sold 1.65 0.75 0.67 1.31

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 11/30/2019 Updated Monthly, based on a 3-year period

Beta 0.74
Sharpe Ratio 0.06
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