Franklin Federal Limited-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/02/2003
Fund without Sales Charge (%) (NAV) 4.43 1.71 1.30 1.84 2.18
Fund with Sales Charge (%) (POP) 4.43 1.71 1.30 1.84 2.18
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 4.05 1.74 1.57 1.91 2.53
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/02/2003
Fund without Sales Charge (%) (NAV) 3.62 1.41 1.14 1.87 2.14
Fund with Sales Charge (%) (POP) 3.62 1.41 1.14 1.87 2.14
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.48 1.51 1.48 1.94 2.51

Calendar Year Returns

2018 2017
Fund without Sales Charge (%) (NAV) 1.57 0.45
Fund with Sales Charge (%) (POP) 1.57 0.45
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 1.77 1.61

Cumulative Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 3.73 4.43 5.23 6.65 19.99 41.30
Fund with Sales Charge (%) (POP) 3.73 4.43 5.23 6.65 19.99 41.30
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.30 4.05 5.29 8.10 20.77 49.17
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 2.64 3.62 4.30 5.84 20.32 39.82
Fund with Sales Charge (%) (POP) 2.64 3.62 4.30 5.84 20.32 39.82
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 2.46 3.48 4.59 7.60 21.14 47.95

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.43 1.71 1.30 1.84
Fund without Sales Charge (%) (NAV) After Shares Sold 3.38 1.62 1.27 1.77
Fund with Sales Charge (%) (POP) Before Shares Sold 4.43 1.71 1.30 1.84
Fund with Sales Charge (%) (POP) After Shares Sold 3.38 1.62 1.27 1.77
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.62 1.41 1.14 1.87
Fund without Sales Charge (%) (NAV) After Shares Sold 2.89 1.38 1.15 1.80
Fund with Sales Charge (%) (POP) Before Shares Sold 3.62 1.41 1.14 1.87
Fund with Sales Charge (%) (POP) After Shares Sold 2.89 1.38 1.15 1.80

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

Gross Expense Ratio 0.55%
Net Expense Ratio [further-information] 0.36%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 08/31/2019 Updated Monthly, based on a 3-year period

Beta 0.62
Sharpe Ratio 0.21
Standard Deviation 1.07

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