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) 2.81 2.23 1.62 1.72 2.18
Fund with Sales Charge (%) (POP) 2.81 2.23 1.62 1.72 2.18
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) 2.81 2.23 1.62 1.72 2.18
Fund with Sales Charge (%) (POP) 2.81 2.23 1.62 1.72 2.18
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 2.96 2.34 1.93 1.81 2.53

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 3.74 1.57 0.45
Fund with Sales Charge (%) (POP) 3.74 1.57 0.45
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 3.66 1.77 1.61

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) 1.72 2.81 6.85 8.35 18.64 43.75
Fund with Sales Charge (%) (POP) 1.72 2.81 6.85 8.35 18.64 43.75
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) 1.72 2.81 6.85 8.35 18.64 43.75
Fund with Sales Charge (%) (POP) 1.72 2.81 6.85 8.35 18.64 43.75
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 2.81 2.23 1.62 1.72
Fund without Sales Charge (%) (NAV) After Shares Sold 2.34 2.06 1.54 1.67
Fund with Sales Charge (%) (POP) Before Shares Sold 2.81 2.23 1.62 1.72
Fund with Sales Charge (%) (POP) After Shares Sold 2.34 2.06 1.54 1.67
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.81 2.23 1.62 1.72
Fund without Sales Charge (%) (NAV) After Shares Sold 2.34 2.06 1.54 1.67
Fund with Sales Charge (%) (POP) Before Shares Sold 2.81 2.23 1.62 1.72
Fund with Sales Charge (%) (POP) After Shares Sold 2.34 2.06 1.54 1.67

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

Gross Expense Ratio 0.54%
Net Expense Ratio [further-information] 0.37%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.87
Sharpe Ratio 0.37
Standard Deviation 1.61

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