Franklin Federal Limited-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/02/2003
Fund without Sales Charge (%) (NAV) 2.22 1.71 1.25 1.65 2.10
Fund with Sales Charge (%) (POP) 2.22 1.71 1.25 1.65 2.10
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 1.88 1.79 1.49 1.70 2.44
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/02/2003
Fund without Sales Charge (%) (NAV) 2.22 1.71 1.25 1.65 2.10
Fund with Sales Charge (%) (POP) 2.22 1.71 1.25 1.65 2.10
Bloomberg Barclays Municipal Short 1-5 Years Index (%) 1.88 1.79 1.49 1.70 2.44

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 03/31/2020

Month EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) -0.05 2.22 5.23 6.43 17.79 41.24
Fund with Sales Charge (%) (POP) -0.05 2.22 5.23 6.43 17.79 41.24
Bloomberg Barclays Municipal Short 1-5 Years Index (%) -0.41 1.88 5.48 7.68 18.35 49.06
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) -0.05 2.22 5.23 6.43 17.79 41.24
Fund with Sales Charge (%) (POP) -0.05 2.22 5.23 6.43 17.79 41.24
Bloomberg Barclays Municipal Short 1-5 Years Index (%) -0.41 1.88 5.48 7.68 18.35 49.06

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.22 1.71 1.25 1.65
Fund without Sales Charge (%) (NAV) After Shares Sold 2.07 1.66 1.26 1.62
Fund with Sales Charge (%) (POP) Before Shares Sold 2.22 1.71 1.25 1.65
Fund with Sales Charge (%) (POP) After Shares Sold 2.07 1.66 1.26 1.62
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.22 1.71 1.25 1.65
Fund without Sales Charge (%) (NAV) After Shares Sold 2.07 1.66 1.26 1.62
Fund with Sales Charge (%) (POP) Before Shares Sold 2.22 1.71 1.25 1.65
Fund with Sales Charge (%) (POP) After Shares Sold 2.07 1.66 1.26 1.62

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 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.87
Sharpe Ratio 0.02
Standard Deviation 1.41

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