Franklin Insured Tax-Free Income Fund

This fund or share class has been closed to all investments.

PRICE AND YTD RETURN As of 05/27/2016

NAV up $0.00 $12.45
POP $13.00
YTD Total return at Nav 1.91%
1 YEAR RETURN -1.51%
10 YEAR RETURN 3.98%


Investment Category Municipal Bonds
Distributions Monthly
CUSIP 354 723 108
Fund Number 121
Inception Date Apr 03, 1985
Total Net Assets (all share classes) As of 04/30/2016 $1,973.2 (M)
Distribution Rate at NAV As of 05/27/2016 3.79%
30-Day Standardized yield As of 04/30/2016 (updated monthly) 1.22%

SALES CHARGE, EXPENSES, & FEES As of 07/01/2015 (updated annually)

Gross Expense Ratio 0.61%
Net Expense Ratio 0.61%
Max Initial Sales Charge 4.25%
CDSC 0.00%
12b-1 Fee 0.09%

Fund Description

The Fund invests at least 80% of its net assets in insured municipal securities.

Strategy Statement

"In the Franklin Muni Department, we are committed to a conservative, disciplined investment strategy. We seek to provide shareholders with a high level of tax-free income while preserving capital."

John Pomeroy, MBA


John Pomeroy, MBA

John Pomeroy, MBA

  • Joined Franklin Templeton in 1986
  • Managed Fund Since 1989
James Conn, CFA, MBA

James Conn, CFA®, MBA

  • Joined Franklin Templeton in 1996
  • Managed Fund Since 1999

Overall Morningstar Rating As of 04/30/2016

Rating Category: Muni National Long

The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating As of 04/30/2016

Years Ratings Funds
in category
3 Stars
3 Stars
3 Stars

Morningstar Style Box

We do not publish a style box for this fund.

Strategy, Benefits, Results


  • We take a conservative, income-oriented approach.
  • We don't use leverage or invest in derivatives, which can increase portfolio volatility.
  • Our analysts search for high-quality, undervalued bonds.
  • We buy and hold for the long term.


  • Monthly income exempt from federal incomes taxesi
  • Portfolio diversification
  • Tenured investment team with expertise across market cycles

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