Franklin Federal Limited-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 12/31/2018

Month EndAs of 02/28/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/02/2003
Fund without Sales Charge (%) (NAV) 2.16 0.86 0.84 1.78 2.07
Fund with Sales Charge (%) (POP) 2.16 0.86 0.84 1.78 2.07
Bloomberg Barclays 5-Year Municipal Bond Index (%) 3.66 1.42 1.91 3.10 3.43
Quarter EndAs of 12/31/2018 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/02/2003
Fund without Sales Charge (%) (NAV) 1.63 0.76 0.84 1.88 2.04
Fund with Sales Charge (%) (POP) 1.63 0.76 0.84 1.88 2.04
Bloomberg Barclays 5-Year Municipal Bond Index (%) 1.68 1.47 2.00 3.13 3.37

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 1.63 0.44 0.20 0.67 1.24 0.52 2.02 4.15
Fund with Sales Charge (%) (POP) 1.63 0.44 0.20 0.67 1.24 0.52 2.02 4.15
Bloomberg Barclays 5-Year Municipal Bond Index (%) 1.68 3.14 -0.39 2.43 3.19 0.81 2.96 6.93

Cumulative Total Returns [further-information] As of 12/31/2018

Month EndAs of 02/28/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 0.78 2.16 2.61 4.27 19.34 37.35
Fund with Sales Charge (%) (POP) 0.78 2.16 2.61 4.27 19.34 37.35
Bloomberg Barclays 5-Year Municipal Bond Index (%) 1.40 3.66 4.33 9.92 35.67 68.61
Quarter EndAs of 12/31/2018 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 1.63 1.63 2.28 4.25 20.51 36.28
Fund with Sales Charge (%) (POP) 1.63 1.63 2.28 4.25 20.51 36.28
Bloomberg Barclays 5-Year Municipal Bond Index (%) 1.68 1.68 4.47 10.42 36.11 66.28

After-Tax Average Annual Total Returns [further-information] As of 12/31/2018

Month EndAs of 02/28/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.16 0.86 0.84 1.78
Fund without Sales Charge (%) (NAV) After Shares Sold 1.92 0.93 0.91 1.74
Fund with Sales Charge (%) (POP) Before Shares Sold 2.16 0.86 0.84 1.78
Fund with Sales Charge (%) (POP) After Shares Sold 1.92 0.93 0.91 1.74
Quarter EndAs of 12/31/2018 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.63 0.75 0.84 1.88
Fund without Sales Charge (%) (NAV) After Shares Sold 1.55 0.84 0.90 1.82
Fund with Sales Charge (%) (POP) Before Shares Sold 1.63 0.75 0.84 1.88
Fund with Sales Charge (%) (POP) After Shares Sold 1.55 0.84 0.90 1.82

SALES CHARGE, EXPENSES & FEES As of 09/10/2018 (updated annually)

Gross Expense Ratio 0.56%
Net Expense Ratio [further-information] 0.40%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/28/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio -0.31
Standard Deviation 0.89

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Bloomberg Barclays 5-Year Municipal Bond Index

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