Franklin Federal Limited-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 03/31/2019

Month EndAs of 04/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/02/2003
Fund without Sales Charge (%) (NAV) 3.16 1.10 0.98 1.75 2.09
Fund with Sales Charge (%) (POP) 3.16 1.10 0.98 1.75 2.09
Bloomberg Barclays 5-Year Municipal Bond Index (%) 4.85 1.63 2.12 3.02 3.44
Quarter EndAs of 03/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/02/2003
Fund without Sales Charge (%) (NAV) 2.82 1.08 0.99 1.81 2.09
Fund with Sales Charge (%) (POP) 2.82 1.08 0.99 1.81 2.09
Bloomberg Barclays 5-Year Municipal Bond Index (%) 4.42 1.79 2.23 3.12 3.46

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 03/31/2019

Month EndAs of 04/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 1.47 3.16 3.34 4.99 18.98 38.29
Fund with Sales Charge (%) (POP) 1.47 3.16 3.34 4.99 18.98 38.29
Bloomberg Barclays 5-Year Municipal Bond Index (%) 2.14 4.85 4.97 11.04 34.63 69.84
Quarter EndAs of 03/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/02/2003
Fund without Sales Charge (%) (NAV) 1.32 2.82 3.28 5.04 19.62 38.09
Fund with Sales Charge (%) (POP) 1.32 2.82 3.28 5.04 19.62 38.09
Bloomberg Barclays 5-Year Municipal Bond Index (%) 2.11 4.42 5.46 11.64 36.01 69.79

After-Tax Average Annual Total Returns [further-information] As of 03/31/2019

Month EndAs of 04/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.16 1.10 0.98 1.75
Fund without Sales Charge (%) (NAV) After Shares Sold 2.60 1.13 1.02 1.71
Fund with Sales Charge (%) (POP) Before Shares Sold 3.16 1.10 0.98 1.75
Fund with Sales Charge (%) (POP) After Shares Sold 2.60 1.13 1.02 1.71
Quarter EndAs of 03/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.82 1.08 0.99 1.81
Fund without Sales Charge (%) (NAV) After Shares Sold 2.33 1.10 1.02 1.75
Fund with Sales Charge (%) (POP) Before Shares Sold 2.82 1.08 0.99 1.81
Fund with Sales Charge (%) (POP) After Shares Sold 2.33 1.10 1.02 1.75

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 04/30/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio -0.17
Standard Deviation 0.92

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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