Franklin Federal Tax-Free Income Fund

This fund or share class has been closed to new investors.

This fund or share class has been closed to new investors.

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

Month EndAs of 05/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/07/1983
Fund without Sales Charge (%) (NAV) 5.36 2.27 3.07 4.57 6.32
Fund with Sales Charge (%) (POP) 1.39 0.97 2.29 4.17 6.20
Bloomberg Barclays Municipal Bond Index (%) 6.40 2.97 3.58 4.58 6.64
Quarter EndAs of 03/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/07/1983
Fund without Sales Charge (%) (NAV) 4.22 2.02 3.34 4.81 6.33
Fund with Sales Charge (%) (POP) 0.30 0.74 2.55 4.41 6.21
Bloomberg Barclays Municipal Bond Index (%) 5.38 2.71 3.73 4.72 6.62

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.61 3.61 0.70 2.44 11.21 -4.46 9.03 12.12 0.86 16.31
Fund with Sales Charge (%) (POP) -3.65 -0.77 -3.59 -1.94 6.49 -8.54 4.40 7.40 -3.41 11.38
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

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

Month EndAs of 05/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/07/1983
Fund without Sales Charge (%) (NAV) 4.40 5.36 6.98 16.33 56.29 788.13
Fund with Sales Charge (%) (POP) 0.51 1.39 2.94 11.99 50.47 755.02
Bloomberg Barclays Municipal Bond Index (%) 4.71 6.40 9.16 19.25 56.53 890.36
Quarter EndAs of 03/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/07/1983
Fund without Sales Charge (%) (NAV) 2.63 4.22 6.19 17.85 60.04 781.46
Fund with Sales Charge (%) (POP) -1.20 0.30 2.24 13.44 54.02 748.60
Bloomberg Barclays Municipal Bond Index (%) 2.90 5.38 8.35 20.12 58.55 873.23

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

Month EndAs of 05/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.36 2.28 3.07 4.57
Fund without Sales Charge (%) (NAV) After Shares Sold 4.70 2.60 3.24 4.49
Fund with Sales Charge (%) (POP) Before Shares Sold 1.39 0.97 2.29 4.17
Fund with Sales Charge (%) (POP) After Shares Sold 2.29 1.58 2.61 4.16
Quarter EndAs of 03/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.23 2.02 3.34 4.81
Fund without Sales Charge (%) (NAV) After Shares Sold 4.03 2.42 3.46 4.72
Fund with Sales Charge (%) (POP) Before Shares Sold 0.30 0.74 2.55 4.41
Fund with Sales Charge (%) (POP) After Shares Sold 1.64 1.42 2.83 4.38

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

Gross Expense Ratio 0.62%
Net Expense Ratio [further-information] 0.62%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 05/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.34
Standard Deviation 2.80

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index

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