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FKQTX

Franklin Federal Intermediate-Term Tax-Free Income Fund

Factsheet
View All
As of 12/12/2025

NAV 1

$11.39

$-0.01 (-0.09%)
 

POP 2

$11.65

 
 

YTD Total Return At NAV 3

4.33%

 
As of 11/30/2025

Morningstar Overall Rating™ 4

View ratings details
Muni National Intermediate

See the risks and other important information.

Overview

  • Fund Description
  • Strategy & Benefits

Fund Description

The fund seeks to provide investors with as high a level of income exempt from regular federal income taxes as is consistent with prudent investment management and the preservation of shareholders’ capital. The fund maintains a dollar-weighted average portfolio maturity of six to twelve years.

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. "

Benjamin C. Barber, CFA

Strategy & Benefits

Strategy
  • We believe an active, research-driven approach is critical, given 
    the size of the municipal market
  • Our team seeks to identify and capture attractive value 
    opportunities across the municipal bond landscape to deliver a tax-
    efficient portfolio
  • We place an emphasis on risk management, which is fully 
    incorporated into our research and portfolio construction process
Benefits
  • Monthly income exempt from federal taxesi
  • Portfolio diversification
  • Tenured investment team with expertise across market cycles
Fund Information
Asset Class 
Fixed Income
Share Class Inception Date 
09/10/2018
Fund Inception Date 
09/21/1992
Benchmark5 
Linked Bloomberg 1-15/10 Year Muni Bond Index
Investment Style 
Municipals
Morningstar Category4 
Muni National Intermediate
Lipper Classification 
Intermediate Municipal Debt Funds
Total Net Assets  As of 11/30/2025 (Updated Monthly)
$2.04 Billion
Dividends & Yields
Dividend Frequency, if any 
Monthly
Distribution Rate at NAV6  As of 12/12/2025 (Updated Daily)
3.04%
30-Day SEC Yield—With Waiver7, 8, 9  As of 11/30/2025 (Updated Monthly)
3.07%
30-Day SEC Yield—Without Waiver7, 9  As of 11/30/2025 (Updated Monthly)
2.94%
Sales Charges, Expenses & Fees
As of 07/01/2025
Gross Expense Ratio10 
0.82%
Net Expense Ratio10, 11 
0.72%
Maximum Initial Charge 
2.25%
CDSC12 
1.00%
12b-1 Fee 
0.25%
Identifiers
Ticker 
FKQTX
Fund Number 
1174
CUSIP Code 
354726507

Portfolio Managers

Benjamin C. Barber, CFA®

California, United States

Managed Fund Since 2020

James Conn, CFA®

California, United States

Managed Fund Since 1999

Garrett L Hamilton, CFA®

Massachusetts, United States

Managed Fund Since 2024

Francisco Rivera

California, United States

Managed Fund Since 2020

Daniel Workman, CFA®

California, United States

Managed Fund Since 2020

Performance

  • Average Annual Total Returns
  • Calendar Year Returns
  • Cumulative Total Returns
  • Risk Measures

Average Annual Total Returns

Average Annual Total Returns 13

 As of 11/30/2025

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.51 to 4.41.
End of interactive chart.

Month End   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
1 Year  
1.21
3 Years  
3.43
5 Years  
0.51
10 Years  
1.48
Since Inception   09/21/1992
3.92
Month End   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
1 Year  
3.54
3 Years  
4.21
5 Years  
0.96
10 Years  
1.71
Since Inception   09/21/1992
3.99
Month End   As of 11/30/2025
Linked Bloomberg 1-15/10 Year Muni Bond Index (%) 5
1 Year  
3.84
3 Years  
3.82
5 Years  
1.20
10 Years  
2.30
Since Inception   09/21/1992
4.41

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Calendar Year Returns

Calendar Year Returns 13

 As of 11/30/2025

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -10.28 to 6.44.
End of interactive chart.

Month End   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
2.21
2024  
0.02
2023  
3.19
2022  
-10.28
2021  
-1.65
2020  
1.89
2019  
2.32
2018  
-1.56
2017  
—
2016  
—
2015  
—
Performance Inception Date  
09/21/1992
Month End   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
4.56
2024  
2.32
2023  
5.56
2022  
-8.22
2021  
0.62
2020  
4.24
2019  
4.68
2018  
0.71
2017  
3.42
2016  
-0.58
2015  
2.45
Performance Inception Date  
09/21/1992
Month End   As of 11/30/2025
Linked Bloomberg 1-15/10 Year Muni Bond Index (%) 5
YTD  
4.89
2024  
0.88
2023  
5.26
2022  
-5.95
2021  
0.86
2020  
4.73
2019  
6.44
2018  
1.58
2017  
4.33
2016  
0.01
2015  
2.83
Performance Inception Date  
—

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Cumulative Total Returns

Cumulative Total Returns 13

 As of 11/30/2025

The hypothetical growth scenario of $10,000 does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 1992-09-01 00:00:00 to 2025-11-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 9898.11 to 41722.91.
End of interactive chart.

Month End   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
2.21
1 Year  
1.21
3 Years  
10.63
5 Years  
2.56
10 Years  
15.83
15 Years  
41.72
Since Inception   09/21/1992
257.83
Month End   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
4.56
1 Year  
3.54
3 Years  
13.18
5 Years  
4.92
10 Years  
18.50
15 Years  
44.98
Since Inception   09/21/1992
266.07
Month End   As of 11/30/2025
Linked Bloomberg 1-15/10 Year Muni Bond Index (%) 5
YTD  
4.89
1 Year  
3.84
3 Years  
11.90
5 Years  
6.16
10 Years  
25.49
15 Years  
52.02
Since Inception   09/21/1992
318.27

Historical Cumulative Total Returns

Date Selected   As of 11/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
2.21
1 Year  
1.21
3 Years  
10.63
5 Years  
2.56
10 Years  
15.83
15 Years  
41.72
Since Inception   09/21/1992
257.83
Date Selected   As of 11/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
4.56
1 Year  
3.54
3 Years  
13.18
5 Years  
4.92
10 Years  
18.50
15 Years  
44.98
Since Inception   09/21/1992
266.07
Date Selected   As of 11/30/2025
Linked Bloomberg 1-15/10 Year Muni Bond Index (%) 5
YTD  
4.89
1 Year  
3.84
3 Years  
11.90
5 Years  
6.16
10 Years  
25.49
15 Years  
52.02
Since Inception   09/21/1992
318.27

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.

If the sales charge (if applicable) had been included, the return would have been lower. 


Risk Measures

Risk Measures13

 As of 11/30/2025
Measured against: Linked Bloomberg 1-15/10 Year Muni Bond Index
Statistics 1 Year 3 Years 5 Years
Historical Tracking Error 1.04 1.090.93
Information Ratio -0.81 0.42-0.26
Standard Deviation (%) 1 Year 3 Years 5 Years
Class A - Without Sales Charge (NAV) 4.29 4.725.24
Linked Bloomberg 1-15/10 Year Muni Bond Index 5 4.14 4.524.86
Sharpe Ratio (%) 1 Year 3 Years 5 Years
Class A - Without Sales Charge (NAV) 0.26 -0.12-0.42

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Portfolio

Assets

As of 11/30/2025 Updated Monthly
Total Net Assets 
$2.04 Billion

Positions

As of 11/30/2025 Updated Monthly
 FundBenchmark
Number of Holdings 57448,986

Portfolio Statistics

As of 11/30/2025 Updated Monthly
 FundBenchmark
Effective Duration 6.09 Years—
Average Weighted Maturity 11.45 Years8.15 Years

Portfolio Allocations

  • Assets
  • Geography
  • Sector
  • Credit Quality

Assets

Asset Allocation

As of 11/30/2025 % of Total Updated Monthly

Chart

Bar chart with 2 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 3.08999 to 96.91001.
End of interactive chart.
Fund
Fixed Income 96.91%
Cash & Cash Equivalents 3.09%

Geography

State / U.S. Territory Allocation

As of 11/30/2025 % of Total Updated Monthly

Chart

Bar chart with 48 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.01768 to 11.10269.
End of interactive chart.
Fund
Texas 11.10%
Illinois 7.48%
Florida 7.31%
New York 5.87%
Wisconsin 5.68%
California 5.62%
Alabama 5.53%
Colorado 4.01%
Georgia 4.01%
Arizona 3.41%
Washington 3.28%
Maryland 3.16%
South Carolina 3.03%
Louisiana 2.53%
Pennsylvania 2.39%
Kentucky 2.32%
Ohio 2.16%
Tennessee 1.73%
New Jersey 1.71%
Michigan 1.42%
Indiana 1.27%
Iowa 1.12%
Missouri 1.11%
Oregon 1.00%
Massachusetts 0.98%
Connecticut 0.89%
Virginia 0.87%
New Mexico 0.64%
South Dakota 0.63%
Arkansas 0.60%
New Hampshire 0.50%
Mississippi 0.50%
Hawaii 0.48%
District of Columbia 0.44%
Delaware 0.44%
Utah 0.40%
North Dakota 0.34%
Nebraska 0.26%
Rhode Island 0.25%
Alaska 0.09%
Idaho 0.09%
North Carolina 0.07%
Puerto Rico 0.06%
Maine 0.05%
Vermont 0.03%
Nevada 0.03%
Minnesota 0.02%
Cash & Cash Equivalents 3.09%

Sector

Sector Allocation

As of 11/30/2025 % of Total Updated Monthly

Chart

Bar chart with 13 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.29202 to 16.91009.
End of interactive chart.
Fund
Health Care 16.91%
Industrial Dev. Revenue and Pollution Control 15.90%
Housing 14.12%
Transportation 12.01%
Utilities 8.34%
Education 7.78%
Special Tax 7.15%
Local 6.74%
Lease 3.80%
State General Obligation 2.93%
Other Revenue Bonds 0.94%
Refunded 0.29%
Cash & Cash Equivalents 3.09%

Credit Quality

Credit Quality Allocation 14

 As of 11/30/2025 Updated Monthly

Chart

Bar chart with 8 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.01707 to 33.10455.
End of interactive chart.
Fund
AAA 5.94%
AA 32.49%
A 33.10%
BBB 14.38%
BB 0.02%
Refunded 0.29%
Not Rated 10.69%
Cash & Cash Equivalents 3.09%

Portfolio Holdings

Holdings

As of 10/31/2025 Updated Monthly
Security Name 
Patriots Energy Group Financing Agency MP
Weight (%) 
1.49
Market Value ($) 
30,383,260
Quantity 
27,500,000
Security Name 
Public Finance Authority
Weight (%) 
1.23
Market Value ($) 
25,052,183
Quantity 
24,350,000
Security Name 
Public Finance Authority
Weight (%) 
1.23
Market Value ($) 
25,071,958
Quantity 
23,650,000
Security Name 
Tennergy Corp/TN MP
Weight (%) 
1.19
Market Value ($) 
24,262,816
Quantity 
21,895,000
Security Name 
Texas Municipal Gas Acquisition & Supply Corp IV MP
Weight (%) 
1.04
Market Value ($) 
21,275,741
Quantity 
19,500,000
Security Name 
Florida Development Finance Corp
Weight (%) 
0.99
Market Value ($) 
20,283,294
Quantity 
20,000,000
Security Name 
Franklin Municipal Green Bond ETF ETF USD NPV TIS A/C #26176
Weight (%) 
0.97
Market Value ($) 
19,876,840
Quantity 
830,000
Security Name 
Maricopa County Industrial Development Authority
Weight (%) 
0.96
Market Value ($) 
19,608,732
Quantity 
18,555,000
Security Name 
NEW JERSEY ECONOMIC DEV AUTH REV
Weight (%) 
0.86
Market Value ($) 
17,476,090
Quantity 
16,000,000
Security Name 
City Of Los Angeles Department Of Airports
Weight (%) 
0.84
Market Value ($) 
17,144,150
Quantity 
14,960,000

Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. 

Distributions & Tax

  • Distributions
  • Tax Information

Distributions

Distribution Schedules

Dividend Frequency, if any This fund is an Accrual fund.
Monthly
Capital Gain Distributions 
June, December

Proposed 2025 distribution dates for Franklin, Templeton and Mutual Series funds (excluding ETFs).

Rates and Yields

Read important information about results and other investment disclosures
Distribution Rate & Breakpoints
As of 12/12/2025
Less than $100,000 
2.97%
$100,000 - $249,999 
3.00%
Distribution Rate
As of 12/12/2025
At Net Asset Value (NAV) 
3.04%
30-Day SEC Yield
As of 11/30/2025
w/ Waiver 
3.07%
w/o Waiver 
2.94%
Taxable Equivalent Yield
As of 11/30/2025
w/ Waiver 
5.19%
w/o Waiver 
4.97%
Taxable Equivalent Distribution Rate15  As of 12/12/2025 (Updated Daily)
5.00%

Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.

Distributions Per Share

Current Year Distributions Per Share
Distributions with future dates are estimates and those figures are not final
Record Date  
12/30/2025
Ex-Dividend Date  
12/30/2025
Reinvestment Date  
12/30/2025
Payable Date  
12/31/2025
Reinvestment Amount  
—
Long-Term Capital Gains  
$0.0000-$0.0000 Estimates
Short-Term Capital Gains  
$0.0000-$0.0000 Estimates
Income  
—
Total Distribution Per Share  
— Estimates
Record Date  
11/28/2025
Ex-Dividend Date  
11/28/2025
Reinvestment Date  
11/28/2025
Payable Date  
11/28/2025
Reinvestment Amount  
$11.43
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02888161
Total Distribution Per Share  
$0.02888161
Record Date  
10/31/2025
Ex-Dividend Date  
10/31/2025
Reinvestment Date  
10/31/2025
Payable Date  
10/31/2025
Reinvestment Amount  
$11.43
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03372218
Total Distribution Per Share  
$0.03372218
Record Date  
09/30/2025
Ex-Dividend Date  
09/30/2025
Reinvestment Date  
09/30/2025
Payable Date  
09/30/2025
Reinvestment Amount  
$11.34
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02960055
Total Distribution Per Share  
$0.02960055
Record Date  
08/29/2025
Ex-Dividend Date  
08/29/2025
Reinvestment Date  
08/29/2025
Payable Date  
08/29/2025
Reinvestment Amount  
$11.15
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03244423
Total Distribution Per Share  
$0.03244423
Record Date  
07/31/2025
Ex-Dividend Date  
07/31/2025
Reinvestment Date  
07/31/2025
Payable Date  
07/31/2025
Reinvestment Amount  
$11.09
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03029783
Total Distribution Per Share  
$0.03029783
Record Date  
06/30/2025
Ex-Dividend Date  
06/30/2025
Reinvestment Date  
06/30/2025
Payable Date  
06/30/2025
Reinvestment Amount  
$11.14
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02814495
Total Distribution Per Share  
$0.02814495
Record Date  
05/30/2025
Ex-Dividend Date  
05/30/2025
Reinvestment Date  
05/30/2025
Payable Date  
05/30/2025
Reinvestment Amount  
$11.06
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03055663
Total Distribution Per Share  
$0.03055663
Record Date  
04/30/2025
Ex-Dividend Date  
04/30/2025
Reinvestment Date  
04/30/2025
Payable Date  
04/30/2025
Reinvestment Amount  
$11.10
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0288152
Total Distribution Per Share  
$0.0288152
Record Date  
03/31/2025
Ex-Dividend Date  
03/31/2025
Reinvestment Date  
03/31/2025
Payable Date  
03/31/2025
Reinvestment Amount  
$11.18
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02753117
Total Distribution Per Share  
$0.02753117
Record Date  
02/28/2025
Ex-Dividend Date  
02/28/2025
Reinvestment Date  
02/28/2025
Payable Date  
02/28/2025
Reinvestment Amount  
$11.35
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02521049
Total Distribution Per Share  
$0.02521049
Record Date  
01/31/2025
Ex-Dividend Date  
01/31/2025
Reinvestment Date  
01/31/2025
Payable Date  
01/31/2025
Reinvestment Amount  
$11.26
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02799849
Total Distribution Per Share  
$0.02799849
Historical Distributions Per Share
Since Inception Year
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • Since Inception
Record Date  
12/31/2024
Ex-Dividend Date  
12/31/2024
Reinvestment Date  
12/31/2024
Payable Date  
12/31/2024
Reinvestment Amount  
$11.25
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02895381
Total Distribution Per Share  
$0.02895381
Record Date  
11/29/2024
Ex-Dividend Date  
11/29/2024
Reinvestment Date  
11/29/2024
Payable Date  
11/29/2024
Reinvestment Amount  
$11.39
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02795086
Total Distribution Per Share  
$0.02795086
Record Date  
10/31/2024
Ex-Dividend Date  
10/31/2024
Reinvestment Date  
10/31/2024
Payable Date  
10/31/2024
Reinvestment Amount  
$11.28
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02751132
Total Distribution Per Share  
$0.02751132
Record Date  
09/30/2024
Ex-Dividend Date  
09/30/2024
Reinvestment Date  
09/30/2024
Payable Date  
09/30/2024
Reinvestment Amount  
$11.41
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02502405
Total Distribution Per Share  
$0.02502405
Record Date  
08/30/2024
Ex-Dividend Date  
08/30/2024
Reinvestment Date  
08/30/2024
Payable Date  
08/30/2024
Reinvestment Amount  
$11.33
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02914103
Total Distribution Per Share  
$0.02914103
Record Date  
07/31/2024
Ex-Dividend Date  
07/31/2024
Reinvestment Date  
07/31/2024
Payable Date  
07/31/2024
Reinvestment Amount  
$11.27
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02674656
Total Distribution Per Share  
$0.02674656
Record Date  
06/28/2024
Ex-Dividend Date  
06/28/2024
Reinvestment Date  
06/28/2024
Payable Date  
06/28/2024
Reinvestment Amount  
$11.20
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02425033
Total Distribution Per Share  
$0.02425033
Record Date  
05/31/2024
Ex-Dividend Date  
05/31/2024
Reinvestment Date  
05/31/2024
Payable Date  
05/31/2024
Reinvestment Amount  
$11.09
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02824321
Total Distribution Per Share  
$0.02657335
Record Date  
04/30/2024
Ex-Dividend Date  
04/30/2024
Reinvestment Date  
04/30/2024
Payable Date  
04/30/2024
Reinvestment Amount  
$11.13
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02539833
Total Distribution Per Share  
$0.02539833
Record Date  
03/28/2024
Ex-Dividend Date  
03/28/2024
Reinvestment Date  
03/28/2024
Payable Date  
03/28/2024
Reinvestment Amount  
$11.26
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02603716
Total Distribution Per Share  
$0.02603716
Record Date  
02/29/2024
Ex-Dividend Date  
02/29/2024
Reinvestment Date  
02/29/2024
Payable Date  
02/29/2024
Reinvestment Amount  
$11.27
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02470234
Total Distribution Per Share  
$0.02470234
Record Date  
01/31/2024
Ex-Dividend Date  
01/31/2024
Reinvestment Date  
01/31/2024
Payable Date  
01/31/2024
Reinvestment Amount  
$11.28
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02445873
Total Distribution Per Share  
$0.02445873
Record Date  
12/29/2023
Ex-Dividend Date  
12/29/2023
Reinvestment Date  
12/29/2023
Payable Date  
12/29/2023
Reinvestment Amount  
$11.31
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02776425
Total Distribution Per Share  
$0.02776425
Record Date  
11/30/2023
Ex-Dividend Date  
11/30/2023
Reinvestment Date  
11/30/2023
Payable Date  
11/30/2023
Reinvestment Amount  
$11.08
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02522333
Total Distribution Per Share  
$0.02522333
Record Date  
10/31/2023
Ex-Dividend Date  
10/31/2023
Reinvestment Date  
10/31/2023
Payable Date  
10/31/2023
Reinvestment Amount  
$10.58
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0246253
Total Distribution Per Share  
$0.0246253
Record Date  
09/29/2023
Ex-Dividend Date  
09/29/2023
Reinvestment Date  
09/29/2023
Payable Date  
09/29/2023
Reinvestment Amount  
$10.71
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02515641
Total Distribution Per Share  
$0.02515641
Record Date  
08/31/2023
Ex-Dividend Date  
08/31/2023
Reinvestment Date  
08/31/2023
Payable Date  
08/31/2023
Reinvestment Amount  
$10.99
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02484199
Total Distribution Per Share  
$0.02484199
Record Date  
07/31/2023
Ex-Dividend Date  
07/31/2023
Reinvestment Date  
07/31/2023
Payable Date  
07/31/2023
Reinvestment Amount  
$11.11
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02322724
Total Distribution Per Share  
$0.02322724
Record Date  
06/30/2023
Ex-Dividend Date  
06/30/2023
Reinvestment Date  
06/30/2023
Payable Date  
06/30/2023
Reinvestment Amount  
$11.11
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02560698
Total Distribution Per Share  
$0.02560698
Record Date  
05/31/2023
Ex-Dividend Date  
05/31/2023
Reinvestment Date  
05/31/2023
Payable Date  
05/31/2023
Reinvestment Amount  
$11.05
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0243834
Total Distribution Per Share  
$0.0243834
Record Date  
04/28/2023
Ex-Dividend Date  
04/28/2023
Reinvestment Date  
04/28/2023
Payable Date  
04/28/2023
Reinvestment Amount  
$11.17
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02219389
Total Distribution Per Share  
$0.02219389
Record Date  
03/31/2023
Ex-Dividend Date  
03/31/2023
Reinvestment Date  
03/31/2023
Payable Date  
03/31/2023
Reinvestment Amount  
$11.19
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02541183
Total Distribution Per Share  
$0.02541183
Record Date  
02/28/2023
Ex-Dividend Date  
02/28/2023
Reinvestment Date  
02/28/2023
Payable Date  
02/28/2023
Reinvestment Amount  
$11.02
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02212959
Total Distribution Per Share  
$0.02212959
Record Date  
01/31/2023
Ex-Dividend Date  
01/31/2023
Reinvestment Date  
01/31/2023
Payable Date  
01/31/2023
Reinvestment Amount  
$11.28
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02051859
Total Distribution Per Share  
$0.02051859
Record Date  
12/30/2022
Ex-Dividend Date  
12/30/2022
Reinvestment Date  
12/30/2022
Payable Date  
12/30/2022
Reinvestment Amount  
$11.00
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02354739
Record Date  
11/30/2022
Ex-Dividend Date  
11/30/2022
Reinvestment Date  
11/30/2022
Payable Date  
11/30/2022
Reinvestment Amount  
$11.00
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02067865
Record Date  
10/31/2022
Ex-Dividend Date  
10/31/2022
Reinvestment Date  
10/31/2022
Payable Date  
10/31/2022
Reinvestment Amount  
$10.59
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01956205
Record Date  
09/30/2022
Ex-Dividend Date  
09/30/2022
Reinvestment Date  
09/30/2022
Payable Date  
09/30/2022
Reinvestment Amount  
$10.68
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02092945
Record Date  
08/31/2022
Ex-Dividend Date  
08/31/2022
Reinvestment Date  
08/31/2022
Payable Date  
08/31/2022
Reinvestment Amount  
$11.06
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01957001
Record Date  
07/29/2022
Ex-Dividend Date  
07/29/2022
Reinvestment Date  
07/29/2022
Payable Date  
07/29/2022
Reinvestment Amount  
$11.31
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01934345
Record Date  
06/30/2022
Ex-Dividend Date  
06/30/2022
Reinvestment Date  
06/30/2022
Payable Date  
06/30/2022
Reinvestment Amount  
$11.07
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01854491
Record Date  
05/31/2022
Ex-Dividend Date  
05/31/2022
Reinvestment Date  
05/31/2022
Payable Date  
05/31/2022
Reinvestment Amount  
$11.25
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01860266
Record Date  
04/29/2022
Ex-Dividend Date  
04/29/2022
Reinvestment Date  
04/29/2022
Payable Date  
04/29/2022
Reinvestment Amount  
$11.16
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01922842
Record Date  
03/31/2022
Ex-Dividend Date  
03/31/2022
Reinvestment Date  
03/31/2022
Payable Date  
03/31/2022
Reinvestment Amount  
$11.47
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02026967
Record Date  
02/28/2022
Ex-Dividend Date  
02/28/2022
Reinvestment Date  
02/28/2022
Payable Date  
02/28/2022
Reinvestment Amount  
$11.82
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01791084
Record Date  
01/31/2022
Ex-Dividend Date  
01/31/2022
Reinvestment Date  
01/31/2022
Payable Date  
01/31/2022
Reinvestment Amount  
$11.92
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01789447
Record Date  
12/31/2021
Ex-Dividend Date  
12/31/2021
Reinvestment Date  
12/31/2021
Payable Date  
12/31/2021
Reinvestment Amount  
$12.24
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02119205
Record Date  
11/30/2021
Ex-Dividend Date  
11/30/2021
Reinvestment Date  
11/30/2021
Payable Date  
11/30/2021
Reinvestment Amount  
$12.25
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01887037
Record Date  
10/29/2021
Ex-Dividend Date  
10/29/2021
Reinvestment Date  
10/29/2021
Payable Date  
10/29/2021
Reinvestment Amount  
$12.19
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01742013
Record Date  
09/30/2021
Ex-Dividend Date  
09/30/2021
Reinvestment Date  
09/30/2021
Payable Date  
09/30/2021
Reinvestment Amount  
$12.24
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01836075
Record Date  
08/31/2021
Ex-Dividend Date  
08/31/2021
Reinvestment Date  
08/31/2021
Payable Date  
08/31/2021
Reinvestment Amount  
$12.35
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01983647
Record Date  
07/30/2021
Ex-Dividend Date  
07/30/2021
Reinvestment Date  
07/30/2021
Payable Date  
07/30/2021
Reinvestment Amount  
$12.41
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01925539
Record Date  
06/30/2021
Ex-Dividend Date  
06/30/2021
Reinvestment Date  
06/30/2021
Payable Date  
06/30/2021
Reinvestment Amount  
$12.35
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02165771
Record Date  
05/28/2021
Ex-Dividend Date  
05/28/2021
Reinvestment Date  
05/28/2021
Payable Date  
05/28/2021
Reinvestment Amount  
—
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01770334
Record Date  
04/30/2021
Ex-Dividend Date  
04/30/2021
Reinvestment Date  
04/30/2021
Payable Date  
04/30/2021
Reinvestment Amount  
$12.33
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02004143
Record Date  
03/31/2021
Ex-Dividend Date  
03/31/2021
Reinvestment Date  
03/31/2021
Payable Date  
03/31/2021
Reinvestment Amount  
$12.26
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02254375
Record Date  
02/26/2021
Ex-Dividend Date  
02/26/2021
Reinvestment Date  
02/26/2021
Payable Date  
02/26/2021
Reinvestment Amount  
$12.22
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.019395
Record Date  
01/29/2021
Ex-Dividend Date  
01/29/2021
Reinvestment Date  
01/29/2021
Payable Date  
01/29/2021
Reinvestment Amount  
$12.43
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01984
Record Date  
12/31/2020
Ex-Dividend Date  
12/31/2020
Reinvestment Date  
12/31/2020
Payable Date  
12/31/2020
Reinvestment Amount  
$12.40
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.021312
Record Date  
11/30/2020
Ex-Dividend Date  
11/30/2020
Reinvestment Date  
11/30/2020
Payable Date  
11/30/2020
Reinvestment Amount  
$12.35
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.021652
Record Date  
10/30/2020
Ex-Dividend Date  
10/30/2020
Reinvestment Date  
10/30/2020
Payable Date  
10/30/2020
Reinvestment Amount  
$12.22
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.021044
Record Date  
09/30/2020
Ex-Dividend Date  
09/30/2020
Reinvestment Date  
09/30/2020
Payable Date  
09/30/2020
Reinvestment Amount  
$12.28
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.021801
Record Date  
08/31/2020
Ex-Dividend Date  
08/31/2020
Reinvestment Date  
08/31/2020
Payable Date  
08/31/2020
Reinvestment Amount  
$12.32
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02235
Record Date  
07/31/2020
Ex-Dividend Date  
07/31/2020
Reinvestment Date  
07/31/2020
Payable Date  
07/31/2020
Reinvestment Amount  
$12.38
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.021975
Record Date  
06/30/2020
Ex-Dividend Date  
06/30/2020
Reinvestment Date  
06/30/2020
Payable Date  
06/30/2020
Reinvestment Amount  
$12.25
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.022863
Record Date  
05/29/2020
Ex-Dividend Date  
05/29/2020
Reinvestment Date  
05/29/2020
Payable Date  
05/29/2020
Reinvestment Amount  
$12.22
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.020828
Record Date  
04/30/2020
Ex-Dividend Date  
04/30/2020
Reinvestment Date  
04/30/2020
Payable Date  
04/30/2020
Reinvestment Amount  
$11.91
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.021661
Record Date  
03/31/2020
Ex-Dividend Date  
03/31/2020
Reinvestment Date  
03/31/2020
Payable Date  
03/31/2020
Reinvestment Amount  
$12.04
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.022785
Record Date  
02/28/2020
Ex-Dividend Date  
02/28/2020
Reinvestment Date  
02/28/2020
Payable Date  
02/28/2020
Reinvestment Amount  
$12.39
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.019485
Record Date  
01/31/2020
Ex-Dividend Date  
01/31/2020
Reinvestment Date  
01/31/2020
Payable Date  
01/31/2020
Reinvestment Amount  
$12.30
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.021632
Record Date  
12/31/2019
Ex-Dividend Date  
12/31/2019
Reinvestment Date  
12/31/2019
Payable Date  
12/31/2019
Reinvestment Amount  
$12.15
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.022807
Record Date  
11/29/2019
Ex-Dividend Date  
11/29/2019
Reinvestment Date  
11/29/2019
Payable Date  
11/29/2019
Reinvestment Amount  
$12.15
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.021062
Record Date  
10/31/2019
Ex-Dividend Date  
10/31/2019
Reinvestment Date  
10/31/2019
Payable Date  
10/31/2019
Reinvestment Amount  
$12.15
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02253
Record Date  
09/30/2019
Ex-Dividend Date  
09/30/2019
Reinvestment Date  
09/30/2019
Payable Date  
09/30/2019
Reinvestment Amount  
$12.16
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.023443
Record Date  
08/30/2019
Ex-Dividend Date  
08/30/2019
Reinvestment Date  
08/30/2019
Payable Date  
08/30/2019
Reinvestment Amount  
$12.27
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.022201
Record Date  
07/31/2019
Ex-Dividend Date  
07/31/2019
Reinvestment Date  
07/31/2019
Payable Date  
07/31/2019
Reinvestment Amount  
$12.19
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.025379
Record Date  
06/28/2019
Ex-Dividend Date  
06/28/2019
Reinvestment Date  
06/28/2019
Payable Date  
06/28/2019
Reinvestment Amount  
$12.13
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02251
Record Date  
05/31/2019
Ex-Dividend Date  
05/31/2019
Reinvestment Date  
05/31/2019
Payable Date  
05/31/2019
Reinvestment Amount  
$12.11
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.025422
Record Date  
04/30/2019
Ex-Dividend Date  
04/30/2019
Reinvestment Date  
04/30/2019
Payable Date  
04/30/2019
Reinvestment Amount  
$12.02
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0381
Record Date  
03/29/2019
Ex-Dividend Date  
03/29/2019
Reinvestment Date  
03/29/2019
Payable Date  
03/29/2019
Reinvestment Amount  
$12.04
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0261
Record Date  
02/28/2019
Ex-Dividend Date  
02/28/2019
Reinvestment Date  
02/28/2019
Payable Date  
02/28/2019
Reinvestment Amount  
$11.98
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0261
Record Date  
01/31/2019
Ex-Dividend Date  
01/31/2019
Reinvestment Date  
01/31/2019
Payable Date  
01/31/2019
Reinvestment Amount  
$11.96
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0261
Record Date  
12/31/2018
Ex-Dividend Date  
12/31/2018
Reinvestment Date  
12/31/2018
Payable Date  
12/31/2018
Reinvestment Amount  
$11.90
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0261
Record Date  
11/30/2018
Ex-Dividend Date  
11/30/2018
Reinvestment Date  
11/30/2018
Payable Date  
11/30/2018
Reinvestment Amount  
$11.82
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0256
Record Date  
10/31/2018
Ex-Dividend Date  
10/31/2018
Reinvestment Date  
10/31/2018
Payable Date  
10/31/2018
Reinvestment Amount  
$11.75
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0256
Record Date  
09/28/2018
Ex-Dividend Date  
09/28/2018
Reinvestment Date  
09/28/2018
Payable Date  
09/28/2018
Reinvestment Amount  
$11.82
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0161

Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.

The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.

Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.

Tax Information

Tax Information

Federal ID Number 94-3170000
For information on tax years prior to 2008, please contact us
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
2024 Year
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
Record Date  
Jan 31
Ordinary Dividends  
0.002223
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.022235
Interest on Tax Reclaim Refunds  
—
Record Date  
Feb 29
Ordinary Dividends  
0.002245
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.022457
Interest on Tax Reclaim Refunds  
—
Record Date  
Mar 28
Ordinary Dividends  
0.001539
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.024498
Interest on Tax Reclaim Refunds  
—
Record Date  
Apr 30
Ordinary Dividends  
0.001501
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.023897
Interest on Tax Reclaim Refunds  
—
Record Date  
May 31
Ordinary Dividends  
0.001669
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.026574
Interest on Tax Reclaim Refunds  
—
Record Date  
Jun 28
Ordinary Dividends  
0.001433
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.022817
Interest on Tax Reclaim Refunds  
—
Record Date  
Jul 31
Ordinary Dividends  
0.001581
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.025166
Interest on Tax Reclaim Refunds  
—
Record Date  
Aug 30
Ordinary Dividends  
0.001722
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.027419
Interest on Tax Reclaim Refunds  
—
Record Date  
Sep 30
Ordinary Dividends  
0.001479
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.023545
Interest on Tax Reclaim Refunds  
—
Record Date  
Oct 31
Ordinary Dividends  
0.001626
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.025885
Interest on Tax Reclaim Refunds  
—
Record Date  
Nov 29
Ordinary Dividends  
0.001652
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.026299
Interest on Tax Reclaim Refunds  
—
Record Date  
Dec 31
Ordinary Dividends  
0.001711
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.027243
Interest on Tax Reclaim Refunds  
—
Record Date  
Ordinary Dividends  
0.020382
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.298036
Interest on Tax Reclaim Refunds  
—
Supplemental Tax Information
Foreign Source Income 
—
Foreign Source Qualified Dividends 
—
Direct U.S. Government Obligations 
—
Specified Private Activity Bond Interest 
5.62%
Dividends Received Deduction 
—
Section 163(j) 
—
Indiana Resident Taxable Income 
98.00%
Utah Resident Taxable Income 
81.00%
Tax-Exempt Income By Jurisdiction
Alabama 
6.28%
Alaska 
0.11%
Arizona 
3.26%
Arkansas 
0.62%
California 
7.57%
Colorado 
3.54%
Connecticut 
1.43%
Dist. of Columbia 
0.70%
Florida 
8.33%
Georgia 
4.89%
Hawaii 
1.30%
Illinois 
7.25%
Indiana 
1.66%
Iowa 
1.27%
Kansas 
0.22%
Kentucky 
1.36%
Louisiana 
3.52%
Maine 
0.18%
Maryland 
3.17%
Massachusetts 
1.77%
Michigan 
1.44%
Minnesota 
0.01%
Mississippi 
0.59%
Missouri 
1.70%
Nebraska 
0.35%
New Hampshire 
0.03%
New Jersey 
2.78%
New Mexico 
0.46%
New York 
5.72%
North Carolina 
0.08%
North Dakota 
0.46%
Ohio 
2.21%
Oregon 
1.97%
Pennsylvania 
2.77%
Puerto Rico 
0.03%
Rhode Island 
0.07%
South Carolina 
3.64%
South Dakota 
0.05%
Tennessee 
2.76%
Texas 
6.09%
Utah 
0.12%
Virginia 
1.33%
Washington 
3.42%
Wisconsin 
3.49%

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Pricing

Pricing History Chart

As of 12/12/2025 Updated Daily
Since Inception Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception

Chart

Line chart with 1894 data points.
The chart has 1 X axis displaying Time. Data ranges from 2018-09-10 00:00:01 to 2025-12-12 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from 10.57 to 12.47.
End of interactive chart.

Daily Fund Prices and Breakpoints

As of 12/12/2025

Share Prices

As of 12/12/2025
NAV1 (Net Asset Value)
$11.39
NAV Change1 
$-0.01
NAV Change (%)1 
-0.09%
POP2 (Public Offering Price)
$11.65

52-Week Range

Highest NAV  As on 10/29/2025
$11.45
Lowest NAV  As on 04/09/2025
$10.86
POP and Sales Charge at Breakpoints

Investment

Sales Charge

POP

Less than $100,000 2.25%$11.65
$100,000 - $249,999 1.50%$11.56
POP and Sales Charge at Breakpoints
Investment  
Less than $100,000
Sales Charge  
2.25%
POP  
$11.65
Investment  
$100,000 - $249,999
Sales Charge  
1.50%
POP  
$11.56
Historical Data - Daily Fund Prices
1 Month Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception
NAV  As of 12/12/2025
$11.39 (USD)
POP  As of 12/12/2025
$11.65 (USD)
Highest NAV  As of 11/28/2025
$11.43 (USD)
Lowest NAV  As of 12/12/2025
$11.39 (USD)

Historical Pricing Results   From   11/12/2025   To   12/12/2025

Date 
12/12/2025
NAV  
$11.39
POP  
$11.65
NAV Change  
$-0.01
NAV Change (%)  
-0.09%
Date 
12/11/2025
NAV  
$11.40
POP  
$11.66
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
12/10/2025
NAV  
$11.39
POP  
$11.65
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/09/2025
NAV  
$11.39
POP  
$11.65
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/08/2025
NAV  
$11.39
POP  
$11.65
NAV Change  
$-0.01
NAV Change (%)  
—
Date 
12/05/2025
NAV  
$11.40
POP  
$11.66
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/04/2025
NAV  
$11.40
POP  
$11.66
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/03/2025
NAV  
$11.40
POP  
$11.66
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
12/02/2025
NAV  
$11.40
POP  
$11.66
NAV Change  
$-0.01
NAV Change (%)  
-0.09%
Date 
12/01/2025
NAV  
$11.41
POP  
$11.67
NAV Change  
$-0.02
NAV Change (%)  
-0.17%
Date 
11/28/2025
NAV  
$11.43
POP  
$11.69
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/27/2025
NAV  
$11.43
POP  
$11.69
NAV Change  
$0.01
NAV Change (%)  
0.00%
Date 
11/26/2025
NAV  
$11.43
POP  
$11.69
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
11/25/2025
NAV  
$11.42
POP  
$11.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/24/2025
NAV  
$11.42
POP  
$11.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/21/2025
NAV  
$11.42
POP  
$11.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/20/2025
NAV  
$11.42
POP  
$11.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/19/2025
NAV  
$11.42
POP  
$11.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/18/2025
NAV  
$11.42
POP  
$11.68
NAV Change  
$0.00
NAV Change (%)  
—
Date 
11/17/2025
NAV  
$11.42
POP  
$11.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/14/2025
NAV  
$11.42
POP  
$11.68
NAV Change  
$-0.01
NAV Change (%)  
-0.09%
Date 
11/13/2025
NAV  
$11.43
POP  
$11.69
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
11/12/2025
NAV  
$11.43
POP  
$11.69
NAV Change  
$-0.01
NAV Change (%)  
-0.09%

Documents

Product Literature

PDF Format

Factsheet - Franklin Federal Intermediate-Term Tax-Free Income Fund

Regulatory Documents

PDF Format

Semi-Annual Report - Franklin Federal Intermediate-Term Tax-Free Income Fund - Class A

PDF Format

Annual Report - Franklin Federal Intermediate-Term Tax-Free Income Fund - Class A

PDF Format

Prospectus - Franklin Tax-Free Trust #1

PDF Format

Summary Prospectus - Franklin Federal Intermediate-Term Tax Free Income Fund

PDF Format

Statement of Additional Information - Franklin Tax-Free Trust #1

Mailed hardcopies unavailable.

PDF Format

Fiscal Q1 Holdings - Franklin Tax-Free Trust

Mailed hardcopies unavailable.

PDF Format

Fiscal Q3 Holdings - Franklin Tax-Free Trust

Mailed hardcopies unavailable.

 

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Risks

What Are the Risks?

All investments involve risks, including possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Changes in the credit rating of a bond, or in the credit rating or financial strength of a bond’s issuer, insurer or guarantor, may affect the bond’s value. An investor may be subject to the federal Alternative Minimum Tax, and state and local taxes may apply. These and other risks are discussed in the fund’s prospectus.

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