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FFQAX

Franklin Federal Tax-Free Income Fund

Factsheet
View All
As of 02/13/2026

NAV 1

$10.88

$0.01 (0.09%)
 

POP 2

$11.30

 
 

YTD Total Return At NAV 3

1.48%

 
As of 01/31/2026

Morningstar Overall Rating™ 4

View ratings details
Muni National Long

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.

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

Build your own Municipal Bond Ladder. Discover the power of our user-friendly Municipal Bond Ladders tool. Estimate potential muni bond income and receive a free client report in just 3 easy steps. Try it now!

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 taxes1
  • 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 
10/07/1983
Benchmark 
Bloomberg Municipal Bond Index
Investment Style 
Municipals
Morningstar Category5 
Muni National Long
Lipper Classification 
General & Insured Municipal Debt Funds
Total Net Assets  As of 01/31/2026 (Updated Monthly)
$7.85 Billion
Dividends & Yields
Dividend Frequency, if any 
Monthly
Distribution Rate at NAV6  As of 02/13/2026 (Updated Daily)
3.68%
30-Day SEC Yield—With Waiver7, 8, 9  As of 01/31/2026 (Updated Monthly)
3.39%
30-Day SEC Yield—Without Waiver8, 9  As of 01/31/2026 (Updated Monthly)
3.39%
Sales Charges, Expenses & Fees
As of 09/01/2025
Gross Expense Ratio10 
0.77%
Net Expense Ratio10, 11 
0.77%
Maximum Initial Charge 
3.75%
CDSC12 
1.00%
12b-1 Fee 
0.25%
Identifiers
Ticker 
FFQAX
Fund Number 
1116
CUSIP Code 
353519804

Portfolio Managers

Benjamin C. Barber, CFA®

California, United States

Managed Fund Since 2020

James Conn, CFA®

California, United States

Managed Fund Since 2020

Garrett L Hamilton, CFA®

Massachusetts, United States

Managed Fund Since 2024

Francisco Rivera

California, United States

Managed Fund Since 1996

Daniel Workman, CFA®

California, United States

Managed Fund Since 2018

Performance

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

Average Annual Total Returns

Average Annual Total Returns 13, 14, 15

 As of 01/31/2026

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 -0.29 to 5.88.
End of interactive chart.

Month End   As of 01/31/2026
Class A - With Sales Charge (POP) (%)
1 Year  
-0.19
3 Years  
2.07
5 Years  
-0.29
10 Years  
1.51
Since Inception   10/07/1983
5.47
Month End   As of 01/31/2026
Class A - Without Sales Charge (NAV) (%)
1 Year  
3.70
3 Years  
3.38
5 Years  
0.48
10 Years  
1.90
Since Inception   10/07/1983
5.57
Month End   As of 01/31/2026
Bloomberg Municipal Bond Index (%)
1 Year  
4.70
3 Years  
3.22
5 Years  
0.86
10 Years  
2.32
Since Inception   10/07/1983
5.88

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, 14, 15

 As of 01/31/2026

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 -15.13 to 7.54.
End of interactive chart.

Month End   As of 01/31/2026
Class A - With Sales Charge (POP) (%)
YTD  
-3.18
2025  
-0.57
2024  
-0.90
2023  
2.87
2022  
-15.13
2021  
-1.50
2020  
1.52
2019  
2.69
2018  
-3.71
2017  
—
2016  
—
Performance Inception Date  
10/07/1983
Month End   As of 01/31/2026
Class A - Without Sales Charge (NAV) (%)
YTD  
0.59
2025  
3.31
2024  
2.96
2023  
6.88
2022  
-11.82
2021  
2.33
2020  
5.48
2019  
6.69
2018  
0.56
2017  
3.60
2016  
0.69
Performance Inception Date  
10/07/1983
Month End   As of 01/31/2026
Bloomberg Municipal Bond Index (%)
YTD  
0.94
2025  
4.25
2024  
1.05
2023  
6.40
2022  
-8.53
2021  
1.52
2020  
5.21
2019  
7.54
2018  
1.28
2017  
5.45
2016  
0.25
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, 14, 15

 As of 01/31/2026

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 1983-10-01 00:00:00 to 2026-01-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 9735.89 to 113625.34.
End of interactive chart.

Month End   As of 01/31/2026
Class A - With Sales Charge (POP) (%)
YTD  
-3.18
1 Year  
-0.19
3 Years  
6.35
5 Years  
-1.43
10 Years  
16.15
15 Years  
57.30
Since Inception   10/07/1983
852.74
Month End   As of 01/31/2026
Class A - Without Sales Charge (NAV) (%)
YTD  
0.59
1 Year  
3.70
3 Years  
10.49
5 Years  
2.41
10 Years  
20.68
15 Years  
63.42
Since Inception   10/07/1983
889.86
Month End   As of 01/31/2026
Bloomberg Municipal Bond Index (%)
YTD  
0.94
1 Year  
4.70
3 Years  
9.98
5 Years  
4.40
10 Years  
25.77
15 Years  
66.37
Since Inception   10/07/1983
1,024.31

Historical Cumulative Total Returns

Date Selected   As of 01/31/2026
Class A - With Sales Charge (POP) (%)
YTD  
-3.18
1 Year  
-0.19
3 Years  
6.35
5 Years  
-1.43
10 Years  
16.15
15 Years  
57.30
Since Inception   10/07/1983
852.74
Date Selected   As of 01/31/2026
Class A - Without Sales Charge (NAV) (%)
YTD  
0.59
1 Year  
3.70
3 Years  
10.49
5 Years  
2.41
10 Years  
20.68
15 Years  
63.42
Since Inception   10/07/1983
889.86
Date Selected   As of 01/31/2026
Bloomberg Municipal Bond Index (%)
YTD  
0.94
1 Year  
4.70
3 Years  
9.98
5 Years  
4.40
10 Years  
25.77
15 Years  
66.37
Since Inception   10/07/1983
1,024.31

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 Measures14, 15

 As of 01/31/2026
Measured against: Bloomberg Municipal Bond Index
Statistics 1 Year 3 Years 5 Years
Beta 1.24 1.101.14
Historical Tracking Error 1.31 1.381.45
Information Ratio -0.76 0.12-0.27
Standard Deviation (%) 1 Year 3 Years 5 Years
Class A - Without Sales Charge (NAV) 4.38 6.297.10
Bloomberg Municipal Bond Index 3.42 5.606.17
Sharpe Ratio (%) 1 Year 3 Years 5 Years
Class A - Without Sales Charge (NAV) -0.08 -0.22-0.39

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 01/31/2026 Updated Monthly
Total Net Assets 
$7.85 Billion

Positions

As of 01/31/2026 Updated Monthly
 FundBenchmark
Number of Holdings 98664,313

Portfolio Statistics

As of 01/31/2026 Updated Monthly
 FundBenchmark
Average Weighted Maturity 19.19 Years13.49 Years
Effective Duration 8.39 Years—

Portfolio Allocations

  • Assets
  • Geography
  • Sector
  • Credit Quality

Assets

Asset Allocation

As of 01/31/2026 % 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 0.35872 to 99.64127.
End of interactive chart.
Fund
Fixed Income 99.64%
Cash & Cash Equivalents 0.36%

Geography

State / U.S. Territory Allocation

As of 01/31/2026 % of Total Updated Monthly

Chart

Bar chart with 50 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.03365 to 10.82668.
End of interactive chart.
Fund
Texas 10.83%
California 8.86%
Florida 8.33%
New York 7.87%
Wisconsin 6.55%
Illinois 5.73%
Tennessee 3.84%
Alabama 3.74%
Georgia 3.57%
Louisiana 3.34%
New Jersey 3.09%
Colorado 2.71%
Washington 2.58%
District of Columbia 2.16%
Arizona 2.03%
Indiana 1.83%
Maryland 1.79%
Ohio 1.63%
Massachusetts 1.61%
Kentucky 1.56%
Hawaii 1.46%
Utah 1.46%
Pennsylvania 1.44%
South Carolina 1.12%
Mississippi 1.07%
Michigan 0.84%
Oregon 0.82%
Missouri 0.75%
New Hampshire 0.67%
North Carolina 0.64%
West Virginia 0.63%
North Dakota 0.59%
Virginia 0.57%
Iowa 0.56%
Puerto Rico 0.52%
Nebraska 0.51%
South Dakota 0.46%
New Mexico 0.45%
Kansas 0.28%
Connecticut 0.23%
Idaho 0.20%
Oklahoma 0.13%
Arkansas 0.11%
Rhode Island 0.10%
Delaware 0.09%
Alaska 0.09%
Montana 0.08%
Nevada 0.07%
Maine 0.03%
Cash & Cash Equivalents 0.36%

Sector

Sector Allocation

As of 01/31/2026 % 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 0.26032 to 18.52472.
End of interactive chart.
Fund
Transportation 18.52%
Health Care 15.92%
Housing 14.75%
Industrial Dev. Revenue and Pollution Control 11.52%
Local 7.80%
Utilities 7.31%
Special Tax 7.14%
Education 6.70%
Lease 5.61%
State General Obligation 2.47%
Refunded 1.63%
Other Revenue Bonds 0.26%
Cash & Cash Equivalents 0.36%

Credit Quality

Credit Quality Allocation 16

 As of 01/31/2026 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 0.35872 to 31.79715.
End of interactive chart.
Fund
AAA 7.05%
AA 31.80%
A 27.29%
BBB 15.75%
BB 1.36%
Refunded 1.63%
Not Rated 14.76%
Cash & Cash Equivalents 0.36%

Portfolio Holdings

Holdings

As of 12/31/2025 Updated Monthly
Security Name 
Public Finance Authority
Weight (%) 
1.12
Market Value ($) 
88,039,948
Quantity 
184,234,136
Security Name 
Public Finance Authority
Weight (%) 
1.00
Market Value ($) 
78,463,412
Quantity 
122,250,000
Security Name 
New York State Dormitory Authority
Weight (%) 
0.80
Market Value ($) 
62,729,941
Quantity 
60,365,000
Security Name 
Tennergy Corp/TN MP
Weight (%) 
0.76
Market Value ($) 
59,285,466
Quantity 
55,000,000
Security Name 
San Mateo Foster City School District/CA
Weight (%) 
0.72
Market Value ($) 
56,107,870
Quantity 
50,000,000
Security Name 
Louisiana Public Facilities Authority
Weight (%) 
0.67
Market Value ($) 
52,202,190
Quantity 
50,725,000
Security Name 
Capital Trust Authority
Weight (%) 
0.60
Market Value ($) 
47,106,243
Quantity 
55,485,000
Security Name 
New York Liberty Development Corp
Weight (%) 
0.60
Market Value ($) 
47,342,362
Quantity 
40,000,000
Security Name 
Metropolitan Transportation Authority
Weight (%) 
0.60
Market Value ($) 
47,360,928
Quantity 
46,270,000
Security Name 
California Community Choice Financing Authority MP
Weight (%) 
0.59
Market Value ($) 
46,555,220
Quantity 
43,250,000

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 
December

Proposed 2026 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 02/13/2026
Less than $100,000 
3.55%
$100,000 - $249,999 
3.56%
Distribution Rate
As of 02/13/2026
At Net Asset Value (NAV) 
3.68%
30-Day SEC Yield
As of 01/31/2026
w/ Waiver 
3.39%
w/o Waiver 
3.39%
Taxable Equivalent Yield
As of 01/31/2026
w/ Waiver 
5.73%
w/o Waiver 
5.73%
Taxable Equivalent Distribution Rate17  As of 02/13/2026 (Updated Daily)
6.03%

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  
01/30/2026
Ex-Dividend Date  
01/30/2026
Reinvestment Date  
01/30/2026
Payable Date  
01/30/2026
Reinvestment Amount  
$10.80
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03340605
Total Distribution Per Share  
$0.03340605
Historical Distributions Per Share
Since Inception Year
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • Since Inception
Record Date  
12/31/2025
Ex-Dividend Date  
12/31/2025
Reinvestment Date  
12/31/2025
Payable Date  
12/31/2025
Reinvestment Amount  
$10.77
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03436779
Total Distribution Per Share  
$0.03436779
Record Date  
11/28/2025
Ex-Dividend Date  
11/28/2025
Reinvestment Date  
11/28/2025
Payable Date  
11/28/2025
Reinvestment Amount  
$10.80
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02978756
Total Distribution Per Share  
$0.02978756
Record Date  
10/31/2025
Ex-Dividend Date  
10/31/2025
Reinvestment Date  
10/31/2025
Payable Date  
10/31/2025
Reinvestment Amount  
$10.81
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03511913
Total Distribution Per Share  
$0.03511913
Record Date  
09/30/2025
Ex-Dividend Date  
09/30/2025
Reinvestment Date  
09/30/2025
Payable Date  
09/30/2025
Reinvestment Amount  
$10.69
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03076889
Total Distribution Per Share  
$0.03076889
Record Date  
08/29/2025
Ex-Dividend Date  
08/29/2025
Reinvestment Date  
08/29/2025
Payable Date  
08/29/2025
Reinvestment Amount  
$10.40
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03406857
Total Distribution Per Share  
$0.03406857
Record Date  
07/31/2025
Ex-Dividend Date  
07/31/2025
Reinvestment Date  
07/31/2025
Payable Date  
07/31/2025
Reinvestment Amount  
$10.35
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03282641
Total Distribution Per Share  
$0.03282641
Record Date  
06/30/2025
Ex-Dividend Date  
06/30/2025
Reinvestment Date  
06/30/2025
Payable Date  
06/30/2025
Reinvestment Amount  
$10.47
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03055299
Total Distribution Per Share  
$0.03055299
Record Date  
05/30/2025
Ex-Dividend Date  
05/30/2025
Reinvestment Date  
05/30/2025
Payable Date  
05/30/2025
Reinvestment Amount  
$10.42
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03404694
Total Distribution Per Share  
$0.03404694
Record Date  
04/30/2025
Ex-Dividend Date  
04/30/2025
Reinvestment Date  
04/30/2025
Payable Date  
04/30/2025
Reinvestment Amount  
$10.52
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03206797
Total Distribution Per Share  
$0.03206797
Record Date  
03/31/2025
Ex-Dividend Date  
03/31/2025
Reinvestment Date  
03/31/2025
Payable Date  
03/31/2025
Reinvestment Amount  
$10.64
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03049466
Total Distribution Per Share  
$0.03049466
Record Date  
02/28/2025
Ex-Dividend Date  
02/28/2025
Reinvestment Date  
02/28/2025
Payable Date  
02/28/2025
Reinvestment Amount  
$10.89
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02900165
Total Distribution Per Share  
$0.02900165
Record Date  
01/31/2025
Ex-Dividend Date  
01/31/2025
Reinvestment Date  
01/31/2025
Payable Date  
01/31/2025
Reinvestment Amount  
$10.80
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03238687
Total Distribution Per Share  
$0.03238687
Record Date  
—
Ex-Dividend Date  
Reinvestment Date  
—
Payable Date  
—
Reinvestment Amount  
$10.83
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.00106695
Total Distribution Per Share  
$0.00106695
Record Date  
12/31/2024
Ex-Dividend Date  
12/31/2024
Reinvestment Date  
12/31/2024
Payable Date  
12/31/2024
Reinvestment Amount  
$10.81
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03215968
Total Distribution Per Share  
$0.03215968
Record Date  
11/29/2024
Ex-Dividend Date  
11/29/2024
Reinvestment Date  
11/29/2024
Payable Date  
11/29/2024
Reinvestment Amount  
$11.01
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03197714
Total Distribution Per Share  
$0.03197714
Record Date  
10/31/2024
Ex-Dividend Date  
10/31/2024
Reinvestment Date  
10/31/2024
Payable Date  
10/31/2024
Reinvestment Amount  
$10.86
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03243092
Total Distribution Per Share  
$0.03243092
Record Date  
09/30/2024
Ex-Dividend Date  
09/30/2024
Reinvestment Date  
09/30/2024
Payable Date  
09/30/2024
Reinvestment Amount  
$11.02
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02900808
Total Distribution Per Share  
$0.02900808
Record Date  
08/30/2024
Ex-Dividend Date  
08/30/2024
Reinvestment Date  
08/30/2024
Payable Date  
08/30/2024
Reinvestment Amount  
$10.92
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03406297
Total Distribution Per Share  
$0.03406297
Record Date  
07/31/2024
Ex-Dividend Date  
07/31/2024
Reinvestment Date  
07/31/2024
Payable Date  
07/31/2024
Reinvestment Amount  
$10.89
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03218655
Total Distribution Per Share  
$0.03218655
Record Date  
06/28/2024
Ex-Dividend Date  
06/28/2024
Reinvestment Date  
06/28/2024
Payable Date  
06/28/2024
Reinvestment Amount  
$10.82
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0288137
Total Distribution Per Share  
$0.0288137
Record Date  
05/31/2024
Ex-Dividend Date  
05/31/2024
Reinvestment Date  
05/31/2024
Payable Date  
05/31/2024
Reinvestment Amount  
$10.66
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03418032
Total Distribution Per Share  
$0.03210754
Record Date  
04/30/2024
Ex-Dividend Date  
04/30/2024
Reinvestment Date  
04/30/2024
Payable Date  
04/30/2024
Reinvestment Amount  
$10.66
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03028846
Total Distribution Per Share  
$0.03028846
Record Date  
03/28/2024
Ex-Dividend Date  
03/28/2024
Reinvestment Date  
03/28/2024
Payable Date  
03/28/2024
Reinvestment Amount  
$10.83
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03193261
Total Distribution Per Share  
$0.03193261
Record Date  
02/29/2024
Ex-Dividend Date  
02/29/2024
Reinvestment Date  
02/29/2024
Payable Date  
02/29/2024
Reinvestment Amount  
$10.84
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02965574
Total Distribution Per Share  
$0.02965574
Record Date  
01/31/2024
Ex-Dividend Date  
01/31/2024
Reinvestment Date  
01/31/2024
Payable Date  
01/31/2024
Reinvestment Amount  
$10.85
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03062283
Total Distribution Per Share  
$0.03062283
Record Date  
12/29/2023
Ex-Dividend Date  
12/29/2023
Reinvestment Date  
12/29/2023
Payable Date  
12/29/2023
Reinvestment Amount  
$10.87
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03255488
Total Distribution Per Share  
$0.03255488
Record Date  
11/30/2023
Ex-Dividend Date  
11/30/2023
Reinvestment Date  
11/30/2023
Payable Date  
11/30/2023
Reinvestment Amount  
$10.60
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03041457
Total Distribution Per Share  
$0.03041457
Record Date  
10/31/2023
Ex-Dividend Date  
10/31/2023
Reinvestment Date  
10/31/2023
Payable Date  
10/31/2023
Reinvestment Amount  
$9.91
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02949967
Total Distribution Per Share  
$0.02949967
Record Date  
09/29/2023
Ex-Dividend Date  
09/29/2023
Reinvestment Date  
09/29/2023
Payable Date  
09/29/2023
Reinvestment Amount  
$10.14
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0299674
Total Distribution Per Share  
$0.0299674
Record Date  
08/31/2023
Ex-Dividend Date  
08/31/2023
Reinvestment Date  
08/31/2023
Payable Date  
08/31/2023
Reinvestment Amount  
$10.50
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02965463
Total Distribution Per Share  
$0.02965463
Record Date  
07/31/2023
Ex-Dividend Date  
07/31/2023
Reinvestment Date  
07/31/2023
Payable Date  
07/31/2023
Reinvestment Amount  
$10.68
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02835847
Total Distribution Per Share  
$0.02835847
Record Date  
06/30/2023
Ex-Dividend Date  
06/30/2023
Reinvestment Date  
06/30/2023
Payable Date  
06/30/2023
Reinvestment Amount  
$10.68
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0314402
Total Distribution Per Share  
$0.0314402
Record Date  
05/31/2023
Ex-Dividend Date  
05/31/2023
Reinvestment Date  
05/31/2023
Payable Date  
05/31/2023
Reinvestment Amount  
$10.63
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.03081835
Total Distribution Per Share  
$0.03081835
Record Date  
04/28/2023
Ex-Dividend Date  
04/28/2023
Reinvestment Date  
04/28/2023
Payable Date  
04/28/2023
Reinvestment Amount  
$10.72
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02539459
Total Distribution Per Share  
$0.02539459
Record Date  
03/31/2023
Ex-Dividend Date  
03/31/2023
Reinvestment Date  
03/31/2023
Payable Date  
03/31/2023
Reinvestment Amount  
$10.74
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0325231
Total Distribution Per Share  
$0.0325231
Record Date  
02/28/2023
Ex-Dividend Date  
02/28/2023
Reinvestment Date  
02/28/2023
Payable Date  
02/28/2023
Reinvestment Amount  
$10.57
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02743625
Total Distribution Per Share  
$0.02743625
Record Date  
01/31/2023
Ex-Dividend Date  
01/31/2023
Reinvestment Date  
01/31/2023
Payable Date  
01/31/2023
Reinvestment Amount  
$10.86
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0279761
Total Distribution Per Share  
$0.0279761
Record Date  
12/30/2022
Ex-Dividend Date  
12/30/2022
Reinvestment Date  
12/30/2022
Payable Date  
12/30/2022
Reinvestment Amount  
$10.52
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03143961
Record Date  
11/30/2022
Ex-Dividend Date  
11/30/2022
Reinvestment Date  
11/30/2022
Payable Date  
11/30/2022
Reinvestment Amount  
$10.57
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02777227
Record Date  
10/31/2022
Ex-Dividend Date  
10/31/2022
Reinvestment Date  
10/31/2022
Payable Date  
10/31/2022
Reinvestment Amount  
$10.04
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02702859
Record Date  
09/30/2022
Ex-Dividend Date  
09/30/2022
Reinvestment Date  
09/30/2022
Payable Date  
09/30/2022
Reinvestment Amount  
$10.23
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02877664
Record Date  
08/31/2022
Ex-Dividend Date  
08/31/2022
Reinvestment Date  
08/31/2022
Payable Date  
08/31/2022
Reinvestment Amount  
$10.74
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02740678
Record Date  
07/29/2022
Ex-Dividend Date  
07/29/2022
Reinvestment Date  
07/29/2022
Payable Date  
07/29/2022
Reinvestment Amount  
$11.05
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02745071
Record Date  
06/30/2022
Ex-Dividend Date  
06/30/2022
Reinvestment Date  
06/30/2022
Payable Date  
06/30/2022
Reinvestment Amount  
$10.76
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02642482
Record Date  
05/31/2022
Ex-Dividend Date  
05/31/2022
Reinvestment Date  
05/31/2022
Payable Date  
05/31/2022
Reinvestment Amount  
$11.07
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02640543
Record Date  
04/29/2022
Ex-Dividend Date  
04/29/2022
Reinvestment Date  
04/29/2022
Payable Date  
04/29/2022
Reinvestment Amount  
$10.97
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02636736
Record Date  
03/31/2022
Ex-Dividend Date  
03/31/2022
Reinvestment Date  
03/31/2022
Payable Date  
03/31/2022
Reinvestment Amount  
$11.38
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02645205
Record Date  
02/28/2022
Ex-Dividend Date  
02/28/2022
Reinvestment Date  
02/28/2022
Payable Date  
02/28/2022
Reinvestment Amount  
$11.81
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02316579
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  
$0.02489181
Record Date  
12/31/2021
Ex-Dividend Date  
12/31/2021
Reinvestment Date  
12/31/2021
Payable Date  
12/31/2021
Reinvestment Amount  
$12.29
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02849931
Record Date  
11/30/2021
Ex-Dividend Date  
11/30/2021
Reinvestment Date  
11/30/2021
Payable Date  
11/30/2021
Reinvestment Amount  
$12.30
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02511912
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  
$0.02356166
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  
$0.02367211
Record Date  
08/31/2021
Ex-Dividend Date  
08/31/2021
Reinvestment Date  
08/31/2021
Payable Date  
08/31/2021
Reinvestment Amount  
$12.38
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02589827
Record Date  
07/30/2021
Ex-Dividend Date  
07/30/2021
Reinvestment Date  
07/30/2021
Payable Date  
07/30/2021
Reinvestment Amount  
$12.47
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02500434
Record Date  
06/30/2021
Ex-Dividend Date  
06/30/2021
Reinvestment Date  
06/30/2021
Payable Date  
06/30/2021
Reinvestment Amount  
$12.39
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02764883
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  
$0.02294076
Record Date  
04/30/2021
Ex-Dividend Date  
04/30/2021
Reinvestment Date  
04/30/2021
Payable Date  
04/30/2021
Reinvestment Amount  
$12.31
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02553871
Record Date  
03/31/2021
Ex-Dividend Date  
03/31/2021
Reinvestment Date  
03/31/2021
Payable Date  
03/31/2021
Reinvestment Amount  
$12.18
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02848717
Record Date  
02/26/2021
Ex-Dividend Date  
02/26/2021
Reinvestment Date  
02/26/2021
Payable Date  
02/26/2021
Reinvestment Amount  
$12.11
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.023784
Record Date  
01/29/2021
Ex-Dividend Date  
01/29/2021
Reinvestment Date  
01/29/2021
Payable Date  
01/29/2021
Reinvestment Amount  
$12.38
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.025645
Record Date  
12/31/2020
Ex-Dividend Date  
12/31/2020
Reinvestment Date  
12/31/2020
Payable Date  
12/31/2020
Reinvestment Amount  
$12.31
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.027235
Record Date  
11/30/2020
Ex-Dividend Date  
11/30/2020
Reinvestment Date  
11/30/2020
Payable Date  
11/30/2020
Reinvestment Amount  
$12.22
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.027321
Record Date  
10/30/2020
Ex-Dividend Date  
10/30/2020
Reinvestment Date  
10/30/2020
Payable Date  
10/30/2020
Reinvestment Amount  
$12.01
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.026972
Record Date  
09/30/2020
Ex-Dividend Date  
09/30/2020
Reinvestment Date  
09/30/2020
Payable Date  
09/30/2020
Reinvestment Amount  
$12.07
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.027889
Record Date  
08/31/2020
Ex-Dividend Date  
08/31/2020
Reinvestment Date  
08/31/2020
Payable Date  
08/31/2020
Reinvestment Amount  
$12.12
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.029046
Record Date  
07/31/2020
Ex-Dividend Date  
07/31/2020
Reinvestment Date  
07/31/2020
Payable Date  
07/31/2020
Reinvestment Amount  
$12.21
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.028098
Record Date  
06/30/2020
Ex-Dividend Date  
06/30/2020
Reinvestment Date  
06/30/2020
Payable Date  
06/30/2020
Reinvestment Amount  
$12.03
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.029247
Record Date  
05/29/2020
Ex-Dividend Date  
05/29/2020
Reinvestment Date  
05/29/2020
Payable Date  
05/29/2020
Reinvestment Amount  
$11.94
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.027186
Record Date  
04/30/2020
Ex-Dividend Date  
04/30/2020
Reinvestment Date  
04/30/2020
Payable Date  
04/30/2020
Reinvestment Amount  
$11.60
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.028238
Record Date  
03/31/2020
Ex-Dividend Date  
03/31/2020
Reinvestment Date  
03/31/2020
Payable Date  
03/31/2020
Reinvestment Amount  
$11.86
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.03025
Record Date  
02/28/2020
Ex-Dividend Date  
02/28/2020
Reinvestment Date  
02/28/2020
Payable Date  
02/28/2020
Reinvestment Amount  
$12.35
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.025779
Record Date  
01/31/2020
Ex-Dividend Date  
01/31/2020
Reinvestment Date  
01/31/2020
Payable Date  
01/31/2020
Reinvestment Amount  
$12.19
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.028837
Record Date  
12/31/2019
Ex-Dividend Date  
12/31/2019
Reinvestment Date  
12/31/2019
Payable Date  
12/31/2019
Reinvestment Amount  
$12.00
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.030259
Record Date  
11/29/2019
Ex-Dividend Date  
11/29/2019
Reinvestment Date  
11/29/2019
Payable Date  
11/29/2019
Reinvestment Amount  
$12.00
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.02737
Record Date  
10/31/2019
Ex-Dividend Date  
10/31/2019
Reinvestment Date  
10/31/2019
Payable Date  
10/31/2019
Reinvestment Amount  
$12.01
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.030032
Record Date  
09/30/2019
Ex-Dividend Date  
09/30/2019
Reinvestment Date  
09/30/2019
Payable Date  
09/30/2019
Reinvestment Amount  
$12.05
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.030236
Record Date  
08/30/2019
Ex-Dividend Date  
08/30/2019
Reinvestment Date  
08/30/2019
Payable Date  
08/30/2019
Reinvestment Amount  
$12.16
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.029056
Record Date  
07/31/2019
Ex-Dividend Date  
07/31/2019
Reinvestment Date  
07/31/2019
Payable Date  
07/31/2019
Reinvestment Amount  
$11.98
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.032832
Record Date  
06/28/2019
Ex-Dividend Date  
06/28/2019
Reinvestment Date  
06/28/2019
Payable Date  
06/28/2019
Reinvestment Amount  
$11.94
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.028534
Record Date  
05/31/2019
Ex-Dividend Date  
05/31/2019
Reinvestment Date  
05/31/2019
Payable Date  
05/31/2019
Reinvestment Amount  
$11.94
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.032386
Record Date  
04/25/2019
Ex-Dividend Date  
04/26/2019
Reinvestment Date  
04/26/2019
Payable Date  
04/30/2019
Reinvestment Amount  
$11.81
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0065
Total Distribution Per Share  
$0.0065
Record Date  
03/29/2019
Ex-Dividend Date  
04/01/2019
Reinvestment Date  
04/01/2019
Payable Date  
04/03/2019
Reinvestment Amount  
$11.76
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.032
Total Distribution Per Share  
$0.032
Record Date  
02/28/2019
Ex-Dividend Date  
03/01/2019
Reinvestment Date  
03/01/2019
Payable Date  
03/05/2019
Reinvestment Amount  
$11.61
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.032
Total Distribution Per Share  
$0.032
Record Date  
01/31/2019
Ex-Dividend Date  
02/01/2019
Reinvestment Date  
02/01/2019
Payable Date  
02/05/2019
Reinvestment Amount  
$11.60
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.033
Total Distribution Per Share  
$0.033
Record Date  
01/02/2019
Ex-Dividend Date  
01/03/2019
Reinvestment Date  
01/03/2019
Payable Date  
01/07/2019
Reinvestment Amount  
$11.62
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.034
Total Distribution Per Share  
$0.034
Record Date  
11/30/2018
Ex-Dividend Date  
12/03/2018
Reinvestment Date  
12/03/2018
Payable Date  
12/05/2018
Reinvestment Amount  
$11.50
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.035
Total Distribution Per Share  
$0.035
Record Date  
10/31/2018
Ex-Dividend Date  
11/01/2018
Reinvestment Date  
11/01/2018
Payable Date  
11/05/2018
Reinvestment Amount  
$11.43
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.035
Total Distribution Per Share  
$0.035
Record Date  
09/28/2018
Ex-Dividend Date  
10/01/2018
Reinvestment Date  
10/01/2018
Payable Date  
10/03/2018
Reinvestment Amount  
$11.55
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.035
Total Distribution Per Share  
$0.035

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 94-2821264
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 ($)
2025 Year
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
Record Date  
Jan 31
Ordinary Dividends  
—
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.032386874
Interest on Tax Reclaim Refunds  
—
Record Date  
Feb 28
Ordinary Dividends  
—
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.029001648
Interest on Tax Reclaim Refunds  
—
Record Date  
Mar 31
Ordinary Dividends  
—
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.030494657
Interest on Tax Reclaim Refunds  
—
Record Date  
Apr 30
Ordinary Dividends  
—
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.032067975
Interest on Tax Reclaim Refunds  
—
Record Date  
May 30
Ordinary Dividends  
0.000238762
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.033808173
Interest on Tax Reclaim Refunds  
—
Record Date  
Jun 30
Ordinary Dividends  
0.00021426
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.030338728
Interest on Tax Reclaim Refunds  
—
Record Date  
Jul 31
Ordinary Dividends  
0.000230203
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.032596209
Interest on Tax Reclaim Refunds  
—
Record Date  
Aug 29
Ordinary Dividends  
0.000238914
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.033829659
Interest on Tax Reclaim Refunds  
—
Record Date  
Sep 30
Ordinary Dividends  
0.000215774
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.030553119
Interest on Tax Reclaim Refunds  
—
Record Date  
Oct 31
Ordinary Dividends  
0.000246281
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.034872853
Interest on Tax Reclaim Refunds  
—
Record Date  
Nov 28
Ordinary Dividends  
0.000208892
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.029578667
Interest on Tax Reclaim Refunds  
—
Record Date  
Dec 31
Ordinary Dividends  
0.000241012
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.034126783
Interest on Tax Reclaim Refunds  
—
Record Date  
Ordinary Dividends  
0.001834098
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
0.383655345
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 
14.36%
Dividends Received Deduction 
—
Section 163(j) 
100.00%
Indiana Resident Taxable Income 
88.51%
Utah Resident Taxable Income 
67.99%
Tax-Exempt Income By Jurisdiction
Alabama 
3.85%
Alaska 
0.18%
Arizona 
1.72%
Arkansas 
0.15%
California 
10.01%
Colorado 
3.19%
Connecticut 
0.22%
Delaware 
0.09%
Dist. of Columbia 
1.80%
Florida 
8.69%
Georgia 
2.92%
Hawaii 
1.18%
Idaho 
0.22%
Illinois 
6.38%
Indiana 
1.94%
Iowa 
0.63%
Kansas 
0.28%
Kentucky 
1.21%
Louisiana 
3.33%
Maine 
0.02%
Maryland 
1.83%
Massachusetts 
1.67%
Michigan 
0.46%
Minnesota 
0.05%
Mississippi 
0.82%
Missouri 
0.60%
Montana 
0.18%
Nebraska 
0.42%
Nevada 
0.20%
New Hampshire 
0.64%
New Jersey 
2.98%
New Mexico 
0.26%
New York 
8.87%
North Carolina 
0.82%
North Dakota 
0.49%
Ohio 
2.13%
Oklahoma 
0.17%
Oregon 
1.14%
Pennsylvania 
1.36%
Puerto Rico 
0.66%
Rhode Island 
0.10%
South Carolina 
1.74%
South Dakota 
0.46%
Tennessee 
3.54%
Texas 
11.46%
Utah 
1.25%
Virginia 
0.53%
Washington 
2.54%
West Virginia 
0.72%
Wisconsin 
4.07%

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 02/13/2026 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 1940 data points.
The chart has 1 X axis displaying Time. Data ranges from 2018-09-10 00:00:01 to 2026-02-16 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from 9.91 to 12.5.
End of interactive chart.

Daily Fund Prices and Breakpoints

As of 02/13/2026

Share Prices

As of 02/13/2026
NAV1 (Net Asset Value)
$10.88
NAV Change1 
$0.01
NAV Change (%)1 
0.09%
POP2 (Public Offering Price)
$11.30

52-Week Range

Highest NAV  As on 02/28/2025
$10.89
Lowest NAV  As on 04/09/2025
$10.18
POP and Sales Charge at Breakpoints

Investment

Sales Charge

POP

Less than $100,000 3.75%$11.30
$100,000 - $249,999 3.25%$11.25
POP and Sales Charge at Breakpoints
Investment  
Less than $100,000
Sales Charge  
3.75%
POP  
$11.30
Investment  
$100,000 - $249,999
Sales Charge  
3.25%
POP  
$11.25
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 02/13/2026
$10.88 (USD)
POP  As of 02/13/2026
$11.30 (USD)
Highest NAV  As of 02/16/2026
$10.88 (USD)
Lowest NAV  As of 01/22/2026
$10.77 (USD)

Historical Pricing Results   From   01/16/2026   To   02/16/2026

Date 
02/16/2026
NAV  
$10.88
POP  
$11.30
NAV Change  
$0.01
NAV Change (%)  
0.00%
Date 
02/13/2026
NAV  
$10.88
POP  
$11.30
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
02/12/2026
NAV  
$10.87
POP  
$11.29
NAV Change  
$0.02
NAV Change (%)  
0.18%
Date 
02/11/2026
NAV  
$10.85
POP  
$11.27
NAV Change  
$-0.01
NAV Change (%)  
-0.09%
Date 
02/10/2026
NAV  
$10.86
POP  
$11.28
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
02/09/2026
NAV  
$10.85
POP  
$11.27
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
02/06/2026
NAV  
$10.85
POP  
$11.27
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
02/05/2026
NAV  
$10.84
POP  
$11.26
NAV Change  
$0.02
NAV Change (%)  
0.18%
Date 
02/04/2026
NAV  
$10.82
POP  
$11.24
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
02/03/2026
NAV  
$10.81
POP  
$11.23
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
02/02/2026
NAV  
$10.81
POP  
$11.23
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
01/30/2026
NAV  
$10.80
POP  
$11.22
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
01/29/2026
NAV  
$10.79
POP  
$11.21
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
01/28/2026
NAV  
$10.78
POP  
$11.20
NAV Change  
$-0.01
NAV Change (%)  
-0.09%
Date 
01/27/2026
NAV  
$10.79
POP  
$11.21
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
01/26/2026
NAV  
$10.78
POP  
$11.20
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/23/2026
NAV  
$10.78
POP  
$11.20
NAV Change  
$0.01
NAV Change (%)  
0.09%
Date 
01/22/2026
NAV  
$10.77
POP  
$11.19
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/21/2026
NAV  
$10.77
POP  
$11.19
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/20/2026
NAV  
$10.77
POP  
$11.19
NAV Change  
$-0.05
NAV Change (%)  
-0.46%
Date 
01/19/2026
NAV  
$10.82
POP  
$11.24
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/16/2026
NAV  
$10.82
POP  
$11.24
NAV Change  
$0.00
NAV Change (%)  
0.00%

Documents

Product Literature

PDF Format

Factsheet - Franklin Federal Tax-Free Income Fund

Regulatory Documents

PDF Format

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

PDF Format

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

PDF Format

Prospectus - Franklin Federal Tax-Free Income Fund

PDF Format

Summary Prospectus - Franklin Federal Tax-Free Income Fund

PDF Format

Statement of Additional Information - Franklin Federal Tax-Free Income Fund

Mailed hardcopies unavailable.

PDF Format

Fiscal Q1 Holdings - Franklin Federal Tax-Free Income Fund

Mailed hardcopies unavailable.

PDF Format

Fiscal Q3 Holdings - Franklin Federal Tax-Free Income Fund

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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