Skip to content

FFLQX

Franklin Federal Limited-Term Tax-Free Income Fund

Factsheet
View All
As of 02/10/2026

NAV 1

$10.47

$0.00 (0.00%)
 

POP 2

$10.71

 
 

YTD Total Return At NAV 3

0.96%

 
As of 01/31/2026

Morningstar Overall Rating™ 4

View ratings details
Muni National Short

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 five years or less.

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 income taxes i.
  • 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 
09/02/2003
Benchmark 
Bloomberg Municipal Short 1-5 Years Index
Investment Style 
Municipals
Morningstar Category5 
Muni National Short
Lipper Classification 
Short Municipal Debt Funds
Total Net Assets  As of 01/31/2026 (Updated Monthly)
$884.94 Million
Dividends & Yields
Dividend Frequency, if any 
Monthly
Distribution Rate at NAV6  As of 02/10/2026 (Updated Daily)
2.57%
30-Day SEC Yield—With Waiver7, 8, 9  As of 01/31/2026 (Updated Monthly)
1.72%
30-Day SEC Yield—Without Waiver8, 9  As of 01/31/2026 (Updated Monthly)
1.51%
Sales Charges, Expenses & Fees
As of 07/01/2025
Gross Expense Ratio10 
0.85%
Net Expense Ratio10, 11 
0.66%
Maximum Initial Charge 
2.25%
CDSC12 
1.00%
12b-1 Fee 
0.25%
Identifiers
Ticker 
FFLQX
Fund Number 
1154
CUSIP Code 
354726606

Portfolio Managers

Benjamin C. Barber, CFA®

California, United States

Managed Fund Since 2020

Daniel Workman, CFA®

California, United States

Managed Fund Since 2020

Francisco Rivera

California, United States

Managed Fund Since 2020

James Conn, CFA®

California, United States

Managed Fund Since 2003

Garrett L Hamilton, CFA®

Massachusetts, United States

Managed Fund Since 2026

Performance

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

Average Annual Total Returns

Average Annual Total Returns 13

 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 1.01 to 4.36.
End of interactive chart.

Month End   As of 01/31/2026
Class A - With Sales Charge (POP) (%)
1 Year  
1.76
3 Years  
2.69
5 Years  
1.01
10 Years  
1.28
Since Inception   09/02/2003
1.84
Month End   As of 01/31/2026
Class A - Without Sales Charge (NAV) (%)
1 Year  
4.10
3 Years  
3.47
5 Years  
1.47
10 Years  
1.51
Since Inception   09/02/2003
1.95
Month End   As of 01/31/2026
Bloomberg Municipal Short 1-5 Years Index (%)
1 Year  
4.36
3 Years  
3.06
5 Years  
1.47
10 Years  
1.68
Since Inception   09/02/2003
2.28

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 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 -5.86 to 4.11.
End of interactive chart.

Month End   As of 01/31/2026
Class A - With Sales Charge (POP) (%)
YTD  
-1.66
2025  
1.68
2024  
0.93
2023  
1.65
2022  
-5.86
2021  
-2.56
2020  
0.44
2019  
1.12
2018  
-1.02
2017  
—
2016  
—
Performance Inception Date  
09/02/2003
Month End   As of 01/31/2026
Class A - Without Sales Charge (NAV) (%)
YTD  
0.60
2025  
4.02
2024  
3.26
2023  
3.99
2022  
-3.69
2021  
-0.32
2020  
2.75
2019  
3.45
2018  
1.26
2017  
0.38
2016  
0.05
Performance Inception Date  
09/02/2003
Month End   As of 01/31/2026
Bloomberg Municipal Short 1-5 Years Index (%)
YTD  
0.78
2025  
4.11
2024  
2.07
2023  
3.58
2022  
-3.17
2021  
0.36
2020  
2.83
2019  
3.66
2018  
1.77
2017  
1.61
2016  
0.07
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 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 2003-09-01 00:00:00 to 2026-01-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 9947.54 to 16346.97.
End of interactive chart.

Month End   As of 01/31/2026
Class A - With Sales Charge (POP) (%)
YTD  
-1.66
1 Year  
1.76
3 Years  
8.29
5 Years  
5.17
10 Years  
13.56
15 Years  
23.49
Since Inception   09/02/2003
50.64
Month End   As of 01/31/2026
Class A - Without Sales Charge (NAV) (%)
YTD  
0.60
1 Year  
4.10
3 Years  
10.79
5 Years  
7.59
10 Years  
16.18
15 Years  
26.33
Since Inception   09/02/2003
54.10
Month End   As of 01/31/2026
Bloomberg Municipal Short 1-5 Years Index (%)
YTD  
0.78
1 Year  
4.36
3 Years  
9.46
5 Years  
7.54
10 Years  
18.16
15 Years  
29.72
Since Inception   09/02/2003
65.90

Historical Cumulative Total Returns

Date Selected   As of 01/31/2026
Class A - With Sales Charge (POP) (%)
YTD  
-1.66
1 Year  
1.76
3 Years  
8.29
5 Years  
5.17
10 Years  
13.56
15 Years  
23.49
Since Inception   09/02/2003
50.64
Date Selected   As of 01/31/2026
Class A - Without Sales Charge (NAV) (%)
YTD  
0.60
1 Year  
4.10
3 Years  
10.79
5 Years  
7.59
10 Years  
16.18
15 Years  
26.33
Since Inception   09/02/2003
54.10
Date Selected   As of 01/31/2026
Bloomberg Municipal Short 1-5 Years Index (%)
YTD  
0.78
1 Year  
4.36
3 Years  
9.46
5 Years  
7.54
10 Years  
18.16
15 Years  
29.72
Since Inception   09/02/2003
65.90

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 01/31/2026
Measured against: Bloomberg Municipal Short 1-5 Years Index
Statistics 1 Year 3 Years 5 Years
Historical Tracking Error 0.74 0.610.67
Information Ratio -0.35 0.680.02
Standard Deviation (%) 1 Year 3 Years 5 Years
Class A - Without Sales Charge (NAV) 1.08 2.212.67
Bloomberg Municipal Short 1-5 Years Index 1.32 2.412.73
Sharpe Ratio (%) 1 Year 3 Years 5 Years
Class A - Without Sales Charge (NAV) 0.04 -0.58-0.67

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 
$884.94 Million

Positions

As of 01/31/2026 Updated Monthly
 FundBenchmark
Number of Holdings 35213,581

Portfolio Statistics

As of 01/31/2026 Updated Monthly
 FundBenchmark
Average Weighted Maturity 3.41 Years3.05 Years
Effective Duration 2.34 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 6.81757 to 93.18245.
End of interactive chart.
Fund
Fixed Income 93.18%
Cash & Cash Equivalents 6.82%

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 0.05539 to 6.81757.
End of interactive chart.
Fund
New Jersey 6.78%
Texas 6.66%
Alabama 6.03%
Georgia 5.50%
Florida 5.07%
Kentucky 4.85%
California 4.74%
New York 4.74%
Illinois 4.19%
Pennsylvania 3.77%
Tennessee 3.57%
Ohio 2.68%
New Mexico 2.64%
Colorado 2.31%
Maryland 2.06%
Michigan 1.98%
Iowa 1.96%
Indiana 1.88%
Minnesota 1.81%
Washington 1.68%
Louisiana 1.63%
Arizona 1.53%
Wisconsin 1.51%
District of Columbia 1.41%
Massachusetts 1.35%
South Carolina 1.26%
North Carolina 0.99%
Hawaii 0.84%
North Dakota 0.82%
Utah 0.76%
South Dakota 0.74%
Missouri 0.70%
Oregon 0.64%
Connecticut 0.60%
Delaware 0.58%
Nevada 0.42%
Arkansas 0.42%
Rhode Island 0.30%
New Hampshire 0.29%
Mississippi 0.28%
Virginia 0.25%
Kansas 0.19%
N/A 0.17%
Maine 0.16%
Guam 0.15%
Montana 0.11%
Wyoming 0.06%
Puerto Rico 0.06%
Vermont 0.06%
Cash & Cash Equivalents 6.82%

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 0.32242 to 27.15095.
End of interactive chart.
Fund
Industrial Dev. Revenue and Pollution Control 27.15%
Health Care 10.47%
Housing 10.10%
Utilities 8.55%
Lease 7.40%
Local 7.16%
Education 6.87%
Transportation 6.55%
Special Tax 4.03%
State General Obligation 3.25%
Refunded 1.31%
Other Revenue Bonds 0.32%
Cash & Cash Equivalents 6.82%

Credit Quality

Credit Quality Allocation 14

 As of 01/31/2026 Updated Monthly

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.02852 to 58.1302.
End of interactive chart.
Fund Benchmark
AAA 4.93% 16.18%
AA 29.43% 58.13%
A 31.50% 22.13%
BBB 18.74% 3.55%
BB 0.03% —
Refunded 1.31% —
Not Rated 7.25% —
Cash & Cash Equivalents 6.82% —

Portfolio Holdings

Holdings

As of 12/31/2025 Updated Monthly
Security Name 
City Of Rochester MN DV&DP
Weight (%) 
2.67
Market Value ($) 
23,591,487
Quantity 
23,550,000
Security Name 
Garden State Preservation Trust
Weight (%) 
1.92
Market Value ($) 
16,939,952
Quantity 
15,855,000
Security Name 
Franklin Municipal Green Bond ETF ETF USD NPV TIS A/C #26176
Weight (%) 
1.78
Market Value ($) 
15,701,400
Quantity 
660,000
Security Name 
Main Street Natural Gas Inc MP
Weight (%) 
1.71
Market Value ($) 
15,089,868
Quantity 
15,000,000
Security Name 
Tennessee Energy Acquisition Corp MP
Weight (%) 
1.71
Market Value ($) 
15,096,724
Quantity 
14,560,000
Security Name 
Kentucky Public Energy Authority DV&DP
Weight (%) 
1.62
Market Value ($) 
14,274,090
Quantity 
14,125,000
Security Name 
Health & Educational Facilities Authority Of The State Of Missouri DV&DP
Weight (%) 
1.52
Market Value ($) 
13,432,545
Quantity 
13,400,000
Security Name 
Maricopa County Industrial Development Authority
Weight (%) 
1.41
Market Value ($) 
12,424,384
Quantity 
11,630,000
Security Name 
Hillsborough County Aviation Authority
Weight (%) 
1.29
Market Value ($) 
11,393,044
Quantity 
10,085,000
Security Name 
City Of Farmington NM MP
Weight (%) 
1.27
Market Value ($) 
11,221,951
Quantity 
11,000,000

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 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 01/30/2026
Less than $100,000 
2.51%
$100,000 - $249,999 
2.53%
Distribution Rate
As of 01/30/2026
At Net Asset Value (NAV) 
2.57%
30-Day SEC Yield
As of 01/31/2026
w/ Waiver 
1.72%
w/o Waiver 
1.51%
Taxable Equivalent Yield
As of 01/31/2026
w/ Waiver 
2.91%
w/o Waiver 
2.55%
Taxable Equivalent Distribution Rate15  As of 01/30/2026 (Updated Daily)
4.26%

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  
$10.44
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02242489
Total Distribution Per Share  
$0.02242489
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  
$10.40
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02535652
Total Distribution Per Share  
$0.02535652
Record Date  
11/28/2025
Ex-Dividend Date  
11/28/2025
Reinvestment Date  
11/28/2025
Payable Date  
11/28/2025
Reinvestment Amount  
$10.40
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02169889
Total Distribution Per Share  
$0.02169889
Record Date  
10/31/2025
Ex-Dividend Date  
10/31/2025
Reinvestment Date  
10/31/2025
Payable Date  
10/31/2025
Reinvestment Amount  
$10.40
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02486475
Total Distribution Per Share  
$0.02486475
Record Date  
09/30/2025
Ex-Dividend Date  
09/30/2025
Reinvestment Date  
09/30/2025
Payable Date  
09/30/2025
Reinvestment Amount  
$10.40
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02154869
Total Distribution Per Share  
$0.02154869
Record Date  
08/29/2025
Ex-Dividend Date  
08/29/2025
Reinvestment Date  
08/29/2025
Payable Date  
08/29/2025
Reinvestment Amount  
$10.36
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02397548
Total Distribution Per Share  
$0.02397548
Record Date  
07/31/2025
Ex-Dividend Date  
07/31/2025
Reinvestment Date  
07/31/2025
Payable Date  
07/31/2025
Reinvestment Amount  
$10.32
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02349015
Total Distribution Per Share  
$0.02349015
Record Date  
06/30/2025
Ex-Dividend Date  
06/30/2025
Reinvestment Date  
06/30/2025
Payable Date  
06/30/2025
Reinvestment Amount  
$10.30
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02260764
Total Distribution Per Share  
$0.02260764
Record Date  
05/30/2025
Ex-Dividend Date  
05/30/2025
Reinvestment Date  
05/30/2025
Payable Date  
05/30/2025
Reinvestment Amount  
$10.25
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02418242
Total Distribution Per Share  
$0.02418242
Record Date  
04/30/2025
Ex-Dividend Date  
04/30/2025
Reinvestment Date  
04/30/2025
Payable Date  
04/30/2025
Reinvestment Amount  
$10.23
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02303816
Total Distribution Per Share  
$0.02303816
Record Date  
03/31/2025
Ex-Dividend Date  
03/31/2025
Reinvestment Date  
03/31/2025
Payable Date  
03/31/2025
Reinvestment Amount  
$10.28
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02182568
Total Distribution Per Share  
$0.02182568
Record Date  
02/28/2025
Ex-Dividend Date  
02/28/2025
Reinvestment Date  
02/28/2025
Payable Date  
02/28/2025
Reinvestment Amount  
$10.33
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02120352
Total Distribution Per Share  
$0.02120352
Record Date  
01/31/2025
Ex-Dividend Date  
01/31/2025
Reinvestment Date  
01/31/2025
Payable Date  
01/31/2025
Reinvestment Amount  
$10.30
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0233598
Total Distribution Per Share  
$0.0233598
Record Date  
12/31/2024
Ex-Dividend Date  
12/31/2024
Reinvestment Date  
12/31/2024
Payable Date  
12/31/2024
Reinvestment Amount  
$10.27
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02502574
Total Distribution Per Share  
$0.02502574
Record Date  
11/29/2024
Ex-Dividend Date  
11/29/2024
Reinvestment Date  
11/29/2024
Payable Date  
11/29/2024
Reinvestment Amount  
$10.33
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02278839
Total Distribution Per Share  
$0.02278839
Record Date  
10/31/2024
Ex-Dividend Date  
10/31/2024
Reinvestment Date  
10/31/2024
Payable Date  
10/31/2024
Reinvestment Amount  
$10.28
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0232737
Total Distribution Per Share  
$0.0232737
Record Date  
09/30/2024
Ex-Dividend Date  
09/30/2024
Reinvestment Date  
09/30/2024
Payable Date  
09/30/2024
Reinvestment Amount  
$10.35
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02106331
Total Distribution Per Share  
$0.02106331
Record Date  
08/30/2024
Ex-Dividend Date  
08/30/2024
Reinvestment Date  
08/30/2024
Payable Date  
08/30/2024
Reinvestment Amount  
$10.31
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02479476
Total Distribution Per Share  
$0.02479476
Record Date  
07/31/2024
Ex-Dividend Date  
07/31/2024
Reinvestment Date  
07/31/2024
Payable Date  
07/31/2024
Reinvestment Amount  
$10.25
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02223033
Total Distribution Per Share  
$0.02223033
Record Date  
06/28/2024
Ex-Dividend Date  
06/28/2024
Reinvestment Date  
06/28/2024
Payable Date  
06/28/2024
Reinvestment Amount  
$10.20
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02081023
Total Distribution Per Share  
$0.02081023
Record Date  
05/31/2024
Ex-Dividend Date  
05/31/2024
Reinvestment Date  
05/31/2024
Payable Date  
05/31/2024
Reinvestment Amount  
$10.14
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0247228
Total Distribution Per Share  
$0.02336373
Record Date  
04/30/2024
Ex-Dividend Date  
04/30/2024
Reinvestment Date  
04/30/2024
Payable Date  
04/30/2024
Reinvestment Amount  
$10.15
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02182659
Total Distribution Per Share  
$0.02182659
Record Date  
03/28/2024
Ex-Dividend Date  
03/28/2024
Reinvestment Date  
03/28/2024
Payable Date  
03/28/2024
Reinvestment Amount  
$10.19
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02189684
Total Distribution Per Share  
$0.02189684
Record Date  
02/29/2024
Ex-Dividend Date  
02/29/2024
Reinvestment Date  
02/29/2024
Payable Date  
02/29/2024
Reinvestment Amount  
$10.20
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02091021
Total Distribution Per Share  
$0.02091021
Record Date  
01/31/2024
Ex-Dividend Date  
01/31/2024
Reinvestment Date  
01/31/2024
Payable Date  
01/31/2024
Reinvestment Amount  
$10.20
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.01911235
Total Distribution Per Share  
$0.01911235
Record Date  
12/29/2023
Ex-Dividend Date  
12/29/2023
Reinvestment Date  
12/29/2023
Payable Date  
12/29/2023
Reinvestment Amount  
$10.21
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02304418
Total Distribution Per Share  
$0.02304418
Record Date  
11/30/2023
Ex-Dividend Date  
11/30/2023
Reinvestment Date  
11/30/2023
Payable Date  
11/30/2023
Reinvestment Amount  
$10.12
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.02036695
Total Distribution Per Share  
$0.02036695
Record Date  
10/31/2023
Ex-Dividend Date  
10/31/2023
Reinvestment Date  
10/31/2023
Payable Date  
10/31/2023
Reinvestment Amount  
$9.90
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.01977319
Total Distribution Per Share  
$0.01977319
Record Date  
09/29/2023
Ex-Dividend Date  
09/29/2023
Reinvestment Date  
09/29/2023
Payable Date  
09/29/2023
Reinvestment Amount  
$9.93
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.01999776
Total Distribution Per Share  
$0.01999776
Record Date  
08/31/2023
Ex-Dividend Date  
08/31/2023
Reinvestment Date  
08/31/2023
Payable Date  
08/31/2023
Reinvestment Amount  
$10.04
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.01907631
Total Distribution Per Share  
$0.01907631
Record Date  
07/31/2023
Ex-Dividend Date  
07/31/2023
Reinvestment Date  
07/31/2023
Payable Date  
07/31/2023
Reinvestment Amount  
$10.09
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0175434
Total Distribution Per Share  
$0.0175434
Record Date  
06/30/2023
Ex-Dividend Date  
06/30/2023
Reinvestment Date  
06/30/2023
Payable Date  
06/30/2023
Reinvestment Amount  
$10.09
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0198297
Total Distribution Per Share  
$0.0198297
Record Date  
05/31/2023
Ex-Dividend Date  
05/31/2023
Reinvestment Date  
05/31/2023
Payable Date  
05/31/2023
Reinvestment Amount  
$10.05
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.01969038
Total Distribution Per Share  
$0.01969038
Record Date  
04/28/2023
Ex-Dividend Date  
04/28/2023
Reinvestment Date  
04/28/2023
Payable Date  
04/28/2023
Reinvestment Amount  
$10.11
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0167945
Total Distribution Per Share  
$0.0167945
Record Date  
03/31/2023
Ex-Dividend Date  
03/31/2023
Reinvestment Date  
03/31/2023
Payable Date  
03/31/2023
Reinvestment Amount  
$10.14
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.01912297
Total Distribution Per Share  
$0.01912297
Record Date  
02/28/2023
Ex-Dividend Date  
02/28/2023
Reinvestment Date  
02/28/2023
Payable Date  
02/28/2023
Reinvestment Amount  
$10.03
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0172461
Total Distribution Per Share  
$0.0172461
Record Date  
01/31/2023
Ex-Dividend Date  
01/31/2023
Reinvestment Date  
01/31/2023
Payable Date  
01/31/2023
Reinvestment Amount  
$10.17
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.01308318
Total Distribution Per Share  
$0.01308318
Record Date  
12/30/2022
Ex-Dividend Date  
12/30/2022
Reinvestment Date  
12/30/2022
Payable Date  
12/30/2022
Reinvestment Amount  
$10.04
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01529274
Record Date  
11/30/2022
Ex-Dividend Date  
11/30/2022
Reinvestment Date  
11/30/2022
Payable Date  
11/30/2022
Reinvestment Amount  
$10.03
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0117749
Record Date  
10/31/2022
Ex-Dividend Date  
10/31/2022
Reinvestment Date  
10/31/2022
Payable Date  
10/31/2022
Reinvestment Amount  
$9.84
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0109774
Record Date  
09/30/2022
Ex-Dividend Date  
09/30/2022
Reinvestment Date  
09/30/2022
Payable Date  
09/30/2022
Reinvestment Amount  
$9.88
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01068327
Record Date  
08/31/2022
Ex-Dividend Date  
08/31/2022
Reinvestment Date  
08/31/2022
Payable Date  
08/31/2022
Reinvestment Amount  
$10.05
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01003943
Record Date  
07/29/2022
Ex-Dividend Date  
07/29/2022
Reinvestment Date  
07/29/2022
Payable Date  
07/29/2022
Reinvestment Amount  
$10.18
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00906645
Record Date  
06/30/2022
Ex-Dividend Date  
06/30/2022
Reinvestment Date  
06/30/2022
Payable Date  
06/30/2022
Reinvestment Amount  
$10.07
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00819793
Record Date  
05/31/2022
Ex-Dividend Date  
05/31/2022
Reinvestment Date  
05/31/2022
Payable Date  
05/31/2022
Reinvestment Amount  
$10.13
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00737533
Record Date  
04/29/2022
Ex-Dividend Date  
04/29/2022
Reinvestment Date  
04/29/2022
Payable Date  
04/29/2022
Reinvestment Amount  
$10.07
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00698791
Record Date  
03/31/2022
Ex-Dividend Date  
03/31/2022
Reinvestment Date  
03/31/2022
Payable Date  
03/31/2022
Reinvestment Amount  
$10.19
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00738636
Record Date  
02/28/2022
Ex-Dividend Date  
02/28/2022
Reinvestment Date  
02/28/2022
Payable Date  
02/28/2022
Reinvestment Amount  
$10.34
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00676403
Record Date  
01/31/2022
Ex-Dividend Date  
01/31/2022
Reinvestment Date  
01/31/2022
Payable Date  
01/31/2022
Reinvestment Amount  
$10.39
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00607679
Record Date  
12/31/2021
Ex-Dividend Date  
12/31/2021
Reinvestment Date  
12/31/2021
Payable Date  
12/31/2021
Reinvestment Amount  
$10.54
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00719769
Record Date  
11/30/2021
Ex-Dividend Date  
11/30/2021
Reinvestment Date  
11/30/2021
Payable Date  
11/30/2021
Reinvestment Amount  
$10.55
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00568027
Record Date  
10/29/2021
Ex-Dividend Date  
10/29/2021
Reinvestment Date  
10/29/2021
Payable Date  
10/29/2021
Reinvestment Amount  
$10.54
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00497994
Record Date  
09/30/2021
Ex-Dividend Date  
09/30/2021
Reinvestment Date  
09/30/2021
Payable Date  
09/30/2021
Reinvestment Amount  
$10.56
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00500789
Record Date  
08/31/2021
Ex-Dividend Date  
08/31/2021
Reinvestment Date  
08/31/2021
Payable Date  
08/31/2021
Reinvestment Amount  
$10.61
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00536786
Record Date  
07/30/2021
Ex-Dividend Date  
07/30/2021
Reinvestment Date  
07/30/2021
Payable Date  
07/30/2021
Reinvestment Amount  
$10.62
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00533109
Record Date  
06/30/2021
Ex-Dividend Date  
06/30/2021
Reinvestment Date  
06/30/2021
Payable Date  
06/30/2021
Reinvestment Amount  
$10.60
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00637366
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  
$0.00527469
Record Date  
04/30/2021
Ex-Dividend Date  
04/30/2021
Reinvestment Date  
04/30/2021
Payable Date  
04/30/2021
Reinvestment Amount  
$10.61
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0072166
Record Date  
03/31/2021
Ex-Dividend Date  
03/31/2021
Reinvestment Date  
03/31/2021
Payable Date  
03/31/2021
Reinvestment Amount  
$10.58
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00863843
Record Date  
02/26/2021
Ex-Dividend Date  
02/26/2021
Reinvestment Date  
02/26/2021
Payable Date  
02/26/2021
Reinvestment Amount  
$10.56
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.007427
Record Date  
01/29/2021
Ex-Dividend Date  
01/29/2021
Reinvestment Date  
01/29/2021
Payable Date  
01/29/2021
Reinvestment Amount  
$10.67
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.007859
Record Date  
12/31/2020
Ex-Dividend Date  
12/31/2020
Reinvestment Date  
12/31/2020
Payable Date  
12/31/2020
Reinvestment Amount  
$10.65
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.008046
Record Date  
11/30/2020
Ex-Dividend Date  
11/30/2020
Reinvestment Date  
11/30/2020
Payable Date  
11/30/2020
Reinvestment Amount  
$10.63
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.008763
Record Date  
10/30/2020
Ex-Dividend Date  
10/30/2020
Reinvestment Date  
10/30/2020
Payable Date  
10/30/2020
Reinvestment Amount  
$10.58
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.008488
Record Date  
09/30/2020
Ex-Dividend Date  
09/30/2020
Reinvestment Date  
09/30/2020
Payable Date  
09/30/2020
Reinvestment Amount  
$10.60
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.008288
Record Date  
08/31/2020
Ex-Dividend Date  
08/31/2020
Reinvestment Date  
08/31/2020
Payable Date  
08/31/2020
Reinvestment Amount  
$10.61
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.008999
Record Date  
07/31/2020
Ex-Dividend Date  
07/31/2020
Reinvestment Date  
07/31/2020
Payable Date  
07/31/2020
Reinvestment Amount  
$10.62
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.008698
Record Date  
06/30/2020
Ex-Dividend Date  
06/30/2020
Reinvestment Date  
06/30/2020
Payable Date  
06/30/2020
Reinvestment Amount  
$10.58
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.008642
Record Date  
05/29/2020
Ex-Dividend Date  
05/29/2020
Reinvestment Date  
05/29/2020
Payable Date  
05/29/2020
Reinvestment Amount  
$10.58
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.009038
Record Date  
04/30/2020
Ex-Dividend Date  
04/30/2020
Reinvestment Date  
04/30/2020
Payable Date  
04/30/2020
Reinvestment Amount  
$10.43
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.01012
Record Date  
03/31/2020
Ex-Dividend Date  
03/31/2020
Reinvestment Date  
03/31/2020
Payable Date  
03/31/2020
Reinvestment Amount  
$10.43
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.014941
Record Date  
02/28/2020
Ex-Dividend Date  
02/28/2020
Reinvestment Date  
02/28/2020
Payable Date  
02/28/2020
Reinvestment Amount  
$10.59
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.010666
Record Date  
01/31/2020
Ex-Dividend Date  
01/31/2020
Reinvestment Date  
01/31/2020
Payable Date  
01/31/2020
Reinvestment Amount  
$10.56
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.011797
Record Date  
12/31/2019
Ex-Dividend Date  
12/31/2019
Reinvestment Date  
12/31/2019
Payable Date  
12/31/2019
Reinvestment Amount  
$10.48
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.013202
Record Date  
11/29/2019
Ex-Dividend Date  
11/29/2019
Reinvestment Date  
11/29/2019
Payable Date  
11/29/2019
Reinvestment Amount  
$10.48
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.011576
Record Date  
10/31/2019
Ex-Dividend Date  
10/31/2019
Reinvestment Date  
10/31/2019
Payable Date  
10/31/2019
Reinvestment Amount  
$10.48
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.012862
Record Date  
09/30/2019
Ex-Dividend Date  
09/30/2019
Reinvestment Date  
09/30/2019
Payable Date  
09/30/2019
Reinvestment Amount  
$10.48
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.013163
Record Date  
08/30/2019
Ex-Dividend Date  
08/30/2019
Reinvestment Date  
08/30/2019
Payable Date  
08/30/2019
Reinvestment Amount  
$10.54
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.012041
Record Date  
07/31/2019
Ex-Dividend Date  
07/31/2019
Reinvestment Date  
07/31/2019
Payable Date  
07/31/2019
Reinvestment Amount  
$10.50
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.013316
Record Date  
06/28/2019
Ex-Dividend Date  
06/28/2019
Reinvestment Date  
06/28/2019
Payable Date  
06/28/2019
Reinvestment Amount  
$10.46
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.011254
Record Date  
05/31/2019
Ex-Dividend Date  
05/31/2019
Reinvestment Date  
05/31/2019
Payable Date  
05/31/2019
Reinvestment Amount  
$10.44
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.012556
Record Date  
04/30/2019
Ex-Dividend Date  
04/30/2019
Reinvestment Date  
04/30/2019
Payable Date  
04/30/2019
Reinvestment Amount  
$10.38
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0229
Record Date  
03/29/2019
Ex-Dividend Date  
03/29/2019
Reinvestment Date  
03/29/2019
Payable Date  
03/29/2019
Reinvestment Amount  
$10.39
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0138
Record Date  
02/28/2019
Ex-Dividend Date  
02/28/2019
Reinvestment Date  
02/28/2019
Payable Date  
02/28/2019
Reinvestment Amount  
$10.35
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0138
Record Date  
01/31/2019
Ex-Dividend Date  
01/31/2019
Reinvestment Date  
01/31/2019
Payable Date  
01/31/2019
Reinvestment Amount  
$10.33
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0123
Record Date  
12/31/2018
Ex-Dividend Date  
12/31/2018
Reinvestment Date  
12/31/2018
Payable Date  
12/31/2018
Reinvestment Amount  
$10.29
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0123
Record Date  
11/30/2018
Ex-Dividend Date  
11/30/2018
Reinvestment Date  
11/30/2018
Payable Date  
11/30/2018
Reinvestment Amount  
$10.24
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0123
Record Date  
10/31/2018
Ex-Dividend Date  
10/31/2018
Reinvestment Date  
10/31/2018
Payable Date  
10/31/2018
Reinvestment Amount  
$10.20
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0123
Record Date  
09/28/2018
Ex-Dividend Date  
09/28/2018
Reinvestment Date  
09/28/2018
Payable Date  
09/28/2018
Reinvestment Amount  
$10.23
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0079

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 20-0088587
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  
0.023359798
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  
0.021203522
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  
0.021825677
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  
0.023038157
Interest on Tax Reclaim Refunds  
—
Record Date  
May 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  
0.024182421
Interest on Tax Reclaim Refunds  
—
Record Date  
Jun 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  
0.022607644
Interest on Tax Reclaim Refunds  
—
Record Date  
Jul 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  
0.023490146
Interest on Tax Reclaim Refunds  
—
Record Date  
Aug 29
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  
0.023975477
Interest on Tax Reclaim Refunds  
—
Record Date  
Sep 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  
0.021548693
Interest on Tax Reclaim Refunds  
—
Record Date  
Oct 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  
0.024864751
Interest on Tax Reclaim Refunds  
—
Record Date  
Nov 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  
0.021698886
Interest on Tax Reclaim Refunds  
—
Record Date  
Dec 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  
0.025356518
Interest on Tax Reclaim Refunds  
—
Record Date  
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  
0.27715169
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 
12.57%
Dividends Received Deduction 
—
Section 163(j) 
—
Indiana Resident Taxable Income 
97.82%
Utah Resident Taxable Income 
78.28%
Tax-Exempt Income By Jurisdiction
Alabama 
11.62%
Alaska 
0.26%
Arizona 
0.28%
Arkansas 
0.33%
California 
6.65%
Colorado 
2.44%
Delaware 
0.08%
Dist. of Columbia 
0.73%
Florida 
5.83%
Georgia 
4.69%
Guam 
0.05%
Hawaii 
0.53%
Illinois 
5.56%
Indiana 
1.21%
Iowa 
3.09%
Kansas 
0.21%
Kentucky 
3.43%
Louisiana 
1.63%
Maine 
0.07%
Maryland 
2.74%
Massachusetts 
2.35%
Michigan 
1.93%
Minnesota 
0.96%
Mississippi 
0.02%
Missouri 
0.44%
Nevada 
0.28%
New Hampshire 
0.33%
New Jersey 
9.45%
New Mexico 
0.95%
New York 
4.84%
North Carolina 
0.75%
North Dakota 
0.87%
Ohio 
1.95%
Oregon 
1.85%
Pennsylvania 
3.34%
Puerto Rico 
0.05%
Rhode Island 
0.03%
South Carolina 
2.86%
Tennessee 
4.65%
Texas 
6.00%
US Virgin Islands 
0.16%
Utah 
0.41%
Virginia 
0.30%
Washington 
2.10%
West Virginia 
0.01%
Wisconsin 
1.66%
Wyoming 
0.03%

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 02/10/2026 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 1937 data points.
The chart has 1 X axis displaying Time. Data ranges from 2018-09-10 00:00:01 to 2026-02-10 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from 9.83 to 10.68.
End of interactive chart.

Daily Fund Prices and Breakpoints

As of 02/10/2026

Share Prices

As of 02/10/2026
NAV1 (Net Asset Value)
$10.47
NAV Change1 
$0.00
NAV Change (%)1 
0.00%
POP2 (Public Offering Price)
$10.71

52-Week Range

Highest NAV  As on 02/10/2026
$10.47
Lowest NAV  As on 04/09/2025
$10.14
POP and Sales Charge at Breakpoints

Investment

Sales Charge

POP

Less than $100,000 2.25%$10.71
$100,000 - $249,999 1.50%$10.63
POP and Sales Charge at Breakpoints
Investment  
Less than $100,000
Sales Charge  
2.25%
POP  
$10.71
Investment  
$100,000 - $249,999
Sales Charge  
1.50%
POP  
$10.63
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 02/10/2026
$10.47 (USD)
POP  As of 02/10/2026
$10.71 (USD)
Highest NAV  As of 02/10/2026
$10.47 (USD)
Lowest NAV  As of 01/26/2026
$10.43 (USD)

Historical Pricing Results   From   01/12/2026   To   02/10/2026

Date 
02/10/2026
NAV  
$10.47
POP  
$10.71
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
02/09/2026
NAV  
$10.47
POP  
$10.71
NAV Change  
$0.01
NAV Change (%)  
0.10%
Date 
02/06/2026
NAV  
$10.46
POP  
$10.70
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
02/05/2026
NAV  
$10.46
POP  
$10.70
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
02/04/2026
NAV  
$10.46
POP  
$10.70
NAV Change  
$0.01
NAV Change (%)  
0.10%
Date 
02/03/2026
NAV  
$10.45
POP  
$10.69
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
02/02/2026
NAV  
$10.45
POP  
$10.69
NAV Change  
$0.01
NAV Change (%)  
0.10%
Date 
01/30/2026
NAV  
$10.44
POP  
$10.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/29/2026
NAV  
$10.44
POP  
$10.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/28/2026
NAV  
$10.44
POP  
$10.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/27/2026
NAV  
$10.44
POP  
$10.68
NAV Change  
$0.01
NAV Change (%)  
0.10%
Date 
01/26/2026
NAV  
$10.43
POP  
$10.67
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/23/2026
NAV  
$10.43
POP  
$10.67
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/22/2026
NAV  
$10.43
POP  
$10.67
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/21/2026
NAV  
$10.43
POP  
$10.67
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/20/2026
NAV  
$10.43
POP  
$10.67
NAV Change  
$-0.01
NAV Change (%)  
-0.10%
Date 
01/19/2026
NAV  
$10.44
POP  
$10.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/16/2026
NAV  
$10.44
POP  
$10.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/15/2026
NAV  
$10.44
POP  
$10.68
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/14/2026
NAV  
$10.44
POP  
$10.68
NAV Change  
$0.01
NAV Change (%)  
0.10%
Date 
01/13/2026
NAV  
$10.43
POP  
$10.67
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
01/12/2026
NAV  
$10.43
POP  
$10.67
NAV Change  
$0.00
NAV Change (%)  
0.00%

Documents

Product Literature

PDF Format

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

Regulatory Documents

PDF Format

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

PDF Format

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

PDF Format

Prospectus - Franklin Tax-Free Trust #1

PDF Format

Summary Prospectus - Franklin Federal Limited-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.

 

View Proxy Voting Records and Proxy Voting Policies

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.

This website is intended for Primerica.
Copyright © 2026 Franklin Templeton. All Rights Reserved.