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

 (MUTF:FKITX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.09%
   
1 week   +0.37%
   
4 week   +0.13%
   
3 month   +1.11%
   
YTD   +3.36%
   
1 year
   
-0.01%  
3 years*   +2.40%
   
5 years*   +2.16%
   
*annualized
Best 3 month return+7.28%  
Worst 3 month return-5.58%  

Morningstar statistics

Morningstar category: Muni National Interm
  Return Risk Rating
3 years Average Below Average
5 years Average Average
10 years Average Average
Overall Average Average

Key statistics

Total assets4.35B 
Front load2.25%  
Deferred load-  
Expense ratio0.66%  
Management fee-  
Fund familyFranklin Templeton Investments 

Asset allocation

Cash0.99%  
Stocks0.00%  
Bonds99.01%  
Other0.00%  

Purchase information

Initial$1,000  
AIP Initial$50  
12.27+0.01(0.08%)
Jul 23, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to provide investors with as high a level of income exempt from federal income taxes as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It does maintain a dollar-weighted average portfolio maturity of three to 10 years. The fund only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.
Fund filings (PDF) »
Asset managers:
John Bonelli (Started: Jul 1, 2016)
John Pomeroy (Started: Sep 21, 1992)
James Conn (Started: Dec 31, 1999)
Advisor Company:
Franklin Advisers Inc
Fund family reports on Morningstar »
Franklin Templeton Investments, One Franklin Parkway, Building 970, 1st Floor, Rancho Cardova, CA 95670, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -0.62 -0.65 -0.71 -0.42
Beta* 0.82 0.87 0.92 0.96
Mean annual return -0.07 0.19 0.19 0.34
R-squared* 98.86 97.50 96.85 96.15
Standard deviation 3.91 2.88 3.37 4.46
Sharpe ratio -0.36 0.70 0.63 0.79
* Against standard index

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