Franklin Federal Tax-Free Income Fund Class C

 (MUTF:FRFTX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.50%
   
1 week   +0.44%
   
4 week
   
-2.65%  
3 month
   
-3.62%  
YTD   +0.14%
   
1 year   +0.55%
   
3 years*   +4.17%
   
5 years*   +3.26%
   
*annualized
Best 3 month return+7.96%  
Worst 3 month return-8.45%  

Morningstar statistics

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

Key statistics

Total assets11.17B 
Front load-  
Deferred load1.00%  
Expense ratio1.16%  
Management fee-  
Fund familyFranklin Templeton Investments 

Asset allocation

Cash1.28%  
Stocks0.00%  
Bonds98.72%  
Other0.00%  

Purchase information

Initial$1,000  
AIP Initial$50  
11.99-0.01(-0.08%)
Dec 7, 7:00PM EST Overall Morningstar RatingTM

Description

The investment seeks 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 investment grade municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of its total assets may be in securities that pay interest that may be subject to the federal alternative minimum tax and, although not anticipated, in securities that pay taxable interest.
Fund filings (PDF) »
Asset managers:
Sheila Amoroso (Started: Dec 31, 1987)
Carrie Higgins (Started: Dec 31, 2004)
Francisco Rivera (Started: Dec 31, 1996)
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* 0.24 0.44 -0.29 -0.79
Beta* 0.80 0.92 1.07 1.07
Mean annual return 0.02 0.32 0.28 0.30
R-squared* 99.22 95.29 95.47 94.29
Standard deviation 3.80 3.22 4.14 4.99
Sharpe ratio -0.03 1.14 0.79 0.56
* Against standard index

Top 10 holdings