Franklin Federal Intermediate-Term Tax-Free Income Fund Class C FCITX Strategy
Strategy
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 six to 12 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.
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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FITZX
| Franklin Federal Intermediate-Term Tax-Free Income Fund Advisor Class | No Load | Open | $708.38M | 0.460% | Below Average | $0 | $40.06M | |||
FKITX
| Franklin Federal Intermediate-Term Tax-Free Income Fund Class A1 | Front Load | Limited | $465.38M | 0.560% | Low | $1,000 | −$90.84M | |||
FKQTX
| Franklin Federal Intermediate-Term Tax-Free Income Fund Class A | Front Load | Open | $599.38M | 0.710% | Below Average | $1,000 | −$27.85M | |||
FCITX
| Franklin Federal Intermediate-Term Tax-Free Income Fund Class C | Level Load | Open | $11.75M | 1.110% | Low | $1,000 | −$3.52M | |||
FITQX
| Franklin Federal Intermediate-Term Tax-Free Income Fund Class R6 | Retirement, Large | Open | $121.14M | 0.400% | Average | $0 | $3.15M |