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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
2.69% -8.56% -- 36668.87
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 14.00% -- Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide common shareholders a high level of current income exempt from regular federal income taxes, consistent with prudent investing. Investing in municipal obligations and debt securities that are rated investment grade by NRSRO. Maintaining dollar-weighted average maturity of between 3 and 10 years.
General
Security Type Closed-End Fund
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal
Peer Group Intermediate Municipal Debt Funds
Global Macro Bond HC
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Intermediate Municipal Debt Funds
Fund Owner Firm Name Franklin Templeton
Broad Asset Class Benchmark Index
^BBMBTR 100.0%

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Performance Versus Peer Group

 
20%
15%
10%
5%
0
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Peer Group Rtn. (NAV)
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% Rank in Peer Group (NAV)
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-6.58%
12.78%
4.62%
7.92%
-18.45%
5.37%
5.70%
6.99%
1.28%
7.54%
5.21%
1.52%
-8.53%
6.40%
1.05%
4.01%
0.97%
8.33%
5.87%
0.21%
-9.33%
5.69%
0.72%
4.74%
1.03%
7.09%
4.83%
0.67%
-6.63%
6.07%
1.43%
4.42%
2.41%
7.49%
6.17%
1.55%
-7.41%
5.42%
1.46%
4.65%
1.59%
7.77%
5.51%
1.80%
-8.38%
6.83%
2.52%
4.36%
As of December 11, 2025.

Asset Allocation

As of October 31, 2025.
Type % Net
Cash 0.01%
Stock 0.00%
Bond 137.4%
Convertible 0.00%
Preferred 0.00%
Other -37.38%
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Basic Info

Investment Strategy
The Fund seeks to provide common shareholders a high level of current income exempt from regular federal income taxes, consistent with prudent investing. Investing in municipal obligations and debt securities that are rated investment grade by NRSRO. Maintaining dollar-weighted average maturity of between 3 and 10 years.
General
Security Type Closed-End Fund
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal
Peer Group Intermediate Municipal Debt Funds
Global Macro Bond HC
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Intermediate Municipal Debt Funds
Fund Owner Firm Name Franklin Templeton
Broad Asset Class Benchmark Index
^BBMBTR 100.0%

View Basic Info
Start Trial

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