Franklin Federal Limited-Term Tax-Free Income R6 (FFTRX)
10.35
+0.01
(+0.10%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.38% | 855.52M | -- | 33.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -35.10M | 2.91% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide investors with as high a level of income exempt from federal income taxes, by investing at least 80% of its net assets in securities that pay interest free from federal income taxes, including federal alternative minimum tax. The average maturity of the fund will be less than 5 years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
87
-55.30M
Peer Group Low
385.11M
Peer Group High
1 Year
% Rank:
86
-35.10M
-485.45M
Peer Group Low
2.771B
Peer Group High
3 Months
% Rank:
94
-408.52M
Peer Group Low
875.84M
Peer Group High
3 Years
% Rank:
71
-1.233B
Peer Group Low
4.209B
Peer Group High
6 Months
% Rank:
84
-431.73M
Peer Group Low
905.60M
Peer Group High
5 Years
% Rank:
61
-7.295B
Peer Group Low
4.777B
Peer Group High
YTD
% Rank:
85
-457.84M
Peer Group Low
970.43M
Peer Group High
10 Years
% Rank:
65
-4.995B
Peer Group Low
3.013B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | -2.14% |
| Stock | 0.00% |
| Bond | 101.6% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.56% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| ROCHESTER MINN HEALTH CARE FACS REV MN 1.900 11/15/2064 | 1.92% | 100.00 | 0.00% |
| GARDEN ST N J PRESERVATION TR OPEN SPACE & FARMLAND PRESERVATION NJ 5.750 11/01/2028 | 1.90% | 104.34 | -0.01% |
| Franklin Municipal Green Bond ETF | 1.83% | 23.40 | 0.11% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV GA 4.000 08/01/2052 | 1.73% | 99.34 | -0.00% |
| TENNESSEE ENERGY ACQUISITION CORP GAS REV TN 5.000 05/01/2053 | 1.72% | 102.13 | -0.03% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 3.632 08/01/2052 | 1.63% | 100.66 | 0.00% |
| MARICOPA CNTY ARIZ INDL DEV AUTH ED REV AZ 7.375 10/01/2029 | 1.40% | 104.11 | 0.39% |
| FARMINGTON N MEX POLLUTN CTL REV NM 3.875 06/01/2040 | 1.29% | 101.34 | 0.05% |
| HILLSBOROUGH CNTY FLA AVIATION AUTH REV FL 5.000 10/01/2032 | 1.28% | 107.49 | -0.00% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV AL 5.250 12/01/2053 | 1.24% | 106.51 | -0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.31% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide investors with as high a level of income exempt from federal income taxes, by investing at least 80% of its net assets in securities that pay interest free from federal income taxes, including federal alternative minimum tax. The average maturity of the fund will be less than 5 years. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-25-26) | 2.99% |
| 30-Day SEC Yield (7-31-26) | 2.96% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 370 |
| Bond | |
| Yield to Maturity (6-30-26) | 3.16% |
| Effective Duration | 2.44 |
| Average Coupon | 4.31% |
| Calculated Average Quality | 2.792 |
| Effective Maturity | 11.36 |
| Nominal Maturity | 12.44 |
| Number of Bond Holdings | 367 |
As of June 30, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FFTRX", "name") |
| Broad Asset Class: =YCI("M:FFTRX", "broad_asset_class") |
| Broad Category: =YCI("M:FFTRX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FFTRX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |