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Franklin Federal Interm-Term T/F Inc A (FKITX)

12.55 Down 0.01(0.08%) May 17


Profile as of Feb 27, 2013Get Profile for:
Franklin Federal Interm-Term T/F Inc A
Franklin Tax Free TrustOne Franklin ParkwaySan Mateo CA 94403-1906
Map
Phone: 800-632-2301
Fund Overview 
Category:Muni National Interm
Fund Family:Franklin Templeton Investment Funds
Net Assets:3.94B
Year-to-Date Return:0.58%
Yield:2.73%
Morningstar Rating:3 stars
Fund Inception Date:Sep 20, 1992
Morningstar Style Box 
Muni National Interm
[View Category Definition]
View Top Muni National Interm Funds
About the Morningstar Style Box

Style box information not available for FKITX.

Management Information 
James Conn
Lead Manager since Nov 30, 1999
Conn is a vice president and portfolio manager with Franklin Advisers, Inc, his employer since 1996. He has final authority over all aspects of the Fund's investment portfolio, including but not limited to, purchases and sales of individual securities, portfolio risk assessment, and the management of daily cash balances in accordance with anticipated management requirements. Conn holds the Chartered Financial Analyst designation.
Investment Information 
Min Initial Investment:1,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:50
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:50
FKITX can be purchased from 100 brokerages.

Fund Summary 
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 Operations 
Last Dividend (Apr 29, 2013) : 0.03
Last Cap Gain : 0.00
Annual Holdings Turnover (May 15, 2013) : 6.01%
Average for Category:29.12%
Fees & Expenses 
ExpenseFKITXCategory Avg
Annual Report Expense Ratio (net):0.66%0.82%
Prospectus Net Expense Ratio:0.66%N/A
Prospectus Gross Expense Ratio:0.66%N/A
Max 12b1 Fee:0.10%N/A
Max Front End Sales Load:2.25%3.36%
Max Deferred Sales Load: N/A2.04%
3 Yr Expense Projection*:431415
5 Yr Expense Projection*:584640
10 Yr Expense Projection*:1,0291,273
* Per $10,000 invested