Morningstar

Franklin Federal Tax Free Income Fund Class R6 FFTQX

Medalist Rating as of Aug 31, 2026 See Franklin Templeton Investment Hub

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. Under normal market conditions, 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. It may invest in municipal securities issued by U.S. territories. The fund does not necessarily focus its investments in a particular state or territory.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FAFTX	Franklin Federal Tax Free Income Fund Advisor Class	Institutional	Open			Mar 20, 2002	$968.33M	0.530%	Average	$100,000	−$26.09M
FKTIX	Franklin Federal Tax Free Income Fund Class A1	Front Load	Limited			Oct 7, 1983	$3.24B	0.630%	Low	$1,000	−$516.78M
FFQAX	Franklin Federal Tax Free Income Fund Class A	Front Load	Open			Sep 10, 2018	$1.83B	0.780%	Average	$1,000	−$58.98M
FRFTX	Franklin Federal Tax Free Income Fund Class C	Level Load	Open			Apr 28, 1995	$77.98M	1.180%	Low	$1,000	−$30.69M
FFTQX	Franklin Federal Tax Free Income Fund Class R6	Retirement, Large	Open			Aug 1, 2017	$894.11M	0.480%	Below Average	$1M	$38.83M

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