Morningstar

Franklin Federal Intermediate-Term Tax-Free Income Fund Advisor Class FITZX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 11.37  /  −0.09 %
  • Total Assets 2.0B
  • Adj. Expense Ratio
    0.460%
  • Expense Ratio 0.460%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.53%
  • Effective Duration 6.12 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FITZX

Will FITZX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FITZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FITZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FITZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Franklin Federal Interm-Term T/F Inc Adv holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FITZX

More FITZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25%

1.47 30M
municipal

PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 5.375%

1.23 25M
municipal

PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 4.5%

1.22 24M
municipal

TENNERGY CORP TENN GAS REV 5.5%

1.17 23M
municipal

TEXAS TRANSN FIN CORP SH 288 SYS TOLL REV 5.5%

1.13 23M
municipal

TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%

1.03 21M
municipal

MARICOPA CNTY ARIZ INDL DEV AUTH ED REV 7.375%

0.97 19M
municipal

NEW JERSEY ECONOMIC DEV AUTH REV 5%

0.87 17M
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

0.83 17M
municipal

LOS ANGELES CALIF DEPT ARPTS REV 5%

0.82 16M
municipal

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