Morningstar will cease qualitative research coverage of Franklin Federal Intermediate-Term Tax-Free Income on or about Nov. 17, 2021, in order to reallocate our analysts to research other strategies. At that time, the last Morningstar Analyst Rating and this research will be removed. After that date, please discontinue using the research report or former research reports issued by Morningstar on this fund. We recommend users form their own views on this strategy or obtain financial advice.
Will FKITX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FKITX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FKITX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FKITX’s parent organization’s priorities and whether they’re in line with investors’ interests.