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Franklin Federal Tax Free Income C FRFTX

Analyst rating as of

Morningstar’s Analysis

Will FRFTX outperform in future?

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

The new head of Franklin’s municipal platform has made multiple changes.

Senior Analyst


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The reorganization of the team managing Franklin Federal Tax Free Income has the potential to benefit the strategy over the long term, but more time is needed to assess whether these adjustments, plus process changes, create material improvements. All share classes for this strategy retain a Morningstar Analyst Rating of Neutral.

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