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Franklin Federal Tax Free Income C FRFTX

Analyst rating as of
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Morningstar’s Analysis

Will FRFTX outperform in future?

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

Senior Analyst

Summary

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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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