Franklin Federal Intermediate-Term Tax-Free Income Fund Class C (FCITX)
| Fund Assets | 2.05B |
| Expense Ratio | 1.12% |
| Min. Investment | $1,000 |
| Turnover | 18.10% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.72% |
| Dividend Growth | 13.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 11.56 |
| YTD Return | 1.47% |
| 1-Year Return | 5.67% |
| 5-Year Return | 3.17% |
| 52-Week Low | 10.62 |
| 52-Week High | 11.57 |
| Beta (5Y) | 0.24 |
| Holdings | 570 |
| Inception Date | Jul 1, 2003 |
About FCITX
Franklin Federal Intermediate-Term Tax-Free Income Fund Class C is an actively managed municipal bond mutual fund focused on delivering income that is exempt from regular federal income taxes. The fund invests at least 80% of total assets in municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax, and maintains a dollar‑weighted average maturity between three and ten years. It purchases investment-grade municipal bonds, generally limited to those rated within the top four categories by nationally recognized rating agencies at the time of purchase. Positioned in the national intermediate municipal category, the fund seeks a balance between income stability and interest rate sensitivity typical of the intermediate segment. It distributes income on a monthly basis and is part of the Franklin Templeton municipal platform, offering diversified exposure across states, sectors, and issuers within the U.S. tax-exempt market. The strategy is designed for investors seeking federally tax‑exempt income with prudent risk management through quality standards and intermediate duration guidelines.
Performance
FCITX had a total return of 5.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.03%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWITX | Vanguard | Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | 0.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02749 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02941 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02536 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02958 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02599 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0285 | Aug 29, 2025 |