Franklin Federal Interm-Term T/F Inc C (FCITX)
| Fund Assets | 2.01B |
| Expense Ratio | 1.12% |
| Min. Investment | $1,000 |
| Turnover | 18.10% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.61% |
| Dividend Growth | 11.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.14 |
| YTD Return | -0.09% |
| 1-Year Return | 0.69% |
| 5-Year Return | -0.56% |
| 52-Week Low | 10.88 |
| 52-Week High | 11.45 |
| Beta (5Y) | 0.21 |
| Holdings | 598 |
| 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 0.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.23%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWITX | Vanguard | Vanguard Interm-Term Tx-Ex Inv | 0.17% |
Top 10 Holdings
10.71% of assets| Name | Symbol | Weight |
|---|---|---|
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | SC.PEGUTL 10.01.2054 | 1.48% |
| PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 4.5% | WI.PUBMFH 4.5 12.01.2031 | 1.21% |
| PUBLIC FIN AUTH WIS MULTIFAMILY HSG REV 5.375% | WI.PUBMFH 5.38 12.01.2036 | 1.18% |
| TENNERGY CORP TENN GAS REV 5.5% | TN.TGYPWR 10.01.2053 | 1.14% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | TX.TMGUTL 01.01.2054 | 1.04% |
| MARICOPA CNTY ARIZ INDL DEV AUTH ED REV 7.375% | AZ.MAREDU 7.38 10.01.2029 | 0.97% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 2.8% | MO.MOSMED 06.01.2044 | 0.96% |
| FLORIDA DEV FIN CORP REV 5% | FL.FLSDEV 5 07.01.2044 | 0.95% |
| Franklin Municipal Green Bond ETF | FLMB | 0.94% |
| NEW JERSEY ECONOMIC DEV AUTH REV 5% | NJ.NJSDEV 5 11.01.2039 | 0.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0265 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0246 | Jun 30, 2025 |
| May 30, 2025 | $0.02664 | May 30, 2025 |
| Apr 30, 2025 | $0.02516 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02394 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02158 | Feb 28, 2025 |