Franklin Federal Interm-Term T/F Inc Adv (FITZX)
| Fund Assets | 2.01B |
| Expense Ratio | 0.47% |
| Min. Investment | $1,000 |
| Turnover | 18.10% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.27% |
| Dividend Growth | 8.94% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.14 |
| YTD Return | 0.04% |
| 1-Year Return | 1.30% |
| 5-Year Return | 2.34% |
| 52-Week Low | 10.87 |
| 52-Week High | 11.45 |
| Beta (5Y) | n/a |
| Holdings | 598 |
| Inception Date | Dec 1, 2008 |
About FITZX
Franklin Federal Intermediate-Term Tax-Free Income Fund Advisor Class is an open-end mutual fund focused on providing investors with income that is exempt from regular federal income taxes. The fund primarily invests at least 80% of its portfolio in municipal bonds whose interest is free from federal taxes, including the federal alternative minimum tax. Its holdings are diversified across various state and local governments, funding a range of public projects such as infrastructure, utilities, and community development. With an average portfolio duration in the intermediate range—typically between 4.0 to 6.0 years—it aims to balance the need for income with prudent risk management, making it suitable for investors seeking tax-advantaged fixed income exposure. Managed by Franklin Advisers, Inc., the fund’s monthly income distributions and emphasis on tax efficiency position it as a significant choice for individuals in higher federal tax brackets or those seeking to optimize after-tax returns within their fixed income allocations.
Performance
FITZX had a total return of 1.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.13%.
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% |
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 | $0.03265 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03035 | Jun 30, 2025 |
| May 30, 2025 | $0.03299 | May 30, 2025 |
| Apr 30, 2025 | $0.03109 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02976 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02739 | Feb 28, 2025 |