Franklin Federal Interm-Term T/F Inc A1 (FKITX)
| Fund Assets | 2.01B |
| Expense Ratio | 0.57% |
| Min. Investment | $1,000 |
| Turnover | 18.10% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.11% |
| Dividend Growth | 9.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.12 |
| YTD Return | -0.17% |
| 1-Year Return | 1.03% |
| 5-Year Return | 1.84% |
| 52-Week Low | 10.84 |
| 52-Week High | 11.42 |
| Beta (5Y) | n/a |
| Holdings | 598 |
| Inception Date | Sep 23, 1992 |
About FKITX
Franklin Federal Intermediate-Term Tax-Free Income Fund Class A1 is a mutual fund focused on providing a high level of income exempt from federal income taxes while striving to preserve capital. The fund primarily invests at least 80% of its assets in municipal securities, such as tax-exempt bonds, whose interest payments are not subject to regular federal income tax, including the alternative minimum tax. These holdings typically fall within investment-grade ratings, as the fund purchases only those classified within the top four credit categories by recognized rating agencies at the time of acquisition. Targeting an intermediate-term maturity profile, the portfolio’s dollar-weighted average maturity generally ranges from three to ten years, balancing interest rate risk and yield potential. Designed for investors seeking tax-advantaged income, the fund plays a significant role in the municipal bond segment, supporting infrastructure and public projects across the United States while serving as a cornerstone tax-free income option in the broader fixed income market.
Performance
FKITX had a total return of 1.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.88%.
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 | $0.03171 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02947 | Jun 30, 2025 |
| May 30, 2025 | $0.03202 | May 30, 2025 |
| Apr 30, 2025 | $0.03018 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02887 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02644 | Feb 28, 2025 |