Franklin Federal Intermediate-Term Tax-Free Income Fund Class A1 (FKITX)
| Fund Assets | 2.05B |
| Expense Ratio | 0.57% |
| Min. Investment | $1,000 |
| Turnover | 18.10% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.19% |
| Dividend Growth | 11.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 11.79 |
| YTD Return | 1.57% |
| 1-Year Return | 6.22% |
| 5-Year Return | 5.78% |
| 52-Week Low | 10.78 |
| 52-Week High | 11.80 |
| Beta (5Y) | n/a |
| Holdings | 570 |
| 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 6.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.51%.
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 | $0.03286 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03493 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03021 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03527 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03095 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03391 | Aug 29, 2025 |