Franklin Federal Interm-Term T/F Inc A (FKQTX)
| Fund Assets | 2.01B |
| Expense Ratio | 0.72% |
| Min. Investment | $1,000 |
| Turnover | 18.10% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 2.96% |
| Dividend Growth | 9.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.12 |
| YTD Return | -0.51% |
| 1-Year Return | n/a |
| 5-Year Return | 0.10% |
| 52-Week Low | 10.86 |
| 52-Week High | 11.43 |
| Beta (5Y) | n/a |
| Holdings | 598 |
| Inception Date | Sep 10, 2018 |
About FKQTX
Franklin Federal Intermediate-Term Tax-Free Income Fund Class A is an actively managed municipal bond mutual fund focused on generating income exempt from regular federal income taxes, including the federal alternative minimum tax. The strategy invests at least 80% of assets in tax-exempt securities and maintains a dollar‑weighted average portfolio maturity of roughly three to ten years, positioning the portfolio in the intermediate segment of the muni curve. The fund purchases municipal bonds rated within the top four investment-grade categories at the time of purchase, seeking broad diversification across states, issuers, and revenue sectors such as general obligation, essential services, transportation, and healthcare. It distributes income on a monthly schedule and is managed within the Muni National Intermediate category, aiming to balance interest-rate sensitivity with credit quality. Supported by Franklin Templeton’s municipal research platform, the fund’s role in the market is to provide federally tax‑advantaged income and intermediate‑duration exposure to U.S. municipal credit, serving investors who prioritize tax efficiency and a diversified, investment‑grade muni allocation.
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 | $0.0303 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02814 | Jun 30, 2025 |
| May 30, 2025 | $0.03056 | May 30, 2025 |
| Apr 30, 2025 | $0.02882 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02753 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02521 | Feb 28, 2025 |