FCITX — Franklin Federal Intermediate-Term Tax-Free Income Fund
Data updated: 2026-07-27
FCITX — Franklin Federal Intermediate-Term Tax-Free Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $2.01B AUM · 1.11% expense ratio · 5.0% 1-yr return. From SEC regulatory filings.
FCITX Fund Overview
FCITX — Franklin Federal Intermediate-Term Tax-Free Income Fund is a US mutual fund managed by Franklin Tax Free Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Franklin Tax Free Trust
- Category: Long Municipal - National Bond
- Assets under management: $2.01B
- 1-year return: 5.0%
- Ticker: FCITX
- SEC CIK: 0000757010
- SEC series ID: S000006932
- Share class ID: C000018803
FCITX Holdings
Top 10 holdings of Franklin Federal Intermediate-Term Tax-Free Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Patriots Energy Group Financing Agency | 1.46% |
| Public Finance Authority | 1.22% |
| Public Finance Authority | 1.21% |
| Philadelphia Authority for Industrial Development | 1.18% |
| Tennergy Corp. | 1.16% |
| Texas Transportation Finance Corp. | 1.11% |
| Texas Municipal Gas Acquisition & Supply Corp. IV | 1.02% |
| Maricopa County Industrial Development Authority | 0.96% |
| New Jersey Economic Development Authority | 0.86% |
| San Francisco City & County Airport Comm-San Francisco International Airport | 0.83% |
FCITX Portfolio Allocation
Asset-class allocation of Franklin Federal Intermediate-Term Tax-Free Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 97.6% |
| Cash & Equivalents | 1.7% |
| Other | 0.3% |
FCITX Performance
Total returns for FCITX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.0% |
| 1 year | 5.0% |
| 3 years (annualised) | 4.3% |
| 5 years (annualised) | 1.1% |
FCITX Risk Information
Risk metrics for FCITX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.0%
FCITX Costs and Fees
FCITX costs about $111 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.11%
- Gross expense ratio: 1.23%
- Portfolio turnover: 27%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FCITX Cashflows
Over the 12 months to 2026-02, Franklin Federal Intermediate-Term Tax-Free Income Fund had net outflows of $84.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | −$8.82M |
| 2026-01 | $8.80M |
| 2025-12 | −$6.63M |
| 2025-11 | $1.65M |
| 2025-10 | −$572.46K |
| 2025-09 | −$14.94M |
FCITX Debt Constituents
Largest debt holdings of Franklin Federal Intermediate-Term Tax-Free Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Patriots Energy Group Financing Agency | 1.46% |
| Public Finance Authority | 1.22% |
| Public Finance Authority | 1.21% |
| Tennergy Corp. | 1.16% |
| Texas Transportation Finance Corp. | 1.11% |
| Texas Municipal Gas Acquisition & Supply Corp. IV | 1.02% |
| Maricopa County Industrial Development Authority | 0.96% |
| New Jersey Economic Development Authority | 0.86% |
| San Francisco City & County Airport Comm-San Francisco International Airport | 0.83% |
| City of Los Angeles Department of Airports | 0.81% |
FCITX Prospectus and SEC Filings
Official Franklin Federal Intermediate-Term Tax-Free Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.