Franklin Federal Intermediate-Term Tax-Free Income Fund Class C NMFQS:FCITX

The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It does maintain a dollar-weighted average portfolio maturity of six to 12 years. The fund only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.