Shareholder Report |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr. 30, 2025
USD ($)
$ / shares
| ||||||||||||||||||||||||||||||||||||||||||
Shareholder Report [Line Items] | ||||||||||||||||||||||||||||||||||||||||||
Document Type | N-CSR | |||||||||||||||||||||||||||||||||||||||||
Amendment Flag | false | |||||||||||||||||||||||||||||||||||||||||
Registrant Name | Franklin Federal Tax-Free Income Fund | |||||||||||||||||||||||||||||||||||||||||
Entity Central Index Key | 0000357310 | |||||||||||||||||||||||||||||||||||||||||
Entity Investment Company Type | N-1A | |||||||||||||||||||||||||||||||||||||||||
Document Period End Date | Apr. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||
Class A | ||||||||||||||||||||||||||||||||||||||||||
Shareholder Report [Line Items] | ||||||||||||||||||||||||||||||||||||||||||
Fund Name | Franklin Federal Tax-Free Income Fund | |||||||||||||||||||||||||||||||||||||||||
Class Name | Class A | |||||||||||||||||||||||||||||||||||||||||
Trading Symbol | FFQAX | |||||||||||||||||||||||||||||||||||||||||
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Franklin Federal Tax-Free Income Fund for the period May 1, 2024, to April 30, 2025. | |||||||||||||||||||||||||||||||||||||||||
Shareholder Report Annual or Semi-Annual | annual shareholder report | |||||||||||||||||||||||||||||||||||||||||
Additional Information [Text Block] | You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236. | |||||||||||||||||||||||||||||||||||||||||
Material Fund Change Notice [Text Block] |
This report describes changes
to the Fund that occurred during the reporting period.
|
|||||||||||||||||||||||||||||||||||||||||
Additional Information Phone Number | (800) DIAL BEN/342-5236 | |||||||||||||||||||||||||||||||||||||||||
Additional Information Website | https://www.franklintempleton.com/regulatory-fund-documents | |||||||||||||||||||||||||||||||||||||||||
Expenses [Text Block] |
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR? (based
on a hypothetical $10,000 investment)
|
[1] | ||||||||||||||||||||||||||||||||||||||||
Expenses Paid, Amount | $ 78 | |||||||||||||||||||||||||||||||||||||||||
Expense Ratio, Percent | 0.77% | |||||||||||||||||||||||||||||||||||||||||
Factors Affecting Performance [Text Block] |
HOW
DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
For the twelve months ended April
30, 2025, Class A shares of
Franklin Federal Tax-Free Income Fund returned 2.20%.
The Fund compares its performance
to the Bloomberg Municipal Bond Index, which returned 1.66% for the same period.
PERFORMANCE
HIGHLIGHTS
|
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Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future. | |||||||||||||||||||||||||||||||||||||||||
Line Graph [Table Text Block] |
![]() |
|||||||||||||||||||||||||||||||||||||||||
Average Annual Return [Table Text Block] |
AVERAGE
ANNUAL TOTAL RETURNS (%) Period
Ended April 30, 2025
|
|||||||||||||||||||||||||||||||||||||||||
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. | |||||||||||||||||||||||||||||||||||||||||
Material Change Date | Sep. 30, 2024 | |||||||||||||||||||||||||||||||||||||||||
Updated Performance Information Location [Text Block] |
For current month-end performance,
please call Franklin Templeton at (800)
DIAL BEN/342-5236 or visit https://www.franklintempleton.com/investments/options/mutual-funds.
Important data provider notices
and terms available at www.franklintempletondatasources.com.
|
|||||||||||||||||||||||||||||||||||||||||
Net Assets | $ 8,039,568,659 | |||||||||||||||||||||||||||||||||||||||||
Holdings Count | $ / shares | 1,022 | [2] | ||||||||||||||||||||||||||||||||||||||||
Advisory Fees Paid, Amount | $ 38,503,388 | |||||||||||||||||||||||||||||||||||||||||
Investment Company Portfolio Turnover | 9.61% | |||||||||||||||||||||||||||||||||||||||||
Additional Fund Statistics [Text Block] |
KEY
FUND STATISTICS (as
of April 30, 2025)
|
[2] | ||||||||||||||||||||||||||||||||||||||||
Holdings [Text Block] |
![]() |
|||||||||||||||||||||||||||||||||||||||||
Material Fund Change [Text Block] |
HOW
HAS THE FUND CHANGED?
Effective September
30, 2024, Paul
M. Drury and Garrett L. Hamilton were added as portfolio managers of the Fund. Effective May 30, 2025,
Paul M. Drury is anticipated to retire and step down as a member of the Fund’s portfolio management team.
This is a summary of certain
changes to the Fund since May
1, 2024. For more complete information, you may review the Fund’s current prospectus
and any applicable supplements and the Fund’s next prospectus, which we expect to be available by September
1, 2025,
at https://www.franklintempleton.com/regulatory-fund-documents or upon request at (800) DIAL BEN/342-5236 or prospectus.us.franklintempleton@fisglobal.com. |
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Updated Prospectus Phone Number | (800) DIAL BEN/342-5236 | |||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Email Address | prospectus.us.franklintempleton@fisglobal.com | |||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Web Address | https://www.franklintempleton.com/regulatory-fund-documents | |||||||||||||||||||||||||||||||||||||||||
Class A1 | ||||||||||||||||||||||||||||||||||||||||||
Shareholder Report [Line Items] | ||||||||||||||||||||||||||||||||||||||||||
Fund Name | Franklin Federal Tax-Free Income Fund | |||||||||||||||||||||||||||||||||||||||||
Class Name | Class A1 | |||||||||||||||||||||||||||||||||||||||||
Trading Symbol | FKTIX | |||||||||||||||||||||||||||||||||||||||||
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Franklin Federal Tax-Free Income Fund for the period May 1, 2024, to April 30, 2025. | |||||||||||||||||||||||||||||||||||||||||
Shareholder Report Annual or Semi-Annual | annual shareholder report | |||||||||||||||||||||||||||||||||||||||||
Additional Information [Text Block] | You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236. | |||||||||||||||||||||||||||||||||||||||||
Material Fund Change Notice [Text Block] |
This report describes changes
to the Fund that occurred during the reporting period.
|
|||||||||||||||||||||||||||||||||||||||||
Additional Information Phone Number | (800) DIAL BEN/342-5236 | |||||||||||||||||||||||||||||||||||||||||
Additional Information Website | https://www.franklintempleton.com/regulatory-fund-documents | |||||||||||||||||||||||||||||||||||||||||
Expenses [Text Block] |
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR? (based
on a hypothetical $10,000 investment)
|
[3] | ||||||||||||||||||||||||||||||||||||||||
Expenses Paid, Amount | $ 63 | |||||||||||||||||||||||||||||||||||||||||
Expense Ratio, Percent | 0.62% | |||||||||||||||||||||||||||||||||||||||||
Factors Affecting Performance [Text Block] |
HOW
DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
For the twelve months ended April
30, 2025, Class A1 shares of
Franklin Federal Tax-Free Income Fund returned 2.35%.
The Fund compares its performance
to the Bloomberg Municipal Bond Index, which returned 1.66% for the same period.
PERFORMANCE
HIGHLIGHTS
|
|||||||||||||||||||||||||||||||||||||||||
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future. | |||||||||||||||||||||||||||||||||||||||||
Line Graph [Table Text Block] |
![]() |
|||||||||||||||||||||||||||||||||||||||||
Average Annual Return [Table Text Block] |
AVERAGE
ANNUAL TOTAL RETURNS (%) Period
Ended April 30, 2025
|
|||||||||||||||||||||||||||||||||||||||||
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. | |||||||||||||||||||||||||||||||||||||||||
Material Change Date | Sep. 30, 2024 | |||||||||||||||||||||||||||||||||||||||||
Updated Performance Information Location [Text Block] |
For current month-end performance,
please call Franklin Templeton at (800)
DIAL BEN/342-5236 or visit https://www.franklintempleton.com/investments/options/mutual-funds.
Important data provider notices
and terms available at www.franklintempletondatasources.com.
|
|||||||||||||||||||||||||||||||||||||||||
Net Assets | $ 8,039,568,659 | |||||||||||||||||||||||||||||||||||||||||
Holdings Count | $ / shares | 1,022 | [4] | ||||||||||||||||||||||||||||||||||||||||
Advisory Fees Paid, Amount | $ 38,503,388 | |||||||||||||||||||||||||||||||||||||||||
Investment Company Portfolio Turnover | 9.61% | |||||||||||||||||||||||||||||||||||||||||
Additional Fund Statistics [Text Block] |
KEY
FUND STATISTICS (as
of April 30, 2025)
|
[4] | ||||||||||||||||||||||||||||||||||||||||
Holdings [Text Block] |
![]() |
|||||||||||||||||||||||||||||||||||||||||
Material Fund Change [Text Block] |
HOW
HAS THE FUND CHANGED?
Effective September
30, 2024, Paul
M. Drury and Garrett L. Hamilton were added as portfolio managers of the Fund. Effective May 30, 2025,
Paul M. Drury is anticipated to retire and step down as a member of the Fund’s portfolio management team.
This is a summary of certain
changes to the Fund since May
1, 2024. For more complete information, you may review the Fund’s current prospectus
and any applicable supplements and the Fund’s next prospectus, which we expect to be available by September
1, 2025,
at https://www.franklintempleton.com/regulatory-fund-documents or upon request at (800) DIAL BEN/342-5236 or prospectus.us.franklintempleton@fisglobal.com. |
|||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Phone Number | (800) DIAL BEN/342-5236 | |||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Email Address | prospectus.us.franklintempleton@fisglobal.com | |||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Web Address | https://www.franklintempleton.com/regulatory-fund-documents | |||||||||||||||||||||||||||||||||||||||||
Class C | ||||||||||||||||||||||||||||||||||||||||||
Shareholder Report [Line Items] | ||||||||||||||||||||||||||||||||||||||||||
Fund Name | Franklin Federal Tax-Free Income Fund | |||||||||||||||||||||||||||||||||||||||||
Class Name | Class C | |||||||||||||||||||||||||||||||||||||||||
Trading Symbol | FRFTX | |||||||||||||||||||||||||||||||||||||||||
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Franklin Federal Tax-Free Income Fund for the period May 1, 2024, to April 30, 2025. | |||||||||||||||||||||||||||||||||||||||||
Shareholder Report Annual or Semi-Annual | annual shareholder report | |||||||||||||||||||||||||||||||||||||||||
Additional Information [Text Block] | You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236. | |||||||||||||||||||||||||||||||||||||||||
Material Fund Change Notice [Text Block] |
This report describes changes
to the Fund that occurred during the reporting period.
|
|||||||||||||||||||||||||||||||||||||||||
Additional Information Phone Number | (800) DIAL BEN/342-5236 | |||||||||||||||||||||||||||||||||||||||||
Additional Information Website | https://www.franklintempleton.com/regulatory-fund-documents | |||||||||||||||||||||||||||||||||||||||||
Expenses [Text Block] |
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR? (based
on a hypothetical $10,000 investment)
|
[5] | ||||||||||||||||||||||||||||||||||||||||
Expenses Paid, Amount | $ 118 | |||||||||||||||||||||||||||||||||||||||||
Expense Ratio, Percent | 1.17% | |||||||||||||||||||||||||||||||||||||||||
Factors Affecting Performance [Text Block] |
HOW
DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
For the twelve months ended April
30, 2025, Class C shares of
Franklin Federal Tax-Free Income Fund returned 1.79%.
The Fund compares its performance
to the Bloomberg Municipal Bond Index, which returned 1.66% for the same period.
PERFORMANCE
HIGHLIGHTS
|
|||||||||||||||||||||||||||||||||||||||||
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future. | |||||||||||||||||||||||||||||||||||||||||
Line Graph [Table Text Block] |
![]() |
|||||||||||||||||||||||||||||||||||||||||
Average Annual Return [Table Text Block] |
AVERAGE
ANNUAL TOTAL RETURNS (%) Period
Ended April 30, 2025
|
|||||||||||||||||||||||||||||||||||||||||
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. | |||||||||||||||||||||||||||||||||||||||||
Material Change Date | Sep. 30, 2024 | |||||||||||||||||||||||||||||||||||||||||
Updated Performance Information Location [Text Block] |
For current month-end performance,
please call Franklin Templeton at (800)
DIAL BEN/342-5236 or visit https://www.franklintempleton.com/investments/options/mutual-funds.
Important data provider notices
and terms available at www.franklintempletondatasources.com.
|
|||||||||||||||||||||||||||||||||||||||||
Net Assets | $ 8,039,568,659 | |||||||||||||||||||||||||||||||||||||||||
Holdings Count | $ / shares | 1,022 | [6] | ||||||||||||||||||||||||||||||||||||||||
Advisory Fees Paid, Amount | $ 38,503,388 | |||||||||||||||||||||||||||||||||||||||||
Investment Company Portfolio Turnover | 9.61% | |||||||||||||||||||||||||||||||||||||||||
Additional Fund Statistics [Text Block] |
KEY
FUND STATISTICS (as
of April 30, 2025)
|
[6] | ||||||||||||||||||||||||||||||||||||||||
Holdings [Text Block] |
![]() |
|||||||||||||||||||||||||||||||||||||||||
Material Fund Change [Text Block] |
HOW
HAS THE FUND CHANGED?
Effective September
30, 2024, Paul
M. Drury and Garrett L. Hamilton were added as portfolio managers of the Fund. Effective May 30, 2025,
Paul M. Drury is anticipated to retire and step down as a member of the Fund’s portfolio management team.
This is a summary of certain
changes to the Fund since May
1, 2024. For more complete information, you may review the Fund’s current prospectus
and any applicable supplements and the Fund’s next prospectus, which we expect to be available by September
1, 2025,
at https://www.franklintempleton.com/regulatory-fund-documents or upon request at (800) DIAL BEN/342-5236 or prospectus.us.franklintempleton@fisglobal.com. |
|||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Phone Number | (800) DIAL BEN/342-5236 | |||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Email Address | prospectus.us.franklintempleton@fisglobal.com | |||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Web Address | https://www.franklintempleton.com/regulatory-fund-documents | |||||||||||||||||||||||||||||||||||||||||
Class R6 | ||||||||||||||||||||||||||||||||||||||||||
Shareholder Report [Line Items] | ||||||||||||||||||||||||||||||||||||||||||
Fund Name | Franklin Federal Tax-Free Income Fund | |||||||||||||||||||||||||||||||||||||||||
Class Name | Class R6 | |||||||||||||||||||||||||||||||||||||||||
Trading Symbol | FFTQX | |||||||||||||||||||||||||||||||||||||||||
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Franklin Federal Tax-Free Income Fund for the period May 1, 2024, to April 30, 2025. | |||||||||||||||||||||||||||||||||||||||||
Shareholder Report Annual or Semi-Annual | annual shareholder report | |||||||||||||||||||||||||||||||||||||||||
Additional Information [Text Block] | You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236. | |||||||||||||||||||||||||||||||||||||||||
Material Fund Change Notice [Text Block] |
This report describes changes
to the Fund that occurred during the reporting period.
|
|||||||||||||||||||||||||||||||||||||||||
Additional Information Phone Number | (800) DIAL BEN/342-5236 | |||||||||||||||||||||||||||||||||||||||||
Additional Information Website | https://www.franklintempleton.com/regulatory-fund-documents | |||||||||||||||||||||||||||||||||||||||||
Expenses [Text Block] |
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR? (based
on a hypothetical $10,000 investment)
|
[7] | ||||||||||||||||||||||||||||||||||||||||
Expenses Paid, Amount | $ 49 | |||||||||||||||||||||||||||||||||||||||||
Expense Ratio, Percent | 0.48% | |||||||||||||||||||||||||||||||||||||||||
Factors Affecting Performance [Text Block] |
HOW
DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
For the twelve months ended April
30, 2025, Class R6 shares of
Franklin Federal Tax-Free Income Fund returned 2.50%.
The Fund compares its performance
to the Bloomberg Municipal Bond Index, which returned 1.66% for the same period.
PERFORMANCE
HIGHLIGHTS
|
|||||||||||||||||||||||||||||||||||||||||
Line Graph [Table Text Block] |
![]() |
|||||||||||||||||||||||||||||||||||||||||
Average Annual Return [Table Text Block] |
AVERAGE
ANNUAL TOTAL RETURNS (%) Period
Ended April 30, 2025
|
|||||||||||||||||||||||||||||||||||||||||
Material Change Date | Sep. 30, 2024 | |||||||||||||||||||||||||||||||||||||||||
Updated Performance Information Location [Text Block] |
For current month-end performance,
please call Franklin Templeton at (800)
DIAL BEN/342-5236 or visit https://www.franklintempleton.com/investments/options/mutual-funds.
Important data provider notices
and terms available at www.franklintempletondatasources.com.
|
|||||||||||||||||||||||||||||||||||||||||
Net Assets | $ 8,039,568,659 | |||||||||||||||||||||||||||||||||||||||||
Holdings Count | $ / shares | 1,022 | [8] | ||||||||||||||||||||||||||||||||||||||||
Advisory Fees Paid, Amount | $ 38,503,388 | |||||||||||||||||||||||||||||||||||||||||
Investment Company Portfolio Turnover | 9.61% | |||||||||||||||||||||||||||||||||||||||||
Additional Fund Statistics [Text Block] |
KEY
FUND STATISTICS (as
of April 30, 2025)
|
[8] | ||||||||||||||||||||||||||||||||||||||||
Holdings [Text Block] |
![]() |
|||||||||||||||||||||||||||||||||||||||||
Material Fund Change [Text Block] |
HOW
HAS THE FUND CHANGED?
Effective September
30, 2024, Paul
M. Drury and Garrett L. Hamilton were added as portfolio managers of the Fund. Effective May 30, 2025,
Paul M. Drury is anticipated to retire and step down as a member of the Fund’s portfolio management team.
This is a summary of certain
changes to the Fund since May
1, 2024. For more complete information, you may review the Fund’s current prospectus
and any applicable supplements and the Fund’s next prospectus, which we expect to be available by September
1, 2025,
at https://www.franklintempleton.com/regulatory-fund-documents or upon request at (800) DIAL BEN/342-5236 or prospectus.us.franklintempleton@fisglobal.com. |
|||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Phone Number | (800) DIAL BEN/342-5236 | |||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Email Address | prospectus.us.franklintempleton@fisglobal.com | |||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Web Address | https://www.franklintempleton.com/regulatory-fund-documents | |||||||||||||||||||||||||||||||||||||||||
Advisor Class | ||||||||||||||||||||||||||||||||||||||||||
Shareholder Report [Line Items] | ||||||||||||||||||||||||||||||||||||||||||
Fund Name | Franklin Federal Tax-Free Income Fund | |||||||||||||||||||||||||||||||||||||||||
Class Name | Advisor Class | |||||||||||||||||||||||||||||||||||||||||
Trading Symbol | FAFTX | |||||||||||||||||||||||||||||||||||||||||
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Franklin Federal Tax-Free Income Fund for the period May 1, 2024, to April 30, 2025. | |||||||||||||||||||||||||||||||||||||||||
Shareholder Report Annual or Semi-Annual | annual shareholder report | |||||||||||||||||||||||||||||||||||||||||
Additional Information [Text Block] | You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) DIAL BEN/342-5236. | |||||||||||||||||||||||||||||||||||||||||
Material Fund Change Notice [Text Block] |
This report describes changes
to the Fund that occurred during the reporting period.
|
|||||||||||||||||||||||||||||||||||||||||
Additional Information Phone Number | (800) DIAL BEN/342-5236 | |||||||||||||||||||||||||||||||||||||||||
Additional Information Website | https://www.franklintempleton.com/regulatory-fund-documents | |||||||||||||||||||||||||||||||||||||||||
Expenses [Text Block] |
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR? (based
on a hypothetical $10,000 investment)
|
[9] | ||||||||||||||||||||||||||||||||||||||||
Expenses Paid, Amount | $ 53 | |||||||||||||||||||||||||||||||||||||||||
Expense Ratio, Percent | 0.52% | |||||||||||||||||||||||||||||||||||||||||
Factors Affecting Performance [Text Block] |
HOW
DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
For the twelve months ended April
30, 2025, Advisor Class shares
of Franklin Federal Tax-Free Income Fund returned 2.45%.
The Fund compares its performance
to the Bloomberg Municipal Bond Index, which returned 1.66% for the same period.
PERFORMANCE
HIGHLIGHTS
|
|||||||||||||||||||||||||||||||||||||||||
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future. | |||||||||||||||||||||||||||||||||||||||||
Line Graph [Table Text Block] |
![]() |
|||||||||||||||||||||||||||||||||||||||||
Average Annual Return [Table Text Block] |
AVERAGE
ANNUAL TOTAL RETURNS (%) Period
Ended April 30, 2025
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No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. | |||||||||||||||||||||||||||||||||||||||||
Material Change Date | Sep. 30, 2024 | |||||||||||||||||||||||||||||||||||||||||
Updated Performance Information Location [Text Block] |
For current month-end performance,
please call Franklin Templeton at (800)
DIAL BEN/342-5236 or visit https://www.franklintempleton.com/investments/options/mutual-funds.
Important data provider notices
and terms available at www.franklintempletondatasources.com.
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Net Assets | $ 8,039,568,659 | |||||||||||||||||||||||||||||||||||||||||
Holdings Count | $ / shares | 1,022 | [10] | ||||||||||||||||||||||||||||||||||||||||
Advisory Fees Paid, Amount | $ 38,503,388 | |||||||||||||||||||||||||||||||||||||||||
Investment Company Portfolio Turnover | 9.61% | |||||||||||||||||||||||||||||||||||||||||
Additional Fund Statistics [Text Block] |
KEY
FUND STATISTICS (as
of April 30, 2025)
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[10] | ||||||||||||||||||||||||||||||||||||||||
Holdings [Text Block] |
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Material Fund Change [Text Block] |
HOW
HAS THE FUND CHANGED?
Effective September
30, 2024, Paul
M. Drury and Garrett L. Hamilton were added as portfolio managers of the Fund. Effective May 30, 2025,
Paul M. Drury is anticipated to retire and step down as a member of the Fund’s portfolio management team.
This is a summary of certain
changes to the Fund since May
1, 2024. For more complete information, you may review the Fund’s current prospectus
and any applicable supplements and the Fund’s next prospectus, which we expect to be available by September
1, 2025,
at https://www.franklintempleton.com/regulatory-fund-documents or upon request at (800) DIAL BEN/342-5236 or prospectus.us.franklintempleton@fisglobal.com. |
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Updated Prospectus Phone Number | (800) DIAL BEN/342-5236 | |||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Email Address | prospectus.us.franklintempleton@fisglobal.com | |||||||||||||||||||||||||||||||||||||||||
Updated Prospectus Web Address | https://www.franklintempleton.com/regulatory-fund-documents | |||||||||||||||||||||||||||||||||||||||||
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