Franklin Federal Intermediate-Term Tax-Free Income Fund (FKITX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FKITX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FKITX
FKITX charges 0.56% annually. There are 204 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | FKITX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | FKITX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | FKITX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | FKITX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | FKITX vs FSMUX |
Best Risk-Adjusted Alternatives to FKITX
FKITX has a PortfoliosLab risk / return rank of 76. There are 282 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | FKITX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | FKITX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | FKITX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | FKITX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | FKITX vs TFCYX |
Top Performing FKITX Alternatives (YTD)
FKITX is at 1.65% YTD. There are 242 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen New York AMT Free Quality Municipal Income | 10.89% | — | Nov 2002 | FKITX vs NRK | |
| Nuveen Municipal Income Fund, Inc. | 10.46% | — | Apr 1998 | FKITX vs NMI | |
| BlackRock MuniYield Michigan Quality Fund | 9.15% | — | Oct 1992 | FKITX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 7.14% | — | Nov 2001 | FKITX vs AFB | |
| BlackRock MuniHoldings California Quality Fund | 7.14% | — | Feb 1998 | FKITX vs MUC |
Lowest Volatility Alternatives to FKITX
FKITX has 2.40% 1-year volatility. There are 177 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.55% | — | Aug 2002 | FKITX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.55% | — | Apr 2022 | FKITX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | FKITX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | FKITX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | FKITX vs USMTX |
Lowest Drawdown Alternatives to FKITX
FKITX has a 1-year max drawdown of -2.77%. There are 230 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | FKITX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | FKITX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | FKITX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | FKITX vs FHMIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | FKITX vs DFSMX |
Other Mutual Funds from Franklin Templeton
The 10 most viewed Franklin Templeton mutual funds shown here include FKDNX, FKRCX, FKINX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities, Technology Equities | 15 | 8.66% | — | Jan 1968 | FKITX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Gold, Precious Metals | 31 | -10.42% | — | May 1969 | FKITX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 81 | 4.80% | — | — | FKITX vs FKINX | |
| Franklin Growth Fund | Large Cap Growth Equities | 23 | 6.41% | — | Apr 1948 | FKITX vs FKGRX | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 40 | 21.54% | — | Jun 2011 | FKITX vs EMO | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 28 | 6.04% | — | Jan 1987 | FKITX vs FRDPX | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 8 | 4.20% | — | Aug 1997 | FKITX vs SBLGX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 87 | 4.94% | — | Aug 1997 | FKITX vs FRIAX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 8 | 3.28% | — | Oct 1983 | FKITX vs SHRAX | |
| Templeton Institutional Fund International Equity ... | Foreign Large Cap Equities | 48 | 14.88% | — | Oct 1990 | FKITX vs TFEQX |
Often Compared With FKITX
Investors most often compare FKITX with SPYG, SHAPX, BMN. These 14 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare FKITX with Any Fund or Stock
Compare FKITX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FKITX with funds that move differently
Franklin Federal Intermediate-Term Tax-Free Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FKITX.
Explore FKITX Diversifiers