Franklin Tax-Free Trust
01/27/2026 | Press release | Distributed by Public on 01/27/2026 08:32
Prospectus by Investment Company (Form 497)
1154-P1 1/26
FRANKLIN TAX-FREE TRUST
SUPPLEMENT DATED JANAURY 27, 2026
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI"),
EACH DATED JULY 1, 2025, OF
FRANKLIN FEDERAL LIMITED-TERM TAX-FREE INCOME FUND (THE "FUND")
Effective January 31, 2026, the following changes are made to the Fund's Summary Prospectus, Prospectus and SAI:
1) The following is added to the section titled "Fund Summary - Portfolio Managers" in the Fund's Summary Prospectus and Prospectus:
Garrett L. Hamilton
Portfolio Manager of Advisers and portfolio manager of the Fund since January 2026.
2) The following replaces the seventh paragraph in the section titled "Fund Details - Management" in the Fund's Prospectus:
Garrett L. Hamilton Portfolio Manager of Advisers
Mr. Hamilton has been a portfolio manager of the Federal Intermediate-Term and High Yield Funds since 2024 and the Federal Limited-Term Fund since January 2026. He joined Franklin Templeton in 2024. Prior to joining Franklin Templeton, Mr. Hamilton was a portfolio manager for Putnam Investment Management, LLC ("Putnam Management"). He joined Putnam Management in 2016.
3) The following is added to the section titled "Management and Other Services - Portfolio managers" in the Fund's SAI:
|
Name |
Type of |
Number of Accounts Managed |
Total Assets Managed (x $1 million) |
Number of Accounts Managed for which Advisory Fee is Performance-Based |
Assets Managed for which Advisory Fee is Performance-Based (x $1 million) |
|
Garrett L. Hamilton* |
Registered Investment Companies |
17 |
22,269.9 |
None |
None |
|
Other Pooled Investment Vehicles |
2 |
238.1 |
None |
None |
|
|
Other Accounts |
None |
None |
None |
None |
*Information is provided as of December 31, 2025.
4) The following is added to the section titled "Management and Other Services - Portfolio managers - Ownership of Fund shares" in the Fund's SAI:
|
Portfolio Manager |
Dollar Range of Fund Shares Beneficially Owned |
|
Garrett L. Hamilton* |
None |
|
*Information is provided as of December 31, 2025 |
Please retain this supplement for future reference.
Franklin Tax-Free Trust published this content on January 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on January 27, 2026 at 14:32 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]