Franklin Massachusetts Tax-Free Income Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

Distributions

Schedules

Dividend Distributions Further Information This fund is a Daily Accrual fund Monthly
Capital Gain Distributions June
December

Rates and Yields Further Information

Taxable Equivalent Distribution Rate As of 03/31/2020 (updated daily) 4.92%
30-Day Standardized yield As of 02/29/2020 (updated monthly) 0.92%
Taxable Equivalent Yield As of 02/29/2020 (updated monthly) 1.70%

Distribution Rate and Breakpoints As of 03/31/2020 (updated daily)

Less than $100,000 2.67%
$100,000 - $249,999 2.68%
$250,000 - $499,999 2.71%
$500,000 - $999,999
At Net Asset Value 2.77%

TWELVE-MONTH-ROLLING DISTRIBUTIONS PER SHARE As of 03/31/2020 (updated daily)

Distribution amounts may be estimates Further Information

Month Amount ($) Record Date Ex-Date Payable Date Reinvestment Date Reinvestment Price ($)
March 2020
Total Distributions Per Share 0.027193 Daily Daily Mar 31 Mar 31 11.78
Tax-Exempt Income 0.027193 Daily Daily Mar 31 Mar 31 11.78
February 2020
Total Distributions Per Share 0.023212 Daily Daily Feb 28 Feb 28 12.20
Tax-Exempt Income 0.023212 Daily Daily Feb 28 Feb 28 12.20
January 2020
Total Distributions Per Share 0.026202 Daily Daily Jan 31 Jan 31 12.04
Tax-Exempt Income 0.026202 Daily Daily Jan 31 Jan 31 12.04
December 2019
Total Distributions Per Share 0.027635 Daily Daily Dec 31 Dec 31 11.83
Tax-Exempt Income 0.027635 Daily Daily Dec 31 Dec 31 11.83
November 2019
Total Distributions Per Share 0.025240 Daily Daily Nov 29 Nov 29 11.84
Tax-Exempt Income 0.025240 Daily Daily Nov 29 Nov 29 11.84
October 2019
Total Distributions Per Share 0.027810 Daily Daily Oct 31 Oct 31 11.86
Tax-Exempt Income 0.027810 Daily Daily Oct 31 Oct 31 11.86
September 2019
Total Distributions Per Share 0.027901 Daily Daily Sep 30 Sep 30 11.89
Tax-Exempt Income 0.027901 Daily Daily Sep 30 Sep 30 11.89
August 2019
Total Distributions Per Share 0.027052 Daily Daily Aug 30 Aug 30 12.00
Tax-Exempt Income 0.027052 Daily Daily Aug 30 Aug 30 12.00
July 2019
Total Distributions Per Share 0.029847 Daily Daily Jul 31 Jul 31 11.83
Tax-Exempt Income 0.029847 Daily Daily Jul 31 Jul 31 11.83
June 2019
Total Distributions Per Share 0.026074 Daily Daily Jun 28 Jun 28 11.78
Tax-Exempt Income 0.026074 Daily Daily Jun 28 Jun 28 11.78
May 2019
Total Distributions Per Share 0.029498 Daily Daily May 31 May 31 11.76
Tax-Exempt Income 0.029498 Daily Daily May 31 May 31 11.76
April 2019
Total Distributions Per Share 0.038500 Daily Daily Apr 30 Apr 30 11.62
Tax-Exempt Income 0.038500 Daily Daily Apr 30 Apr 30 11.62

Daily Fund Prices and Breakpoints [further-information] As of 03/31/2020

Share Prices ($)

Pop and Sales Charge at Breakpoints

Investment Sales Charge POP
Less than $100,000 3.75% $12.24
$100,000-$249,999 3.25% $12.18
$250,000-$499,999 2.25% $12.05

52-week Range ($)

NAV Highon 03/09/2020  12.27
NAV Lowon 03/20/2020 10.93