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 07/02/2020 (updated daily) 4.60%
30-Day Standardized yield As of 05/31/2020 (updated monthly) 1.60%
Taxable Equivalent Yield As of 05/31/2020 (updated monthly) 2.95%

Distribution Rate and Breakpoints As of 07/02/2020 (updated daily)

Less than $100,000 2.50%
$100,000 - $249,999 2.51%
$250,000 - $499,999 2.53%
$500,000 - $999,999
At Net Asset Value 2.59%

TWELVE-MONTH-ROLLING DISTRIBUTIONS PER SHARE As of 07/05/2020 (updated daily)

Distribution amounts may be estimates Further Information

Month Amount ($) Record Date Ex-Date Payable Date Reinvestment Date Reinvestment Price ($)
June 2020
Total Distributions Per Share 0.025728 Daily Daily Jun 30 Jun 30 11.91
Tax-Exempt Income 0.025728 Daily Daily Jun 30 Jun 30 11.91
May 2020
Total Distributions Per Share 0.023838 Daily Daily May 29 May 29 11.90
Tax-Exempt Income 0.023838 Daily Daily May 29 May 29 11.90
April 2020
Total Distributions Per Share 0.025141 Daily Daily Apr 30 Apr 30 11.56
Tax-Exempt Income 0.025141 Daily Daily Apr 30 Apr 30 11.56
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

Daily Fund Prices and Breakpoints [further-information] As of 07/02/2020

Share Prices ($)

Pop and Sales Charge at Breakpoints

Investment Sales Charge POP
Less than $100,000 3.75% $12.37
$100,000-$249,999 3.25% $12.31
$250,000-$499,999 2.25% $12.18

52-week Range ($)

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