Franklin Connecticut Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/03/1988
Fund without Sales Charge (%) (NAV) 1.23 1.88 1.90 2.69 4.75
Fund with Sales Charge (%) (POP) 1.23 1.88 1.90 2.69 4.75
Bloomberg Barclays Municipal Bond Index (%) 2.16 3.27 3.04 3.89 5.70
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/03/1988
Fund without Sales Charge (%) (NAV) 3.10 2.44 2.02 2.96 4.81
Fund with Sales Charge (%) (POP) 3.10 2.44 2.02 2.96 4.81
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.76

After-Tax Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.23 1.88 1.90 2.69
Fund without Sales Charge (%) (NAV) After Shares Sold 2.00 2.22 2.26 2.93
Fund with Sales Charge (%) (POP) Before Shares Sold 1.23 1.88 1.90 2.69
Fund with Sales Charge (%) (POP) After Shares Sold 2.00 2.22 2.26 2.93
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.10 2.44 2.02 2.96
Fund without Sales Charge (%) (NAV) After Shares Sold 3.20 2.65 2.34 3.14
Fund with Sales Charge (%) (POP) Before Shares Sold 3.10 2.44 2.02 2.96
Fund with Sales Charge (%) (POP) After Shares Sold 3.20 2.65 2.34 3.14

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.24 1.07 1.93 1.32 1.17 9.62 -6.03 6.39 10.43 1.43
Fund with Sales Charge (%) (POP) 5.24 1.07 1.93 1.32 1.17 9.62 -6.03 6.39 10.43 1.43
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38

Cumulative Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) -2.99 -1.79 1.23 5.73 9.89 30.41 333.38
Fund with Sales Charge (%) (POP) -2.99 -1.79 1.23 5.73 9.89 30.41 333.38
Bloomberg Barclays Municipal Bond Index (%) -3.61 -1.88 2.16 10.14 16.14 46.44 475.90
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) -0.35 -0.35 3.10 7.51 10.52 33.90 339.75
Fund with Sales Charge (%) (POP) -0.35 -0.35 3.10 7.51 10.52 33.90 339.75
Bloomberg Barclays Municipal Bond Index (%) -0.63 -0.63 3.85 12.35 17.00 50.11 483.22

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.56 2.61 3.72
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.59 3.53 3.70
Sharpe Ratio 0.08 0.31 0.57
Information Ratio -1.04 -0.81 -0.90
Tracking Error 1.34 1.40 1.32

ADDITIONAL RISK STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.57 0.61 0.97
Beta Bear 0.74 0.71 0.87
Bull Bear Capture Ratio 0.87 0.91 0.82
% of Positive Months 66.67 70.00 66.67
Gains/Losses 1.76 1.77 1.77
Maximum Drawdown
4.05 4.05 9.09

SALES CHARGE, EXPENSES & FEES As of 07/01/2019 (updated annually)

Gross Expense Ratio 0.67%
Net Expense Ratio [further-information] 0.67%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 04/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.08
Standard Deviation 2.56

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Bloomberg Barclays Municipal Bond Index