Franklin Colorado 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.

Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.76 3.75 3.44 3.79 5.51
Fund with Sales Charge (%) (POP) 0.86 2.44 2.65 3.40 5.38
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.94 3.39 3.11 3.72 5.47
Fund with Sales Charge (%) (POP) 0.05 2.09 2.33 3.32 5.35
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.89

After-Tax Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.76 3.75 3.44 3.79
Fund without Sales Charge (%) (NAV) After Shares Sold 3.94 3.59 3.41 3.78
Fund with Sales Charge (%) (POP) Before Shares Sold 0.86 2.44 2.65 3.40
Fund with Sales Charge (%) (POP) After Shares Sold 1.59 2.57 2.79 3.45
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.94 3.39 3.11 3.72
Fund without Sales Charge (%) (NAV) After Shares Sold 3.48 3.33 3.17 3.73
Fund with Sales Charge (%) (POP) Before Shares Sold 0.05 2.09 2.33 3.32
Fund with Sales Charge (%) (POP) After Shares Sold 1.13 2.31 2.55 3.40

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.56 1.01 2.78 1.40 2.00 10.97 -5.32 8.43 12.06 0.01
Fund with Sales Charge (%) (POP) 2.56 -2.79 -1.55 -2.93 -2.36 6.28 -9.33 3.82 7.33 -4.27
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 07/31/2020

Month EndAs of 07/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 5.17 3.44 4.76 11.67 18.41 45.11 483.77
Fund with Sales Charge (%) (POP) 1.24 -0.41 0.86 7.51 13.97 39.66 462.11
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 2.14 1.92 3.94 10.53 16.55 44.10 475.17
Fund with Sales Charge (%) (POP) -1.70 -1.88 0.05 6.41 12.20 38.67 453.83
Bloomberg Barclays Municipal Bond Index (%) 2.72 2.08 4.45 13.20 21.26 51.12 553.83

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.77 3.38 4.21
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.94 3.80 3.82
Sharpe Ratio 0.57 0.69 0.76
Information Ratio -1.11 -0.75 -0.37
Tracking Error 0.69 0.92 1.23

ADDITIONAL RISK STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.01 0.94 1.11
Beta Bear 0.91 0.83 1.02
Bull Bear Capture Ratio 0.92 0.98 0.90
Gains/Losses 2.18 2.27 2.04

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 0.69%
Net Expense Ratio [further-information] 0.69%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 07/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.57
Standard Deviation 3.77

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index