Franklin Florida 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 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 2.54 2.89 2.73 3.25 5.40
Fund with Sales Charge (%) (POP) -1.27 1.58 1.96 2.85 5.27
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.89
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 2.54 2.89 2.73 3.25 5.40
Fund with Sales Charge (%) (POP) -1.27 1.58 1.96 2.85 5.27
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 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.54 2.89 2.73 3.23
Fund without Sales Charge (%) (NAV) After Shares Sold 2.85 3.04 2.96 3.42
Fund with Sales Charge (%) (POP) Before Shares Sold -1.26 1.58 1.96 2.84
Fund with Sales Charge (%) (POP) After Shares Sold 0.55 2.03 2.34 3.09
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.54 2.89 2.73 3.23
Fund without Sales Charge (%) (NAV) After Shares Sold 2.85 3.04 2.96 3.42
Fund with Sales Charge (%) (POP) Before Shares Sold -1.26 1.58 1.96 2.84
Fund with Sales Charge (%) (POP) After Shares Sold 0.55 2.03 2.34 3.09

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.77 1.80 1.73 1.30 2.53 9.86 -6.22 6.59 10.09 2.07
Fund with Sales Charge (%) (POP) 1.76 -1.99 -2.59 -2.98 -1.82 5.16 -10.21 2.05 5.45 -2.30
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 06/30/2020

Month 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) 1.29 1.04 2.54 8.91 14.44 37.66 461.48
Fund with Sales Charge (%) (POP) -2.52 -2.71 -1.27 4.83 10.17 32.47 440.54
Bloomberg Barclays Municipal Bond Index (%) 2.72 2.08 4.45 13.20 21.26 51.12 553.83
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) 1.29 1.04 2.54 8.91 14.44 37.66 461.48
Fund with Sales Charge (%) (POP) -2.52 -2.71 -1.27 4.83 10.17 32.47 440.54
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 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.02 2.84 3.70
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.88 3.75 3.81
Sharpe Ratio 0.41 0.57 0.72
Information Ratio -0.98 -0.84 -0.68
Tracking Error 1.35 1.41 1.41

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.68 0.66 0.90
Beta Bear 0.69 0.67 0.81
Bull Bear Capture Ratio 0.89 0.93 0.87
% of Positive Months 66.67 70.00 68.33
Gains/Losses 2.05 2.11 1.97
Maximum Drawdown
4.37 4.37 9.32

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

Gross Expense Ratio 0.70%
Net Expense Ratio [further-information] 0.70%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.41
Standard Deviation 3.02

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index