Franklin Louisiana 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 09/01/1987
Fund without Sales Charge (%) (NAV) 1.74 2.71 2.44 3.39 5.30
Fund with Sales Charge (%) (POP) 1.74 2.71 2.44 3.39 5.30
Bloomberg Barclays Municipal Bond Index (%) 2.16 3.27 3.04 3.89 5.79
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.86 3.69 2.83 3.74 5.39
Fund with Sales Charge (%) (POP) 4.86 3.69 2.83 3.74 5.39
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.85

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 1.75 2.71 2.44 3.39
Fund without Sales Charge (%) (NAV) After Shares Sold 2.26 2.85 2.67 3.47
Fund with Sales Charge (%) (POP) Before Shares Sold 1.75 2.71 2.44 3.39
Fund with Sales Charge (%) (POP) After Shares Sold 2.26 2.85 2.67 3.47
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.86 3.69 2.83 3.74
Fund without Sales Charge (%) (NAV) After Shares Sold 4.16 3.59 2.96 3.75
Fund with Sales Charge (%) (POP) Before Shares Sold 4.86 3.69 2.83 3.74
Fund with Sales Charge (%) (POP) After Shares Sold 4.16 3.59 2.96 3.75

Calendar Year Returns

2019 2018 2017 2016
Fund without Sales Charge (%) (NAV) 6.81 1.23 3.50 0.67
Fund with Sales Charge (%) (POP) 6.81 1.23 3.50 0.67
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45 0.25

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 09/01/1987
Fund without Sales Charge (%) (NAV) -3.35 -1.66 1.74 8.36 12.82 39.52 440.54
Fund with Sales Charge (%) (POP) -3.35 -1.66 1.74 8.36 12.82 39.52 440.54
Bloomberg Barclays Municipal Bond Index (%) -3.61 -1.88 2.16 10.14 16.14 46.44 528.50
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 0.70 0.70 4.86 11.49 15.00 44.39 453.52
Fund with Sales Charge (%) (POP) 0.70 0.70 4.86 11.49 15.00 44.39 453.52
Bloomberg Barclays Municipal Bond Index (%) -0.63 -0.63 3.85 12.35 17.00 50.11 536.49

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.20
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.59 3.53 3.70
Sharpe Ratio 0.32
Information Ratio -0.49
Tracking Error 1.13

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

3 YR 5 YR 10 YR
Beta Bull 0.94
Beta Bear 0.64
Bull Bear Capture Ratio 0.95
% of Positive Months 66.67
Gains/Losses 1.87
Maximum Drawdown
4.64

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

Gross Expense Ratio 0.63%
Net Expense Ratio [further-information] 0.63%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 0.84
Sharpe Ratio 0.32
Standard Deviation 3.20

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index