Franklin Connecticut Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/03/1988
Fund without Sales Charge (%) (NAV) 2.32 2.50 2.29 2.85 4.81
Fund with Sales Charge (%) (POP) 2.32 2.50 2.29 2.85 4.81
Bloomberg Barclays Municipal Bond Index (%) 3.98 3.81 3.74 4.14 5.79
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 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.32 2.50 2.29 2.85
Fund without Sales Charge (%) (NAV) After Shares Sold 2.61 2.69 2.55 3.04
Fund with Sales Charge (%) (POP) Before Shares Sold 2.32 2.50 2.29 2.85
Fund with Sales Charge (%) (POP) After Shares Sold 2.61 2.69 2.55 3.04
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) -1.98 0.33 2.32 7.69 12.01 32.44 342.74
Fund with Sales Charge (%) (POP) -1.98 0.33 2.32 7.69 12.01 32.44 342.74
Bloomberg Barclays Municipal Bond Index (%) -1.81 1.24 3.98 11.87 20.17 49.98 494.22
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 05/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.80 2.75 3.77
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.89 3.75 3.80
Sharpe Ratio 0.30 0.43 0.60
Information Ratio -1.03 -1.01 -0.95
Tracking Error 1.27 1.44 1.35

ADDITIONAL RISK STATISTICSAs of 05/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.68 0.64 0.92
Beta Bear 0.74 0.68 0.87
Bull Bear Capture Ratio 0.92 0.88 0.81
% of Positive Months 66.67 70.00 66.67
Gains/Losses 2.01 1.93 1.81
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 05/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.30
Standard Deviation 2.80

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index