Franklin Ohio 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 04/03/1985
Fund without Sales Charge (%) (NAV) 4.89 4.03 3.72 3.94 5.74
Fund with Sales Charge (%) (POP) 0.94 2.72 2.94 3.54 5.63
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 6.45
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 4.89 4.03 3.72 3.94 5.74
Fund with Sales Charge (%) (POP) 0.94 2.72 2.94 3.54 5.63
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 6.45

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 4.89 4.03 3.72 3.94
Fund without Sales Charge (%) (NAV) After Shares Sold 4.05 3.78 3.58 3.84
Fund with Sales Charge (%) (POP) Before Shares Sold 0.95 2.72 2.94 3.54
Fund with Sales Charge (%) (POP) After Shares Sold 1.67 2.76 2.96 3.51
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.89 4.03 3.72 3.94
Fund without Sales Charge (%) (NAV) After Shares Sold 4.05 3.78 3.58 3.84
Fund with Sales Charge (%) (POP) Before Shares Sold 0.95 2.72 2.94 3.54
Fund with Sales Charge (%) (POP) After Shares Sold 1.67 2.76 2.96 3.51

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.80 0.66 4.65 0.94 3.31 10.24 -4.42 7.45 10.78 -0.46
Fund with Sales Charge (%) (POP) 2.83 -3.15 0.17 -3.36 -1.07 5.54 -8.47 2.90 6.06 -4.66
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 04/03/1985
Fund without Sales Charge (%) (NAV) 2.07 2.76 4.89 12.59 20.04 47.17 615.91
Fund with Sales Charge (%) (POP) -1.74 -1.08 0.94 8.40 15.58 41.62 589.04
Bloomberg Barclays Municipal Bond Index (%) 2.72 2.08 4.45 13.20 21.26 51.12 803.64
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 2.07 2.76 4.89 12.59 20.04 47.17 615.91
Fund with Sales Charge (%) (POP) -1.74 -1.08 0.94 8.40 15.58 41.62 589.04
Bloomberg Barclays Municipal Bond Index (%) 2.72 2.08 4.45 13.20 21.26 51.12 803.64

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.20 3.09 3.96
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.88 3.75 3.81
Sharpe Ratio 0.75 0.85 0.85
Information Ratio -0.17 -0.21 -0.25
Tracking Error 1.02 0.95 1.06

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

3 YR 5 YR 10 YR
Beta Bull 0.90 0.91 1.08
Beta Bear 0.55 0.66 0.84
Bull Bear Capture Ratio 1.09 1.09 0.94
% of Positive Months 72.22 75.00 70.00
Gains/Losses 2.52 2.52 2.15
Maximum Drawdown
3.11 3.99 8.66

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

Gross Expense Ratio 0.66%
Net Expense Ratio [further-information] 0.66%
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 0.75
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