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 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 7.64 2.37 3.08 3.74 5.54
Fund with Sales Charge (%) (POP) 3.58 1.07 2.29 3.34 5.41
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 7.64 2.37 3.08 3.74 5.54
Fund with Sales Charge (%) (POP) 3.58 1.07 2.29 3.34 5.41
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.94

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.64 2.36 3.08 3.74
Fund without Sales Charge (%) (NAV) After Shares Sold 5.90 2.58 3.18 3.77
Fund with Sales Charge (%) (POP) Before Shares Sold 3.57 1.07 2.29 3.34
Fund with Sales Charge (%) (POP) After Shares Sold 3.44 1.57 2.55 3.44
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.64 2.36 3.08 3.74
Fund without Sales Charge (%) (NAV) After Shares Sold 5.90 2.58 3.18 3.77
Fund with Sales Charge (%) (POP) Before Shares Sold 3.57 1.07 2.29 3.34
Fund with Sales Charge (%) (POP) After Shares Sold 3.44 1.57 2.55 3.44

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.01 2.78 1.40 2.00 10.97 -5.32 8.43 12.06 0.01 16.74
Fund with Sales Charge (%) (POP) -3.27 -1.55 -2.93 -2.36 6.28 -9.33 3.82 7.33 -4.27 11.80
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 1.79 6.36 7.64 7.27 16.38 44.35 463.26
Fund with Sales Charge (%) (POP) -2.02 2.36 3.58 3.24 11.99 38.96 442.37
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 1.79 6.36 7.64 7.27 16.38 44.35 463.26
Fund with Sales Charge (%) (POP) -2.02 2.36 3.58 3.24 11.99 38.96 442.37
Bloomberg Barclays Municipal Bond Index (%) 1.58 6.75 8.55 9.88 19.68 50.38 535.85

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.80 2.60 3.86
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.42 3.03 3.42
Sharpe Ratio 0.37 0.77 0.89
Information Ratio -0.98 -0.55 -0.36
Tracking Error 1.03 1.03 1.26

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.84 0.85 1.11
Beta Bear 0.71 0.73 1.09
Bull Bear Capture Ratio 0.92 1.00 0.89
% of Positive Months 63.89 66.67 69.17
Gains/Losses 1.99 2.37 2.23
Maximum Drawdown
1.38 3.67 9.00

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

Gross Expense Ratio 0.69%
Net Expense Ratio [further-information] 0.69%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.37
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