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 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.81 3.03 2.49 3.70 5.45
Fund with Sales Charge (%) (POP) -0.12 1.73 1.71 3.31 5.33
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.81 3.03 2.49 3.70 5.45
Fund with Sales Charge (%) (POP) -0.12 1.73 1.71 3.31 5.33

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.81 3.03 2.49 3.70
Fund without Sales Charge (%) (NAV) After Shares Sold 3.50 3.08 2.70 3.73
Fund with Sales Charge (%) (POP) Before Shares Sold -0.12 1.73 1.71 3.31
Fund with Sales Charge (%) (POP) After Shares Sold 1.13 2.06 2.09 3.40
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.81 3.03 2.49 3.70
Fund without Sales Charge (%) (NAV) After Shares Sold 3.50 3.08 2.70 3.73
Fund with Sales Charge (%) (POP) Before Shares Sold -0.12 1.73 1.71 3.31
Fund with Sales Charge (%) (POP) After Shares Sold 1.13 2.06 2.09 3.40

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.56 1.01 2.78 1.40 2.00 10.97 -5.32 8.43 12.06 0.01
Fund with Sales Charge (%) (POP) 2.56 -2.79 -1.55 -2.93 -2.36 6.28 -9.33 3.82 7.33 -4.27
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 03/31/2020

Month 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) -0.21 -0.21 3.81 9.38 13.11 43.81 463.14
Fund with Sales Charge (%) (POP) -3.93 -3.93 -0.12 5.29 8.87 38.45 442.24
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) -0.21 -0.21 3.81 9.38 13.11 43.81 463.14
Fund with Sales Charge (%) (POP) -3.93 -3.93 -0.12 5.29 8.87 38.45 442.24

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.19 3.02 4.08
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.48 3.48 3.68
Sharpe Ratio 0.42 0.46 0.77
Information Ratio -1.11 -0.69 -0.35
Tracking Error 0.83 0.99 1.24

ADDITIONAL RISK STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.94 0.88 1.12
Beta Bear 0.91 0.83 1.02
Bull Bear Capture Ratio 0.91 0.95 0.90
Gains/Losses 2.11 1.95 2.05

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 1.00%

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.42
Standard Deviation 3.19

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index