Franklin Georgia 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 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) 1.04 1.99 1.99 3.24 5.27
Fund with Sales Charge (%) (POP) -2.78 0.69 1.21 2.84 5.15
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) 3.33 2.77 2.22 3.54 5.35
Fund with Sales Charge (%) (POP) -0.57 1.48 1.44 3.15 5.23
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 1.04 1.99 1.99 3.24
Fund without Sales Charge (%) (NAV) After Shares Sold 1.80 2.29 2.30 3.34
Fund with Sales Charge (%) (POP) Before Shares Sold -2.78 0.69 1.21 2.84
Fund with Sales Charge (%) (POP) After Shares Sold -0.50 1.27 1.69 3.02
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.33 2.77 2.22 3.54
Fund without Sales Charge (%) (NAV) After Shares Sold 3.24 2.88 2.48 3.58
Fund with Sales Charge (%) (POP) Before Shares Sold -0.57 1.48 1.44 3.15
Fund with Sales Charge (%) (POP) After Shares Sold 0.89 1.88 1.86 3.25

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.25 0.58 2.48 1.21 2.13 10.50 -5.15 8.22 11.63 0.53
Fund with Sales Charge (%) (POP) 2.27 -3.17 -1.87 -3.06 -2.19 5.79 -9.19 3.65 6.87 -3.77
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 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) -3.76 -2.24 1.04 6.09 10.33 37.54 436.12
Fund with Sales Charge (%) (POP) -7.37 -5.88 -2.78 2.08 6.20 32.35 416.17
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) -0.43 -0.43 3.33 8.55 11.62 41.60 446.03
Fund with Sales Charge (%) (POP) -4.14 -4.14 -0.57 4.52 7.39 36.33 425.71
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) 3.27 3.02 4.00
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.59 3.53 3.70
Sharpe Ratio 0.09 0.29 0.66
Information Ratio -1.62 -1.08 -0.59
Tracking Error 0.79 0.97 1.08

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

3 YR 5 YR 10 YR
Beta Bull 0.83 0.83 1.10
Beta Bear 0.91 0.81 0.99
Bull Bear Capture Ratio 0.81 0.86 0.87
% of Positive Months 66.67 71.67 68.33
Gains/Losses 1.61 1.71 1.89
Maximum Drawdown
5.05 5.05 9.04

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

Gross Expense Ratio 0.72%
Net Expense Ratio [further-information] 0.72%
Max Initial Sales Charge 3.75%
CDSC 1.00%

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

Sharpe Ratio 0.09
Standard Deviation 3.27

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index