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 07/31/2020

Month EndAs of 07/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.26 3.53 3.06 3.62 5.40
Fund with Sales Charge (%) (POP) 0.38 2.20 2.27 3.22 5.28
Bloomberg Barclays Municipal Bond Index (%) 5.36 4.52 4.13 4.26 5.92
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.36 3.17 2.84 3.57 5.37
Fund with Sales Charge (%) (POP) -0.50 1.88 2.05 3.17 5.25
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.89

After-Tax Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.26 3.53 3.06 3.62
Fund without Sales Charge (%) (NAV) After Shares Sold 3.66 3.43 3.11 3.62
Fund with Sales Charge (%) (POP) Before Shares Sold 0.38 2.20 2.27 3.22
Fund with Sales Charge (%) (POP) After Shares Sold 1.32 2.40 2.48 3.29
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.36 3.17 2.84 3.57
Fund without Sales Charge (%) (NAV) After Shares Sold 3.15 3.17 2.94 3.59
Fund with Sales Charge (%) (POP) Before Shares Sold -0.50 1.88 2.05 3.17
Fund with Sales Charge (%) (POP) After Shares Sold 0.82 2.16 2.32 3.26

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 07/31/2020

Month EndAs of 07/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 5.40 3.04 4.26 10.96 16.26 42.65 465.06
Fund with Sales Charge (%) (POP) 1.43 -0.80 0.38 6.76 11.87 37.30 444.03
Bloomberg Barclays Municipal Bond Index (%) 5.78 3.80 5.36 14.18 22.42 51.77 564.85
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 1.97 1.53 3.36 9.83 15.01 41.99 456.80
Fund with Sales Charge (%) (POP) -1.87 -2.25 -0.50 5.75 10.66 36.63 436.08
Bloomberg Barclays Municipal Bond Index (%) 2.72 2.08 4.45 13.20 21.26 51.12 553.83

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.69 3.30 4.10
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.94 3.80 3.82
Sharpe Ratio 0.52 0.59 0.74
Information Ratio -1.63 -1.14 -0.59
Tracking Error 0.61 0.93 1.09

ADDITIONAL RISK STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.94 0.89 1.06
Beta Bear 0.90 0.80 0.99
Bull Bear Capture Ratio 0.88 0.90 0.87
% of Positive Months 69.44 73.33 69.17
Gains/Losses 2.10 2.12 1.99
Maximum Drawdown
5.05 5.05 9.04

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

Gross Expense Ratio 0.71%
Net Expense Ratio [further-information] 0.71%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 07/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.52
Standard Deviation 3.69

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index