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 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) 7.13 2.01 2.77 3.58 5.44
Fund with Sales Charge (%) (POP) 3.10 0.73 1.99 3.18 5.31
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) 7.13 2.01 2.77 3.58 5.44
Fund with Sales Charge (%) (POP) 3.10 0.73 1.99 3.18 5.31
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 7.13 2.01 2.77 3.57
Fund without Sales Charge (%) (NAV) After Shares Sold 5.61 2.30 2.92 3.61
Fund with Sales Charge (%) (POP) Before Shares Sold 3.10 0.73 1.99 3.18
Fund with Sales Charge (%) (POP) After Shares Sold 3.17 1.30 2.30 3.28
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.13 2.01 2.77 3.57
Fund without Sales Charge (%) (NAV) After Shares Sold 5.61 2.30 2.92 3.61
Fund with Sales Charge (%) (POP) Before Shares Sold 3.10 0.73 1.99 3.18
Fund with Sales Charge (%) (POP) After Shares Sold 3.17 1.30 2.30 3.28

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.58 2.48 1.21 2.13 10.50 -5.15 8.22 11.63 0.53 14.20
Fund with Sales Charge (%) (POP) -3.72 -1.87 -3.06 -2.19 5.79 -9.19 3.65 6.87 -3.77 9.37
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) 1.43 5.86 7.13 6.14 14.63 42.09 446.40
Fund with Sales Charge (%) (POP) -2.36 1.89 3.10 2.19 10.34 36.79 426.07
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) 1.43 5.86 7.13 6.14 14.63 42.09 446.40
Fund with Sales Charge (%) (POP) -2.36 1.89 3.10 2.19 10.34 36.79 426.07
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) 2.69 2.54 3.76
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.42 3.03 3.42
Sharpe Ratio 0.24 0.65 0.87
Information Ratio -1.38 -0.97 -0.55
Tracking Error 1.02 0.94 1.10

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

3 YR 5 YR 10 YR
Beta Bull 0.78 0.85 1.09
Beta Bear 0.69 0.70 1.05
Bull Bear Capture Ratio 0.84 0.91 0.87
% of Positive Months 66.67 71.67 70.00
Gains/Losses 1.86 2.19 2.19
Maximum Drawdown
1.38 3.61 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 0.75%

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

Sharpe Ratio 0.24
Standard Deviation 2.69

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index