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 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.25 3.08 2.51 3.72 5.40
Fund with Sales Charge (%) (POP) 2.27 1.76 1.74 3.33 5.28
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.91
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.25 3.08 2.51 3.72 5.40
Fund with Sales Charge (%) (POP) 2.27 1.76 1.74 3.33 5.28
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.91

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.25 3.08 2.51 3.72
Fund without Sales Charge (%) (NAV) After Shares Sold 5.04 3.12 2.71 3.73
Fund with Sales Charge (%) (POP) Before Shares Sold 2.27 1.76 1.74 3.33
Fund with Sales Charge (%) (POP) After Shares Sold 2.63 2.10 2.10 3.40
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.25 3.08 2.51 3.72
Fund without Sales Charge (%) (NAV) After Shares Sold 5.04 3.12 2.71 3.73
Fund with Sales Charge (%) (POP) Before Shares Sold 2.27 1.76 1.74 3.33
Fund with Sales Charge (%) (POP) After Shares Sold 2.63 2.10 2.10 3.40

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 -3.72 -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 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 0.37 6.25 6.25 9.51 13.20 44.09 448.41
Fund with Sales Charge (%) (POP) -3.36 2.27 2.27 5.38 9.00 38.71 428.00
Bloomberg Barclays Municipal Bond Index (%) 0.74 7.54 7.54 14.85 18.93 52.95 540.53
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 0.37 6.25 6.25 9.51 13.20 44.09 448.41
Fund with Sales Charge (%) (POP) -3.36 2.27 2.27 5.38 9.00 38.71 428.00
Bloomberg Barclays Municipal Bond Index (%) 0.74 7.54 7.54 14.85 18.93 52.95 540.53

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.06 2.53 3.75
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 2.44 3.03 3.42
Sharpe Ratio 0.70 0.58 0.85
Information Ratio -2.20 -1.09 -0.57
Tracking Error 0.75 0.93 1.08

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.80 0.86 1.10
Beta Bear 0.66 0.70 1.05
Bull Bear Capture Ratio 0.78 0.89 0.87
% of Positive Months 69.44 71.67 70.00
Gains/Losses 2.82 2.14 2.17
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 12/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.70
Standard Deviation 2.06

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index