Franklin Florida 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 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 1.74 2.36 2.37 3.14 5.37
Fund with Sales Charge (%) (POP) -2.04 1.07 1.58 2.75 5.25
Bloomberg Barclays Municipal Bond Index (%) 3.98 3.81 3.74 4.14 5.87
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.28 2.69 2.25 3.30 5.40
Fund with Sales Charge (%) (POP) -0.60 1.40 1.47 2.91 5.27
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 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.73 2.36 2.37 3.13
Fund without Sales Charge (%) (NAV) After Shares Sold 2.37 2.65 2.68 3.34
Fund with Sales Charge (%) (POP) Before Shares Sold -2.04 1.07 1.58 2.74
Fund with Sales Charge (%) (POP) After Shares Sold 0.08 1.64 2.06 3.02
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.28 2.69 2.25 3.28
Fund without Sales Charge (%) (NAV) After Shares Sold 3.37 2.92 2.59 3.47
Fund with Sales Charge (%) (POP) Before Shares Sold -0.59 1.40 1.47 2.89
Fund with Sales Charge (%) (POP) After Shares Sold 1.03 1.90 1.97 3.15

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.77 1.80 1.73 1.30 2.53 9.86 -6.22 6.59 10.09 2.07
Fund with Sales Charge (%) (POP) 1.76 -1.99 -2.59 -2.98 -1.82 5.16 -10.21 2.05 5.45 -2.30
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) -2.45 -0.10 1.74 7.24 12.42 36.29 455.12
Fund with Sales Charge (%) (POP) -6.09 -3.81 -2.04 3.25 8.18 31.17 434.42
Bloomberg Barclays Municipal Bond Index (%) -1.81 1.24 3.98 11.87 20.17 49.98 548.50
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) -0.24 -0.24 3.28 8.30 11.74 38.32 454.35
Fund with Sales Charge (%) (POP) -3.95 -3.95 -0.60 4.26 7.57 33.19 433.68
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 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.02 2.84 3.70
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.88 3.75 3.81
Sharpe Ratio 0.41 0.57 0.72
Information Ratio -0.98 -0.84 -0.68
Tracking Error 1.35 1.41 1.41

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.68 0.66 0.90
Beta Bear 0.69 0.67 0.81
Bull Bear Capture Ratio 0.89 0.93 0.87
Gains/Losses 2.05 2.11 1.97

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

Gross Expense Ratio 0.70%
Net Expense Ratio [further-information] 0.70%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.41
Standard Deviation 3.02

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index