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 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 7.35 3.52 2.78 3.59 5.50
Fund with Sales Charge (%) (POP) 3.29 2.22 2.00 3.19 5.37
Bloomberg Barclays Municipal Bond Index (%) 9.46 5.32 4.01 4.51 5.98
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 5.77 3.08 2.61 3.45 5.45
Fund with Sales Charge (%) (POP) 1.76 1.78 1.83 3.06 5.32
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 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.35 3.52 2.78 3.57
Fund without Sales Charge (%) (NAV) After Shares Sold 5.80 3.54 2.99 3.69
Fund with Sales Charge (%) (POP) Before Shares Sold 3.29 2.22 2.00 3.17
Fund with Sales Charge (%) (POP) After Shares Sold 3.34 2.52 2.37 3.36
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.77 3.08 2.61 3.44
Fund without Sales Charge (%) (NAV) After Shares Sold 4.90 3.23 2.88 3.60
Fund with Sales Charge (%) (POP) Before Shares Sold 1.76 1.78 1.83 3.05
Fund with Sales Charge (%) (POP) After Shares Sold 2.47 2.21 2.26 3.27

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 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 2.50 2.40 7.35 10.93 14.69 42.25 469.04
Fund with Sales Charge (%) (POP) -1.31 -1.40 3.29 6.80 10.42 36.87 447.82
Bloomberg Barclays Municipal Bond Index (%) 3.42 3.11 9.46 16.83 21.75 55.38 560.45
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) 0.16 5.77 5.77 9.54 13.77 40.41 455.69
Fund with Sales Charge (%) (POP) -3.63 1.76 1.76 5.45 9.50 35.19 434.96
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 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 1.99 2.26 3.48
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 2.60 3.01 3.46
Sharpe Ratio 0.92 0.75 0.87
Information Ratio -1.68 -1.00 -0.69
Tracking Error 1.07 1.23 1.32

ADDITIONAL RISK STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.69 0.69 0.96
Beta Bear 0.24 0.62 0.88
Bull Bear Capture Ratio 0.87 0.94 0.87
% of Positive Months 66.67 68.33 70.00
Gains/Losses 3.31 2.51 2.22
Maximum Drawdown
1.40 3.33 9.32

SALES CHARGE, EXPENSES & FEES As of 07/01/2019 (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 02/29/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.92
Standard Deviation 1.99

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index