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 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) 6.69 2.15 2.86 3.38 5.49
Fund with Sales Charge (%) (POP) 2.74 0.85 2.07 2.99 5.36
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) 6.69 2.15 2.86 3.38 5.49
Fund with Sales Charge (%) (POP) 2.74 0.85 2.07 2.99 5.36
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 6.69 2.15 2.86 3.36
Fund without Sales Charge (%) (NAV) After Shares Sold 5.49 2.50 3.08 3.54
Fund with Sales Charge (%) (POP) Before Shares Sold 2.74 0.84 2.07 2.97
Fund with Sales Charge (%) (POP) After Shares Sold 3.09 1.48 2.46 3.21
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.69 2.15 2.86 3.36
Fund without Sales Charge (%) (NAV) After Shares Sold 5.49 2.50 3.08 3.54
Fund with Sales Charge (%) (POP) Before Shares Sold 2.74 0.84 2.07 2.97
Fund with Sales Charge (%) (POP) After Shares Sold 3.09 1.48 2.46 3.21

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.80 1.73 1.30 2.53 9.86 -6.22 6.59 10.09 2.07 13.16
Fund with Sales Charge (%) (POP) -2.52 -2.59 -2.98 -1.82 5.16 -10.21 2.05 5.45 -2.30 8.34
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) 1.32 5.61 6.69 6.58 15.12 39.41 454.82
Fund with Sales Charge (%) (POP) -2.44 1.60 2.74 2.56 10.79 34.20 434.13
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) 1.32 5.61 6.69 6.58 15.12 39.41 454.82
Fund with Sales Charge (%) (POP) -2.44 1.60 2.74 2.56 10.79 34.20 434.13
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) 2.45 2.40 3.45
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.42 3.03 3.42
Sharpe Ratio 0.29 0.73 0.86
Information Ratio -1.00 -0.63 -0.67
Tracking Error 1.33 1.29 1.32

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

3 YR 5 YR 10 YR
Beta Bull 0.60 0.77 0.96
Beta Bear 0.63 0.61 0.88
Bull Bear Capture Ratio 0.90 1.01 0.87
% of Positive Months 63.89 66.67 70.00
Gains/Losses 1.97 2.39 2.19
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 0.75%

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

Sharpe Ratio 0.29
Standard Deviation 2.45

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index