Franklin Louisiana Tax-Free Income Fund

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) 8.95 4.53 3.36 4.01 5.48
Fund with Sales Charge (%) (POP) 8.95 4.53 3.36 4.01 5.48
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) 6.81 3.82 2.94 3.83 5.41
Fund with Sales Charge (%) (POP) 6.81 3.82 2.94 3.83 5.41
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 8.95 4.53 3.36 4.01
Fund without Sales Charge (%) (NAV) After Shares Sold 6.60 4.23 3.36 3.96
Fund with Sales Charge (%) (POP) Before Shares Sold 8.95 4.53 3.36 4.01
Fund with Sales Charge (%) (POP) After Shares Sold 6.60 4.23 3.36 3.96
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.81 3.82 2.94 3.82
Fund without Sales Charge (%) (NAV) After Shares Sold 5.37 3.71 3.05 3.83
Fund with Sales Charge (%) (POP) Before Shares Sold 6.81 3.82 2.94 3.82
Fund with Sales Charge (%) (POP) After Shares Sold 5.37 3.71 3.05 3.83

Calendar Year Returns

2019 2018 2017 2016
Fund without Sales Charge (%) (NAV) 6.81 1.23 3.50 0.67
Fund with Sales Charge (%) (POP) 6.81 1.23 3.50 0.67
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45 0.25

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) 3.30 3.13 8.95 14.21 17.94 48.20 466.85
Fund with Sales Charge (%) (POP) 3.30 3.13 8.95 14.21 17.94 48.20 466.85
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) 0.20 6.81 6.81 11.91 15.58 45.56 449.65
Fund with Sales Charge (%) (POP) 0.20 6.81 6.81 11.91 15.58 45.56 449.65
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) 2.37
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 2.60 3.01 3.46
Sharpe Ratio 1.20
Information Ratio -1.33
Tracking Error 0.59

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

3 YR 5 YR 10 YR
Beta Bull 0.95
Beta Bear 0.64
Bull Bear Capture Ratio 0.98
% of Positive Months 72.22
Gains/Losses 3.86
Maximum Drawdown
1.35

SALES CHARGE, EXPENSES & FEES As of 07/01/2019 (updated annually)

Gross Expense Ratio 0.63%
Net Expense Ratio [further-information] 0.63%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 1.20
Standard Deviation 2.37

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index