Franklin Minnesota Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 4.62 3.56 2.70 3.63 5.60
Fund with Sales Charge (%) (POP) 4.62 3.56 2.70 3.63 5.60
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 4.62 3.56 2.70 3.63 5.60
Fund with Sales Charge (%) (POP) 4.62 3.56 2.70 3.63 5.60

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.62 3.56 2.70 3.63
Fund without Sales Charge (%) (NAV) After Shares Sold 3.85 3.41 2.76 3.57
Fund with Sales Charge (%) (POP) Before Shares Sold 4.62 3.56 2.70 3.63
Fund with Sales Charge (%) (POP) After Shares Sold 3.85 3.41 2.76 3.57
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.62 3.56 2.70 3.63
Fund without Sales Charge (%) (NAV) After Shares Sold 3.85 3.41 2.76 3.57
Fund with Sales Charge (%) (POP) Before Shares Sold 4.62 3.56 2.70 3.63
Fund with Sales Charge (%) (POP) After Shares Sold 3.85 3.41 2.76 3.57

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.77 0.50 4.04 0.37 2.25 8.27 -3.60 6.71 11.03 1.30
Fund with Sales Charge (%) (POP) 6.77 0.50 4.04 0.37 2.25 8.27 -3.60 6.71 11.03 1.30
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 03/31/2020

Month EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 0.60 0.60 4.62 11.08 14.23 42.82 572.89
Fund with Sales Charge (%) (POP) 0.60 0.60 4.62 11.08 14.23 42.82 572.89
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 0.60 0.60 4.62 11.08 14.23 42.82 572.89
Fund with Sales Charge (%) (POP) 0.60 0.60 4.62 11.08 14.23 42.82 572.89

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.97 2.84 3.52
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.48 3.48 3.68
Sharpe Ratio 0.63 0.56 0.87
Information Ratio -0.45 -0.55 -0.67
Tracking Error 0.86 0.88 0.76

ADDITIONAL RISK STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.99 0.95 1.06
Beta Bear 0.60 0.67 0.81
Bull Bear Capture Ratio 1.01 1.00 0.95
Gains/Losses 2.36 2.10 2.21

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

Gross Expense Ratio 0.58%
Net Expense Ratio [further-information] 0.58%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.63
Standard Deviation 2.97

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index