Franklin Minnesota Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 4.77 3.77 3.28 3.66 5.62
Fund with Sales Charge (%) (POP) 4.77 3.77 3.28 3.66 5.62
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 6.45
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 4.77 3.77 3.28 3.66 5.62
Fund with Sales Charge (%) (POP) 4.77 3.77 3.28 3.66 5.62
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 6.45

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.77 3.77 3.28 3.66
Fund without Sales Charge (%) (NAV) After Shares Sold 3.87 3.55 3.21 3.58
Fund with Sales Charge (%) (POP) Before Shares Sold 4.77 3.77 3.28 3.66
Fund with Sales Charge (%) (POP) After Shares Sold 3.87 3.55 3.21 3.58
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.77 3.77 3.28 3.66
Fund without Sales Charge (%) (NAV) After Shares Sold 3.87 3.55 3.21 3.58
Fund with Sales Charge (%) (POP) Before Shares Sold 4.77 3.77 3.28 3.66
Fund with Sales Charge (%) (POP) After Shares Sold 3.87 3.55 3.21 3.58

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 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 2.11 2.72 4.77 11.75 17.54 43.26 587.06
Fund with Sales Charge (%) (POP) 2.11 2.72 4.77 11.75 17.54 43.26 587.06
Bloomberg Barclays Municipal Bond Index (%) 2.72 2.08 4.45 13.20 21.26 51.12 803.64
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 2.11 2.72 4.77 11.75 17.54 43.26 587.06
Fund with Sales Charge (%) (POP) 2.11 2.72 4.77 11.75 17.54 43.26 587.06
Bloomberg Barclays Municipal Bond Index (%) 2.72 2.08 4.45 13.20 21.26 51.12 803.64

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.67 3.31 3.72
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 3.88 3.75 3.81
Sharpe Ratio 0.58 0.66 0.83
Information Ratio -0.46 -0.67 -0.69
Tracking Error 0.96 0.95 0.80

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

3 YR 5 YR 10 YR
Beta Bull 1.11 1.05 1.08
Beta Bear 0.60 0.66 0.81
Bull Bear Capture Ratio 0.97 0.97 0.94
% of Positive Months 72.22 76.67 68.33
Gains/Losses 2.23 2.24 2.15
Maximum Drawdown
4.05 4.05 7.03

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (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 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.58
Standard Deviation 3.67

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index