Franklin New Jersey Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/12/1988
Fund without Sales Charge (%) (NAV) 6.63 3.67 2.82 3.55 5.41
Fund with Sales Charge (%) (POP) 6.63 3.67 2.82 3.55 5.41
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.89
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/12/1988
Fund without Sales Charge (%) (NAV) 6.63 3.67 2.82 3.55 5.41
Fund with Sales Charge (%) (POP) 6.63 3.67 2.82 3.55 5.41
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.89

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.63 1.63 2.81 1.69 1.43 9.03 -5.40 6.25 10.88 1.54
Fund with Sales Charge (%) (POP) 6.63 1.63 2.81 1.69 1.43 9.03 -5.40 6.25 10.88 1.54
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 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/12/1988
Fund without Sales Charge (%) (NAV) 0.35 6.63 6.63 11.42 14.93 41.80 428.88
Fund with Sales Charge (%) (POP) 0.35 6.63 6.63 11.42 14.93 41.80 428.88
Bloomberg Barclays Municipal Bond Index (%) 0.74 7.54 7.54 14.85 18.93 52.95 510.74
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/12/1988
Fund without Sales Charge (%) (NAV) 0.35 6.63 6.63 11.42 14.93 41.80 428.88
Fund with Sales Charge (%) (POP) 0.35 6.63 6.63 11.42 14.93 41.80 428.88
Bloomberg Barclays Municipal Bond Index (%) 0.74 7.54 7.54 14.85 18.93 52.95 510.74

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 1.90 2.35 3.54
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 2.44 3.03 3.42
Sharpe Ratio 1.08 0.76 0.85
Information Ratio -1.10 -0.59 -0.62
Tracking Error 0.95 1.20 1.26

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.69 0.71 0.98
Beta Bear 0.75 0.64 0.88
Bull Bear Capture Ratio 1.07 1.03 0.87
% of Positive Months 69.44 68.33 68.33
Gains/Losses 3.75 2.46 2.15
Maximum Drawdown
1.08 3.15 8.38

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 12/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 1.08
Standard Deviation 1.90

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index