Franklin Pennsylvania 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 12/01/1986
Fund without Sales Charge (%) (NAV) 5.63 3.19 2.69 3.75 5.24
Fund with Sales Charge (%) (POP) 5.63 3.19 2.69 3.75 5.24
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.79
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/01/1986
Fund without Sales Charge (%) (NAV) 5.63 3.19 2.69 3.75 5.24
Fund with Sales Charge (%) (POP) 5.63 3.19 2.69 3.75 5.24
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.79

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) 5.63 1.39 2.59 1.89 1.99 10.72 -6.05 7.62 11.64 1.23
Fund with Sales Charge (%) (POP) 5.63 1.39 2.59 1.89 1.99 10.72 -6.05 7.62 11.64 1.23
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 12/01/1986
Fund without Sales Charge (%) (NAV) 0.19 5.63 5.63 9.87 14.17 44.45 442.27
Fund with Sales Charge (%) (POP) 0.19 5.63 5.63 9.87 14.17 44.45 442.27
Bloomberg Barclays Municipal Bond Index (%) 0.74 7.54 7.54 14.85 18.93 52.95 543.67
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/01/1986
Fund without Sales Charge (%) (NAV) 0.19 5.63 5.63 9.87 14.17 44.45 442.27
Fund with Sales Charge (%) (POP) 0.19 5.63 5.63 9.87 14.17 44.45 442.27
Bloomberg Barclays Municipal Bond Index (%) 0.74 7.54 7.54 14.85 18.93 52.95 543.67

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 1.81 2.31 3.71
Standard Deviation (Bloomberg Barclays Municipal Bond Index) 2.44 3.03 3.42
Sharpe Ratio 0.86 0.72 0.86
Information Ratio -1.54 -0.67 -0.44
Tracking Error 0.99 1.25 1.34

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

3 YR 5 YR 10 YR
Beta Bull 0.70 0.76 1.08
Beta Bear 0.54 0.60 0.94
Bull Bear Capture Ratio 0.96 1.02 0.89
% of Positive Months 69.44 70.00 68.33
Gains/Losses 3.32 2.40 2.21
Maximum Drawdown
0.90 3.11 9.31

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 0.86
Standard Deviation 1.81

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index