Franklin Massachusetts Tax-Free Income Fund

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

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 9.65 4.77 3.71 4.13 5.63
Fund with Sales Charge (%) (POP) 9.65 4.77 3.71 4.13 5.63
Bloomberg Barclays Municipal Bond Index (%) 9.46 5.32 4.01 4.51 6.54
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 7.00 3.84 3.09 3.85 5.56
Fund with Sales Charge (%) (POP) 7.00 3.84 3.09 3.85 5.56
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 6.48

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 7.00 -0.09 4.73 1.13 2.85 11.47 -5.29 7.30 11.26 -0.55
Fund with Sales Charge (%) (POP) 7.00 -0.09 4.73 1.13 2.85 11.47 -5.29 7.30 11.26 -0.55
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 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 3.48 9.65 15.01 20.00 49.88 577.44
Fund with Sales Charge (%) (POP) 3.48 9.65 15.01 20.00 49.88 577.44
Bloomberg Barclays Municipal Bond Index (%) 3.11 9.46 16.83 21.75 55.38 812.79
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 7.00 7.00 11.96 16.45 45.96 554.67
Fund with Sales Charge (%) (POP) 7.00 7.00 11.96 16.45 45.96 554.67
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 785.26

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

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.66 4.77 3.71 4.13
Fund without Sales Charge (%) (NAV) After Shares Sold 6.98 4.38 3.59 4.01
Fund with Sales Charge (%) (POP) Before Shares Sold 9.66 4.77 3.71 4.13
Fund with Sales Charge (%) (POP) After Shares Sold 6.98 4.38 3.59 4.01
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.00 3.84 3.09 3.85
Fund without Sales Charge (%) (NAV) After Shares Sold 5.45 3.68 3.12 3.80
Fund with Sales Charge (%) (POP) Before Shares Sold 7.00 3.84 3.09 3.85
Fund with Sales Charge (%) (POP) After Shares Sold 5.45 3.68 3.12 3.80

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

Gross Expense Ratio 0.61%
Net Expense Ratio [further-information] 0.61%
Max Initial Sales Charge 0.00%
CDSC

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

Sharpe Ratio 1.12
Standard Deviation 2.76

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index