Franklin North Carolina 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 09/01/1987
Fund without Sales Charge (%) (NAV) 6.07 3.01 2.38 3.24 5.33
Fund with Sales Charge (%) (POP) 6.07 3.01 2.38 3.24 5.33
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.91
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.07 3.01 2.38 3.24 5.33
Fund with Sales Charge (%) (POP) 6.07 3.01 2.38 3.24 5.33
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.91

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.07 1.36 1.66 1.25 1.66 8.78 -6.58 7.00 11.39 0.95
Fund with Sales Charge (%) (POP) 6.07 1.36 1.66 1.25 1.66 8.78 -6.58 7.00 11.39 0.95
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 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 6.07 6.07 9.30 12.50 37.56 436.66
Fund with Sales Charge (%) (POP) 6.07 6.07 9.30 12.50 37.56 436.66
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 540.53
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 6.07 6.07 9.30 12.50 37.56 436.66
Fund with Sales Charge (%) (POP) 6.07 6.07 9.30 12.50 37.56 436.66
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 540.53

After-Tax 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
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.07 3.01 2.38 3.24
Fund without Sales Charge (%) (NAV) After Shares Sold 4.83 3.05 2.59 3.34
Fund with Sales Charge (%) (POP) Before Shares Sold 6.07 3.01 2.38 3.24
Fund with Sales Charge (%) (POP) After Shares Sold 4.83 3.05 2.59 3.34
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.07 3.01 2.38 3.24
Fund without Sales Charge (%) (NAV) After Shares Sold 4.83 3.05 2.59 3.34
Fund with Sales Charge (%) (POP) Before Shares Sold 6.07 3.01 2.38 3.24
Fund with Sales Charge (%) (POP) After Shares Sold 4.83 3.05 2.59 3.34

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 0.73
Standard Deviation 1.89

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index