Franklin Massachusetts Tax-Free Income Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

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) 3.83 3.50 3.46 3.66 5.50
Fund with Sales Charge (%) (POP) -0.07 2.18 2.67 3.27 5.39
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) 3.83 3.50 3.46 3.66 5.50
Fund with Sales Charge (%) (POP) -0.07 2.18 2.67 3.27 5.39
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 6.45

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.81 -0.19 4.64 1.03 2.75 11.26 -5.30 7.19 11.05 -0.56
Fund with Sales Charge (%) (POP) 2.84 -3.94 0.15 -3.29 -1.62 6.57 -9.32 2.66 6.33 -4.75
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 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 1.96 3.83 10.86 18.56 43.24 560.19
Fund with Sales Charge (%) (POP) -1.85 -0.07 6.68 14.08 37.93 535.41
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 803.64
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 1.96 3.83 10.86 18.56 43.24 560.19
Fund with Sales Charge (%) (POP) -1.85 -0.07 6.68 14.08 37.93 535.41
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 803.64

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 3.83 3.50 3.47 3.66
Fund without Sales Charge (%) (NAV) After Shares Sold 3.38 3.36 3.38 3.61
Fund with Sales Charge (%) (POP) Before Shares Sold -0.07 2.18 2.67 3.26
Fund with Sales Charge (%) (POP) After Shares Sold 1.03 2.33 2.75 3.28
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.83 3.50 3.47 3.66
Fund without Sales Charge (%) (NAV) After Shares Sold 3.38 3.36 3.38 3.61
Fund with Sales Charge (%) (POP) Before Shares Sold -0.07 2.18 2.67 3.26
Fund with Sales Charge (%) (POP) After Shares Sold 1.03 2.33 2.75 3.28

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 0.72%
Net Expense Ratio [further-information] 0.72%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.47
Standard Deviation 3.94

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index