Franklin Michigan 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 —

Month EndAs of — 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV)
Fund with Sales Charge (%) (POP)
Quarter EndAs of — 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV)
Fund with Sales Charge (%) (POP)

Calendar Year Returns

Calendar Year Return data is not yet available for this fund.

Cumulative Total Returns [further-information] As of 06/30/2020

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 08/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 3.62 3.31 12.89 19.36 38.08 587.50
Fund with Sales Charge (%) (POP) -0.30 -0.55 8.64 14.93 32.86 561.69
Bloomberg Barclays Municipal Bond Index (%) 3.31 3.24 12.78 21.61 47.68 814.55
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) 2.66 4.86 12.93 18.02 40.56 581.14
Fund with Sales Charge (%) (POP) -1.22 0.95 8.66 13.58 35.26 555.58
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 08/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.32 4.12 3.60 3.28
Fund without Sales Charge (%) (NAV) After Shares Sold 3.03 3.84 3.49 3.31
Fund with Sales Charge (%) (POP) Before Shares Sold -0.55 2.80 2.82 2.88
Fund with Sales Charge (%) (POP) After Shares Sold 0.70 2.81 2.87 2.98
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.86 4.13 3.37 3.46
Fund without Sales Charge (%) (NAV) After Shares Sold 3.97 3.86 3.32 3.47
Fund with Sales Charge (%) (POP) Before Shares Sold 0.95 2.81 2.58 3.06
Fund with Sales Charge (%) (POP) After Shares Sold 1.62 2.82 2.69 3.14

SALES CHARGE, EXPENSES & FEES As of (updated annually)

Gross Expense Ratio
Max Initial Sales Charge
CDSC