Franklin Minnesota 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 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/03/1985
Fund without Sales Charge (%) (NAV) 8.12 2.73 2.98 3.76 5.65
Fund with Sales Charge (%) (POP) 4.05 1.41 2.20 3.36 5.54
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 6.54
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/03/1985
Fund without Sales Charge (%) (NAV) 5.85 1.98 2.79 3.75 5.61
Fund with Sales Charge (%) (POP) 1.88 0.69 2.01 3.36 5.50
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 6.50

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.32 3.94 0.27 2.15 8.17 -3.77 6.61 10.92 1.20 10.62
Fund with Sales Charge (%) (POP) -3.96 -0.46 -4.01 -2.17 3.56 -7.88 2.08 6.24 -3.12 5.88
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

Cumulative Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 7.05 8.12 8.40 15.82 44.62 563.45
Fund with Sales Charge (%) (POP) 3.02 4.05 4.30 11.51 39.20 538.55
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 785.89
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 4.72 5.85 6.07 14.74 44.56 549.03
Fund with Sales Charge (%) (POP) 0.78 1.88 2.07 10.44 39.18 524.67
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 765.16

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.12 2.73 2.98 3.76
Fund without Sales Charge (%) (NAV) After Shares Sold 6.00 2.75 2.98 3.67
Fund with Sales Charge (%) (POP) Before Shares Sold 4.05 1.41 2.20 3.36
Fund with Sales Charge (%) (POP) After Shares Sold 3.55 1.73 2.36 3.34
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.85 1.98 2.79 3.75
Fund without Sales Charge (%) (NAV) After Shares Sold 4.67 2.19 2.84 3.68
Fund with Sales Charge (%) (POP) Before Shares Sold 1.88 0.69 2.01 3.36
Fund with Sales Charge (%) (POP) After Shares Sold 2.27 1.18 2.22 3.35

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

Gross Expense Ratio 0.68%
Net Expense Ratio [further-information] 0.68%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 08/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.42
Standard Deviation 2.98

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index