Franklin Pennsylvania 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 12/01/1986
Fund without Sales Charge (%) (NAV) 3.04 3.00 2.87 3.43 5.17
Fund with Sales Charge (%) (POP) -0.86 1.70 2.09 3.04 5.05
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.77
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/01/1986
Fund without Sales Charge (%) (NAV) 3.04 3.00 2.87 3.43 5.17
Fund with Sales Charge (%) (POP) -0.86 1.70 2.09 3.04 5.05
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.77

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.42 1.40 2.39 1.80 1.89 10.62 -6.15 7.42 11.65 1.04
Fund with Sales Charge (%) (POP) 1.45 -2.44 -1.99 -2.57 -2.40 5.90 -10.18 2.85 6.90 -3.22
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 12/01/1986
Fund without Sales Charge (%) (NAV) 1.46 3.04 9.26 15.20 40.17 443.73
Fund with Sales Charge (%) (POP) -2.39 -0.86 5.17 10.88 34.95 423.32
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 557.04
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/01/1986
Fund without Sales Charge (%) (NAV) 1.46 3.04 9.26 15.20 40.17 443.73
Fund with Sales Charge (%) (POP) -2.39 -0.86 5.17 10.88 34.95 423.32
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 557.04

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 3.04 3.00 2.87 3.43
Fund without Sales Charge (%) (NAV) After Shares Sold 3.04 3.10 3.03 3.53
Fund with Sales Charge (%) (POP) Before Shares Sold -0.86 1.69 2.09 3.04
Fund with Sales Charge (%) (POP) After Shares Sold 0.69 2.08 2.41 3.21
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.04 3.00 2.87 3.43
Fund without Sales Charge (%) (NAV) After Shares Sold 3.04 3.10 3.03 3.53
Fund with Sales Charge (%) (POP) Before Shares Sold -0.86 1.69 2.09 3.04
Fund with Sales Charge (%) (POP) After Shares Sold 0.69 2.08 2.41 3.21

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

Gross Expense Ratio 0.67%
Net Expense Ratio [further-information] 0.67%
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 2.91

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index