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 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 12/01/1986
Fund without Sales Charge (%) (NAV) 6.35 2.21 3.01 3.98 5.27
Fund with Sales Charge (%) (POP) 2.37 0.91 2.22 3.59 5.15
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 5.85
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 12/01/1986
Fund without Sales Charge (%) (NAV) 4.95 1.72 2.99 4.09 5.24
Fund with Sales Charge (%) (POP) 1.03 0.43 2.21 3.69 5.11
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.81

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.40 2.39 1.80 1.89 10.62 -6.15 7.42 11.65 1.04 15.87
Fund with Sales Charge (%) (POP) -2.91 -1.99 -2.57 -2.40 5.90 -10.18 2.85 6.90 -3.22 10.93
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 12/01/1986
Fund without Sales Charge (%) (NAV) 5.82 6.35 6.77 15.97 47.77 437.95
Fund with Sales Charge (%) (POP) 1.84 2.37 2.75 11.58 42.25 417.76
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 544.13
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/01/1986
Fund without Sales Charge (%) (NAV) 3.80 4.95 5.25 15.89 49.28 427.67
Fund with Sales Charge (%) (POP) -0.11 1.03 1.29 11.56 43.73 407.87
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 529.06

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 6.35 2.21 3.01 3.98
Fund without Sales Charge (%) (NAV) After Shares Sold 5.23 2.52 3.17 4.00
Fund with Sales Charge (%) (POP) Before Shares Sold 2.37 0.91 2.22 3.59
Fund with Sales Charge (%) (POP) After Shares Sold 2.82 1.51 2.54 3.67
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.95 1.72 2.99 4.09
Fund without Sales Charge (%) (NAV) After Shares Sold 4.43 2.16 3.18 4.10
Fund with Sales Charge (%) (POP) Before Shares Sold 1.03 0.43 2.21 3.69
Fund with Sales Charge (%) (POP) After Shares Sold 2.05 1.15 2.56 3.78

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 0.31
Standard Deviation 2.33

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index