Franklin Tennessee Municipal Bond Fund

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/10/1994
Fund without Sales Charge (%) (NAV) 5.79 2.91 2.24 3.34 4.68
Fund with Sales Charge (%) (POP) 1.82 1.61 1.46 2.94 4.53
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.24
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/10/1994
Fund without Sales Charge (%) (NAV) 5.79 2.91 2.24 3.34 4.68
Fund with Sales Charge (%) (POP) 1.82 1.61 1.46 2.94 4.53
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.24

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 5.79 0.56
Fund with Sales Charge (%) (POP) 1.82 -3.71
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/10/1994
Fund without Sales Charge (%) (NAV) 5.79 5.79 9.00 11.70 38.84 223.36
Fund with Sales Charge (%) (POP) 1.82 1.82 4.91 7.51 33.64 211.24
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 270.78
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/10/1994
Fund without Sales Charge (%) (NAV) 5.79 5.79 9.00 11.70 38.84 223.36
Fund with Sales Charge (%) (POP) 1.82 1.82 4.91 7.51 33.64 211.24
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 270.78

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.79 2.91 2.24 3.34
Fund without Sales Charge (%) (NAV) After Shares Sold 4.68 2.96 2.46 3.39
Fund with Sales Charge (%) (POP) Before Shares Sold 1.82 1.61 1.46 2.94
Fund with Sales Charge (%) (POP) After Shares Sold 2.28 1.94 1.85 3.06
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.79 2.91 2.24 3.34
Fund without Sales Charge (%) (NAV) After Shares Sold 4.68 2.96 2.46 3.39
Fund with Sales Charge (%) (POP) Before Shares Sold 1.82 1.61 1.46 2.94
Fund with Sales Charge (%) (POP) After Shares Sold 2.28 1.94 1.85 3.06

SALES CHARGE, EXPENSES & FEES As of 10/01/2019 (updated annually)

Gross Expense Ratio 0.93%
Net Expense Ratio [further-information] 0.93%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.73
Sharpe Ratio 0.68
Standard Deviation 1.90

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index