Franklin Tennessee Municipal Bond Fund

Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/10/1994
Fund without Sales Charge (%) (NAV) 6.42 3.03 2.31 3.37 4.69
Fund with Sales Charge (%) (POP) 2.43 1.73 1.53 2.97 4.53
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/10/1994
Fund without Sales Charge (%) (NAV) 6.38 1.80 2.42 3.23 4.72
Fund with Sales Charge (%) (POP) 2.39 0.51 1.64 2.83 4.56
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.27

Calendar Year Returns

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

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 11/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/10/1994
Fund without Sales Charge (%) (NAV) 5.56 6.42 9.37 12.09 39.25 222.68
Fund with Sales Charge (%) (POP) 1.61 2.43 5.27 7.89 34.03 210.58
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/10/1994
Fund without Sales Charge (%) (NAV) 5.49 6.38 5.50 12.70 37.39 222.46
Fund with Sales Charge (%) (POP) 1.54 2.39 1.55 8.47 32.24 210.37
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 268.07

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.42 3.03 2.31 3.37
Fund without Sales Charge (%) (NAV) After Shares Sold 5.07 3.05 2.52 3.42
Fund with Sales Charge (%) (POP) Before Shares Sold 2.43 1.73 1.53 2.97
Fund with Sales Charge (%) (POP) After Shares Sold 2.66 2.03 1.91 3.09
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.38 1.80 2.42 3.23
Fund without Sales Charge (%) (NAV) After Shares Sold 5.06 2.10 2.61 3.30
Fund with Sales Charge (%) (POP) Before Shares Sold 2.39 0.51 1.64 2.83
Fund with Sales Charge (%) (POP) After Shares Sold 2.65 1.10 2.00 2.98

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 11/30/2019 Updated Monthly, based on a 3-year period

Beta 0.72
Sharpe Ratio 0.75
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