Franklin Missouri 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 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.56 3.37 2.76 3.56 5.42
Fund with Sales Charge (%) (POP) 2.59 2.05 1.98 3.17 5.30
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.91
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.56 3.37 2.76 3.56 5.42
Fund with Sales Charge (%) (POP) 2.59 2.05 1.98 3.17 5.30
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.91

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.56 1.46 2.15 1.35 2.37 9.08 -5.83 6.83 11.65 1.06
Fund with Sales Charge (%) (POP) 2.59 -2.82 -2.19 -2.94 -1.99 4.47 -9.87 2.28 6.92 -3.24
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 12/31/2019

Month EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 6.56 6.56 10.44 14.59 41.88 450.90
Fund with Sales Charge (%) (POP) 2.59 2.59 6.27 10.31 36.61 430.42
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 540.53
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 6.56 6.56 10.44 14.59 41.88 450.90
Fund with Sales Charge (%) (POP) 2.59 2.59 6.27 10.31 36.61 430.42
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 540.53

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 6.56 3.36 2.76 3.56
Fund without Sales Charge (%) (NAV) After Shares Sold 5.15 3.31 2.88 3.59
Fund with Sales Charge (%) (POP) Before Shares Sold 2.59 2.05 1.98 3.17
Fund with Sales Charge (%) (POP) After Shares Sold 2.76 2.28 2.27 3.27
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.56 3.36 2.76 3.56
Fund without Sales Charge (%) (NAV) After Shares Sold 5.15 3.31 2.88 3.59
Fund with Sales Charge (%) (POP) Before Shares Sold 2.59 2.05 1.98 3.17
Fund with Sales Charge (%) (POP) After Shares Sold 2.76 2.28 2.27 3.27

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

Gross Expense Ratio 0.69%
Net Expense Ratio [further-information] 0.69%
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

Sharpe Ratio 0.84
Standard Deviation 2.08

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index