Franklin Oregon 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 03/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.25 3.30 3.12 3.41 5.24
Fund with Sales Charge (%) (POP) 0.35 1.97 2.33 3.01 5.11
Bloomberg Barclays Municipal Bond Index (%) 3.98 3.81 3.74 4.14 5.87
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.26 3.33 2.64 3.46 5.21
Fund with Sales Charge (%) (POP) 0.32 2.02 1.85 3.06 5.09
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.85

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.26 0.72 3.74 0.99 2.32 9.78 -6.27 6.88 11.01 1.19
Fund with Sales Charge (%) (POP) 2.28 -3.04 -0.65 -3.34 -2.01 5.15 -10.26 2.34 6.28 -3.08
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 03/31/2020

Month EndAs of 05/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 1.83 4.25 10.22 16.59 39.83 432.04
Fund with Sales Charge (%) (POP) -1.95 0.35 6.04 12.23 34.55 411.87
Bloomberg Barclays Municipal Bond Index (%) 1.24 3.98 11.87 20.17 49.98 548.50
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 0.29 4.26 10.31 13.91 40.48 424.01
Fund with Sales Charge (%) (POP) -3.43 0.32 6.18 9.61 35.23 404.14
Bloomberg Barclays Municipal Bond Index (%) -0.63 3.85 12.35 17.00 50.11 536.49

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.25 3.30 3.12 3.41
Fund without Sales Charge (%) (NAV) After Shares Sold 3.61 3.23 3.14 3.45
Fund with Sales Charge (%) (POP) Before Shares Sold 0.35 1.97 2.33 3.01
Fund with Sales Charge (%) (POP) After Shares Sold 1.26 2.20 2.51 3.12
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.26 3.33 2.64 3.46
Fund without Sales Charge (%) (NAV) After Shares Sold 3.69 3.27 2.77 3.50
Fund with Sales Charge (%) (POP) Before Shares Sold 0.32 2.02 1.85 3.06
Fund with Sales Charge (%) (POP) After Shares Sold 1.32 2.25 2.15 3.17

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

Gross Expense Ratio 0.65%
Net Expense Ratio [further-information] 0.65%
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 0.54
Standard Deviation 3.55

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index