Franklin Connecticut 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 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/03/1988
Fund without Sales Charge (%) (NAV) 6.70 3.16 2.48 3.18 4.88
Fund with Sales Charge (%) (POP) 2.71 1.85 1.70 2.79 4.76
Bloomberg Barclays Municipal Bond Index (%) 9.46 5.32 4.01 4.51 5.90
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/03/1988
Fund without Sales Charge (%) (NAV) 5.14 2.63 2.02 3.04 4.83
Fund with Sales Charge (%) (POP) 1.19 1.35 1.23 2.65 4.70
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.83

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.14 0.88 1.94 1.13 1.07 9.49 -6.11 6.28 10.31 1.33
Fund with Sales Charge (%) (POP) 1.19 -2.91 -2.39 -3.15 -3.19 4.83 -10.13 1.80 5.60 -2.97
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 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 2.43 6.70 9.80 13.01 36.71 347.32
Fund with Sales Charge (%) (POP) -1.44 2.71 5.64 8.80 31.63 330.53
Bloomberg Barclays Municipal Bond Index (%) 3.11 9.46 16.83 21.75 55.38 505.17
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 5.14 5.14 8.11 10.50 34.95 336.70
Fund with Sales Charge (%) (POP) 1.19 1.19 4.10 6.31 29.91 320.31
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 486.92

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

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.70 3.16 2.48 3.18
Fund without Sales Charge (%) (NAV) After Shares Sold 5.30 3.18 2.66 3.28
Fund with Sales Charge (%) (POP) Before Shares Sold 2.71 1.85 1.70 2.79
Fund with Sales Charge (%) (POP) After Shares Sold 2.89 2.15 2.05 2.96
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.14 2.63 2.02 3.04
Fund without Sales Charge (%) (NAV) After Shares Sold 4.40 2.79 2.32 3.18
Fund with Sales Charge (%) (POP) Before Shares Sold 1.19 1.35 1.23 2.65
Fund with Sales Charge (%) (POP) After Shares Sold 2.01 1.78 1.71 2.86

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

Gross Expense Ratio 0.77%
Net Expense Ratio [further-information] 0.77%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.82
Standard Deviation 1.80

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index