Franklin Louisiana 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 09/30/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 8.56 2.81 3.03 3.89 5.42
Fund with Sales Charge (%) (POP) 4.47 1.50 2.25 3.50 5.30
Bloomberg Barclays Municipal Bond Index (%) 9.42 3.62 3.55 4.40 5.93
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 7.98 2.56 3.16 3.70 5.44
Fund with Sales Charge (%) (POP) 3.94 1.26 2.37 3.30 5.31
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.94

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.13 3.31 0.64 2.60 9.69 -5.35 7.08 12.00 1.14 16.72
Fund with Sales Charge (%) (POP) -3.15 -1.06 -3.66 -1.73 5.01 -9.34 2.50 7.26 -3.18 11.71
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

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

Month EndAs of 10/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 6.49 8.56 8.68 16.12 46.51 446.32
Fund with Sales Charge (%) (POP) 2.53 4.47 4.56 11.75 41.07 425.97
Bloomberg Barclays Municipal Bond Index (%) 6.94 9.42 11.24 19.08 53.88 536.99
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 6.52 7.98 7.89 16.83 43.75 446.48
Fund with Sales Charge (%) (POP) 2.56 3.94 3.84 12.42 38.41 426.12
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 535.85

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

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.56 2.81 3.03 3.89
Fund without Sales Charge (%) (NAV) After Shares Sold 6.41 2.90 3.12 3.88
Fund with Sales Charge (%) (POP) Before Shares Sold 4.47 1.50 2.25 3.50
Fund with Sales Charge (%) (POP) After Shares Sold 3.93 1.88 2.50 3.55
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.98 2.56 3.16 3.70
Fund without Sales Charge (%) (NAV) After Shares Sold 6.06 2.71 3.22 3.72
Fund with Sales Charge (%) (POP) Before Shares Sold 3.94 1.27 2.37 3.30
Fund with Sales Charge (%) (POP) After Shares Sold 3.62 1.70 2.60 3.39

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

Gross Expense Ratio 0.73%
Net Expense Ratio [further-information] 0.73%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.42
Standard Deviation 2.98

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index