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 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) 2.36 2.93 2.77 3.49 5.34
Fund with Sales Charge (%) (POP) -1.51 1.62 1.99 3.10 5.22
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) 4.66 3.59 2.75 3.70 5.38
Fund with Sales Charge (%) (POP) 0.74 2.29 1.97 3.30 5.26
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) 6.80 1.13 3.31 0.64 2.60 9.69 -5.35 7.08 12.00 1.14
Fund with Sales Charge (%) (POP) 2.82 -2.64 -1.06 -3.66 -1.73 5.01 -9.34 2.50 7.26 -3.18
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) 0.23 2.36 9.05 14.66 40.92 449.19
Fund with Sales Charge (%) (POP) -3.54 -1.51 4.94 10.33 35.67 428.73
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) 0.59 4.66 11.16 14.50 43.76 451.13
Fund with Sales Charge (%) (POP) -3.20 0.74 7.02 10.23 38.36 430.61
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 2.36 2.93 2.77 3.49
Fund without Sales Charge (%) (NAV) After Shares Sold 2.55 2.97 2.90 3.54
Fund with Sales Charge (%) (POP) Before Shares Sold -1.51 1.62 1.99 3.10
Fund with Sales Charge (%) (POP) After Shares Sold 0.22 1.95 2.27 3.21
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.66 3.59 2.75 3.70
Fund without Sales Charge (%) (NAV) After Shares Sold 4.00 3.49 2.88 3.71
Fund with Sales Charge (%) (POP) Before Shares Sold 0.74 2.29 1.97 3.30
Fund with Sales Charge (%) (POP) After Shares Sold 1.63 2.47 2.26 3.38

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

Gross Expense Ratio 0.71%
Net Expense Ratio [further-information] 0.71%
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 0.50
Standard Deviation 3.36

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index