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 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 7.97 2.67 3.34 4.20 5.47
Fund with Sales Charge (%) (POP) 3.96 1.38 2.55 3.80 5.35
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 5.98
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.12 2.01 3.13 4.28 5.43
Fund with Sales Charge (%) (POP) 2.18 0.73 2.33 3.88 5.30
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.93

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 06/30/2019

Month EndAs of 08/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 7.21 7.97 8.23 17.87 50.87 450.00
Fund with Sales Charge (%) (POP) 3.22 3.96 4.20 13.43 45.18 429.52
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 540.99
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 4.82 6.12 6.14 16.64 52.07 437.73
Fund with Sales Charge (%) (POP) 0.91 2.18 2.19 12.22 46.34 417.70
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 525.99

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.96 2.67 3.34 4.20
Fund without Sales Charge (%) (NAV) After Shares Sold 6.05 2.79 3.37 4.13
Fund with Sales Charge (%) (POP) Before Shares Sold 3.96 1.38 2.55 3.80
Fund with Sales Charge (%) (POP) After Shares Sold 3.63 1.78 2.74 3.79
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.12 2.01 3.13 4.28
Fund without Sales Charge (%) (NAV) After Shares Sold 4.97 2.29 3.22 4.22
Fund with Sales Charge (%) (POP) Before Shares Sold 2.18 0.73 2.33 3.88
Fund with Sales Charge (%) (POP) After Shares Sold 2.59 1.30 2.59 3.88

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 08/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.40
Standard Deviation 3.01

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index