Franklin Maryland 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 10/03/1988
Fund without Sales Charge (%) (NAV) 7.28 2.31 2.95 3.89 5.18
Fund with Sales Charge (%) (POP) 3.27 1.01 2.16 3.49 5.05
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 5.90
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/03/1988
Fund without Sales Charge (%) (NAV) 5.93 1.86 2.89 4.07 5.14
Fund with Sales Charge (%) (POP) 1.95 0.57 2.11 3.67 5.01
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.85

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.21 2.87 1.15 1.06 10.43 -5.88 6.19 10.91 2.08 19.73
Fund with Sales Charge (%) (POP) -3.13 -1.51 -3.14 -3.21 5.76 -9.88 1.67 6.17 -2.28 14.69
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 10/03/1988
Fund without Sales Charge (%) (NAV) 6.66 7.28 7.08 15.64 46.40 376.64
Fund with Sales Charge (%) (POP) 2.65 3.27 3.06 11.28 40.90 358.75
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 487.34
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 4.57 5.93 5.69 15.29 48.96 367.30
Fund with Sales Charge (%) (POP) 0.63 1.95 1.72 10.99 43.33 349.76
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 473.60

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 7.28 2.31 2.95 3.89
Fund without Sales Charge (%) (NAV) After Shares Sold 5.66 2.50 3.04 3.86
Fund with Sales Charge (%) (POP) Before Shares Sold 3.27 1.01 2.16 3.49
Fund with Sales Charge (%) (POP) After Shares Sold 3.23 1.49 2.42 3.53
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.93 1.86 2.89 4.07
Fund without Sales Charge (%) (NAV) After Shares Sold 4.88 2.18 3.01 4.02
Fund with Sales Charge (%) (POP) Before Shares Sold 1.95 0.57 2.11 3.66
Fund with Sales Charge (%) (POP) After Shares Sold 2.47 1.18 2.39 3.69

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 0.29
Standard Deviation 2.88

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index