Franklin Kentucky 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 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/12/1991
Fund without Sales Charge (%) (NAV) 5.61 3.22 2.46 3.59 4.89
Fund with Sales Charge (%) (POP) 1.63 1.90 1.68 3.19 4.75
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.44
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/12/1991
Fund without Sales Charge (%) (NAV) 5.61 3.22 2.46 3.59 4.89
Fund with Sales Charge (%) (POP) 1.63 1.90 1.68 3.19 4.75
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.44

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.61 1.06 3.02 1.13 1.56 10.24 -5.14 7.89 10.08 1.42
Fund with Sales Charge (%) (POP) 1.63 -3.27 -1.38 -3.17 -2.75 5.56 -9.20 3.27 5.40 -2.87
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 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/12/1991
Fund without Sales Charge (%) (NAV) 5.61 5.61 9.96 12.94 42.27 285.05
Fund with Sales Charge (%) (POP) 1.63 1.63 5.82 8.69 36.95 270.60
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 345.96
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/12/1991
Fund without Sales Charge (%) (NAV) 5.61 5.61 9.96 12.94 42.27 285.05
Fund with Sales Charge (%) (POP) 1.63 1.63 5.82 8.69 36.95 270.60
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 345.96

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

Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.62 3.22 2.46 3.59
Fund without Sales Charge (%) (NAV) After Shares Sold 4.62 3.22 2.67 3.62
Fund with Sales Charge (%) (POP) Before Shares Sold 1.63 1.90 1.68 3.20
Fund with Sales Charge (%) (POP) After Shares Sold 2.21 2.20 2.05 3.29
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.62 3.22 2.46 3.59
Fund without Sales Charge (%) (NAV) After Shares Sold 4.62 3.22 2.67 3.62
Fund with Sales Charge (%) (POP) Before Shares Sold 1.63 1.90 1.68 3.20
Fund with Sales Charge (%) (POP) After Shares Sold 2.21 2.20 2.05 3.29

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

Gross Expense Ratio 0.81%
Net Expense Ratio [further-information] 0.81%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.88
Standard Deviation 1.82

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index