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 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/12/1991
Fund without Sales Charge (%) (NAV) 7.15 2.45 2.81 3.93 4.97
Fund with Sales Charge (%) (POP) 3.11 1.17 2.02 3.53 4.83
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 5.51
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/12/1991
Fund without Sales Charge (%) (NAV) 5.16 1.88 2.81 4.00 4.92
Fund with Sales Charge (%) (POP) 1.20 0.57 2.03 3.60 4.78
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.46

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.06 3.02 1.13 1.56 10.24 -5.14 7.89 10.08 1.42 14.47
Fund with Sales Charge (%) (POP) -3.27 -1.38 -3.17 -2.75 5.56 -9.20 3.27 5.40 -2.87 9.59
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 10/12/1991
Fund without Sales Charge (%) (NAV) 6.08 7.15 7.55 14.86 47.03 286.74
Fund with Sales Charge (%) (POP) 2.07 3.11 3.56 10.54 41.46 272.22
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 346.28
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/12/1991
Fund without Sales Charge (%) (NAV) 3.96 5.16 5.73 14.88 48.00 279.00
Fund with Sales Charge (%) (POP) 0.03 1.20 1.73 10.59 42.41 264.78
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 335.84

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 7.15 2.45 2.81 3.93
Fund without Sales Charge (%) (NAV) After Shares Sold 5.55 2.64 2.95 3.90
Fund with Sales Charge (%) (POP) Before Shares Sold 3.11 1.17 2.02 3.53
Fund with Sales Charge (%) (POP) After Shares Sold 3.11 1.64 2.32 3.57
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.16 1.88 2.81 4.00
Fund without Sales Charge (%) (NAV) After Shares Sold 4.37 2.21 2.97 3.98
Fund with Sales Charge (%) (POP) Before Shares Sold 1.20 0.58 2.03 3.60
Fund with Sales Charge (%) (POP) After Shares Sold 1.98 1.19 2.35 3.64

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

Sharpe Ratio 0.42
Standard Deviation 2.35

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index