Franklin Tennessee Municipal Bond Fund

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

Month EndAs of 01/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/10/1994
Fund without Sales Charge (%) (NAV) 7.25 3.47 2.40 3.54 4.77
Fund with Sales Charge (%) (POP) 7.25 3.47 2.40 3.54 4.77
Bloomberg Barclays Municipal Bond Index (%) 8.65 5.12 3.53 4.47 5.30
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/10/1994
Fund without Sales Charge (%) (NAV) 6.05 3.09 2.35 3.39 4.72
Fund with Sales Charge (%) (POP) 6.05 3.09 2.35 3.39 4.72
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.24

Calendar Year Returns

2019 2018 2017 2016
Fund without Sales Charge (%) (NAV) 6.05 0.62 2.66 1.08
Fund with Sales Charge (%) (POP) 6.05 0.62 2.66 1.08
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45 0.25

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 01/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/10/1994
Fund without Sales Charge (%) (NAV) 1.68 7.25 10.77 12.60 41.54 231.63
Fund with Sales Charge (%) (POP) 1.68 7.25 10.77 12.60 41.54 231.63
Bloomberg Barclays Municipal Bond Index (%) 1.80 8.65 16.15 18.96 54.89 277.44
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/10/1994
Fund without Sales Charge (%) (NAV) 6.05 6.05 9.55 12.31 39.52 226.15
Fund with Sales Charge (%) (POP) 6.05 6.05 9.55 12.31 39.52 226.15
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 270.78

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

Month EndAs of 01/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.25 3.47 2.40 3.54
Fund without Sales Charge (%) (NAV) After Shares Sold 5.63 3.41 2.60 3.55
Fund with Sales Charge (%) (POP) Before Shares Sold 7.25 3.47 2.40 3.54
Fund with Sales Charge (%) (POP) After Shares Sold 5.63 3.41 2.60 3.55
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.05 3.09 2.35 3.39
Fund without Sales Charge (%) (NAV) After Shares Sold 4.94 3.13 2.57 3.44
Fund with Sales Charge (%) (POP) Before Shares Sold 6.05 3.09 2.35 3.39
Fund with Sales Charge (%) (POP) After Shares Sold 4.94 3.13 2.57 3.44

SALES CHARGE, EXPENSES & FEES As of 10/01/2019 (updated annually)

Gross Expense Ratio 0.68%
Net Expense Ratio [further-information] 0.68%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 01/31/2020 Updated Monthly, based on a 3-year period

Beta 0.77
Sharpe Ratio 0.87
Standard Deviation 2.08

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index