Franklin Tennessee Municipal Bond 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 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/10/1994
Fund without Sales Charge (%) (NAV) 3.07 2.93 2.72 3.20 4.67
Fund with Sales Charge (%) (POP) -0.81 1.63 1.94 2.81 4.51
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.22
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/10/1994
Fund without Sales Charge (%) (NAV) 3.07 2.93 2.72 3.20 4.67
Fund with Sales Charge (%) (POP) -0.81 1.63 1.94 2.81 4.51
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.22

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.95 0.52 2.47 1.06 1.42 9.58 -5.42 6.93 11.33 0.68
Fund with Sales Charge (%) (POP) 1.95 -3.27 -1.87 -3.22 -2.86 4.90 -9.42 2.35 6.62 -3.62
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 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/10/1994
Fund without Sales Charge (%) (NAV) 1.43 3.07 9.05 14.35 37.04 229.46
Fund with Sales Charge (%) (POP) -2.39 -0.81 4.96 10.06 31.91 217.09
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 278.48
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/10/1994
Fund without Sales Charge (%) (NAV) 1.43 3.07 9.05 14.35 37.04 229.46
Fund with Sales Charge (%) (POP) -2.39 -0.81 4.96 10.06 31.91 217.09
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 278.48

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.07 2.93 2.72 3.20
Fund without Sales Charge (%) (NAV) After Shares Sold 2.96 2.96 2.83 3.27
Fund with Sales Charge (%) (POP) Before Shares Sold -0.82 1.63 1.93 2.81
Fund with Sales Charge (%) (POP) After Shares Sold 0.62 1.94 2.21 2.94
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.07 2.93 2.72 3.20
Fund without Sales Charge (%) (NAV) After Shares Sold 2.96 2.96 2.83 3.27
Fund with Sales Charge (%) (POP) Before Shares Sold -0.82 1.63 1.93 2.81
Fund with Sales Charge (%) (POP) After Shares Sold 0.62 1.94 2.21 2.94

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

Gross Expense Ratio 0.78%
Net Expense Ratio [further-information] 0.78%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.40
Standard Deviation 3.24

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index