Franklin High Yield Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/18/1986
Fund without Sales Charge (%) (NAV) 0.10 2.62 3.02 4.32 5.92
Fund with Sales Charge (%) (POP) 0.10 2.62 3.02 4.32 5.92
Bloomberg Barclays Municipal Bond Index (%) 3.98 3.81 3.74 4.14 5.89
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/18/1986
Fund without Sales Charge (%) (NAV) 1.31 2.94 2.64 4.46 5.92
Fund with Sales Charge (%) (POP) 1.31 2.94 2.64 4.46 5.92
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.86

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 7.83 2.03 3.86 1.14 3.37 14.04 -6.71 11.26 12.55 2.90
Fund with Sales Charge (%) (POP) 7.83 2.03 3.86 1.14 3.37 14.04 -6.71 11.26 12.55 2.90
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 03/31/2020

Month EndAs of 05/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/18/1986
Fund without Sales Charge (%) (NAV) -2.29 0.10 8.06 16.07 52.60 614.91
Fund with Sales Charge (%) (POP) -2.29 0.10 8.06 16.07 52.60 614.91
Bloomberg Barclays Municipal Bond Index (%) 1.24 3.98 11.87 20.17 49.98 608.06
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/18/1986
Fund without Sales Charge (%) (NAV) -3.16 1.31 9.07 13.93 54.63 608.55
Fund with Sales Charge (%) (POP) -3.16 1.31 9.07 13.93 54.63 608.55
Bloomberg Barclays Municipal Bond Index (%) -0.63 3.85 12.35 17.00 50.11 594.95

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.11 2.62 3.02 4.32
Fund without Sales Charge (%) (NAV) After Shares Sold 1.72 3.05 3.36 4.42
Fund with Sales Charge (%) (POP) Before Shares Sold 0.11 2.62 3.02 4.32
Fund with Sales Charge (%) (POP) After Shares Sold 1.72 3.05 3.36 4.42
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.31 2.94 2.64 4.46
Fund without Sales Charge (%) (NAV) After Shares Sold 2.60 3.31 3.06 4.54
Fund with Sales Charge (%) (POP) Before Shares Sold 1.31 2.94 2.64 4.46
Fund with Sales Charge (%) (POP) After Shares Sold 2.60 3.31 3.06 4.54

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 0.54%
Net Expense Ratio [further-information] 0.54%
Max Initial Sales Charge 0.00%
CDSC

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

Sharpe Ratio 0.36
Standard Deviation 5.02

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index