Franklin New Jersey Tax-Free Income Fund

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

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/12/1988
Fund without Sales Charge (%) (NAV) 8.88 4.46 3.39 3.78 5.48
Fund with Sales Charge (%) (POP) 8.88 4.46 3.39 3.78 5.48
Bloomberg Barclays Municipal Bond Index (%) 9.46 5.32 4.01 4.51 5.96
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/12/1988
Fund without Sales Charge (%) (NAV) 6.63 3.67 2.82 3.55 5.41
Fund with Sales Charge (%) (POP) 6.63 3.67 2.82 3.55 5.41
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.89

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.63 1.63 2.81 1.69 1.43 9.03 -5.40 6.25 10.88 1.54
Fund with Sales Charge (%) (POP) 6.63 1.63 2.81 1.69 1.43 9.03 -5.40 6.25 10.88 1.54
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 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/12/1988
Fund without Sales Charge (%) (NAV) 3.23 8.88 13.97 18.15 44.91 445.97
Fund with Sales Charge (%) (POP) 3.23 8.88 13.97 18.15 44.91 445.97
Bloomberg Barclays Municipal Bond Index (%) 3.11 9.46 16.83 21.75 55.38 529.73
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/12/1988
Fund without Sales Charge (%) (NAV) 6.63 6.63 11.42 14.93 41.80 428.88
Fund with Sales Charge (%) (POP) 6.63 6.63 11.42 14.93 41.80 428.88
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 510.74

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

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.88 4.46 3.39 3.78
Fund without Sales Charge (%) (NAV) After Shares Sold 6.54 4.22 3.44 3.81
Fund with Sales Charge (%) (POP) Before Shares Sold 8.88 4.46 3.39 3.78
Fund with Sales Charge (%) (POP) After Shares Sold 6.54 4.22 3.44 3.81
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.64 3.67 2.82 3.55
Fund without Sales Charge (%) (NAV) After Shares Sold 5.26 3.64 3.01 3.65
Fund with Sales Charge (%) (POP) Before Shares Sold 6.64 3.67 2.82 3.55
Fund with Sales Charge (%) (POP) After Shares Sold 5.26 3.64 3.01 3.65

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

Gross Expense Ratio 0.58%
Net Expense Ratio [further-information] 0.58%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 1.28
Standard Deviation 2.16

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index