Franklin Pennsylvania Tax-Free Income 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 12/01/1986
Fund without Sales Charge (%) (NAV) 6.74 3.44 2.55 3.85 5.27
Fund with Sales Charge (%) (POP) 6.74 3.44 2.55 3.85 5.27
Bloomberg Barclays Municipal Bond Index (%) 8.65 5.12 3.53 4.47 5.83
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/01/1986
Fund without Sales Charge (%) (NAV) 5.63 3.19 2.69 3.75 5.24
Fund with Sales Charge (%) (POP) 5.63 3.19 2.69 3.75 5.24
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.79

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.63 1.39 2.59 1.89 1.99 10.72 -6.05 7.62 11.64 1.23
Fund with Sales Charge (%) (POP) 5.63 1.39 2.59 1.89 1.99 10.72 -6.05 7.62 11.64 1.23
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 01/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/01/1986
Fund without Sales Charge (%) (NAV) 1.37 6.74 10.69 13.40 45.91 449.70
Fund with Sales Charge (%) (POP) 1.37 6.74 10.69 13.40 45.91 449.70
Bloomberg Barclays Municipal Bond Index (%) 1.80 8.65 16.15 18.96 54.89 555.24
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/01/1986
Fund without Sales Charge (%) (NAV) 5.63 5.63 9.87 14.17 44.45 442.27
Fund with Sales Charge (%) (POP) 5.63 5.63 9.87 14.17 44.45 442.27
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 543.67

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 6.74 3.44 2.55 3.85
Fund without Sales Charge (%) (NAV) After Shares Sold 5.42 3.49 2.80 3.90
Fund with Sales Charge (%) (POP) Before Shares Sold 6.74 3.44 2.55 3.85
Fund with Sales Charge (%) (POP) After Shares Sold 5.42 3.49 2.80 3.90
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.63 3.19 2.69 3.75
Fund without Sales Charge (%) (NAV) After Shares Sold 4.79 3.30 2.93 3.82
Fund with Sales Charge (%) (POP) Before Shares Sold 5.63 3.19 2.69 3.75
Fund with Sales Charge (%) (POP) After Shares Sold 4.79 3.30 2.93 3.82

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 01/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.94
Standard Deviation 1.91

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index