Franklin North Carolina 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 09/01/1987
Fund without Sales Charge (%) (NAV) 3.70 3.06 2.69 3.11 5.32
Fund with Sales Charge (%) (POP) 3.70 3.06 2.69 3.11 5.32
Bloomberg Barclays Municipal Bond Index (%) 3.98 3.81 3.74 4.14 5.87
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.95 2.82 2.30 3.15 5.30
Fund with Sales Charge (%) (POP) 3.95 2.82 2.30 3.15 5.30
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.85

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 6.01 1.39 1.66
Fund with Sales Charge (%) (POP) 6.01 1.39 1.66
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45

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 09/01/1987
Fund without Sales Charge (%) (NAV) 1.79 3.70 9.46 14.22 35.89 446.33
Fund with Sales Charge (%) (POP) 1.79 3.70 9.46 14.22 35.89 446.33
Bloomberg Barclays Municipal Bond Index (%) 1.24 3.98 11.87 20.17 49.98 548.50
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 0.22 3.95 8.71 12.04 36.41 437.90
Fund with Sales Charge (%) (POP) 0.22 3.95 8.71 12.04 36.41 437.90
Bloomberg Barclays Municipal Bond Index (%) -0.63 3.85 12.35 17.00 50.11 536.49

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 3.70 3.06 2.69 3.11
Fund without Sales Charge (%) (NAV) After Shares Sold 3.31 3.05 2.82 3.22
Fund with Sales Charge (%) (POP) Before Shares Sold 3.70 3.06 2.69 3.11
Fund with Sales Charge (%) (POP) After Shares Sold 3.31 3.05 2.82 3.22
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.95 2.82 2.30 3.15
Fund without Sales Charge (%) (NAV) After Shares Sold 3.53 2.89 2.52 3.27
Fund with Sales Charge (%) (POP) Before Shares Sold 3.95 2.82 2.30 3.15
Fund with Sales Charge (%) (POP) After Shares Sold 3.53 2.89 2.52 3.27

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

Gross Expense Ratio 0.55%
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

Beta 0.80
Sharpe Ratio 0.53
Standard Deviation 3.20

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index