Franklin North Carolina Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.99 2.10 2.56 3.16 5.37
Fund with Sales Charge (%) (POP) 6.99 2.10 2.56 3.16 5.37
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.99 2.10 2.56 3.16 5.37
Fund with Sales Charge (%) (POP) 6.99 2.10 2.56 3.16 5.37
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.94

Calendar Year Returns

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

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 5.84 6.99 6.44 13.47 36.45 435.85
Fund with Sales Charge (%) (POP) 5.84 6.99 6.44 13.47 36.45 435.85
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 5.84 6.99 6.44 13.47 36.45 435.85
Fund with Sales Charge (%) (POP) 5.84 6.99 6.44 13.47 36.45 435.85
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 535.85

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.99 2.10 2.56 3.16
Fund without Sales Charge (%) (NAV) After Shares Sold 5.44 2.35 2.75 3.28
Fund with Sales Charge (%) (POP) Before Shares Sold 6.99 2.10 2.56 3.16
Fund with Sales Charge (%) (POP) After Shares Sold 5.44 2.35 2.75 3.28
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.99 2.10 2.56 3.16
Fund without Sales Charge (%) (NAV) After Shares Sold 5.44 2.35 2.75 3.28
Fund with Sales Charge (%) (POP) Before Shares Sold 6.99 2.10 2.56 3.16
Fund with Sales Charge (%) (POP) After Shares Sold 5.44 2.35 2.75 3.28

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

Gross Expense Ratio 0.56%
Net Expense Ratio [further-information] 0.54%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.69
Sharpe Ratio 0.26
Standard Deviation 2.52

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index