Franklin Tennessee Municipal Bond Fund

Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/10/1994
Fund without Sales Charge (%) (NAV) 3.21 3.05 2.81 3.26 4.69
Fund with Sales Charge (%) (POP) 3.21 3.05 2.81 3.26 4.69
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.22
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/10/1994
Fund without Sales Charge (%) (NAV) 3.21 3.05 2.81 3.26 4.69
Fund with Sales Charge (%) (POP) 3.21 3.05 2.81 3.26 4.69
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.22

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 5.99 0.74 2.57
Fund with Sales Charge (%) (POP) 5.99 0.74 2.57
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/10/1994
Fund without Sales Charge (%) (NAV) 1.49 3.21 9.45 14.86 37.78 230.99
Fund with Sales Charge (%) (POP) 1.49 3.21 9.45 14.86 37.78 230.99
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 278.48
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/10/1994
Fund without Sales Charge (%) (NAV) 1.49 3.21 9.45 14.86 37.78 230.99
Fund with Sales Charge (%) (POP) 1.49 3.21 9.45 14.86 37.78 230.99
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 278.48

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.21 3.05 2.81 3.26
Fund without Sales Charge (%) (NAV) After Shares Sold 3.10 3.08 2.92 3.32
Fund with Sales Charge (%) (POP) Before Shares Sold 3.21 3.05 2.81 3.26
Fund with Sales Charge (%) (POP) After Shares Sold 3.10 3.08 2.92 3.32
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.21 3.05 2.81 3.26
Fund without Sales Charge (%) (NAV) After Shares Sold 3.10 3.08 2.92 3.32
Fund with Sales Charge (%) (POP) Before Shares Sold 3.21 3.05 2.81 3.26
Fund with Sales Charge (%) (POP) After Shares Sold 3.10 3.08 2.92 3.32

SALES CHARGE, EXPENSES & FEES As of 10/01/2019 (updated annually)

Gross Expense Ratio 0.66%
Net Expense Ratio [further-information] 0.65%
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 0.82
Sharpe Ratio 0.42
Standard Deviation 3.26

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index