Franklin North Carolina Tax-Free Income Fund

This fund or share class has been closed to new investors.

This fund or share class has been closed to new investors.

Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 5.75 1.59 2.58 3.61 5.33
Fund with Sales Charge (%) (POP) 1.78 0.31 1.79 3.22 5.21
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.93
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 5.75 1.59 2.58 3.61 5.33
Fund with Sales Charge (%) (POP) 1.78 0.31 1.79 3.22 5.21
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.93

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.27 1.56 1.15 1.55 8.67 -6.75 6.98 11.28 0.85 17.01
Fund with Sales Charge (%) (POP) -3.05 -2.78 -3.15 -2.77 4.03 -10.69 2.40 6.56 -3.45 12.04
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

Cumulative Total Returns [further-information] As of 06/30/2019

Month EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 4.30 5.75 4.83 13.56 42.57 422.88
Fund with Sales Charge (%) (POP) 0.37 1.78 0.92 9.29 37.26 403.30
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 525.99
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 4.30 5.75 4.83 13.56 42.57 422.88
Fund with Sales Charge (%) (POP) 0.37 1.78 0.92 9.29 37.26 403.30
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 525.99

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.75 1.59 2.58 3.61
Fund without Sales Charge (%) (NAV) After Shares Sold 4.68 1.95 2.76 3.65
Fund with Sales Charge (%) (POP) Before Shares Sold 1.78 0.31 1.79 3.22
Fund with Sales Charge (%) (POP) After Shares Sold 2.28 0.96 2.14 3.33
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.75 1.59 2.58 3.61
Fund without Sales Charge (%) (NAV) After Shares Sold 4.68 1.95 2.76 3.65
Fund with Sales Charge (%) (POP) Before Shares Sold 1.78 0.31 1.79 3.22
Fund with Sales Charge (%) (POP) After Shares Sold 2.28 0.96 2.14 3.33

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

Gross Expense Ratio 0.68%
Net Expense Ratio [further-information] 0.68%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 06/30/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.09
Standard Deviation 2.34

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index

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