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Nasdaq - Delayed Quote USD

Franklin Louisiana Tax Free Income A (FQLAX)

9.91
+0.04
+(0.41%)
At close: 8:00:57 PM EDT

Fund Summary

The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. In addition, under normal market conditions, it invests at least 80% of its total assets in securities that pay interest free from the personal income taxes, if any, of Louisiana. The fund also may invest up to 35% of its total assets in municipal securities issued by U.S. territories.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 6.64%
Worst 1Y Total Return --
Number of Years Up 5
Number of Years Down 1

Performance & Risk

YTD Return -2.23%
5y Average Return 0.29%
Rank in Category (ytd) 23
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.09
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
FQLAXCategory AverageFQLAXCategory AverageFQLAXCategory Average
Alpha -0.38 -0.01 -0.72 -0 -0.69 -0.01
BETA 1.09 0.01 1.06 0.01 1 0.01
Mean Annual Return 0.1 0 0.04 0 0.13 0
R-squared 97.24 0.96 96.07 0.95 94.95 0.92
Standard Deviation 8.07 0.04 6.86 0.04 5.25 0.04
Sharpe Ratio -0.42 0.01 -0.34 0 -0.08 0.01
Treynor Ratio -3.46 0.03 -2.42 0.02 -0.56 0.03

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