Franklin Three Year Return vs. Three Year Return |
Relationship of Three Year Return to One Year Return for Franklin MI TaxFree Inc BFranklin MI TaxFree Inc B is rated below average in three year return among similar funds. It is rated below average in one year return among similar funds reporting about 1.45 of One Year Return per Three Year Return. Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval. One Year Return ComparisonFranklin is rated below average in one year return among similar funds. |
Three Year Return ComparisonFranklin is rated below average in three year return among similar funds.FBMIX NASDAQ Franklin MI TaxFree Inc BOther Franklin Fundamental Comparison |