Franklin California Intermediate-Term 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 09/21/1992
Fund without Sales Charge (%) (NAV) 6.27 1.97 2.86 3.79 4.73
Fund with Sales Charge (%) (POP) 6.27 1.97 2.86 3.79 4.73
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/21/1992
Fund without Sales Charge (%) (NAV) 6.27 1.97 2.86 3.79 4.73
Fund with Sales Charge (%) (POP) 6.27 1.97 2.86 3.79 4.73
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 8.48 3.17 3.66 4.53 5.46

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 6.27 1.97 2.85 3.79
Fund without Sales Charge (%) (NAV) After Shares Sold 4.93 2.16 2.86 3.69
Fund with Sales Charge (%) (POP) Before Shares Sold 6.27 1.97 2.85 3.79
Fund with Sales Charge (%) (POP) After Shares Sold 4.93 2.16 2.86 3.69
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.27 1.97 2.85 3.79
Fund without Sales Charge (%) (NAV) After Shares Sold 4.93 2.16 2.86 3.69
Fund with Sales Charge (%) (POP) Before Shares Sold 6.27 1.97 2.85 3.79
Fund with Sales Charge (%) (POP) After Shares Sold 4.93 2.16 2.86 3.69

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.05 4.05 -0.02 2.87 8.43 -1.60 6.49 10.57 3.25 12.57
Fund with Sales Charge (%) (POP) 1.05 4.05 -0.02 2.87 8.43 -1.60 6.49 10.57 3.25 12.57
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 1.11 5.63 -0.14 3.51 9.96 -1.76 8.15 12.28 2.97 12.22

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

Month EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 1.00 4.97 6.27 6.03 15.11 45.07 248.57
Fund with Sales Charge (%) (POP) 1.00 4.97 6.27 6.03 15.11 45.07 248.57
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 1.00 4.97 6.27 6.03 15.11 45.07 248.57
Fund with Sales Charge (%) (POP) 1.00 4.97 6.27 6.03 15.11 45.07 248.57
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 1.71 6.93 8.48 9.79 19.70 55.74 320.13

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.09 2.84 3.41
Standard Deviation (Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index) 3.52 3.10 3.75
Sharpe Ratio 0.25 0.60 1.03
Information Ratio -1.62 -1.12 -0.94
Tracking Error 0.80 0.76 0.89

SALES CHARGE, EXPENSES & FEES As of 11/01/2019 (updated annually)

Gross Expense Ratio 0.55%
Net Expense Ratio [further-information] 0.49%
Max Initial Sales Charge 0.00%
CDSC

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

Sharpe Ratio 0.25
Standard Deviation 3.09

Benchmarks

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

  • Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index