Franklin California Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 6.36 3.83 2.56 4.08 4.75
Fund with Sales Charge (%) (POP) 6.36 3.83 2.56 4.08 4.75
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 8.89 5.12 3.53 4.97 5.48
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 5.54 3.53 2.68 4.00 4.70
Fund with Sales Charge (%) (POP) 5.54 3.53 2.68 4.00 4.70
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 4.77 3.52 4.85 5.43

After-Tax Average Annual Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.36 3.83 2.56 4.08
Fund without Sales Charge (%) (NAV) After Shares Sold 4.93 3.59 2.60 3.92
Fund with Sales Charge (%) (POP) Before Shares Sold 6.36 3.83 2.56 4.08
Fund with Sales Charge (%) (POP) After Shares Sold 4.93 3.59 2.60 3.92
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.54 3.53 2.68 4.00
Fund without Sales Charge (%) (NAV) After Shares Sold 4.46 3.37 2.71 3.86
Fund with Sales Charge (%) (POP) Before Shares Sold 5.54 3.53 2.68 4.00
Fund with Sales Charge (%) (POP) After Shares Sold 4.46 3.37 2.71 3.86

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.54 1.05 4.05 -0.02 2.87 8.43 -1.60 6.49 10.57 3.25
Fund with Sales Charge (%) (POP) 5.54 1.05 4.05 -0.02 2.87 8.43 -1.60 6.49 10.57 3.25
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 1.11 5.63 -0.14 3.51 9.96 -1.76 8.15 12.28 2.97

Cumulative Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 1.95 1.53 6.36 11.93 13.45 49.15 255.82
Fund with Sales Charge (%) (POP) 1.95 1.53 6.36 11.93 13.45 49.15 255.82
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 2.32 1.79 8.89 16.14 18.95 62.49 330.61
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 0.54 5.54 5.54 10.96 14.12 48.05 250.45
Fund with Sales Charge (%) (POP) 0.54 5.54 5.54 10.96 14.12 48.05 250.45
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 0.69 7.67 7.67 14.99 18.87 60.56 323.03

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 01/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.08 2.77 3.43
Standard Deviation (Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index) 2.63 3.11 3.77
Sharpe Ratio 1.05 0.54 1.03
Information Ratio -1.61 -1.32 -1.01
Tracking Error 0.80 0.73 0.88

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 01/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 1.05
Standard Deviation 2.08

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