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) 6.30 1.99 2.87 3.81 4.73
Fund with Sales Charge (%) (POP) 6.30 1.99 2.87 3.81 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) 6.30 1.99 2.87 3.81 4.73
Fund with Sales Charge (%) (POP) 6.30 1.99 2.87 3.81 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 6.30 1.99 2.87 3.81
Fund without Sales Charge (%) (NAV) After Shares Sold 4.96 2.18 2.87 3.71
Fund with Sales Charge (%) (POP) Before Shares Sold 6.30 1.99 2.87 3.81
Fund with Sales Charge (%) (POP) After Shares Sold 4.96 2.18 2.87 3.71
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.30 1.99 2.87 3.81
Fund without Sales Charge (%) (NAV) After Shares Sold 4.96 2.18 2.87 3.71
Fund with Sales Charge (%) (POP) Before Shares Sold 6.30 1.99 2.87 3.81
Fund with Sales Charge (%) (POP) After Shares Sold 4.96 2.18 2.87 3.71

Calendar Year Returns

2018 2017
Fund without Sales Charge (%) (NAV) 1.08 4.05
Fund with Sales Charge (%) (POP) 1.08 4.05
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 1.11 5.63

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) 1.09 5.00 6.30 6.09 15.18 45.31 248.82
Fund with Sales Charge (%) (POP) 1.09 5.00 6.30 6.09 15.18 45.31 248.82
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) 1.09 5.00 6.30 6.09 15.18 45.31 248.82
Fund with Sales Charge (%) (POP) 1.09 5.00 6.30 6.09 15.18 45.31 248.82
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) 3.10 2.84 3.42
Standard Deviation (Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index) 3.52 3.10 3.75
Alpha -1.06 -0.65 -0.44
Beta 0.86 0.89 0.89
Sharpe Ratio 0.22 0.57 0.99
Information Ratio -1.82 -1.30 -1.06
Tracking Error 0.76 0.73 0.89
R-Squared 0.96 0.95 0.95

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.68 0.84 0.91
Beta Bear 0.99 0.96 0.83
Bull Bear Capture Ratio 0.81 0.87 0.91
% of Positive Months 72.22 73.33 69.17
Gains/Losses 1.79 2.08 2.37
Maximum Drawdown
1.62 5.00 5.46

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

Gross Expense Ratio 0.53%
Net Expense Ratio [further-information] 0.46%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 0.86
Sharpe Ratio 0.22
Standard Deviation 3.10

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