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) 6.39 3.85 2.57 4.10 4.75
Fund with Sales Charge (%) (POP) 6.39 3.85 2.57 4.10 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) 5.48 3.52 2.67 4.01 4.70
Fund with Sales Charge (%) (POP) 5.48 3.52 2.67 4.01 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 6.39 3.85 2.57 4.10
Fund without Sales Charge (%) (NAV) After Shares Sold 4.96 3.61 2.62 3.93
Fund with Sales Charge (%) (POP) Before Shares Sold 6.39 3.85 2.57 4.10
Fund with Sales Charge (%) (POP) After Shares Sold 4.96 3.61 2.62 3.93
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.48 3.52 2.67 4.01
Fund without Sales Charge (%) (NAV) After Shares Sold 4.44 3.37 2.71 3.87
Fund with Sales Charge (%) (POP) Before Shares Sold 5.48 3.52 2.67 4.01
Fund with Sales Charge (%) (POP) After Shares Sold 4.44 3.37 2.71 3.87

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 5.48 1.08 4.05
Fund with Sales Charge (%) (POP) 5.48 1.08 4.05
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 1.11 5.63

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) 1.96 1.62 6.39 12.00 13.53 49.41 256.10
Fund with Sales Charge (%) (POP) 1.96 1.62 6.39 12.00 13.53 49.41 256.10
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) 0.46 5.48 5.48 10.94 14.10 48.19 250.43
Fund with Sales Charge (%) (POP) 0.46 5.48 5.48 10.94 14.10 48.19 250.43
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) 2.10 2.79 3.44
Standard Deviation (Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index) 2.63 3.11 3.77
Alpha -0.55 -0.73 -0.48
Beta 0.78 0.88 0.89
Sharpe Ratio 1.00 0.51 0.99
Information Ratio -1.81 -1.50 -1.13
Tracking Error 0.75 0.70 0.88
R-Squared 0.95 0.96 0.95

ADDITIONAL RISK STATISTICSAs of 01/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.73 0.78 0.91
Beta Bear 0.54 0.96 0.83
Bull Bear Capture Ratio 0.88 0.85 0.90
% of Positive Months 75.00 73.33 69.17
Gains/Losses 3.35 2.02 2.39
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 01/31/2020 Updated Monthly, based on a 3-year period

Beta 0.78
Sharpe Ratio 1.00
Standard Deviation 2.10

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