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) 6.11 1.85 2.74 3.67 4.66
Fund with Sales Charge (%) (POP) 3.72 1.08 2.27 3.44 4.58
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) 6.11 1.85 2.74 3.67 4.66
Fund with Sales Charge (%) (POP) 3.72 1.08 2.27 3.44 4.58
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 6.11 1.85 2.74 3.67
Fund without Sales Charge (%) (NAV) After Shares Sold 4.73 2.03 2.74 3.58
Fund with Sales Charge (%) (POP) Before Shares Sold 3.72 1.08 2.27 3.44
Fund with Sales Charge (%) (POP) After Shares Sold 3.29 1.43 2.37 3.38
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.11 1.85 2.74 3.67
Fund without Sales Charge (%) (NAV) After Shares Sold 4.73 2.03 2.74 3.58
Fund with Sales Charge (%) (POP) Before Shares Sold 3.72 1.08 2.27 3.44
Fund with Sales Charge (%) (POP) After Shares Sold 3.29 1.43 2.37 3.38

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 0.90
Fund with Sales Charge (%) (POP) -1.37
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 1.11

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) 1.01 4.88 6.11 5.64 14.47 43.45 242.78
Fund with Sales Charge (%) (POP) -1.26 2.52 3.72 3.26 11.89 40.22 235.07
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) 1.01 4.88 6.11 5.64 14.47 43.45 242.78
Fund with Sales Charge (%) (POP) -1.26 2.52 3.72 3.26 11.89 40.22 235.07
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) 3.08 2.83 3.41
Standard Deviation (Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index) 3.52 3.10 3.75
Alpha -1.10 -0.67 -0.44
Beta 0.85 0.89 0.89
Sharpe Ratio 0.21 0.56 0.99
Information Ratio -1.76 -1.28 -1.05
Tracking Error 0.81 0.76 0.91
R-Squared 0.96 0.94 0.94

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

3 YR 5 YR 10 YR
Beta Bull 0.65 0.82 0.90
Beta Bear 0.98 0.95 0.83
Bull Bear Capture Ratio 0.80 0.86 0.90
% of Positive Months 72.22 73.33 69.17
Gains/Losses 1.77 2.06 2.37
Maximum Drawdown
1.70 5.00 5.46

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

Gross Expense Ratio 0.80%
Net Expense Ratio [further-information] 0.74%
Max Initial Sales Charge 2.25%
CDSC 0.75%

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

Beta 0.85
Sharpe Ratio 0.21
Standard Deviation 3.08

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