Franklin California Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 1.80 2.44 2.00 3.57 4.54
Fund with Sales Charge (%) (POP) -0.49 1.66 1.53 3.34 4.45
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 1.80 2.44 2.00 3.57 4.54
Fund with Sales Charge (%) (POP) -0.49 1.66 1.53 3.34 4.45

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.80 2.44 2.00 3.57
Fund without Sales Charge (%) (NAV) After Shares Sold 2.09 2.49 2.15 3.49
Fund with Sales Charge (%) (POP) Before Shares Sold -0.50 1.66 1.53 3.34
Fund with Sales Charge (%) (POP) After Shares Sold 0.71 1.89 1.79 3.30
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.80 2.44 2.00 3.57
Fund without Sales Charge (%) (NAV) After Shares Sold 2.09 2.49 2.15 3.49
Fund with Sales Charge (%) (POP) Before Shares Sold -0.50 1.66 1.53 3.34
Fund with Sales Charge (%) (POP) After Shares Sold 0.71 1.89 1.79 3.30

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 5.29 0.90
Fund with Sales Charge (%) (POP) 2.92 -1.37
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 1.11

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) -1.36 -1.36 1.80 7.49 10.39 42.05 239.45
Fund with Sales Charge (%) (POP) -3.58 -3.58 -0.49 5.07 7.90 38.86 231.81
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) -1.36 -1.36 1.80 7.49 10.39 42.05 239.45
Fund with Sales Charge (%) (POP) -3.58 -3.58 -0.49 5.07 7.90 38.86 231.81

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.18 3.28 3.66
Standard Deviation (Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index) 3.49 3.52 3.97
Alpha -1.30 -0.98 -0.61
Beta 0.89 0.91 0.90
Sharpe Ratio 0.23 0.27 0.82
Information Ratio -1.98 -1.58 -1.16
Tracking Error 0.81 0.75 0.89
R-Squared 0.95 0.96 0.95

ADDITIONAL RISK STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.72 0.77 0.90
Beta Bear 1.09 1.03 0.90
Bull Bear Capture Ratio 0.78 0.82 0.88
Gains/Losses 1.85 1.68 2.13

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 1.00%

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.89
Sharpe Ratio 0.23
Standard Deviation 3.18

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