Franklin California Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2003
Fund without Sales Charge (%) (NAV) 6.38 3.30 2.32 3.37 3.19
Fund with Sales Charge (%) (POP) 5.38 3.30 2.32 3.37 3.19
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 9.75 5.36 3.99 4.99
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2003
Fund without Sales Charge (%) (NAV) 4.85 2.85 1.99 3.32 3.07
Fund with Sales Charge (%) (POP) 3.85 2.85 1.99 3.32 3.07
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 4.77 3.52 4.85

After-Tax Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.38 3.30 2.32 3.37
Fund without Sales Charge (%) (NAV) After Shares Sold 4.64 3.03 2.27 3.20
Fund with Sales Charge (%) (POP) Before Shares Sold 5.38 3.30 2.32 3.37
Fund with Sales Charge (%) (POP) After Shares Sold 4.05 3.03 2.27 3.20
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.85 2.86 1.99 3.32
Fund without Sales Charge (%) (NAV) After Shares Sold 3.78 2.70 2.03 3.17
Fund with Sales Charge (%) (POP) Before Shares Sold 3.85 2.86 1.99 3.32
Fund with Sales Charge (%) (POP) After Shares Sold 3.19 2.70 2.03 3.17

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 4.85 0.31 3.45 -0.67 2.11 7.72 -2.22 5.87 9.77 2.57
Fund with Sales Charge (%) (POP) 3.85 -0.67 2.45 -1.64 1.12 6.72 -3.17 4.87 8.77 1.58
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 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2003
Fund without Sales Charge (%) (NAV) 2.69 2.52 6.38 10.24 12.18 39.31 68.79
Fund with Sales Charge (%) (POP) 1.69 1.52 5.38 10.24 12.18 39.31 68.79
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 3.41 3.11 9.75 16.96 21.60 62.73
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2003
Fund without Sales Charge (%) (NAV) 0.29 4.85 4.85 8.81 10.37 38.57 64.63
Fund with Sales Charge (%) (POP) -0.71 3.85 3.85 8.81 10.37 38.57 64.63
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

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.12 2.77 3.44
Standard Deviation (Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index) 2.67 3.09 3.78
Sharpe Ratio 0.76 0.45 0.81
Information Ratio -2.71 -2.30 -1.85
Tracking Error 0.76 0.72 0.87

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

Gross Expense Ratio 1.20%
Net Expense Ratio [further-information] 1.14%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.76
Standard Deviation 2.12

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