Franklin California Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2003
Fund without Sales Charge (%) (NAV) 2.22 2.26 2.25 3.08 3.04
Fund with Sales Charge (%) (POP) 1.22 2.26 2.25 3.08 3.04
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 4.83 4.33 3.95 4.67
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2003
Fund without Sales Charge (%) (NAV) 2.22 2.26 2.25 3.08 3.04
Fund with Sales Charge (%) (POP) 1.22 2.26 2.25 3.08 3.04
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 4.83 4.33 3.95 4.67

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.22 2.26 2.25 3.08
Fund without Sales Charge (%) (NAV) After Shares Sold 2.08 2.22 2.22 2.96
Fund with Sales Charge (%) (POP) Before Shares Sold 1.22 2.26 2.25 3.08
Fund with Sales Charge (%) (POP) After Shares Sold 1.49 2.22 2.22 2.96
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.22 2.26 2.25 3.08
Fund without Sales Charge (%) (NAV) After Shares Sold 2.08 2.22 2.22 2.96
Fund with Sales Charge (%) (POP) Before Shares Sold 1.22 2.26 2.25 3.08
Fund with Sales Charge (%) (POP) After Shares Sold 1.49 2.22 2.22 2.96

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 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2003
Fund without Sales Charge (%) (NAV) 2.49 1.00 2.22 6.94 11.78 35.43 66.28
Fund with Sales Charge (%) (POP) 1.49 0.00 1.22 6.94 11.78 35.43 66.28
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 2.87 2.36 4.83 13.57 21.39 57.79
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2003
Fund without Sales Charge (%) (NAV) 2.49 1.00 2.22 6.94 11.78 35.43 66.28
Fund with Sales Charge (%) (POP) 1.49 0.00 1.22 6.94 11.78 35.43 66.28
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 2.87 2.36 4.83 13.57 21.39 57.79

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.50 3.52 3.77
Standard Deviation (Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index) 3.89 3.81 4.07
Sharpe Ratio 0.18 0.33 0.66
Information Ratio -2.51 -2.21 -1.86
Tracking Error 0.82 0.77 0.85

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 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.18
Standard Deviation 3.50

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