Franklin California Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 2.62 2.60 2.72 3.69 4.66
Fund with Sales Charge (%) (POP) 2.62 2.60 2.72 3.69 4.66
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 4.59 4.02 3.82 4.59 5.41
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 2.05 2.61 2.14 3.70 4.61
Fund with Sales Charge (%) (POP) 2.05 2.61 2.14 3.70 4.61
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 4.21 4.05 3.19 4.61 5.36

After-Tax Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.62 2.60 2.72 3.69
Fund without Sales Charge (%) (NAV) After Shares Sold 2.59 2.63 2.74 3.59
Fund with Sales Charge (%) (POP) Before Shares Sold 2.62 2.60 2.72 3.69
Fund with Sales Charge (%) (POP) After Shares Sold 2.59 2.63 2.74 3.59
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.05 2.61 2.14 3.70
Fund without Sales Charge (%) (NAV) After Shares Sold 2.34 2.67 2.30 3.62
Fund with Sales Charge (%) (POP) Before Shares Sold 2.05 2.61 2.14 3.70
Fund with Sales Charge (%) (POP) After Shares Sold 2.34 2.67 2.30 3.62

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.54 1.05 4.05 -0.02 2.87 8.43 -1.60 6.49 10.57 3.25
Fund with Sales Charge (%) (POP) 5.54 1.05 4.05 -0.02 2.87 8.43 -1.60 6.49 10.57 3.25
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) -1.97 0.61 2.62 7.99 14.37 43.66 252.59
Fund with Sales Charge (%) (POP) -1.97 0.61 2.62 7.99 14.37 43.66 252.59
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) -1.29 1.78 4.59 12.55 20.60 56.63 330.56
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) -1.29 -1.29 2.05 8.05 11.19 43.85 245.93
Fund with Sales Charge (%) (POP) -1.29 -1.29 2.05 8.05 11.19 43.85 245.93
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) -0.49 -0.49 4.21 12.66 16.99 56.91 320.96

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.51 3.49 3.75
Standard Deviation (Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index) 3.89 3.81 4.07
Sharpe Ratio 0.38 0.52 0.85
Information Ratio -1.62 -1.29 -1.05
Tracking Error 0.85 0.78 0.86

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

Gross Expense Ratio 0.55%
Net Expense Ratio [further-information] 0.49%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.38
Standard Deviation 3.51

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