Franklin California Intermediate-Term Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 5.48 3.52 2.67 4.01 4.70
Fund with Sales Charge (%) (POP) 5.48 3.52 2.67 4.01 4.70
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 4.77 3.52 4.85 5.43
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 5.48 3.52 2.67 4.01 4.70
Fund with Sales Charge (%) (POP) 5.48 3.52 2.67 4.01 4.70
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 4.77 3.52 4.85 5.43

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 5.48 1.08 4.05
Fund with Sales Charge (%) (POP) 5.48 1.08 4.05
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 1.11 5.63

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 0.46 5.48 5.48 10.94 14.10 48.19 250.43
Fund with Sales Charge (%) (POP) 0.46 5.48 5.48 10.94 14.10 48.19 250.43
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 0.69 7.67 7.67 14.99 18.87 60.56 323.03
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 0.46 5.48 5.48 10.94 14.10 48.19 250.43
Fund with Sales Charge (%) (POP) 0.46 5.48 5.48 10.94 14.10 48.19 250.43
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 0.69 7.67 7.67 14.99 18.87 60.56 323.03

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 1.97 2.84 3.42
Standard Deviation (Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index) 2.51 3.10 3.75
Alpha -0.56 -0.67 -0.46
Beta 0.76 0.89 0.89
Sharpe Ratio 0.92 0.54 0.98
Information Ratio -1.79 -1.32 -1.08
Tracking Error 0.75 0.73 0.89
R-Squared 0.95 0.95 0.95

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.69 0.84 0.91
Beta Bear 0.54 0.96 0.83
Bull Bear Capture Ratio 0.87 0.86 0.90
% of Positive Months 75.00 73.33 69.17
Gains/Losses 3.14 2.06 2.36
Maximum Drawdown
1.62 5.00 5.46

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

Gross Expense Ratio 0.53%
Net Expense Ratio [further-information] 0.46%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.76
Sharpe Ratio 0.92
Standard Deviation 1.97

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