Franklin California Tax-Free Income Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

Portfolio Statistics

Assets

Total Fund AssetsAs of 08/31/2019 (updated monthly) $16,492.0 (M)
Net Assets - Class A1 As of 10/31/2019 (updated monthly) $11,974.8 (M)

Positions As of 10/31/2019

Total Positions 631

FIXED INCOME VS. Bloomberg Barclays Municipal Bond California Exempt Index

Fund Benchmark
Average Duration As of 10/31/2019 (updated monthly) 6.54 Year(s) 5.42 Year(s)
Average Weighted MaturityAs of 10/31/2019 (updated monthly) 21.70 Year(s) 5.93 Year(s)

Portfolio Details

Asset AllocationAs of 10/31/2019

[name] [value]
Fixed Income 96.14%
Cash & Cash Equivalents 3.86%

Quality BreakdownAs of 10/31/2019

[name] [value]
Investment Grade 90.09%
Below Investment Grade 1.12%
Not Rated 0.56%
Refunded 4.38%
Cash & Cash Equivalents 3.86%
Investment Grade 90.09%
AAA 9.08%
AA 52.19%
A 26.06%
BBB 2.76%
Below Investment Grade 1.12%
BB 0.35%
CCC 0.04%
C 0.01%
D 0.72%
Not Rated 0.56%
Refunded 4.38%
Cash & Cash Equivalents 3.86%

sector breakdownAs of 10/31/2019

[name] [value]
Transportation 27.64%
General Obligation Bonds 17.67%
Utilities 11.78%
Hospital & Health Care 10.27%
Higher Education 8.42%
Refunded 7.93%
Subject to Government Appropriation 7.12%
Cash & Cash Equivalents 3.86%
Tax Supported Debt 2.95%
Other 2.35%

State / U.S. Territory Exposure As of 10/31/2019

[name] [value]
California 99.08%
Puerto Rico 0.92%