Franklin California Intermediate-Term 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 08/31/2020 (updated monthly) $1,771.3 (M)
Net Assets - Class A1 As of 08/31/2020 (updated monthly) $707.1 (M)

Positions As of 08/31/2020

Total Positions 504

FIXED INCOME VS. Bloomberg Barclays Municipal M.F. CA Intermediate Index

Fund Benchmark
Average Duration As of 07/31/2020 (updated monthly) 4.64 Year(s) 4.72 Year(s)
Average Weighted Maturity 5.28 Year(s)

Portfolio Details

Asset AllocationAs of 08/31/2020

[name] [value]
Fixed Income 99.14%
Cash & Cash Equivalents 0.86%

Quality Breakdown As of 07/31/2020

[name] [value]
Investment Grade 93.54%
Below Investment Grade 1.17%
Not Rated 4.42%
N/A 0%
Cash & Cash Equivalents 0.87%
Investment Grade 93.54%
AAA 16.01%
AA 49.94%
A 16.92%
BBB 8.33%
Refunded 2.34%
Below Investment Grade 1.17%
BB 0.97%
D 0.20%
Not Rated 4.42%
N/A 0.00%
Cash & Cash Equivalents 0.87%

sector breakdownAs of 07/31/2020

[name] [value]
Utilities 24.95%
Tax Supported Debt 15.13%
General Obligation Bonds 14.98%
Transportation 14.36%
Hospital & Health Care 8.07%
Higher Education 5.73%
Other Revenue Bonds 5.14%
Housing 4.09%
Refunded 3.83%
Subject to Government Appropriation 2.84%
Cash & Cash Equivalents 0.87%

State / U.S. Territory Exposure As of 08/31/2020

[name] [value]
California 99.27%
Puerto Rico 0.49%
Guam 0.24%