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.

Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 4.14 4.03 3.31 4.79 5.49
Fund with Sales Charge (%) (POP) 0.23 2.71 2.51 4.39 5.40
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.21 4.05 3.19 4.61
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 4.14 4.03 3.31 4.79 5.49
Fund with Sales Charge (%) (POP) 0.23 2.71 2.51 4.39 5.40
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.21 4.05 3.19 4.61

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 9.17 0.31 6.08 0.81 3.61 13.54 -3.85 10.16 11.34 1.98
Fund with Sales Charge (%) (POP) 5.11 -3.92 1.64 -3.43 -0.85 8.68 -7.88 5.43 6.60 -2.39
Linked Bloomberg Barclays Muni Bond California Exempt/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 03/31/2020

Month EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) -1.37 4.14 12.60 17.68 59.68 906.01
Fund with Sales Charge (%) (POP) -5.09 0.23 8.34 13.21 53.74 868.25
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) -0.49 4.21 12.66 16.99 56.91
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) -1.37 4.14 12.60 17.68 59.68 906.01
Fund with Sales Charge (%) (POP) -5.09 0.23 8.34 13.21 53.74 868.25
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) -0.49 4.21 12.66 16.99 56.91

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.14 4.03 3.31 4.79
Fund without Sales Charge (%) (NAV) After Shares Sold 3.84 3.92 3.37 4.66
Fund with Sales Charge (%) (POP) Before Shares Sold 0.23 2.71 2.51 4.39
Fund with Sales Charge (%) (POP) After Shares Sold 1.47 2.88 2.74 4.33
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.14 4.03 3.31 4.79
Fund without Sales Charge (%) (NAV) After Shares Sold 3.84 3.92 3.37 4.66
Fund with Sales Charge (%) (POP) Before Shares Sold 0.23 2.71 2.51 4.39
Fund with Sales Charge (%) (POP) After Shares Sold 1.47 2.88 2.74 4.33

SALES CHARGE, EXPENSES & FEES As of 08/01/2019 (updated annually)

Gross Expense Ratio 0.61%
Net Expense Ratio [further-information] 0.61%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.49
Standard Deviation 4.75

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index