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 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 02/01/1977
Fund without Sales Charge (%) (NAV) 9.92 3.22 4.29 4.83 5.58
Fund with Sales Charge (%) (POP) 5.82 1.92 3.50 4.43 5.49
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 02/01/1977
Fund without Sales Charge (%) (NAV) 9.92 3.22 4.29 4.83 5.58
Fund with Sales Charge (%) (POP) 5.82 1.92 3.50 4.43 5.49
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 8.48 3.17 3.66 4.53

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.31 6.08 0.81 3.61 13.54 -3.85 10.16 11.34 1.98 16.43
Fund with Sales Charge (%) (POP) -3.92 1.64 -3.43 -0.85 8.68 -7.88 5.43 6.60 -2.39 11.44
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 1.11 5.63 -0.14 3.51 9.96 -1.76 8.15 12.28 2.97 12.22

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) 8.63 9.92 9.97 23.38 60.34 914.92
Fund with Sales Charge (%) (POP) 4.59 5.82 5.88 18.77 54.33 876.83
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) 8.63 9.92 9.97 23.38 60.34 914.92
Fund with Sales Charge (%) (POP) 4.59 5.82 5.88 18.77 54.33 876.83
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 6.93 8.48 9.79 19.70 55.74

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.92 3.22 4.29 4.83
Fund without Sales Charge (%) (NAV) After Shares Sold 7.38 3.27 4.15 4.69
Fund with Sales Charge (%) (POP) Before Shares Sold 5.82 1.92 3.50 4.43
Fund with Sales Charge (%) (POP) After Shares Sold 4.90 2.26 3.52 4.35
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.92 3.22 4.29 4.83
Fund without Sales Charge (%) (NAV) After Shares Sold 7.38 3.27 4.15 4.69
Fund with Sales Charge (%) (POP) Before Shares Sold 5.82 1.92 3.50 4.43
Fund with Sales Charge (%) (POP) After Shares Sold 4.90 2.26 3.52 4.35

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 0.75%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.47
Standard Deviation 4.33

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