Franklin California Intermediate-Term Tax-Free Income Fund

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

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 6.82 3.83 2.85 3.92 4.70
Fund with Sales Charge (%) (POP) 4.42 3.05 2.38 3.69 4.62
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 9.75 5.36 3.99 4.99 5.51
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/21/1992
Fund without Sales Charge (%) (NAV) 5.29 3.36 2.52 3.87 4.63
Fund with Sales Charge (%) (POP) 2.92 2.58 2.05 3.64 4.55
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 4.77 3.52 4.85 5.43

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 5.29 0.90
Fund with Sales Charge (%) (POP) 2.92 -1.37
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 1.11

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

Month EndAs of 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 2.60 6.82 11.95 15.08 46.94 253.05
Fund with Sales Charge (%) (POP) 0.29 4.42 9.43 12.49 43.63 245.11
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 3.11 9.75 16.96 21.60 62.73 336.19
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/21/1992
Fund without Sales Charge (%) (NAV) 5.29 5.29 10.44 13.25 46.24 244.12
Fund with Sales Charge (%) (POP) 2.92 2.92 7.95 10.70 42.95 236.38
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year Muni Bond Index (%) 7.67 7.67 14.99 18.87 60.56 323.03

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

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.82 3.83 2.85 3.92
Fund without Sales Charge (%) (NAV) After Shares Sold 5.08 3.55 2.80 3.76
Fund with Sales Charge (%) (POP) Before Shares Sold 4.42 3.05 2.38 3.69
Fund with Sales Charge (%) (POP) After Shares Sold 3.63 2.94 2.43 3.56
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.29 3.36 2.52 3.87
Fund without Sales Charge (%) (NAV) After Shares Sold 4.21 3.20 2.56 3.74
Fund with Sales Charge (%) (POP) Before Shares Sold 2.92 2.58 2.05 3.64
Fund with Sales Charge (%) (POP) After Shares Sold 2.78 2.60 2.19 3.54

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

Gross Expense Ratio 0.80%
Net Expense Ratio [further-information] 0.74%
Max Initial Sales Charge 2.25%
CDSC 1.00%

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.76
Sharpe Ratio 1.02
Standard Deviation 2.11

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