Franklin California High Yield Municipal Fund

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

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/03/1993
Fund without Sales Charge (%) (NAV) 9.41 5.81 4.73 6.62 5.66
Fund with Sales Charge (%) (POP) 5.31 4.47 3.93 6.21 5.51
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.13
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/03/1993
Fund without Sales Charge (%) (NAV) 9.41 5.81 4.73 6.62 5.66
Fund with Sales Charge (%) (POP) 5.31 4.47 3.93 6.21 5.51
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.13

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 9.41 1.09
Fund with Sales Charge (%) (POP) 5.31 -3.21
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28

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

Month EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/03/1993
Fund without Sales Charge (%) (NAV) 9.41 9.41 18.47 26.00 89.85 334.74
Fund with Sales Charge (%) (POP) 5.31 5.31 14.02 21.27 82.73 318.44
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 279.63
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/03/1993
Fund without Sales Charge (%) (NAV) 9.41 9.41 18.47 26.00 89.85 334.74
Fund with Sales Charge (%) (POP) 5.31 5.31 14.02 21.27 82.73 318.44
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 279.63

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

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

SALES CHARGE, EXPENSES & FEES As of 10/01/2019 (updated annually)

Gross Expense Ratio 0.83%
Net Expense Ratio [further-information] 0.83%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 1.13
Sharpe Ratio 1.43
Standard Deviation 2.92

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index