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.

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) 6.89 3.89 2.88 3.94 4.72
Fund with Sales Charge (%) (POP) 4.51 3.12 2.42 3.70 4.64
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) 5.36 3.41 2.55 3.88 4.65
Fund with Sales Charge (%) (POP) 3.00 2.63 2.08 3.64 4.57
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 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.36 0.96 3.96 -0.12 2.68 8.34 -1.69 6.39 10.41 3.16
Fund with Sales Charge (%) (POP) 3.00 -1.35 1.64 -2.36 0.38 5.88 -3.90 4.02 7.87 0.83
Linked Bloomberg Barclays Muni M.F. CA Intermediate/10-Year 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 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) 2.62 6.89 12.12 15.27 47.13 254.83
Fund with Sales Charge (%) (POP) 0.30 4.51 9.64 12.69 43.85 246.85
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) 5.36 5.36 10.58 13.41 46.35 245.76
Fund with Sales Charge (%) (POP) 3.00 3.00 8.11 10.86 43.04 237.99
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 6.89 3.89 2.88 3.94
Fund without Sales Charge (%) (NAV) After Shares Sold 5.18 3.61 2.83 3.77
Fund with Sales Charge (%) (POP) Before Shares Sold 4.51 3.12 2.42 3.70
Fund with Sales Charge (%) (POP) After Shares Sold 3.75 3.01 2.47 3.58
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.36 3.41 2.55 3.88
Fund without Sales Charge (%) (NAV) After Shares Sold 4.31 3.25 2.59 3.75
Fund with Sales Charge (%) (POP) Before Shares Sold 3.00 2.63 2.08 3.64
Fund with Sales Charge (%) (POP) After Shares Sold 2.89 2.65 2.22 3.55

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

Gross Expense Ratio 0.65%
Net Expense Ratio [further-information] 0.59%
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

Sharpe Ratio 1.04
Standard Deviation 2.13

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