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 05/01/1996
Fund without Sales Charge (%) (NAV) 9.03 5.24 4.17 6.03 5.12
Fund with Sales Charge (%) (POP) 8.03 5.24 4.17 6.03 5.12
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.08
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1996
Fund without Sales Charge (%) (NAV) 9.03 5.24 4.17 6.03 5.12
Fund with Sales Charge (%) (POP) 8.03 5.24 4.17 6.03 5.12
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.08

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 9.03 0.39 6.47 0.60 4.64 14.07 -4.31 12.92 13.86 4.33
Fund with Sales Charge (%) (POP) 8.03 -0.58 5.47 -0.37 3.64 13.07 -5.23 11.92 12.86 3.34
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38

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 05/01/1996
Fund without Sales Charge (%) (NAV) 9.03 9.03 16.54 22.69 79.64 226.17
Fund with Sales Charge (%) (POP) 8.03 8.03 16.54 22.69 79.64 226.17
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 222.96
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1996
Fund without Sales Charge (%) (NAV) 9.03 9.03 16.54 22.69 79.64 226.17
Fund with Sales Charge (%) (POP) 8.03 8.03 16.54 22.69 79.64 226.17
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 222.96

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 1.23%
Net Expense Ratio [further-information] 1.23%
Max Initial Sales Charge 0.00%
CDSC 1.00%

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

Sharpe Ratio 1.24
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