Franklin California 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 02/01/1977
Fund without Sales Charge (%) (NAV) 12.66 6.14 4.66 5.51 5.68
Fund with Sales Charge (%) (POP) 12.66 6.14 4.66 5.51 5.68
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 9.75 5.36 3.99 4.99
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 9.28 5.26 4.04 5.27 5.60
Fund with Sales Charge (%) (POP) 9.28 5.26 4.04 5.27 5.60
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 7.67 4.77 3.52 4.85

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 9.28 0.53 6.19 0.78 3.71 13.66 -3.77 10.44 11.31 2.07
Fund with Sales Charge (%) (POP) 9.28 0.53 6.19 0.78 3.71 13.66 -3.77 10.44 11.31 2.07
Linked Bloomberg Barclays Muni Bond California Exempt/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 02/01/1977
Fund without Sales Charge (%) (NAV) 4.30 12.66 19.58 25.60 70.91 980.79
Fund with Sales Charge (%) (POP) 4.30 12.66 19.58 25.60 70.91 980.79
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 3.11 9.75 16.96 21.60 62.73
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) 9.28 9.28 16.63 21.88 67.08 936.25
Fund with Sales Charge (%) (POP) 9.28 9.28 16.63 21.88 67.08 936.25
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 7.67 7.67 14.99 18.87 60.56

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 12.66 6.14 4.66 5.51
Fund without Sales Charge (%) (NAV) After Shares Sold 8.95 5.55 4.42 5.24
Fund with Sales Charge (%) (POP) Before Shares Sold 12.66 6.14 4.66 5.51
Fund with Sales Charge (%) (POP) After Shares Sold 8.95 5.55 4.42 5.24
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.28 5.26 4.04 5.27
Fund without Sales Charge (%) (NAV) After Shares Sold 7.00 4.90 3.96 5.07
Fund with Sales Charge (%) (POP) Before Shares Sold 9.28 5.26 4.04 5.27
Fund with Sales Charge (%) (POP) After Shares Sold 7.00 4.90 3.96 5.07

SALES CHARGE, EXPENSES & FEES As of 08/01/2019 (updated annually)

Gross Expense Ratio 0.51%
Net Expense Ratio [further-information] 0.51%
Max Initial Sales Charge 0.00%
CDSC

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

Sharpe Ratio 1.35
Standard Deviation 3.31

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