Franklin California Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 3.73 3.99 4.04 4.86 5.56
Fund with Sales Charge (%) (POP) 3.73 3.99 4.04 4.86 5.56
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.59 4.02 3.82 4.59
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 4.24 4.18 3.41 4.89 5.53
Fund with Sales Charge (%) (POP) 4.24 4.18 3.41 4.89 5.53
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.21 4.05 3.19 4.61

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 03/31/2020

Month EndAs of 05/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) 0.49 3.73 12.46 21.88 60.69 941.30
Fund with Sales Charge (%) (POP) 0.49 3.73 12.46 21.88 60.69 941.30
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 1.78 4.59 12.55 20.60 56.63
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) -1.34 4.24 13.06 18.24 61.26 922.32
Fund with Sales Charge (%) (POP) -1.34 4.24 13.06 18.24 61.26 922.32
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) -0.49 4.21 12.66 16.99 56.91

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.73 3.99 4.04 4.86
Fund without Sales Charge (%) (NAV) After Shares Sold 3.52 3.89 3.95 4.72
Fund with Sales Charge (%) (POP) Before Shares Sold 3.73 3.99 4.04 4.86
Fund with Sales Charge (%) (POP) After Shares Sold 3.52 3.89 3.95 4.72
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.24 4.18 3.41 4.89
Fund without Sales Charge (%) (NAV) After Shares Sold 3.94 4.05 3.47 4.77
Fund with Sales Charge (%) (POP) Before Shares Sold 4.24 4.18 3.41 4.89
Fund with Sales Charge (%) (POP) After Shares Sold 3.94 4.05 3.47 4.77

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 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.56
Standard Deviation 5.19

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