Franklin California High Yield Municipal Fund

Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/03/1993
Fund without Sales Charge (%) (NAV) 9.95 3.77 5.34 6.45 5.78
Fund with Sales Charge (%) (POP) 9.95 3.77 5.34 6.45 5.78
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/03/1993
Fund without Sales Charge (%) (NAV) 9.95 3.77 5.34 6.45 5.78
Fund with Sales Charge (%) (POP) 9.95 3.77 5.34 6.45 5.78
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.15

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.14 7.20 1.17 5.35 14.87 -3.70 13.61 14.65 5.04 28.49
Fund with Sales Charge (%) (POP) 1.14 7.20 1.17 5.35 14.87 -3.70 13.61 14.65 5.04 28.49
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/03/1993
Fund without Sales Charge (%) (NAV) 9.27 9.95 11.74 29.68 86.87 341.32
Fund with Sales Charge (%) (POP) 9.27 9.95 11.74 29.68 86.87 341.32
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/03/1993
Fund without Sales Charge (%) (NAV) 9.27 9.95 11.74 29.68 86.87 341.32
Fund with Sales Charge (%) (POP) 9.27 9.95 11.74 29.68 86.87 341.32
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 276.86

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.95 3.77 5.34 6.45
Fund without Sales Charge (%) (NAV) After Shares Sold 7.48 3.74 5.02 6.10
Fund with Sales Charge (%) (POP) Before Shares Sold 9.95 3.77 5.34 6.45
Fund with Sales Charge (%) (POP) After Shares Sold 7.48 3.74 5.02 6.10
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.95 3.77 5.34 6.45
Fund without Sales Charge (%) (NAV) After Shares Sold 7.48 3.74 5.02 6.10
Fund with Sales Charge (%) (POP) Before Shares Sold 9.95 3.77 5.34 6.45
Fund with Sales Charge (%) (POP) After Shares Sold 7.48 3.74 5.02 6.10

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

Gross Expense Ratio 0.58%
Net Expense Ratio [further-information] 0.58%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.63
Standard Deviation 4.35

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index