Franklin California High Yield Municipal Fund

Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/03/1993
Fund without Sales Charge (%) (NAV) 2.21 4.16 4.62 6.04 5.61
Fund with Sales Charge (%) (POP) 2.21 4.16 4.62 6.04 5.61
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.11
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/03/1993
Fund without Sales Charge (%) (NAV) 2.21 4.16 4.62 6.04 5.61
Fund with Sales Charge (%) (POP) 2.21 4.16 4.62 6.04 5.61
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.11

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 9.68 1.14 7.20 1.17 5.35 14.87 -3.70 13.61 14.65 5.04
Fund with Sales Charge (%) (POP) 9.68 1.14 7.20 1.17 5.35 14.87 -3.70 13.61 14.65 5.04
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 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/03/1993
Fund without Sales Charge (%) (NAV) -0.47 2.21 13.00 25.32 79.78 340.88
Fund with Sales Charge (%) (POP) -0.47 2.21 13.00 25.32 79.78 340.88
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 287.52
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/03/1993
Fund without Sales Charge (%) (NAV) -0.47 2.21 13.00 25.32 79.78 340.88
Fund with Sales Charge (%) (POP) -0.47 2.21 13.00 25.32 79.78 340.88
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 287.52

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.21 4.16 4.62 6.04
Fund without Sales Charge (%) (NAV) After Shares Sold 2.70 4.05 4.45 5.75
Fund with Sales Charge (%) (POP) Before Shares Sold 2.21 4.16 4.62 6.04
Fund with Sales Charge (%) (POP) After Shares Sold 2.70 4.05 4.45 5.75
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.21 4.16 4.62 6.04
Fund without Sales Charge (%) (NAV) After Shares Sold 2.70 4.05 4.45 5.75
Fund with Sales Charge (%) (POP) Before Shares Sold 2.21 4.16 4.62 6.04
Fund with Sales Charge (%) (POP) After Shares Sold 2.70 4.05 4.45 5.75

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

Sharpe Ratio 0.42
Standard Deviation 6.07

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index