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 05/03/1993
Fund without Sales Charge (%) (NAV) 9.70 5.99 4.88 6.76 5.75
Fund with Sales Charge (%) (POP) 9.70 5.99 4.88 6.76 5.75
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.13
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/03/1993
Fund without Sales Charge (%) (NAV) 9.70 5.99 4.88 6.76 5.75
Fund with Sales Charge (%) (POP) 9.70 5.99 4.88 6.76 5.75
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.13

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 9.70 1.16 7.30
Fund with Sales Charge (%) (POP) 9.70 1.16 7.30
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45

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 05/03/1993
Fund without Sales Charge (%) (NAV) 9.70 9.70 19.08 26.92 92.36 343.63
Fund with Sales Charge (%) (POP) 9.70 9.70 19.08 26.92 92.36 343.63
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 279.63
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/03/1993
Fund without Sales Charge (%) (NAV) 9.70 9.70 19.08 26.92 92.36 343.63
Fund with Sales Charge (%) (POP) 9.70 9.70 19.08 26.92 92.36 343.63
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 279.63

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 0.57%
Net Expense Ratio [further-information] 0.55%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 1.13
Sharpe Ratio 1.47
Standard Deviation 2.93

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index