Effective at the close of market on December 10, 2015, Franklin California Tax-Exempt Money Fund closed to new investors. Existing shareholders may continue to purchase additional shares of the fund. Subject to shareholder approval, the fund plans to reorganize into a new fund at the close of market on or about March 18, 2016. For more information on these changes, please contact your financial advisors or call Franklin Templeton Investors Services at (800) 632-2301.
|Investment Category||Money Market|
|CUSIP||352 519 201|
|Inception Date||Sep 03, 1985|
|Total Net Assets (all share classes) As of 01/31/2016||$588.2 (M)|
|7-Day Yields As of 02/08/2016 (updated daily)|
|Gross Expense Ratio||
|Net Expense Ratio||
|Max Initial Sales Charge||—|
The Fund invests predominantly in high-quality, short-term, California municipal securities whose interest is free from federal income taxes, including the federal alternative minimum tax, and from California personal income taxes.
i. For investors subject to the alternative minimum tax, a small portion of fund dividends may be taxable. Distributions of capital gains are generally taxable.
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