Franklin California Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 09/30/2018

Month EndAs of 10/31/2018 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 02/01/1977
Fund without Sales Charge (%) (NAV) -0.76 2.23 4.34 5.58 5.52
Fund with Sales Charge (%) (POP) -0.76 2.23 4.34 5.58 5.52
Bloomberg Barclays Municipal Bond Index (%) -0.51 1.89 3.25 4.80
Quarter EndAs of 09/30/2018 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 02/01/1977
Fund without Sales Charge (%) (NAV) 0.50 2.76 4.75 5.38 5.56
Fund with Sales Charge (%) (POP) 0.50 2.76 4.75 5.38 5.56
Bloomberg Barclays Municipal Bond Index (%) 0.35 2.24 3.54 4.75

Calendar Year Returns

2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Fund without Sales Charge (%) (NAV) 6.19 0.78 3.71 13.66 -3.77 10.44 11.31 2.07 16.56 -8.80
Fund with Sales Charge (%) (POP) 6.19 0.78 3.71 13.66 -3.77 10.44 11.31 2.07 16.56 -8.80
Bloomberg Barclays Municipal Bond Index (%) 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91 -2.47

Cumulative Total Returns [further-information] As of 09/30/2018

Month EndAs of 10/31/2018 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) -1.75 -0.76 6.84 23.70 72.11 842.32
Fund with Sales Charge (%) (POP) -1.75 -0.76 6.84 23.70 72.11 842.32
Bloomberg Barclays Municipal Bond Index (%) -1.01 -0.51 5.79 17.34 59.76
Quarter EndAs of 09/30/2018 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) -0.68 0.50 8.52 26.10 68.90 852.63
Fund with Sales Charge (%) (POP) -0.68 0.50 8.52 26.10 68.90 852.63
Bloomberg Barclays Municipal Bond Index (%) -0.40 0.35 6.87 18.99 59.11

After-Tax Average Annual Total Returns [further-information] As of 09/30/2018

Month EndAs of 10/31/2018 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -0.76 2.23 4.34 5.58
Fund without Sales Charge (%) (NAV) After Shares Sold 1.03 2.60 4.31 5.42
Fund with Sales Charge (%) (POP) Before Shares Sold -0.76 2.23 4.34 5.58
Fund with Sales Charge (%) (POP) After Shares Sold 1.03 2.60 4.31 5.42
Quarter EndAs of 09/30/2018 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.50 2.76 4.75 5.38
Fund without Sales Charge (%) (NAV) After Shares Sold 1.78 3.00 4.62 5.24
Fund with Sales Charge (%) (POP) Before Shares Sold 0.50 2.76 4.75 5.38
Fund with Sales Charge (%) (POP) After Shares Sold 1.78 3.00 4.62 5.24

SALES CHARGE, EXPENSES & FEES As of 10/10/2018 (updated annually)

Gross Expense Ratio 0.49%
Net Expense Ratio [further-information] 0.49%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 10/31/2018 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.32
Standard Deviation 4.15

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index

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