The following portfolio data for the Franklin Templeton funds is made

Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
The following portfolio data for the Franklin Templeton funds is made available to the public under our Portfolio
Holdings Release Policy and is "as of" the date indicated. This portfolio data should not be relied upon as a complete
listing of a fund's holdings (or of a fund's top holdings) as information on particular holdings may be withheld if it is in the
fund's interest to do so. Additionally, foreign currency forwards are not included in the portfolio data. Instead, the net
market value of all currency forward contracts is included in cash and other net assets of the fund. Further, portfolio
holdings data of over-the-counter derivative investments such as Credit Default Swaps, Interest Rate Swaps or other
Swap contracts list only the name of counterparty to the derivative contract, not the details of the derivative. Complete
portfolio data can be found in the semi- and annual financial statements of the fund.
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
00037EAM8
ABAG FIN AUTH FOR NONPROFIT CO
475,000
$476,159
0.00%
6.65%
10/01/22
00037NFM3
ABAG FIN AUTH FOR NONPROFIT CO
5,500,000
$5,500,660
0.04%
5.45%
04/01/39
00037CNW6
ABAG FIN AUTH FOR NONPROFIT CO
8,620,000
$9,958,427
0.07%
6%
05/15/29
00037CPA2
ABAG FIN AUTH FOR NONPROFIT CO
9,050,000
$10,214,644
0.07%
5.625%
05/15/29
00037CUQ1
ABAG FIN AUTH FOR NONPROFIT CO
10,000,000
$10,480,600
0.08%
5%
11/15/35
00037CQP8
ABAG FIN AUTH FOR NONPROFIT CO
17,635,000
$20,296,297
0.15%
6.125%
05/15/40
00037CPL8
ABAG FIN AUTH FOR NONPROFIT CO
17,500,000
$20,581,400
0.15%
6.25%
08/01/39
010891PL7
ALAMEDA CALIF CTFS PARTN
7,000,000
$7,020,720
0.05%
5.3%
06/01/26
010891PM5
ALAMEDA CALIF CTFS PARTN
8,925,000
$8,948,919
0.07%
5%
06/01/28
010891PK9
ALAMEDA CALIF CTFS PARTN
19,195,000
$19,250,089
0.14%
5%
06/01/23
010869DU6
ALAMEDA CORRIDOR TRANS AUTH CA
20,000,000
$11,238,400
0.08%
N/A
10/01/29
010869DV4
ALAMEDA CORRIDOR TRANS AUTH CA
41,665,000
$22,203,695
0.16%
N/A
10/01/30
010869EQ4
ALAMEDA CORRIDOR TRANS AUTH CA
32,960,000
$35,225,670
0.26%
5.45%
10/01/25
010869EP6
ALAMEDA CORRIDOR TRANS AUTH CA
43,770,000
$46,721,411
0.34%
5.4%
10/01/24
010869EN1
ALAMEDA CORRIDOR TRANS AUTH CA
70,015,000
$74,763,417
0.55%
5.3%
10/01/23
010869EM3
ALAMEDA CORRIDOR TRANS AUTH CA
81,685,000
$87,224,876
0.64%
5.3%
10/01/22
016059BV8
ALHAMBRA CALIF UNI SCH DIST
13,025,000
$13,384,359
0.10%
5%
08/01/29
022555UK0
ALVORD CALIF UNI SCH DIST
15,000,000
$5,817,300
0.04%
N/A
08/01/36
022555TK2
ALVORD CALIF UNI SCH DIST
11,625,000
$12,879,802
0.09%
5%
08/01/32
022555VV5
ALVORD CALIF UNI SCH DIST
20,000,000
$21,955,600
0.16%
5%
08/01/42
022555UN4
ALVORD CALIF UNI SCH DIST
42,500,000
$33,100,700
0.24%
N/A
08/01/46
032591MR7
ANAHEIM CA UHSD GO
8,570,000
$5,633,061
0.04%
N/A
08/01/26
03255LBX6
ANAHEIM CALIF PUB FING AUTH RE
15,080,000
$5,388,385
0.04%
N/A
03/01/37
03255LBS7
ANAHEIM CALIF PUB FING AUTH RE
13,665,000
$6,437,171
0.05%
N/A
09/01/32
03255LBN8
ANAHEIM CALIF PUB FING AUTH RE
14,425,000
$8,593,549
0.06%
N/A
09/01/28
Page 1 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
03255LBU2
ANAHEIM CALIF PUB FING AUTH RE
24,970,000
$10,433,464
0.08%
N/A
09/01/34
03255LBP3
ANAHEIM CALIF PUB FING AUTH RE
24,810,000
$13,906,501
0.10%
N/A
09/01/29
03255LBM0
ANAHEIM CALIF PUB FING AUTH RE
22,860,000
$14,429,003
0.11%
N/A
09/01/27
03255LBT5
ANAHEIM CALIF PUB FING AUTH RE
37,070,000
$16,490,960
0.12%
N/A
09/01/33
03255LBL2
ANAHEIM CALIF PUB FING AUTH RE
29,430,000
$19,552,703
0.14%
N/A
09/01/26
03255LBJ7
ANAHEIM CALIF PUB FING AUTH RE
26,855,000
$19,804,488
0.14%
N/A
09/01/24
03667PCB6
ANTELOPE VALLEY CALIF CMNTY CO
14,900,000
$16,259,625
0.12%
5.25%
08/01/39
055031FU7
AZUSA CALIF REDEV AGY TAX ALLO
8,420,000
$9,526,724
0.07%
7%
08/01/38
057507HR9
BAKERSFIELD CALIF CITY SCH DIS
8,390,000
$9,060,780
0.07%
5%
11/01/31
058214BB2
BALDWIN PARK CALIF PUB FING AU
2,690,000
$2,700,894
0.02%
7.75%
08/01/19
058219SR8
BALDWIN PARK CALIF UNI SCH DIS
25,000,000
$3,149,750
0.02%
N/A
08/01/48
058219RD0
BALDWIN PARK CALIF UNI SCH DIS
11,410,000
$3,282,086
0.02%
N/A
08/01/36
058219SS6
BALDWIN PARK CALIF UNI SCH DIS
60,000,000
$5,126,400
0.04%
N/A
08/01/2053
07201RAN2
BAY AREA GOVT ASSN CALIF REV
210,000
$210,483
0.00%
5.3%
10/01/21
07201TSJ8
BAY AREA GOVT ASSN CALIF REV
445,000
$446,045
0.00%
5.375%
12/15/25
072024JL7
BAY AREA TOLL AUTH CALIF TOLL
18,000,000
$20,672,100
0.15%
5.5%
04/01/43
072024TJ1
BAY AREA TOLL AUTH CALIF TOLL
27,355,000
$30,886,256
0.23%
5.125%
04/01/48
072024TH5
BAY AREA TOLL AUTH CALIF TOLL
33,000,000
$37,965,510
0.28%
5.25%
04/01/2053
072024TF9
BAY AREA TOLL AUTH CALIF TOLL
36,040,000
$40,786,107
0.30%
5%
04/01/43
072024JM5
BAY AREA TOLL AUTH CALIF TOLL
53,585,000
$60,899,352
0.44%
5.125%
04/01/47
072024QK1
BAY AREA TOLL AUTH CALIF TOLL
75,000,000
$80,635,500
0.59%
5%
10/01/2050
072024JK9
BAY AREA TOLL AUTH CALIF TOLL
81,800,000
$92,640,136
0.68%
5%
04/01/39
072024DJ8
BAY AREA TOLL AUTH CALIF TOLL
101,435,000
$107,351,703
0.78%
5%
04/01/31
07786BAW0
BELL CALIF
080495CG7
BELMONT-REDWOOD SHORES CALIF S
088023HD1
13016NBX1
5,195,000
$5,194,636
0.04%
5%
08/01/34
10,000,000
$11,014,800
0.08%
5%
08/01/32
BEVERLY HILLS CALIF UNI SCH DI
8,590,000
$8,826,998
0.06%
5%
08/01/30
CALIFORNIA CNTY TOB STL - ALAM
7,500,000
$7,500,300
0.05%
5.875%
06/01/35
13016NEB6
CALIFORNIA CNTY TOB STL - KERN
10,295,000
$11,160,809
0.08%
5%
06/01/34
13016NEC4
CALIFORNIA CNTY TOB STL - KERN
17,650,000
$18,921,153
0.14%
5%
06/01/40
13016NAE4
CALIFORNIA CNTY TOB STL - STAN
8,690,000
$8,690,347
0.06%
5.875%
06/01/43
130175SC7
CALIFORNIA EDL FACS AUTH REV
4,120,000
$2,476,532
0.02%
N/A
10/01/28
130175SE3
CALIFORNIA EDL FACS AUTH REV
5,685,000
$3,067,228
0.02%
N/A
10/01/30
130175DL3
CALIFORNIA EDL FACS AUTH REV
5,150,000
$3,246,199
0.02%
N/A
09/01/26
Page 2 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
130175SG8
CALIFORNIA EDL FACS AUTH REV
7,615,000
$3,720,155
0.03%
N/A
10/01/32
130175SF0
CALIFORNIA EDL FACS AUTH REV
7,615,000
$3,905,428
0.03%
N/A
10/01/31
130175SB9
CALIFORNIA EDL FACS AUTH REV
7,365,000
$4,628,828
0.03%
N/A
10/01/27
130175SA1
CALIFORNIA EDL FACS AUTH REV
7,620,000
$5,030,343
0.04%
N/A
10/01/26
1301757M8
CALIFORNIA EDL FACS AUTH REV
5,220,000
$5,410,530
0.04%
5%
12/01/35
1301752J0
CALIFORNIA EDL FACS AUTH REV
7,275,000
$7,534,499
0.06%
5%
10/01/36
130178X84
CALIFORNIA EDL FACS AUTH REV
14,430,000
$19,615,709
0.14%
5%
06/01/43
130178VU7
CALIFORNIA EDL FACS AUTH REV
24,960,000
$34,739,328
0.25%
5.25%
04/01/40
130178X76
CALIFORNIA EDL FACS AUTH REV
28,495,000
$38,735,248
0.28%
5%
06/01/43
1301783W4
CALIFORNIA EDL FACS AUTH REV
90,580,000
$124,026,665
0.91%
5%
05/01/45
13033LLB1
CALIFORNIA HEALTH FACS FING AU
125,000
$150,096
0.00%
6.5%
10/01/38
13033JW81
CALIFORNIA HEALTH FACS FING AU
900,000
$903,609
0.01%
6.5%
12/01/22
13033AB83
CALIFORNIA HEALTH FACS FING AU
1,800,000
$1,801,764
0.01%
5.5%
12/01/22
13033ATY7
CALIFORNIA HEALTH FACS FING AU
2,780,000
$2,789,952
0.02%
5.75%
07/01/15
13033LEJ2
CALIFORNIA HEALTH FACS FING AU
4,200,000
$4,654,272
0.03%
5%
08/15/39
13033F7J3
CALIFORNIA HEALTH FACS FING AU
4,000,000
$4,774,640
0.03%
6.25%
10/01/28
13033A4K4
CALIFORNIA HEALTH FACS FING AU
6,340,000
$6,344,945
0.05%
5.4%
07/01/28
13033LLC9
CALIFORNIA HEALTH FACS FING AU
6,375,000
$7,667,977
0.06%
6.5%
10/01/38
13033ATZ4
CALIFORNIA HEALTH FACS FING AU
8,500,000
$8,531,535
0.06%
5.625%
07/01/19
13033LRT6
CALIFORNIA HEALTH FACS FING AU
10,000,000
$10,976,700
0.08%
5.25%
11/01/41
13033LHB6
CALIFORNIA HEALTH FACS FING AU
10,000,000
$11,055,700
0.08%
5.25%
07/01/38
13033LAU1
CALIFORNIA HEALTH FACS FING AU
10,000,000
$11,670,700
0.09%
6%
07/01/34
13033LUU9
CALIFORNIA HEALTH FACS FING AU
11,000,000
$12,409,980
0.09%
5.25%
08/15/41
13033LBM8
CALIFORNIA HEALTH FACS FING AU
10,500,000
$12,964,875
0.09%
6.5%
11/01/24
130795TW7
CALIFORNIA HEALTH FACS FING AU
13,000,000
$14,009,840
0.10%
5.25%
07/01/41
13033LBN6
CALIFORNIA HEALTH FACS FING AU
13,870,000
$16,979,654
0.12%
6.25%
11/01/29
13033LBE6
CALIFORNIA HEALTH FACS FING AU
18,000,000
$20,553,840
0.15%
5.75%
09/01/39
13033F2Z2
CALIFORNIA HEALTH FACS FING AU
30,300,000
$32,723,394
0.24%
5%
08/15/38
13033JSJ2
CALIFORNIA HEALTH FACS FING AU
43,780,000
$43,607,069
0.32%
7%
09/01/21
13033LSJ7
CALIFORNIA HEALTH FACS FING AU
50,000,000
$55,123,500
0.40%
5.25%
03/01/41
13033FQ45
CALIFORNIA HEALTH FACS FING AU
76,570,000
$81,651,185
0.60%
5.25%
11/15/46
13033K8D4
CALIFORNIA HSG FIN AGY REV
5,000,000
$5,036,650
0.04%
4.75%
08/01/36
13033EY64
CALIFORNIA HSG FIN AGY REV
11,950,000
$11,951,195
0.09%
5.5%
08/01/39
Page 3 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
13033WLA9
CALIFORNIA INFRASTRUCTURE & EC
5,000,000
$6,534,350
0.05%
5%
07/01/33
13033WKZ5
CALIFORNIA INFRASTRUCTURE & EC
50,985,000
$66,342,701
0.48%
5%
07/01/29
130493BK4
CALIFORNIA MUN FIN AUTH COP
10,000,000
$11,036,300
0.08%
5.375%
02/01/29
130493BL2
CALIFORNIA MUN FIN AUTH COP
13,250,000
$14,579,107
0.11%
5.5%
02/01/39
130493AS8
CALIFORNIA MUN FIN AUTH COP
37,100,000
$39,013,989
0.29%
5.25%
02/01/37
130493AT6
CALIFORNIA MUN FIN AUTH COP
90,650,000
$92,858,234
0.68%
5.25%
02/01/46
13048TGP2
CALIFORNIA MUN FIN AUTH REV
7,000,000
$7,732,130
0.06%
5.75%
07/01/40
13048TQN6
CALIFORNIA MUN FIN AUTH REV
33,895,000
$36,973,343
0.27%
5.75%
12/01/43
13062PRW4
CALIFORNIA ST GO
5,000
$5,020
0.00%
5.125%
04/01/24
13062PRY0
CALIFORNIA ST GO
20,000
$20,084
0.00%
5.2%
04/01/26
130628E97
CALIFORNIA ST GO
210,000
$212,045
0.00%
5.9%
03/01/25
13062TGQ1
CALIFORNIA ST GO
255,000
$257,386
0.00%
5.625%
09/01/24
13063AMG6
CALIFORNIA ST GO
415,000
$418,743
0.00%
5.5%
03/01/20
13063ALY8
CALIFORNIA ST GO
540,000
$547,408
0.00%
5.5%
04/01/19
130628C99
CALIFORNIA ST GO
905,000
$909,552
0.01%
6%
08/01/19
130628D31
CALIFORNIA ST GO
990,000
$995,029
0.01%
6%
08/01/24
130628A75
CALIFORNIA ST GO
2,565,000
$2,615,479
0.02%
6%
05/01/24
13063CAU4
CALIFORNIA ST GO
5,005,000
$5,074,719
0.04%
5.625%
10/01/26
13063BPX4
CALIFORNIA ST GO
15,250,000
$17,106,992
0.12%
5%
10/01/41
13063AER1
CALIFORNIA ST GO
20,000,000
$21,686,800
0.16%
5%
06/01/32
13063ACP7
CALIFORNIA ST GO
26,000,000
$28,192,840
0.21%
5%
06/01/32
13063BES7
CALIFORNIA ST GO
25,000,000
$28,747,500
0.21%
5.5%
03/01/40
13063CMC1
CALIFORNIA ST GO
25,000,000
$28,783,000
0.21%
5%
10/01/44
13063BER9
CALIFORNIA ST GO
25,000,000
$30,950,000
0.23%
6%
03/01/33
13063B3X8
CALIFORNIA ST GO
44,745,000
$50,811,079
0.37%
5%
04/01/43
13063A2Z6
CALIFORNIA ST GO
48,000,000
$53,011,200
0.39%
5%
08/01/34
13063AG65
CALIFORNIA ST GO
59,045,000
$64,243,321
0.47%
5.25%
03/01/38
13063A4Y7
CALIFORNIA ST GO
57,130,000
$67,837,875
0.50%
6%
04/01/38
13063BKC5
CALIFORNIA ST GO
69,685,000
$80,368,407
0.59%
5.25%
11/01/40
13063BWB4
CALIFORNIA ST GO
85,000,000
$96,216,600
0.70%
5%
04/01/42
13063BBZ4
CALIFORNIA ST GO
100,000,000
$120,966,000
0.88%
6%
11/01/39
13033L4G9
CALIFORNIA ST HLTH FACS FING A
9,000,000
$10,435,410
0.08%
5%
10/01/38
13033LWR4
CALIFORNIA ST HLTH FACS FING A
39,455,000
$43,766,247
0.32%
5%
08/15/2051
Page 4 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
13033LW52
CALIFORNIA ST HLTH FACS FING A
76,565,000
$85,638,718
0.63%
5%
08/15/2052
130684GU1
CALIFORNIA ST PUB WKS BRD LEAS
4,810,000
$4,827,123
0.04%
5%
06/01/25
13068HNR1
CALIFORNIA ST PUB WKS BRD LEAS
7,500,000
$7,529,850
0.06%
5%
10/01/19
13068HED2
CALIFORNIA ST PUB WKS BRD LEAS
8,320,000
$8,359,020
0.06%
5.9%
04/01/17
13068HJF2
CALIFORNIA ST PUB WKS BRD LEAS
8,645,000
$8,679,061
0.06%
5.25%
10/01/22
130685ZY9
CALIFORNIA ST PUB WKS BRD LEAS
8,700,000
$10,239,639
0.07%
5.5%
03/01/25
130685A26
CALIFORNIA ST PUB WKS BRD LEAS
10,000,000
$11,944,000
0.09%
6%
03/01/35
130685T26
CALIFORNIA ST PUB WKS BRD LEAS
15,000,000
$16,947,300
0.12%
5%
12/01/31
13068LAS4
CALIFORNIA ST PUB WKS BRD LEAS
16,520,000
$18,918,538
0.14%
5%
11/01/31
1306852Y5
CALIFORNIA ST PUB WKS BRD LEAS
17,885,000
$20,232,585
0.15%
5%
04/01/32
1306852J8
CALIFORNIA ST PUB WKS BRD LEAS
29,000,000
$32,346,600
0.24%
5%
04/01/37
13068LLB9
CALIFORNIA ST PUB WKS BRD LEAS
40,000,000
$45,394,000
0.33%
5%
11/01/38
1306852G4
CALIFORNIA ST PUB WKS BRD LEAS
48,070,000
$54,580,600
0.40%
5%
04/01/31
130685YN4
CALIFORNIA ST PUB WKS BRD LEAS
50,000,000
$61,328,500
0.45%
6.375%
11/01/34
130685XA3
CALIFORNIA ST PUB WKS BRD LEAS
100,000,000
$118,013,000
0.86%
5.75%
10/01/30
13063CLC2
CALIFORNIA ST RAN
25,000,000
$25,162,750
0.18%
1.5%
06/22/15
13077CQ98
CALIFORNIA ST UNIV REV
3,280,000
$3,387,321
0.02%
5%
11/01/35
13077CQ80
CALIFORNIA ST UNIV REV
4,100,000
$4,249,609
0.03%
5%
11/01/30
13077CP99
CALIFORNIA ST UNIV REV
9,620,000
$10,001,914
0.07%
5%
11/01/35
13077CP81
CALIFORNIA ST UNIV REV
11,390,000
$11,842,183
0.09%
5%
11/01/30
13077CM43
CALIFORNIA ST UNIV REV
23,000,000
$26,843,760
0.20%
5%
11/01/39
13077CVY7
CALIFORNIA ST UNIV REV
29,645,000
$33,275,623
0.24%
5%
11/01/42
13077CM50
CALIFORNIA ST UNIV REV
32,345,000
$37,393,407
0.27%
5%
11/01/44
13078AUX3
CALIFORNIA STATEWIDE CMNTYS DE
275,000
$275,885
0.00%
5.25%
10/01/24
13077THZ3
CALIFORNIA STATEWIDE CMNTYS DE
900,000
$902,547
0.01%
5.375%
04/01/17
130911C57
CALIFORNIA STATEWIDE CMNTYS DE
2,800,000
$2,793,280
0.02%
5.25%
07/01/25
130911MP2
CALIFORNIA STATEWIDE CMNTYS DE
3,400,000
$3,410,098
0.02%
5.5%
01/01/28
130795JS7
CALIFORNIA STATEWIDE CMNTYS DE
4,000,000
$4,461,800
0.03%
5%
10/01/37
13078RAW0
CALIFORNIA STATEWIDE CMNTYS DE
4,945,000
$4,945,939
0.04%
5.875%
07/01/32
130911A91
CALIFORNIA STATEWIDE CMNTYS DE
5,000,000
$4,984,200
0.04%
5.25%
07/01/30
130911A83
CALIFORNIA STATEWIDE CMNTYS DE
5,640,000
$5,627,422
0.04%
5.25%
07/01/24
13077TFT9
CALIFORNIA STATEWIDE CMNTYS DE
5,750,000
$5,760,982
0.04%
5%
04/01/18
13077TFU6
CALIFORNIA STATEWIDE CMNTYS DE
6,000,000
$6,005,400
0.04%
5.125%
04/01/23
Page 5 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
130911V31
CALIFORNIA STATEWIDE CMNTYS DE
6,300,000
$6,327,468
0.05%
5%
03/01/30
13078RET3
CALIFORNIA STATEWIDE CMNTYS DE
8,000,000
$8,889,040
0.06%
5.125%
05/15/31
13078REU0
CALIFORNIA STATEWIDE CMNTYS DE
8,500,000
$9,514,135
0.07%
5.375%
05/15/38
13078REQ9
CALIFORNIA STATEWIDE CMNTYS DE
9,500,000
$10,434,800
0.08%
5.5%
05/15/26
130795TX5
CALIFORNIA STATEWIDE CMNTYS DE
9,770,000
$10,874,987
0.08%
5.5%
07/01/30
130795VJ3
CALIFORNIA STATEWIDE CMNTYS DE
10,000,000
$10,879,900
0.08%
5%
04/01/31
1309116N5
CALIFORNIA STATEWIDE CMNTYS DE
10,515,000
$11,275,549
0.08%
4.75%
04/01/33
130795RC3
CALIFORNIA STATEWIDE CMNTYS DE
12,000,000
$13,349,400
0.10%
5.75%
07/01/47
130911B25
CALIFORNIA STATEWIDE CMNTYS DE
13,900,000
$13,762,251
0.10%
5.25%
07/01/35
130795UB1
CALIFORNIA STATEWIDE CMNTYS DE
12,675,000
$14,088,642
0.10%
5.5%
07/01/31
130795B63
CALIFORNIA STATEWIDE CMNTYS DE
12,290,000
$14,816,455
0.11%
6.25%
08/01/24
130795RL3
CALIFORNIA STATEWIDE CMNTYS DE
15,300,000
$16,531,497
0.12%
5.25%
07/01/47
13077TJA6
CALIFORNIA STATEWIDE CMNTYS DE
19,025,000
$19,076,177
0.14%
5.375%
04/01/30
130911M23
CALIFORNIA STATEWIDE CMNTYS DE
20,000,000
$20,384,000
0.15%
5%
07/01/27
130795Y68
CALIFORNIA STATEWIDE CMNTYS DE
18,500,000
$21,088,150
0.15%
5.25%
11/01/30
130795PQ4
CALIFORNIA STATEWIDE CMNTYS DE
20,000,000
$21,618,800
0.16%
5%
12/01/37
130911B33
CALIFORNIA STATEWIDE CMNTYS DE
23,930,000
$22,700,237
0.17%
5%
07/01/39
130795XF9
CALIFORNIA STATEWIDE CMNTYS DE
20,000,000
$22,906,800
0.17%
6.25%
08/15/33
130795B89
CALIFORNIA STATEWIDE CMNTYS DE
19,690,000
$23,744,958
0.17%
6.75%
02/01/38
130795B71
CALIFORNIA STATEWIDE CMNTYS DE
20,015,000
$24,439,315
0.18%
6.625%
08/01/29
130795UD7
CALIFORNIA STATEWIDE CMNTYS DE
23,925,000
$25,711,479
0.19%
5%
11/15/38
130909EY6
CALIFORNIA STATEWIDE CMNTYS DE
24,545,000
$27,834,520
0.20%
5.75%
10/01/25
130795QY6
CALIFORNIA STATEWIDE CMNTYS DE
29,600,000
$32,928,520
0.24%
5.75%
07/01/47
130795XG7
CALIFORNIA STATEWIDE CMNTYS DE
36,500,000
$40,821,965
0.30%
5.75%
08/15/38
130911M31
CALIFORNIA STATEWIDE CMNTYS DE
45,000,000
$46,060,200
0.34%
5%
07/01/35
1309112G4
CALIFORNIA STATEWIDE CMNTYS DE
46,980,000
$48,884,569
0.36%
5%
03/01/41
130795Y76
CALIFORNIA STATEWIDE CMNTYS DE
56,000,000
$61,592,160
0.45%
5%
11/01/40
13078RES5
CALIFORNIA STATEWIDE CMNTYS DE
59,000,000
$65,068,740
0.48%
6%
05/15/40
130795TD9
CALIFORNIA STATEWIDE CMNTYS DE
63,255,000
$68,610,168
0.50%
5.25%
11/15/48
1307955E3
CALIFORNIA STATEWIDE CMNTYS DE
88,945,000
$98,543,054
0.72%
5%
04/01/42
130911U24
CALIFORNIA STATEWIDE CMNTYS DE
108,300,000
$111,669,213
0.82%
5%
11/15/43
1309112H2
CALIFORNIA STATEWIDE CMNTYS DE
179,945,000
$187,054,626
1.37%
5.25%
03/01/45
134121AV4
CAMPBELL CALIF REDEV AGY TAX A
5,000,000
$5,001,650
0.04%
6%
10/01/33
Page 6 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
134141RC6
CAMPBELL CALIF UN SCH DIST
5,000,000
$4,431,250
0.03%
N/A
08/01/20
134141RD4
CAMPBELL CALIF UN SCH DIST
6,280,000
$5,355,081
0.04%
N/A
08/01/21
134159NV0
CAMPBELL CALIF UN SCH DIST
5,205,000
$5,682,662
0.04%
5%
08/01/28
134141XG0
CAMPBELL CALIF UN SCH DIST
6,260,000
$6,543,703
0.05%
5%
08/01/29
142665CP1
CARLSBAD CALIF UNI SCH DIST
14,000,000
$13,058,500
0.10%
N/A
05/01/34
142665DF2
CARLSBAD CALIF UNI SCH DIST
33,000,000
$25,252,590
0.18%
N/A
08/01/35
152339HX8
CENTINELA VALLEY CA USD GO
15,630,000
$20,452,323
0.15%
5.5%
08/01/33
156792DP5
CERRITOS CALIF CMNTY COLLEGE D
16,580,000
$17,771,936
0.13%
5%
08/01/31
156809CV5
CERRITOS CALIF PUB FING AUTH R
1,675,000
$1,798,497
0.01%
5%
11/01/22
168520KP8
CHICO CA UNIF SCH DIST
8,000,000
$8,844,240
0.06%
5%
08/01/43
168515BV5
CHICO CALIF REDEV AGY TAX ALLO
4,000,000
$4,030,200
0.03%
5%
04/01/32
16876QBF5
CHILDRENS TR FD PR TOB SETTLEM
7,210,000
$6,866,010
0.05%
5.5%
05/15/39
16876QBG3
CHILDRENS TR FD PR TOB SETTLEM
25,500,000
$24,037,065
0.18%
5.625%
05/15/43
17131HBD9
CHULA VISTA CA IDR
8,500,000
$8,679,265
0.06%
5.3%
07/01/21
17131HBC1
CHULA VISTA CA IDR
14,000,000
$14,320,180
0.10%
5.5%
12/01/21
17131HCK2
CHULA VISTA CA IDR
17,500,000
$20,865,250
0.15%
5.875%
02/15/34
20056NCU2
COMMERCE CALIF JT PWRS FING AU
5,175,000
$5,176,966
0.04%
5.125%
08/01/35
204712GV9
COMPTON CALIF CMNTY REDEV AGY
10,000,000
$10,251,000
0.07%
6%
08/01/42
204712GT4
COMPTON CALIF CMNTY REDEV AGY
10,000,000
$10,272,700
0.08%
5.7%
08/01/30
204712GU1
COMPTON CALIF CMNTY REDEV AGY
11,160,000
$11,494,130
0.08%
6%
08/01/35
204730BL8
COMPTON CALIF SWR REV
11,775,000
$12,252,594
0.09%
6%
09/01/39
204736DF6
COMPTON CALIF UNI SCH DIST
5,660,000
$5,950,924
0.04%
5%
06/01/29
21223TEL3
CONTRA COSTA CNTY CALIF COP
6,810,000
$6,798,831
0.05%
N/A
11/01/15
219770DV3
CORONADO CALIF CMNTY DEV AGY T
6,115,000
$6,133,650
0.04%
5%
09/01/34
229736DE0
CUDAHY CALIF REDEV AGY TAX ALL
6,280,000
$6,370,243
0.05%
6%
10/01/27
235669ET1
DALY CITY CALIF HSG DEV FIN AG
17,870,000
$18,166,642
0.13%
5%
12/15/47
245595FB4
DELANO CALIF UN HIGH SCH DIST
8,520,000
$9,750,969
0.07%
5.15%
02/01/32
271014YE6
EAST BAY CALIF MUN UTIL DIST W
3,365,000
$3,430,684
0.03%
5%
06/01/28
271014YK2
EAST BAY CALIF MUN UTIL DIST W
3,635,000
$3,702,065
0.03%
5%
06/01/28
271014YM8
EAST BAY CALIF MUN UTIL DIST W
4,510,000
$4,591,721
0.03%
5%
06/01/30
271014YN6
EAST BAY CALIF MUN UTIL DIST W
7,505,000
$7,632,960
0.06%
5%
06/01/35
271014YG1
EAST BAY CALIF MUN UTIL DIST W
10,490,000
$10,694,764
0.08%
5%
06/01/30
271014XA5
EAST BAY CALIF MUN UTIL DIST W
10,000,000
$11,981,100
0.09%
5%
06/01/35
Page 7 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
271014YF3
EAST BAY CALIF MUN UTIL DIST W
13,230,000
$13,488,249
0.10%
5%
06/01/29
271014YL0
EAST BAY CALIF MUN UTIL DIST W
14,265,000
$14,525,193
0.11%
5%
06/01/29
271014YP1
EAST BAY CALIF MUN UTIL DIST W
14,000,000
$16,429,280
0.12%
5%
06/01/44
271014YH9
EAST BAY CALIF MUN UTIL DIST W
20,000,000
$20,390,400
0.15%
5%
06/01/35
271014PR7
EAST BAY CALIF MUN UTIL DIST W
99,545,000
$107,637,013
0.79%
5%
06/01/37
282829AK6
EL CENTRO CALIF FING AUTH
6,790,000
$6,806,499
0.05%
5.25%
03/01/26
30377QBA1
FAIRFAX CALIF ELEM SCH DIST
10,380,000
$1,890,301
0.01%
N/A
11/01/48
304198GD0
FAIRFIELD CALIF CTFS PARTN
10,000,000
$10,596,100
0.08%
5%
04/01/42
343261ER0
FLORIN CALIF RESOURCE CONSV DI
8,215,000
$8,275,955
0.06%
5%
03/01/33
344619FY2
FONTANA CALIF REDEV AGY TAX AL
12,500,000
$12,596,500
0.09%
5.5%
10/01/27
345105BC3
FOOTHILL/EASTERN CORRIDOR AGY
2,000,000
$1,441,060
0.01%
N/A
01/01/28
345105AX8
FOOTHILL/EASTERN CORRIDOR AGY
5,765,000
$4,863,757
0.04%
N/A
01/01/23
345105BB5
FOOTHILL/EASTERN CORRIDOR AGY
15,000,000
$11,256,150
0.08%
N/A
01/01/27
345105AH3
FOOTHILL/EASTERN CORRIDOR AGY
15,955,000
$16,016,426
0.12%
5%
01/01/35
345105HU7
FOOTHILL/EASTERN CORRIDOR AGY
41,250,000
$16,301,175
0.12%
N/A
01/15/37
345105AZ3
FOOTHILL/EASTERN CORRIDOR AGY
20,660,000
$16,425,526
0.12%
N/A
01/01/25
345105BA7
FOOTHILL/EASTERN CORRIDOR AGY
23,475,000
$18,101,807
0.13%
N/A
01/01/26
345105HW3
FOOTHILL/EASTERN CORRIDOR AGY
56,100,000
$19,624,902
0.14%
N/A
01/15/39
345105BD1
FOOTHILL/EASTERN CORRIDOR AGY
35,310,000
$24,501,255
0.18%
N/A
01/01/29
345105AW0
FOOTHILL/EASTERN CORRIDOR AGY
30,835,000
$27,263,381
0.20%
N/A
01/01/22
345105HX1
FOOTHILL/EASTERN CORRIDOR AGY
130,000,000
$28,018,900
0.20%
N/A
01/15/42
345105HV5
FOOTHILL/EASTERN CORRIDOR AGY
77,650,000
$28,893,565
0.21%
N/A
01/15/38
345105AY6
FOOTHILL/EASTERN CORRIDOR AGY
72,045,000
$59,027,909
0.43%
N/A
01/01/24
345105HL7
FOOTHILL/EASTERN CORRIDOR AGY
98,000,000
$64,622,180
0.47%
N/A
01/15/42
345105GZ7
FOOTHILL/EASTERN CORRIDOR AGY
190,000,000
$221,682,500
1.62%
6%
01/15/2053
345105HA1
FOOTHILL/EASTERN CORRIDOR AGY
260,000,000
$301,225,600
2.20%
5.75%
01/15/46
345105GY0
FOOTHILL/EASTERN CORRIDOR AGY
305,000,000
$356,365,050
2.60%
6%
01/15/49
3571543U5
FREMONT CALIF UNI SCH DIST ALA
10,000,000
$10,275,900
0.08%
5%
08/01/28
358232M29
FRESNO CALIF UNI SCH DIST GO
35,000,000
$7,002,100
0.05%
N/A
08/01/41
358232P75
FRESNO CALIF UNI SCH DIST GO
47,000,000
$9,402,820
0.07%
N/A
08/01/41
378394DD9
GLENDALE CALIF CMNTY COLLEGE D
15,000,000
$8,343,300
0.06%
N/A
08/01/28
38122NPB2
GOLDEN STATE TOBACCO SECURITIZ
5,000,000
$3,773,950
0.03%
5.125%
06/01/47
38122NJA1
GOLDEN STATE TOBACCO SECURITIZ
14,085,000
$14,326,276
0.10%
5%
06/01/45
Page 8 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
38122NHS4
GOLDEN STATE TOBACCO SECURITIZ
20,000,000
$20,342,600
0.15%
5%
06/01/45
38122NHZ8
GOLDEN STATE TOBACCO SECURITIZ
30,000,000
$30,513,900
0.22%
5%
06/01/45
38122NXD9
GOLDEN STATE TOBACCO SECURITIZ
30,000,000
$30,520,200
0.22%
5%
06/01/45
38122NGG1
GOLDEN STATE TOBACCO SECURITIZ
34,000,000
$34,582,420
0.25%
5%
06/01/45
38122NUB6
GOLDEN STATE TOBACCO SECURITIZ
50,000,000
$50,965,500
0.37%
5%
06/01/35
38122NPA4
GOLDEN STATE TOBACCO SECURITIZ
77,500,000
$64,043,675
0.47%
5.75%
06/01/47
386485BV7
GRAND TERRACE CALIF CMNTY REDE
10,000,000
$10,995,500
0.08%
6%
09/01/33
417123DB9
HARTNELL CA COMMUN COLLEGE GO
20,000,000
$17,435,000
0.13%
N/A
08/01/33
420524LW8
HAWTHORNE CALIF SCH DIST
37,665,000
$8,263,701
0.06%
N/A
08/01/48
422153AP1
HEALDSBURG CALIF REDEV AGY TAX
7,750,000
$8,975,817
0.07%
5.375%
08/01/34
446186KV9
HUNTINGTON BEACH CALIF CITY SC
10,005,000
$6,281,439
0.05%
N/A
08/01/28
45734TAC8
INLAND EMPIRE TOB ASSET SECURI
35,000,000
$35,220,850
0.26%
5.75%
06/01/26
46361RBL9
IRVINE CALIF UNI SCH DIST SPL
2,865,000
$2,930,980
0.02%
5%
09/01/26
46361RBM7
IRVINE CALIF UNI SCH DIST SPL
10,585,000
$10,820,727
0.08%
5.125%
09/01/36
492245CG8
KERN CALIF CMNTY COLLEGE DIST
15,000,000
$15,865,500
0.12%
5%
03/01/34
503736BY5
LA PALMA CALIF CMNTY DEV COMMN
1,205,000
$1,215,350
0.01%
6.1%
06/01/22
50963JEP9
LAKE ELSINORE CALIF PUB FING A
10,065,000
$10,891,135
0.08%
5.25%
09/01/33
513796BE1
LANCASTER CALIF REDEV AGY RESI
5,000
$5,772
0.00%
10.125%
09/01/16
519550BE6
LAWNDALE CALIF REDEV AGY TAX A
10,280,000
$11,145,473
0.08%
5.5%
08/01/39
525651EA9
LEMON GROVE CALIF SCH DIST
20,990,000
$3,870,556
0.03%
N/A
08/01/2050
541482JM8
LOMA LINDA CALIF HOSP REV
8,700,000
$9,073,230
0.07%
5%
12/01/23
541482JR7
LOMA LINDA CALIF HOSP REV
35,000,000
$42,365,050
0.31%
8.25%
12/01/38
542411GF4
LONG BEACH CALIF CMNTY COLLEGE
8,630,000
$8,914,617
0.07%
4%
08/01/42
54241AAW3
LONG BEACH CALIF FIN AUTH NAT
5,000,000
$6,195,000
0.05%
5.5%
11/15/30
54241AAU7
LONG BEACH CALIF FIN AUTH NAT
8,000,000
$9,894,080
0.07%
5.5%
11/15/28
54241AAV5
LONG BEACH CALIF FIN AUTH NAT
17,465,000
$20,657,776
0.15%
5%
11/15/29
54241AAZ6
LONG BEACH CALIF FIN AUTH NAT
35,000,000
$43,296,750
0.32%
5.5%
11/15/37
54241AAY9
LONG BEACH CALIF FIN AUTH NAT
69,800,000
$81,675,772
0.60%
5%
11/15/35
544495JT2
LOS ANGELES CA DEPT OF WTR & P
10,000,000
$10,219,700
0.07%
5%
07/01/31
544495PU2
LOS ANGELES CA DEPT OF WTR & P
10,000,000
$11,221,900
0.08%
5.25%
07/01/38
544495MJ0
LOS ANGELES CA DEPT OF WTR & P
11,345,000
$12,292,988
0.09%
5%
07/01/37
544525GV4
LOS ANGELES CA DEPT OF WTR & P
14,385,000
$15,203,074
0.11%
5%
07/01/36
544495L28
LOS ANGELES CA DEPT OF WTR & P
13,950,000
$16,238,497
0.12%
5%
07/01/39
Page 9 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
544525KF4
LOS ANGELES CA DEPT OF WTR & P
18,000,000
$19,485,720
0.14%
5%
07/01/38
544495L36
LOS ANGELES CA DEPT OF WTR & P
25,000,000
$28,900,250
0.21%
5%
07/01/44
544525KH0
LOS ANGELES CA DEPT OF WTR & P
38,000,000
$40,962,860
0.30%
5%
07/01/44
544525TL2
LOS ANGELES CA DEPT OF WTR & P
50,000,000
$57,800,500
0.42%
5%
07/01/44
544495H64
LOS ANGELES CA DEPT OF WTR & P
51,940,000
$60,043,159
0.44%
5%
07/01/44
544495JU9
LOS ANGELES CA DEPT OF WTR & P
63,435,000
$64,812,808
0.47%
5%
07/01/35
544495D76
LOS ANGELES CA DEPT OF WTR & P
62,000,000
$71,282,020
0.52%
5%
07/01/43
544525QC5
LOS ANGELES CA DEPT OF WTR & P
81,095,000
$91,955,242
0.67%
5%
07/01/43
544552XH0
LOS ANGELES CA HARBOR DEPT REV
10,300,000
$11,909,581
0.09%
5%
08/01/44
54438CLM2
LOS ANGELES CALIF CMNTY COLLEG
20,000,000
$22,828,400
0.17%
5%
08/01/33
54438CHL9
LOS ANGELES CALIF CMNTY COLLEG
21,500,000
$23,861,775
0.17%
5%
08/01/32
54438CKU5
LOS ANGELES CALIF CMNTY COLLEG
25,000,000
$28,535,500
0.21%
5%
08/01/33
544435G79
LOS ANGELES CALIF DEPT ARPTS A
14,000,000
$15,827,140
0.12%
5.25%
05/15/39
544435B25
LOS ANGELES CALIF DEPT ARPTS A
16,000,000
$17,676,160
0.13%
5.125%
05/15/33
544435G61
LOS ANGELES CALIF DEPT ARPTS A
18,500,000
$20,813,240
0.15%
5%
05/15/34
544435K41
LOS ANGELES CALIF DEPT ARPTS A
19,445,000
$21,972,266
0.16%
5%
05/15/40
544435U81
LOS ANGELES CALIF DEPT ARPTS A
80,000,000
$91,044,800
0.67%
5%
05/15/35
544646UM2
LOS ANGELES CALIF UNI SCH DIST
2,250,000
$2,576,722
0.02%
5%
07/01/29
544646TP7
LOS ANGELES CALIF UNI SCH DIST
10,000,000
$11,452,100
0.08%
5%
07/01/29
544644M79
LOS ANGELES CALIF UNI SCH DIST
15,000,000
$15,353,400
0.11%
5%
07/01/30
544646TQ5
LOS ANGELES CALIF UNI SCH DIST
36,760,000
$41,452,414
0.30%
5%
01/01/34
5446523U2
LOS ANGELES CALIF WASTEWTR SYS
25,000,000
$27,567,750
0.20%
5%
06/01/39
545149DT0
LOS ANGELES CNTY CALIF SANTN D
215,000
$221,725
0.00%
5%
10/01/34
545149EX0
LOS ANGELES CNTY CALIF SANTN D
6,000,000
$6,187,680
0.05%
5%
10/01/30
545540DQ6
LOS GATOS-SARATOGA CA JT SCH D
10,635,000
$11,134,632
0.08%
4%
08/01/39
545540DR4
LOS GATOS-SARATOGA CA JT SCH D
16,090,000
$16,739,070
0.12%
4%
08/01/44
556902CG7
MADERA CNTY CALIF CTFS PARTN
8,500,000
$8,510,285
0.06%
5%
03/15/23
556902BJ2
MADERA CNTY CALIF CTFS PARTN
27,500,000
$27,550,050
0.20%
5.75%
03/15/28
601643BX6
MILPITAS CALIF REDEV AGY
5,165,000
$5,303,628
0.04%
5.4%
01/15/17
601643BW8
MILPITAS CALIF REDEV AGY
11,790,000
$13,779,326
0.10%
5.5%
01/15/24
607743JV4
MODESTO CALIF HIGH SCH DIST ST
9,660,000
$8,189,265
0.06%
N/A
08/01/21
607743JX0
MODESTO CALIF HIGH SCH DIST ST
10,815,000
$8,421,856
0.06%
N/A
08/01/23
607743KB6
MODESTO CALIF HIGH SCH DIST ST
12,770,000
$8,460,380
0.06%
N/A
05/01/27
Page 10 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
616871GV5
MORENO VALLEY CALIF UNI SCH DI
6,315,000
$4,502,279
0.03%
N/A
08/01/27
616871GW3
MORENO VALLEY CALIF UNI SCH DI
6,625,000
$4,548,857
0.03%
N/A
08/01/28
623040FW7
MOUNT SAN ANTONIO CALIF CMNTY
55,000,000
$37,000,700
0.27%
N/A
08/01/43
55374SAF7
M-S-R ENERGY AUTH CALIF
25,000,000
$33,999,250
0.25%
6.5%
11/01/39
553751FG8
M-S-R PUB PWR AGY CALIF SAN JU
6,330,000
$7,677,783
0.06%
6%
07/01/22
626904CK0
MURRIETA VALLEY CA USD COP
12,000,000
$12,972,120
0.09%
5.75%
05/01/41
63877NES2
NATOMAS UNI SCH DIST CALIF
16,450,000
$17,391,269
0.13%
5%
08/01/32
640009AM8
NEEDLES CALIF PUB FING AUTH TA
950,000
$951,396
0.01%
7.5%
08/15/22
652113WS6
NEWPORT MESA CALIF UNI SCH DIS
20,000,000
$18,343,200
0.13%
N/A
08/01/42
671205B76
OAK GROVE CALIF SCH DIST
36,240,000
$6,721,070
0.05%
N/A
06/01/41
672240RD2
OAKLAND CALIF
10,045,000
$11,683,841
0.09%
6.25%
01/15/39
672325TR8
OAKLAND CALIF UNI SCH DIST ALA
7,225,000
$8,241,846
0.06%
6.125%
08/01/29
684421DK3
ORANGE CNTY CALIF WTR DIST CTF
3,305,000
$4,296,929
0.03%
5%
08/15/34
684421DJ6
ORANGE CNTY CALIF WTR DIST CTF
4,140,000
$5,529,549
0.04%
5%
08/15/34
684421BZ2
ORANGE CNTY CALIF WTR DIST CTF
13,740,000
$17,484,150
0.13%
5%
08/15/28
692020E71
OXNARD CA SCH DIST
10,755,000
$10,848,568
0.08%
4%
08/01/44
696716ET2
PALMDALE CALIF CMNTY REDEV AGY
6,980,000
$6,985,025
0.05%
5%
09/01/34
697480AT8
PALO VERDE CALIF CMNTY COLLEGE
21,000,000
$21,645,330
0.16%
5.5%
01/01/37
697511BX0
PALOMAR CALIF CMNTY COLLEGE DI
69,410,000
$53,980,851
0.39%
N/A
08/01/39
69753RCY8
PALOMAR POMERADO HEALTH CALIF
36,000,000
$37,006,920
0.27%
N/A
08/01/38
69753RDH4
PALOMAR POMERADO HEALTH CALIF
60,000,000
$58,105,200
0.42%
N/A
08/01/40
69753LAJ6
PALOMAR POMERADO HEALTH CARE D
30,000,000
$32,128,200
0.23%
6.75%
11/01/39
699211KJ6
PARAMOUNT CALIF UNI SCH DIST
28,000,000
$3,503,080
0.03%
N/A
08/01/48
699211KE7
PARAMOUNT CALIF UNI SCH DIST
32,000,000
$6,005,760
0.04%
N/A
08/01/43
71437RBQ6
PERRIS CALIF PUB FING AUTH REV
5,000,000
$5,006,800
0.04%
5.75%
10/01/31
714386AT6
PERRIS CALIF SINGLE FAMILY MTG
19,095,000
$15,704,491
0.11%
N/A
06/01/23
714392BY2
PERRIS CALIF SPL TAX CFD #91-1
3,350,000
$3,369,128
0.02%
8.75%
09/01/21
725894KG3
PLACENTIA-YORBA LINDA CALIF UN
27,955,000
$7,905,953
0.06%
N/A
08/01/43
725894KJ7
PLACENTIA-YORBA LINDA CALIF UN
85,000,000
$17,946,050
0.13%
N/A
08/01/49
725894KH1
PLACENTIA-YORBA LINDA CALIF UN
89,200,000
$21,821,888
0.16%
N/A
08/01/46
734295BW7
PORT HUENEME CALIF REDEV AGY T
1,695,000
$1,699,152
0.01%
6.5%
05/01/23
738850RH1
POWAY CALIF UNI SCH DIST
45,000,000
$11,008,800
0.08%
N/A
08/01/46
74514LVL8
PUERTO RICO COMWLTH GO
10,000,000
$7,279,600
0.05%
5.125%
07/01/28
Page 11 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
74514LVN4
PUERTO RICO COMWLTH GO
10,000,000
$7,395,000
0.05%
6%
07/01/38
745145ZB1
PUERTO RICO COMWLTH GO
10,000,000
$10,521,000
0.08%
5.5%
07/01/20
74514LQC4
PUERTO RICO COMWLTH GO
12,495,000
$13,394,015
0.10%
5.25%
07/01/32
74514LZM2
PUERTO RICO COMWLTH GO
18,980,000
$13,898,674
0.10%
5.5%
07/01/31
74514LYW1
PUERTO RICO COMWLTH GO
20,485,000
$14,753,092
0.11%
5.75%
07/01/41
74514LUR6
PUERTO RICO COMWLTH GO
21,000,000
$21,704,760
0.16%
6%
07/01/27
74514LTW7
PUERTO RICO COMWLTH GO
30,000,000
$21,751,800
0.16%
5.5%
07/01/32
74514LQD2
PUERTO RICO COMWLTH GO
21,200,000
$22,646,688
0.17%
5%
07/01/35
74514LD20
PUERTO RICO COMWLTH GO
27,145,000
$27,150,157
0.20%
5%
07/01/35
74514LBM8
PUERTO RICO COMWLTH GO
68,780,000
$49,158,441
0.36%
5.125%
07/01/31
745190TU2
PUERTO RICO COMWLTH HWY & TRAN
30,000,000
$30,708,300
0.22%
5%
07/01/40
745190TV0
PUERTO RICO COMWLTH HWY & TRAN
30,000,000
$30,708,300
0.22%
5%
07/01/45
745181PF8
PUERTO RICO COMWLTH HWY & TRAN
63,000,000
$67,348,260
0.49%
5%
07/01/36
74526QVC3
PUERTO RICO ELEC PWR AUTH PWR
12,030,000
$6,093,435
0.04%
5%
07/01/28
74526QVX7
PUERTO RICO ELEC PWR AUTH PWR
14,000,000
$7,088,340
0.05%
5.25%
07/01/40
74526QZZ8
PUERTO RICO ELEC PWR AUTH PWR
20,000,000
$10,129,600
0.07%
5%
07/01/29
74526QA28
PUERTO RICO ELEC PWR AUTH PWR
24,000,000
$12,000,960
0.09%
5%
07/01/42
74526QVD1
PUERTO RICO ELEC PWR AUTH PWR
32,250,000
$16,331,077
0.12%
5.25%
07/01/33
74526QA77
PUERTO RICO ELEC PWR AUTH PWR
50,000,000
$25,793,000
0.19%
7%
07/01/33
74527JAC1
PUERTO RICO INDL TOURIST EDL M
6,800,000
$6,534,392
0.05%
6.625%
06/01/26
745220JQ7
PUERTO RICO INFRASTRUCTURE FIN
9,475,000
$5,887,859
0.04%
5%
07/01/46
74528UAP6
PUERTO RICO INFRASTRUCTURE FIN
16,000,000
$11,594,560
0.08%
6%
12/15/26
74528UAM3
PUERTO RICO INFRASTRUCTURE FIN
20,000,000
$13,707,800
0.10%
5.25%
12/15/26
745235B42
PUERTO RICO PUB BLDGS AUTH REV
10,925,000
$7,319,859
0.05%
5%
07/01/37
745235K67
PUERTO RICO PUB BLDGS AUTH REV
10,000,000
$10,284,000
0.08%
6%
07/01/28
745235K59
PUERTO RICO PUB BLDGS AUTH REV
15,000,000
$15,435,750
0.11%
6%
07/01/27
745235VY4
PUERTO RICO PUB BLDGS AUTH REV
26,510,000
$18,298,792
0.13%
5.375%
07/01/33
745235K26
PUERTO RICO PUB BLDGS AUTH REV
21,535,000
$22,243,716
0.16%
6%
07/01/24
745235P70
PUERTO RICO PUB BLDGS AUTH REV
32,840,000
$22,745,640
0.17%
6%
07/01/41
745291UY8
PUERTO RICO PUB FIN CORP
21,000,000
$11,077,500
0.08%
5.5%
08/01/31
74529JHN8
PUERTO RICO SALES TAX FING COR
8,000,000
$6,052,480
0.04%
6%
08/01/42
74529JKK0
PUERTO RICO SALES TAX FING COR
10,000,000
$7,024,500
0.05%
5.375%
08/01/39
74529JKM6
PUERTO RICO SALES TAX FING COR
10,000,000
$7,132,300
0.05%
5.5%
08/01/42
Page 12 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
74529JHL2
PUERTO RICO SALES TAX FING COR
10,000,000
$7,449,600
0.05%
5.75%
08/01/37
74529JAR6
PUERTO RICO SALES TAX FING COR
10,000,000
$7,490,900
0.05%
5.25%
08/01/2057
74529JLL7
PUERTO RICO SALES TAX FING COR
50,000,000
$35,683,500
0.26%
5.5%
08/01/40
74529JHU2
PUERTO RICO SALES TAX FING COR
80,000,000
$61,039,200
0.45%
N/A
08/01/32
751551BU5
RAMONA CALIF UNI SCH DIST CTFS
16,000,000
$16,843,520
0.12%
5%
05/01/32
752111AT1
RANCHO CALIF WTR DIST FING AUT
8,605,000
$8,508,796
0.06%
N/A
08/15/16
752111AV6
RANCHO CALIF WTR DIST FING AUT
13,605,000
$12,978,897
0.09%
N/A
08/15/18
752111AU8
RANCHO CALIF WTR DIST FING AUT
13,605,000
$13,245,283
0.10%
N/A
08/15/17
75212YAN1
RANCHO MIRAGE CA JOINT POWERS
11,200,000
$11,526,592
0.08%
5%
07/01/38
75212YAP6
RANCHO MIRAGE CA JOINT POWERS
58,450,000
$60,294,682
0.44%
5%
07/01/47
75524LAT9
RD 17 LEVEE AREA PUB FING AUTH
8,865,000
$10,576,476
0.08%
7%
09/01/39
75728MEH3
REDDING CALIF ELEC SYS REV COP
12,725,000
$12,919,565
0.09%
5%
06/01/35
762494ML3
RIALTO CALIF UNI SCH DIST
9,370,000
$8,388,117
0.06%
N/A
06/01/19
762494PX4
RIALTO CALIF UNI SCH DIST
27,000,000
$20,871,540
0.15%
N/A
08/01/41
76245EGT5
RIALTO CALIF REDEV AGY TAX ALL
13,525,000
$14,794,050
0.11%
6.25%
09/01/37
76886PDJ9
RIVERSIDE CALIF CMNTY COLLEGE
6,930,000
$7,557,372
0.06%
5%
08/01/32
768874QR3
RIVERSIDE CALIF ELEC REV
10,000,000
$11,231,900
0.08%
5%
10/01/33
768874TP4
RIVERSIDE CALIF ELEC REV
11,535,000
$13,068,347
0.10%
5%
10/01/43
76912DAB4
RIVERSIDE CNTY CA COMMN TOLL R
10,000,000
$11,337,200
0.08%
5.75%
06/01/48
768903BJ4
RIVERSIDE CNTY CALIF ASSET LEA
13,005,000
$9,315,611
0.07%
N/A
06/01/24
768903BH8
RIVERSIDE CNTY CALIF ASSET LEA
14,160,000
$10,640,248
0.08%
N/A
06/01/23
768901QM5
RIVERSIDE CNTY CALIF CTFS PART
6,345,000
$6,545,121
0.05%
5%
11/01/36
768901QL7
RIVERSIDE CNTY CALIF CTFS PART
9,905,000
$10,254,844
0.07%
5%
11/01/30
769112GZ0
RIVERSIDE CNTY CALIF FLOOD CTL
410,000
$423,587
0.00%
7.875%
09/01/15
769112HA4
RIVERSIDE CNTY CALIF FLOOD CTL
440,000
$474,086
0.00%
7.875%
09/01/16
769112GL1
RIVERSIDE CNTY CALIF FLOOD CTL
475,000
$526,157
0.00%
7.875%
09/01/17
76912TDQ3
RIVERSIDE CNTY CALIF PUB FING
17,500,000
$17,606,925
0.13%
5%
10/01/35
769124EZ7
RIVERSIDE CNTY CALIF SINGLE FA
26,160,000
$21,425,824
0.16%
N/A
06/01/23
769124DX3
RIVERSIDE CNTY CALIF SINGLE FA
25,055,000
$21,744,482
0.16%
N/A
11/01/20
769125EP6
RIVERSIDE CNTY CALIF TRANSN CO
11,000,000
$12,942,050
0.09%
5.25%
06/01/39
769697EQ2
RNR SCH FING AUTH CALIF SPL TA
10,090,000
$10,662,506
0.08%
5%
09/01/36
773754FU5
ROCKLIN CALIF UNI SCH DIST GO
8,160,000
$5,975,323
0.04%
N/A
08/01/25
773754FW1
ROCKLIN CALIF UNI SCH DIST GO
9,080,000
$6,062,262
0.04%
N/A
08/01/27
Page 13 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
773754FV3
ROCKLIN CALIF UNI SCH DIST GO
8,695,000
$6,063,545
0.04%
N/A
08/01/26
773754FX9
ROCKLIN CALIF UNI SCH DIST GO
16,615,000
$10,571,459
0.08%
N/A
08/01/28
773754AW6
ROCKLIN CALIF UNI SCH DIST GO
17,715,000
$17,511,631
0.13%
N/A
09/01/16
777807BM9
ROSEVILLE CA ELEC SYSTEM REV C
5,000
$5,005
0.00%
5%
02/01/34
777798FE4
ROSEVILLE CALIF CITY SCH DIST
17,900,000
$15,604,146
0.11%
N/A
08/01/17
777849DM9
ROSEVILLE CALIF JT UN HIGH SCH
7,430,000
$6,491,070
0.05%
N/A
08/01/17
777849LJ7
ROSEVILLE CALIF JT UN HIGH SCH
8,375,000
$8,606,066
0.06%
5%
08/01/30
777863AT8
ROSEVILLE CALIF NAT GAS FING A
5,000,000
$5,734,800
0.04%
5%
02/15/26
779631DC1
ROWLAND CALIF UNI SCH DIST
17,715,000
$18,829,982
0.14%
5%
08/01/31
785849SZ4
SACRAMENTO CALIF CITY FING AUT
5,740,000
$6,109,828
0.04%
5%
12/01/36
785849SY7
SACRAMENTO CALIF CITY FING AUT
16,915,000
$18,087,209
0.13%
5%
12/01/31
786089GS5
SACRAMENTO CALIF WTR REV
21,630,000
$24,744,936
0.18%
5%
09/01/38
786107MB5
SACRAMENTO CNTY CALIF ARPT SYS
5,000,000
$5,401,950
0.04%
5.75%
07/01/39
786107NQ1
SACRAMENTO CNTY CALIF ARPT SYS
9,000,000
$9,952,200
0.07%
5%
07/01/40
786107JH6
SACRAMENTO CNTY CALIF ARPT SYS
10,000,000
$10,980,500
0.08%
5%
07/01/41
786107JR4
SACRAMENTO CNTY CALIF ARPT SYS
20,000,000
$21,301,400
0.16%
5.25%
07/01/39
786134NG7
SACRAMENTO CNTY CALIF SANTN DI
10,000,000
$10,642,800
0.08%
5%
12/01/30
786134KE5
SACRAMENTO CNTY CALIF SANTN DI
11,900,000
$12,212,375
0.09%
5%
08/01/30
786134UU8
SACRAMENTO CNTY CALIF SANTN DI
13,220,000
$13,920,395
0.10%
5%
12/01/36
786134UP9
SACRAMENTO CNTY CALIF SANTN DI
25,000,000
$28,759,750
0.21%
5%
12/01/44
786134UT1
SACRAMENTO CNTY CALIF SANTN DI
47,875,000
$50,952,405
0.37%
5%
12/01/36
785840EG0
SACRAMENTO FLOOD CTL AGY CONS
8,715,000
$9,475,558
0.07%
5%
10/01/37
796720GH7
SAN BERNARDINO CALIF CMNTY COL
66,390,000
$14,518,165
0.11%
N/A
08/01/48
79675NBD8
SAN BERNARDINO CALIF JT PWRS F
6,315,000
$5,949,614
0.04%
5.7%
01/01/23
796815NQ7
SAN BERNARDINO CNTY CALIF CTFS
13,045,000
$13,060,914
0.10%
5%
08/01/26
797043BE5
SAN BUENAVENTURA CA PUB FACS F
10,840,000
$12,271,855
0.09%
5%
01/01/44
797272GR6
SAN DIEGO CALIF CMNTY COLLEGE
26,880,000
$27,267,609
0.20%
N/A
08/01/33
797300KC3
SAN DIEGO CALIF REDEV AGY
845,000
$848,312
0.01%
6%
11/01/15
797355JL9
SAN DIEGO CALIF UNI SCH DIST
8,440,000
$6,833,699
0.05%
N/A
07/01/22
797355JM7
SAN DIEGO CALIF UNI SCH DIST
11,120,000
$8,637,015
0.06%
N/A
07/01/23
797355JK1
SAN DIEGO CALIF UNI SCH DIST
12,160,000
$10,290,643
0.08%
N/A
07/01/21
797355P40
SAN DIEGO CALIF UNI SCH DIST
29,840,000
$18,500,800
0.14%
N/A
07/01/48
797355R48
SAN DIEGO CALIF UNI SCH DIST
74,270,000
$37,503,379
0.27%
N/A
07/01/47
Page 14 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
797355Q49
SAN DIEGO CALIF UNI SCH DIST
79,500,000
$51,791,070
0.38%
N/A
07/01/40
797355L44
SAN DIEGO CALIF UNI SCH DIST
104,505,000
$98,920,252
0.72%
N/A
07/01/33
797391R50
SAN DIEGO CNTY CALIF CTFS PART
15,000,000
$16,379,100
0.12%
5.125%
07/01/40
79742GAA9
SAN DIEGO CNTY CALIF REGL ARPT
5,645,000
$6,342,891
0.05%
5%
07/01/44
79739GBT2
SAN DIEGO CNTY CALIF REGL ARPT
11,565,000
$13,178,548
0.10%
5%
07/01/27
797400JU3
SAN DIEGO CNTY CALIF REGL TRAN
20,000,000
$23,240,000
0.17%
5%
04/01/48
797400JT6
SAN DIEGO CNTY CALIF REGL TRAN
54,915,000
$64,004,530
0.47%
5%
04/01/44
797415MA1
SAN DIEGO CNTY CALIF WTR AUTH
11,030,000
$11,159,051
0.08%
5%
05/01/34
797415LN4
SAN DIEGO CNTY CALIF WTR AUTH
95,675,000
$97,165,616
0.71%
5%
05/01/34
797661SG1
SAN FRANCISCO CALIF BAY AREA R
28,000,000
$30,878,960
0.23%
5%
08/01/32
79765DRN2
SAN FRANCISCO CALIF CITY & CNT
5,805,000
$5,820,847
0.04%
5%
09/01/31
79765AH82
SAN FRANCISCO CALIF CITY & CNT
7,500,000
$7,814,850
0.06%
4.5%
05/01/28
79766DFF1
SAN FRANCISCO CALIF CITY & CNT
31,000,000
$35,437,650
0.26%
5%
05/01/44
79765RUV9
SAN FRANCISCO CITY & CNTY CA P
5,800,000
$6,533,178
0.05%
5%
11/01/41
79765RXM6
SAN FRANCISCO CITY & CNTY CA P
23,490,000
$26,938,097
0.20%
5%
11/01/36
79765RXP9
SAN FRANCISCO CITY & CNTY CA P
71,735,000
$80,795,847
0.59%
5%
11/01/43
797852DH0
SAN JACINTO CALIF UNI SCH DIST
12,000,000
$12,783,000
0.09%
5.375%
09/01/40
798111BA7
SAN JOAQUIN HILLS CALIF TRANSN
5,700,000
$4,576,701
0.03%
N/A
01/01/25
798111DJ6
SAN JOAQUIN HILLS CALIF TRANSN
17,000,000
$17,193,460
0.13%
5.65%
01/15/17
798111DH0
SAN JOAQUIN HILLS CALIF TRANSN
19,500,000
$19,721,715
0.14%
5.6%
01/15/16
798111BD1
SAN JOAQUIN HILLS CALIF TRANSN
33,545,000
$24,325,492
0.18%
N/A
01/01/28
798111BE9
SAN JOAQUIN HILLS CALIF TRANSN
37,050,000
$25,708,624
0.19%
N/A
01/01/29
798111DL1
SAN JOAQUIN HILLS CALIF TRANSN
57,000,000
$57,649,800
0.42%
5.7%
01/15/19
798111DK3
SAN JOAQUIN HILLS CALIF TRANSN
104,745,000
$69,639,713
0.51%
N/A
01/15/37
798111DR8
SAN JOAQUIN HILLS CALIF TRANSN
141,024,000
$93,590,577
0.68%
N/A
01/15/42
798111DQ0
SAN JOAQUIN HILLS CALIF TRANSN
141,024,000
$93,655,448
0.68%
N/A
01/15/41
798111DM9
SAN JOAQUIN HILLS CALIF TRANSN
140,340,000
$93,705,018
0.68%
N/A
01/15/38
798111DP2
SAN JOAQUIN HILLS CALIF TRANSN
158,655,000
$105,440,526
0.77%
N/A
01/15/40
798111GJ3
SAN JOAQUIN HILLS CALIF TRANSN
125,000,000
$134,703,750
0.98%
5%
01/15/44
798111GK0
SAN JOAQUIN HILLS CALIF TRANSN
430,000,000
$452,510,500
3.31%
5%
01/15/2050
798136QD2
SAN JOSE CALIF ARPT REV
25,500,000
$27,025,665
0.20%
5%
03/01/37
798153ED0
SAN JOSE CALIF FING AUTH LEASE
14,045,000
$14,087,696
0.10%
5%
09/01/21
798153EE8
SAN JOSE CALIF FING AUTH LEASE
14,730,000
$14,773,453
0.11%
5%
09/01/22
Page 15 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
798153HB1
SAN JOSE CALIF FING AUTH LEASE
798154GJ3
SAN JOSE CALIF FING AUTH REV
798135UR8
798135VW6
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
20,885,000
$21,830,046
0.16%
5%
06/01/39
5,000,000
$5,001,950
0.04%
5%
09/01/24
SAN JOSE CALIF GO
11,600,000
$11,635,960
0.09%
5%
09/01/28
SAN JOSE CALIF GO
15,820,000
$15,863,505
0.12%
5%
09/01/34
798135XT1
SAN JOSE CALIF GO
35,150,000
$37,287,120
0.27%
5%
09/01/36
798147G57
SAN JOSE CALIF REDEV AGY TAX A
2,030,000
$2,034,141
0.01%
5.625%
08/01/28
798147PG3
SAN JOSE CALIF REDEV AGY TAX A
7,325,000
$7,331,372
0.05%
5.85%
08/01/27
798147Y24
SAN JOSE CALIF REDEV AGY TAX A
10,000,000
$10,952,400
0.08%
6.5%
08/01/18
798147V50
SAN JOSE CALIF REDEV AGY TAX A
13,395,000
$13,807,833
0.10%
5%
08/01/32
798147X33
SAN JOSE CALIF REDEV AGY TAX A
28,565,000
$31,942,239
0.23%
7%
08/01/35
798180AQ8
SAN JOSE CALIF SPL HOTEL TAX R
10,000,000
$12,226,200
0.09%
6.5%
05/01/42
798180AP0
SAN JOSE CALIF SPL HOTEL TAX R
10,000,000
$12,317,800
0.09%
6.5%
05/01/36
798182EM9
SAN JOSE CALIF UNI SCH DIST CT
7,105,000
$4,862,519
0.04%
N/A
01/01/29
798182EK3
SAN JOSE CALIF UNI SCH DIST CT
7,105,000
$5,206,899
0.04%
N/A
01/01/27
798306GQ3
SAN JUAN CALIF UNI SCH DIST
15,825,000
$10,472,826
0.08%
N/A
08/01/26
798306GS9
SAN JUAN CALIF UNI SCH DIST
19,470,000
$12,387,982
0.09%
N/A
08/01/28
798306GR1
SAN JUAN CALIF UNI SCH DIST
18,605,000
$12,421,628
0.09%
N/A
08/01/27
798693BR7
SAN LUIS OBISPO CNTY CALIF FIN
12,500,000
$13,623,125
0.10%
5%
09/01/32
79875LAA7
SAN MARCOS CALIF PUB FING AUTH
15,000,000
$19,540,950
0.14%
6.25%
09/02/22
79904ABQ0
SAN MATEO CALIF FLOOD CTL DIST
6,555,000
$6,555,327
0.05%
5%
08/01/39
799017CD8
SAN MATEO CALIF UNIFIED HIGH S
5,000,000
$4,137,350
0.03%
N/A
09/01/22
799022CH9
SAN MATEO CALIF UNIFIED HIGH S
11,535,000
$11,685,416
0.09%
N/A
12/15/43
799385BJ7
SAN RAMON CALIF PUB FING AUTH
16,810,000
$16,817,396
0.12%
5.3%
02/01/28
799400CJ3
SAN RAMON VALLEY CALIF FIRE PR
5,655,000
$5,968,060
0.04%
5%
08/01/36
799408M30
SAN RAMON VALLEY CALIF UNI SCH
14,770,000
$15,831,815
0.12%
5%
08/01/28
800851LF2
SANGER CALIF UNI SCH DIST GO
5,000,000
$5,458,850
0.04%
5%
08/01/27
801095LF5
SANTA ANA CALIF REDEV AGY
7,005,000
$8,552,334
0.06%
6.25%
09/01/24
801095LK4
SANTA ANA CALIF REDEV AGY
13,500,000
$16,605,540
0.12%
6.75%
09/01/28
801286AC9
SANTA BARBARA CALIF HSG AUTH R
2,690,000
$2,684,539
0.02%
6.25%
11/15/20
801642BA6
SANTA CLARA CNTY CALIF FING AU
20,000,000
$21,469,000
0.16%
5.125%
02/01/41
801686KY1
SANTA CLARITA CALIF CMNTY COLL
9,765,000
$10,620,609
0.08%
5%
08/01/32
801825GE4
SANTA CRUZ CNTY CALIF REDEV AG
5,000,000
$5,848,050
0.04%
7%
09/01/36
802309ME1
SANTA MARIA CALIF JT UN HIGH S
14,230,000
$14,456,257
0.11%
4%
08/01/37
Page 16 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
802861BQ6
SANTEE CALIF SCH DIST COP
15,460,000
$16,272,732
0.12%
5.5%
10/01/48
804226MJ4
SAUGUS CALIF UN SCH DIST
5,000,000
$5,137,950
0.04%
5%
08/01/29
807847BD9
SCHOOL FACS FING AUTH CALIF RE
49,000,000
$12,709,620
0.09%
N/A
08/01/42
81888PAQ4
SHAFTER JOINT POWERS FING AUTH
2,795,000
$2,806,068
0.02%
6.05%
01/01/17
83342FAR0
SNOWLINE CALIF JT UNI SCH DIST
1,615,000
$1,615,565
0.01%
5.3%
09/01/29
83342FAS8
SNOWLINE CALIF JT UNI SCH DIST
2,000,000
$2,000,660
0.01%
5.4%
09/01/34
835525DQ6
SONOMA CALIF CMNTY DEV AGY
10,775,000
$12,866,858
0.09%
7.125%
12/01/36
842471AY0
SOUTHERN CALIF PUB PWR AUTH NA
17,500,000
$20,616,050
0.15%
5%
11/01/33
842477QA2
SOUTHERN CALIF PUB PWR AUTH TR
1,135,000
$1,139,449
0.01%
6.125%
07/01/18
84250UAV6
SOUTHERN CALIF WATER REPLENISH
12,870,000
$13,892,006
0.10%
5%
08/01/41
861431AN4
STOCKTON-EAST WTR DIST CALIF C
103,885,000
$99,802,319
0.73%
N/A
04/01/16
870462QJ0
SWEETWATER CALIF UN HIGH SCH D
10,000,000
$11,049,800
0.08%
5.625%
08/01/47
879828KP5
TEMPLE CITY CA UNIF SCH DIST
10,000,000
$10,870,400
0.08%
5%
08/01/43
891368DD1
TORRANCE CALIF HOSP REV
4,385,000
$4,396,225
0.03%
5.5%
06/01/31
89234VAP7
TRABUCO CANYON CALIF PUB FING
585,000
$591,850
0.00%
6.1%
10/01/15
89234WAP5
TRABUCO CANYON PFA WATER & SEW
3,940,000
$4,247,398
0.03%
6.1%
07/01/19
899141AT2
TULARE CNTY CA BRD OF EDU COPS
10,855,000
$11,940,500
0.09%
5.5%
05/01/43
90141PAU9
TWIN CITIES POLICE AUTH CALIF
10,710,000
$12,866,672
0.09%
6%
08/01/44
91412FK63
UNIVERSITY CALIF REVS
3,710,000
$3,713,042
0.03%
5%
05/15/34
91412FT80
UNIVERSITY CALIF REVS
7,750,000
$8,218,487
0.06%
5%
05/15/41
91412FT72
UNIVERSITY CALIF REVS
10,000,000
$10,621,400
0.08%
5%
05/15/37
913366AV2
UNIVERSITY CALIF REVS
54,085,000
$54,873,559
0.40%
4.5%
05/15/47
913366GG9
UNIVERSITY CALIF REVS
75,000,000
$83,490,750
0.61%
5%
05/15/48
915346FH8
UPLAND CALIF CTFS PARTN
34,130,000
$40,276,471
0.29%
6.5%
01/01/41
91537PFB6
UPLAND CALIF UNI SCH DIST
62,900,000
$15,246,960
0.11%
N/A
08/01/45
918571AA8
VACAVILLE CALIF PUB FING AUTH
2,070,000
$2,049,320
0.01%
8.65%
09/02/18
918608NG1
VACAVILLE CALIF UNI SCH DIST
7,790,000
$8,645,731
0.06%
5%
08/01/32
919213CY2
VALLEJO CALIF HIDDENBROOKE IMP
4,090,000
$4,095,930
0.03%
5.8%
09/01/31
919222AX7
VALLEJO CALIF REDEV AGY TAX AL
1,230,000
$1,234,563
0.01%
7.9%
05/01/19
926055GW8
VICTOR VALLEY CALIF JT UN HIGH
28,350,000
$30,918,226
0.23%
5%
08/01/34
927676NS1
VIRGIN ISLANDS PUB FIN AUTH RE
10,000,000
$11,529,000
0.08%
6.75%
10/01/37
92830TCY3
VISTA CALIF CMNTY DEV COMMN TA
5,000,000
$5,000,500
0.04%
5.875%
09/01/37
928346MQ5
VISTA CALIF UNI SCH DIST
2,000,000
$2,181,600
0.02%
5%
08/01/28
Page 17 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
940204AT7
WASHINGTON TWP CALIF HEALTH CA
6,500,000
$6,513,260
0.05%
5.25%
07/01/29
940204BS8
WASHINGTON TWP CALIF HEALTH CA
7,000,000
$7,288,540
0.05%
5%
07/01/37
940204CS7
WASHINGTON TWP CALIF HEALTH CA
11,000,000
$11,811,140
0.09%
5.5%
07/01/38
953544CU5
WEST KERN CMNTY COLLEGE DIST C
11,035,000
$12,112,126
0.09%
5.625%
11/01/34
955627BK9
WEST SACRAMENTO CALIF AREA FLO
9,030,000
$9,887,308
0.07%
5.25%
09/01/41
955641DD4
WEST SACRAMENTO CALIF FING AUT
5,000,000
$5,727,500
0.04%
5%
09/01/34
959215BV5
WESTERN PLACER CALIF UNI SCH C
10,275,000
$10,707,783
0.08%
5.125%
08/01/47
960557CS3
WESTLANDS CALIF WTR DIST REV C
5,910,000
$5,944,632
0.04%
5%
09/01/35
960557CR5
WESTLANDS CALIF WTR DIST REV C
6,250,000
$6,288,062
0.05%
5%
09/01/30
960557DS2
WESTLANDS CALIF WTR DIST REV C
7,490,000
$7,963,218
0.06%
5%
09/01/31
960621BB5
WESTMINSTER CALIF SCH DIST
18,980,000
$20,784,618
0.15%
5%
08/01/34
98839YAW6
YUCAIPA VALLEY CALIF WTR DIST
10,100,000
$10,109,090
0.07%
5%
09/01/29
98839YAX4
YUCAIPA VALLEY CALIF WTR DIST
12,765,000
$12,774,063
0.09%
5%
09/01/34
Page 18 of 19
Portfolio Holdings for Franklin California Tax-Free Income Fund, Inc. as of December 31, 2014
Security
Identifier
Security Name
Shares/
Positions Held
Market Value
% of
TNA
Coupon Maturity
Rate
Date
Important Legal Information
•
•
Portfolio holdings are subject to change without notice and may not represent current or future portfolio
composition. The portfolio data is “as of” the date indicated and we disclaim any responsibility to update the
information.
The net market value of all currency forward contracts is included in cash and other net assets, reflected in the base
currency of the fund. The net market value of any Credit Default, Interest Rate and/or other Swap contract positions
are displayed as exposure to the issuing counterparty (i.e. "Citibank").
•
Unlike the fund’s regulatory filings, the portfolio data and its presentation in this document are not required to
conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC)
presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and
semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments
provided in the first and third quarter SEC Form N-Q filings for each fiscal year.
•
The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security
or fund, nor should it be taken as a solicitation or a recommendation to buy or sell securities or other
investments.
•
Investors should carefully consider a fund's investment goals, risks, charges and expenses before
investing. To obtain a prospectus, which contains this and other information, talk to your financial advisor,
call us at 1-800/DIAL BEN (1-800/342-5236) or visit our website at franklintempleton.com. Please read the
prospectus carefully before investing. Franklin Templeton Distributors Inc., One Franklin Parkway, San
Mateo, CA 94403.
Copyright. 2011-2012. Franklin Templeton Investments ©. All rights reserved.
Page 19 of 19