A multilayered film for use in making an in-mold label, comprising: a core layer having a first surface and a second surface, the core layer comprising a polymeric material and particulate solids, dispersed in the polymeric material, the polymeric material being a high density polyethylene, a polypropylene, a polystyrene, a polyester, a copolymer of ethylene and propylene, a polyester copolymer, a polyamide, a polycarbonate or a mixture of two or more thereof; a first skin layer overlying the first surface of the core layer, the first skin layer comprising a thermoplastic copolymer or terpolymer derived from ethylene or propylene and a functional monomer selected from the group consisting of alkyl acrylate, acrylic acid, alkyl acrylic acid, vinyl acetate and combinations of two or more thereof; the film being formed by co-extruding the core layer and first skin layer to form the multilayered film, hot-stretching the film at a temperature above the expected service temperature of the label to provide the film with a machine direction orientation, wherein the stretching is uniaxial and the stiffness of the film in the machine direction exceeds the stiffness in the cross direction, and annealing the film at a temperature above the expected service temperature of the label; the density of the film being reduced by 5% to 25% during hot- stretching; the film having a machine direction Gurley stiffness value in the range of 30 to 120 after hot-stretching and annealing; the film having a machine direction shrinkage of less than 2% after hot-stretching and annealing; the film having a machine direction shrink tension at 93.3°C (200°F) of less than 689 kPa (100 psi) after hot-stretching and annealing. a core layer having a first surface and a second surface, the core layer comprising a polymeric material and particulate solids, dispersed in the polymeric material, the polymeric material being a high density polyethylene, a polypropylene, a polystyrene, a polyester, a copolymer of ethylene and propylene, a polyester copolymer, a polyamide, a polycarbonate or a mixture of two or more thereof; a first skin layer overlying the first surface of the core layer, the first skin layer comprising a thermoplastic copolymer or terpolymer derived from ethylene or propylene and a functional monomer selected from the group consisting of alkyl acrylate, acrylic acid, alkyl acrylic acid, vinyl acetate and combinations of two or more thereof; the film being formed by co-extruding the core layer and first skin layer to form the multilayered film, hot-stretching the film at a temperature above the expected service temperature of the label to provide the film with a machine direction orientation, wherein the stretching is uniaxial and the stiffness of the film in the machine direction exceeds the stiffness in the cross direction, and annealing the film at a temperature above the expected service temperature of the label; the density of the film being reduced by 5% to 25% during hot- stretching; the film having a machine direction Gurley stiffness value in the range of 30 to 120 after hot-stretching and annealing; the film having a machine direction shrinkage of less than 2% after hot-stretching and annealing; the film having a machine direction shrink tension at 93.3°C (200°F) of less than 689 kPa (100 psi) after hot-stretching and annealing.