California Tax Free Fund
Daily price w/o sales charge as of 09/28/2023
$9.52
$0.08
YTD Returns w/o sales charge as of 09/28/2023
-1.35%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
30-Day Standardized Yield 1 as of 08/31/2023 |
3.60% |
Average Yield to Worst as of 08/31/2023 |
4.36% |
Yield to worst (YTW) refers to the lesser of a bond’s (a) yield-to-maturity or (b) the lowest yield-to-call calculated on each scheduled call date.
Fund Basicsas of 08/31/2023
- Total Net Assets
- $525.99 M
- Inception Date
- 09/28/2007
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 0.67%
- Fund Net Expense Ratio
- 0.67%
- Number of Holdings
- 263
Fund Expense Ratio :
Gross 0.67%
Net 0.67%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | 2.21% | 1.79% | -2.20% | 0.84% | 3.15% | 3.25% |
| Lipper Category Avg. California Municipal Debt Funds | 1.39% | 0.86% | -1.83% | 0.80% | 2.90% | - |
| Bloomberg Municipal Bond Index | 1.59% | 1.70% | -1.32% | 1.52% | 2.81% | 3.37% |
| w/ sales charge | 2.21% | 1.79% | -2.20% | 0.84% | 3.15% | 3.25% |
Fund Expense Ratio :
Gross 0.67%
Net 0.67%
Fund Expense Ratio :
Gross 0.67%
Net 0.67%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | 3.51% | 3.97% | -1.25% | 1.20% | 2.91% | 3.37% |
| Lipper Category Avg. California Municipal Debt Funds | 2.46% | 2.76% | -1.03% | 1.11% | 2.66% | - |
| Bloomberg Municipal Bond Index | 2.67% | 3.19% | -0.58% | 1.84% | 2.68% | 3.47% |
Fund Expense Ratio :
Gross 0.67%
Net 0.67%
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.
| Sector | Assets |
|---|---|
| Transportation | |
| IDR/PCR | |
| Healthcare/Hospital | |
| Education | |
| GO Local | |
| Special Tax | |
| Power | |
| Housing | |
| Lease | |
| GO State | |
| Water & Sewer | |
| Other | |
| Pre-Refunded | |
| VRDN |
The Fund's portfolio is actively managed and is subject to change.
| Maturity | Assets |
|---|---|
| <1 Year | |
| 1-3 Years | |
| 3-5 Years | |
| 5-7 Years | |
| 7-9 Years | |
| 9-12 Years | |
| 12-15 Years | |
| 15-18 Years | |
| 18-25 Years | |
| 25-30 Years | |
| 30+ Years |
The Fund's portfolio is actively managed and is subject to change.
Credit Quality Distribution as of 08/31/2023
| Rating | Assets |
|---|---|
| AAA | |
| AA | |
| A | |
| BBB | |
| < BBB | |
| Not Rated |
Contact a Representative
To contact your representative, enter your zip code and select your channel below.
Performance
Performance
Average Yield to Worst as of 08/31/2023
30-Day Standardized Yield 1 as of 08/31/2023
| Subsidized2 | Un-Subsidized3 | |
|---|---|---|
| w/o sales charge | 3.60% | 3.60% |
Fund Expense Ratio :
Gross 0.67%
Net 0.67%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | 2.21% | 1.79% | -2.20% | 0.84% | 3.15% | 3.25% |
| Lipper Category Avg. California Municipal Debt Funds | 1.39% | 0.86% | -1.83% | 0.80% | 2.90% | - |
| Bloomberg Municipal Bond Index | 1.59% | 1.70% | -1.32% | 1.52% | 2.81% | 3.37% |
| w/ sales charge | 2.21% | 1.79% | -2.20% | 0.84% | 3.15% | 3.25% |
Fund Expense Ratio :
Gross 0.67%
Net 0.67%
Fund Expense Ratio :
Gross 0.67%
Net 0.67%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 09/28/2007 |
|---|
| w/o sales charge | 3.51% | 3.97% | -1.25% | 1.20% | 2.91% | 3.37% |
| Lipper Category Avg. California Municipal Debt Funds | 2.46% | 2.76% | -1.03% | 1.11% | 2.66% | - |
| Bloomberg Municipal Bond Index | 2.67% | 3.19% | -0.58% | 1.84% | 2.68% | 3.47% |
Fund Expense Ratio :
Gross 0.67%
Net 0.67%
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.
| Year | Fund Returns | Bloomberg Municipal Bond Index |
|---|
| 2022 | -13.25% | -8.53% |
| 2021 | 2.75% | 1.52% |
| 2020 | 4.73% | 5.21% |
| 2019 | 9.40% | 7.54% |
| 2018 | 0.60% | 1.28% |
| 2017 | 6.81% | 5.45% |
| 2016 | 0.24% | 0.25% |
| 2015 | 3.74% | 3.30% |
| 2014 | 13.31% | 9.05% |
| 2013 | -3.83% | -2.55% |
| 2012 | 11.99% | - |
| 2011 | 11.28% | - |
| 2010 | 1.09% | - |
| 2009 | 20.21% | - |
| 2008 | -13.37% | - |
| 2007 | -0.23% | - |
| Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
|---|
| 2023 | 2.90% | 0.59% | - | - | -1.35% |
| 2022 | -8.10% | -6.02% | -4.04% | 4.67% | -13.25% |
| 2021 | -0.26% | 2.40% | -0.72% | 1.33% | 2.75% |
| 2020 | -2.88% | 3.32% | 1.51% | 2.82% | 4.73% |
| 2019 | 3.35% | 2.86% | 2.31% | 0.59% | 9.40% |
| 2018 | -0.95% | 1.16% | -0.32% | 0.72% | 0.60% |
| 2017 | 1.88% | 2.40% | 1.04% | 1.33% | 6.81% |
| 2016 | 1.98% | 3.65% | -0.01% | -5.15% | 0.24% |
| 2015 | 1.14% | -1.24% | 1.73% | 2.09% | 3.74% |
| 2014 | 4.68% | 3.64% | 2.40% | 2.00% | 13.31% |
| 2013 | 0.50% | -3.89% | -0.71% | 0.27% | -3.83% |
| 2012 | 4.51% | 1.81% | 3.45% | 1.74% | 11.99% |
| 2011 | -0.72% | 5.29% | 3.65% | 2.70% | 11.28% |
| 2010 | 1.62% | 1.42% | 4.56% | -6.19% | 1.09% |
| 2009 | 6.28% | 4.13% | 10.82% | -1.98% | 20.21% |
| 2008 | -2.45% | 1.38% | -5.81% | -7.00% | -13.37% |
| 2007 | - | - | - | -0.23% | -0.23% |
NAV Historical Prices
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Sector | Assets |
|---|---|
| Transportation | |
| IDR/PCR | |
| Healthcare/Hospital | |
| Education | |
| GO Local | |
| Special Tax | |
| Power | |
| Housing | |
| Lease | |
| GO State | |
| Water & Sewer | |
| Other | |
| Pre-Refunded | |
| VRDN |
The Fund's portfolio is actively managed and is subject to change.
| Maturity | Assets |
|---|---|
| <1 Year | |
| 1-3 Years | |
| 3-5 Years | |
| 5-7 Years | |
| 7-9 Years | |
| 9-12 Years | |
| 12-15 Years | |
| 15-18 Years | |
| 18-25 Years | |
| 25-30 Years | |
| 30+ Years |
The Fund's portfolio is actively managed and is subject to change.
| By State | Assets |
|---|---|
| CA | |
| Puerto Rico | |
| Other U.S. Territories |
The Fund's portfolio is actively managed and is subject to change.
CREDIT QUALITY DISTRIBUTION as of 08/31/2023
| Rating | Assets |
|---|---|
| AAA | |
| AA | |
| A | |
| BBB | |
| < BBB | |
| Not Rated |
Ratings provided by Standard & Poor's, Moody's, and Fitch. Where the rating agencies rate a security differently, Lord Abbett uses the higher credit rating. For a security with both a short-term and a long-term rating, Lord Abbett has categorized the security in the chart above using its short-term rating only. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities are not rated. A-1/MIG1, A-2/MIG2 and A-3/MIG3 designations denote securities with less than a three-year maturity as well as superior (A-1/MIG1), strong (A-2/MIG2) and favorable (A-3/MIG3) credit quality. The credit quality breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Credit quality allocation reflects market value weightings.
Portfolio Details as of 08/31/2023
- Total Net Assets
- $525.99 M
- Average Effective Duration
- 8.33 Years
- Average Effective Maturity
- 20.1 Years
- Average Yield to Worst
- 4.36%
To view definitions for the above Portfolio Details, Click here.
Average Effective Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.
Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.
Yield to worst (YTW) refers to the lesser of a bond’s (a) yield-to-maturity or (b) the lowest yield-to-call calculated on each scheduled call date.
| Holdings | Coupon | Maturity | Assets |
|---|
| Alameda Corridor Transportation Authority | 5.000% | 09/22/2052 | 1.8% |
| California State University | 5.250% | 10/23/2053 | 1.7% |
| Foothill-Eastern Transportation Corridor Agency | 4.000% | 01/09/2043 | 1.6% |
| City Of Los Angeles Department Of Airports | 5.500% | 05/08/2047 | 1.4% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/23/2052 | 1.4% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/28/2031 | 1.4% |
| California Housing Finance Agency | 3.250% | 08/15/2036 | 1.2% |
| California Municipal Finance Authority | 5.000% | 12/24/2047 | 1.2% |
| Southern California Public Power Authority | 5.000% | 10/28/2033 | 1.1% |
| California Health Facilities Financing Authority | 4.000% | 03/28/2035 | 1.0% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
| Holding | Coupon | Maturity | Assets |
|---|
| Alameda Corridor Transportation Authority | 5.000% | 09/22/2052 | 1.9% |
| Foothill-Eastern Transportation Corridor Agency | 4.000% | 01/09/2043 | 1.6% |
| California Housing Finance Agency | 3.250% | 08/15/2036 | 1.6% |
| City Of Los Angeles Department Of Airports | 5.500% | 05/08/2047 | 1.5% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/23/2052 | 1.4% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/28/2031 | 1.4% |
| Los Angeles Department Of Water & Power Water Syst | 3.350% | 08/01/2023 | 1.3% |
| California Municipal Finance Authority | 5.000% | 12/24/2047 | 1.3% |
| Southern California Public Power Authority | 5.000% | 10/28/2033 | 1.2% |
| California Health Facilities Financing Authority | 4.000% | 03/28/2035 | 1.0% |
| University Of California | 5.000% | 05/07/2052 | 1.0% |
| Los Angeles Department Of Water & Power | 5.000% | 06/22/2052 | 1.0% |
| California Municipal Finance Authority | 4.000% | 12/24/2047 | 1.0% |
| San Joaquin Hills Transportation Corridor Agency | 5.250% | 01/09/2044 | 0.9% |
| Palomar Health | 5.000% | 10/27/2039 | 0.9% |
| California Community Choice Financing Authority | 5.500% | 04/22/2054 | 0.9% |
| San Diego Public Facilities Financing Authority | 5.250% | 10/06/2052 | 0.9% |
| Ca St Univ Trustees-A 5.25% 11/01/2053 | 5.250% | - | 0.9% |
| California Community Choice Financing Authority | 4.000% | 04/22/2053 | 0.8% |
| California Pollution Control Financing Authority | 5.000% | 11/15/2045 | 0.8% |
| Alvord Unified School District | 5.000% | 07/23/2052 | 0.8% |
| California Municipal Finance Authority | 4.000% | 05/08/2046 | 0.8% |
| California Municipal Finance Authority | 5.000% | 12/31/2027 | 0.8% |
| Norman Y Mineta San Jose International Airport Sjc | 5.000% | 02/22/2047 | 0.8% |
| California Health Facilities Financing Authority | 5.000% | 08/08/2047 | 0.8% |
| City Of Burbank Ca Electric Revenue | 5.000% | 05/23/2053 | 0.8% |
| California Pollution Control Financing Authority | 5.000% | 12/30/2028 | 0.7% |
| California Infrastructure & Economic Development B | 4.000% | 06/23/2050 | 0.7% |
| California State Public Works Board | 4.000% | 04/24/2046 | 0.7% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.329% | 06/25/2040 | 0.7% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 5.000% | 06/21/2058 | 0.7% |
| San Diego County Regional Airport Authority | 5.000% | 06/23/2051 | 0.7% |
| County Of Santa Barbara Ca | 5.000% | 11/26/2036 | 0.7% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/25/2041 | 0.7% |
| San Diego Unified School District/Ca | 3.000% | 06/24/2044 | 0.7% |
| Southern California Public Power Authority | 5.250% | 06/22/2053 | 0.7% |
| California Educational Facilities Authority | 5.000% | 11/24/2044 | 0.7% |
| Irvine Facilities Financing Authority | 5.250% | 08/23/2053 | 0.7% |
| University Of California | 4.000% | 05/08/2046 | 0.7% |
| State Of California | 5.250% | 08/25/2047 | 0.7% |
| California Community Housing Agency | 4.000% | 01/24/2050 | 0.7% |
| California Municipal Finance Authority | 4.000% | 07/12/2029 | 0.7% |
| City Of Fresno Ca Airport Revenue | 5.000% | 06/23/2048 | 0.7% |
| Modesto Irrigation District | 5.250% | 09/23/2048 | 0.6% |
| Foothill-Eastern Transportation Corridor Agency | 4.000% | 01/08/2046 | 0.6% |
| City Of Irvine Ca | 5.250% | 08/23/2053 | 0.6% |
| Riverside County Transportation Commission | 4.000% | 05/25/2047 | 0.6% |
| Central Unified School District | 5.250% | 07/29/2033 | 0.6% |
| California Community Choice Financing Authority | 5.250% | 12/23/2053 | 0.6% |
| California Health Facilities Financing Authority | 4.000% | 11/08/2045 | 0.6% |
| City Of Los Angeles Department Of Airports | 5.250% | 05/08/2047 | 0.6% |
| M-S-R Energy Authority | 6.500% | 10/27/2039 | 0.6% |
| California Municipal Finance Authority | 5.250% | 05/23/2053 | 0.6% |
| California Community Choice Financing Authority | 5.000% | 06/22/2053 | 0.6% |
| State Of California | 4.000% | 10/27/2037 | 0.6% |
| Univ Ca Rgts-L-Ref 5% 05/15/2047 | 5.000% | - | 0.6% |
| State Of California | 4.000% | 09/25/2041 | 0.6% |
| California Housing Finance Agency | 3.500% | 11/16/2035 | 0.6% |
| Southern California Public Power Authority | 5.250% | 06/22/2053 | 0.6% |
| Bay Area Toll Authority | 5.000% | 03/23/2054 | 0.6% |
| Tobacco Securitization Authority Of Northern Calif | 4.000% | 05/24/2049 | 0.6% |
| California School Finance Authority | 5.000% | 06/30/2027 | 0.6% |
| State Of California | 5.250% | 09/23/2050 | 0.5% |
| University Of California | 5.250% | 05/05/2058 | 0.5% |
| Cscda Community Improvement Authority | 3.000% | 02/19/2057 | 0.5% |
| San Francisco Bay Area Rapid Transit District | 5.250% | 07/25/2047 | 0.5% |
| Regents Of The University Of California Medical Ce | 3.500% | 05/06/2054 | 0.5% |
| State Of California | 5.250% | 07/28/2032 | 0.5% |
| Cscda Community Improvement Authority | 2.650% | 11/24/2046 | 0.5% |
| California Health Facilities Financing Authority | 3.000% | 10/27/2038 | 0.5% |
| California Statewide Communities Development Autho | 5.500% | 11/21/2058 | 0.5% |
| Oxnard Union High School District | 4.000% | 07/25/2047 | 0.5% |
| Northern California Energy Authority | 4.000% | 06/30/2024 | 0.5% |
| California State Public Works Board | 4.000% | 10/25/2046 | 0.5% |
| California Health Facilities Financing Authority | 5.000% | 09/24/2044 | 0.5% |
| Brentwood Union School District | 5.250% | 07/29/2032 | 0.5% |
| San Leandro Unified School District | 5.250% | 07/24/2048 | 0.5% |
| Regents Of The University Of California Medical Ce | 5.000% | 05/11/2035 | 0.5% |
| California Community Choice Financing Authority | 4.000% | 09/22/2052 | 0.4% |
| California School Finance Authority | 5.000% | 07/31/2025 | 0.4% |
| State Of California | 5.000% | 03/26/2042 | 0.4% |
| California Statewide Communities Development Autho | 5.500% | 11/22/2054 | 0.4% |
| Montebello Unified School District | 5.500% | 07/25/2047 | 0.4% |
| Imperial Unified School District | 5.250% | 07/31/2027 | 0.4% |
| San Francisco City & County Public Utilities Commi | 5.000% | 09/24/2046 | 0.4% |
| Los Angeles Department Of Water & Power | 5.000% | 06/25/2043 | 0.4% |
| California Statewide Communities Development Autho | 5.250% | 11/27/2034 | 0.4% |
| Regents Of The University Of California Medical Ce | 5.000% | 05/08/2047 | 0.4% |
| Cscda Community Improvement Authority | 3.000% | 05/25/2047 | 0.4% |
| Los Angeles Department Of Water & Power | 5.000% | 06/23/2048 | 0.4% |
| Local Public Schools Funding Authority School Impr | 5.000% | 07/30/2028 | 0.4% |
| City Of Los Angeles Department Of Airports | 5.000% | 05/12/2032 | 0.4% |
| California Statewide Financing Authority | 0.000% | 05/25/2046 | 0.4% |
| Long Beach Bond Finance Authority | 5.500% | 11/10/2037 | 0.4% |
| City Of Los Angeles Department Of Airports | 5.250% | 05/08/2048 | 0.4% |
| Dublin Unified School District | 3.000% | 07/27/2041 | 0.4% |
| Golden State Tobacco Securitization Corp | 0.000% | 05/20/2066 | 0.4% |
| California Educational Facilities Authority | 5.000% | 09/22/2053 | 0.4% |
| California Health Facilities Financing Authority | 3.000% | 08/07/2051 | 0.4% |
| California Municipal Finance Authority | 5.000% | 01/25/2047 | 0.4% |
| Matching Fund Special Purpose Securitization Corp | 5.000% | 09/29/2026 | 0.4% |
| San Joaquin Hills Transportation Corridor Agency | 5.250% | 01/07/2049 | 0.4% |
| Mountain House Public Financing Authority | 4.125% | 11/24/2048 | 0.4% |
| Norman Y Mineta San Jose International Airport Sjc | 5.000% | 02/26/2031 | 0.4% |
| San Diego County Regional Airport Authority | 4.000% | 06/24/2046 | 0.4% |
| Palomar Health | 5.000% | 08/01/2023 | 0.4% |
| Compton Community Redevelopment Agency Successor A | 5.000% | 07/27/2037 | 0.4% |
| San Leandro Unified School District | 5.250% | 07/31/2027 | 0.4% |
| Poway Unified School District Public Financing Aut | 5.000% | 08/31/2025 | 0.4% |
| California Community Choice Financing Authority | 5.000% | 11/22/2053 | 0.4% |
| North Orange County Community College District/Ca | 2.750% | 07/28/2036 | 0.4% |
| Imperial Community College District | 5.250% | 07/29/2033 | 0.3% |
| Silicon Valley Tobacco Securitization Authority | 0.000% | 05/26/2041 | 0.3% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 12/30/2028 | 0.3% |
| California Municipal Finance Authority | 5.000% | 12/27/2034 | 0.3% |
| Ca Stwd Cmntys-A 5% 12/01/2026 | 5.000% | - | 0.3% |
| University Of California | 5.000% | 05/11/2036 | 0.3% |
| Tobacco Securitization Authority Of Southern Calif | 5.000% | 05/25/2048 | 0.3% |
| San Joaquin Hills Transportation Corridor Agency | 4.000% | 01/07/2050 | 0.3% |
| Santa Clarita Community College District | 5.250% | 07/29/2032 | 0.3% |
| California Health Facilities Financing Authority | 4.000% | 11/07/2048 | 0.3% |
| California Enterprise Development Authority | 5.000% | 07/30/2030 | 0.3% |
| University Of California | 4.000% | 05/09/2041 | 0.3% |
| Commonwealth Of Puerto Rico | 4.000% | 06/24/2046 | 0.3% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/28/2032 | 0.3% |
| San Diego County Regional Airport Authority | 4.000% | 06/24/2046 | 0.3% |
| Casitas Municipal Water District | 5.250% | 08/31/2027 | 0.3% |
| Los Angeles Department Of Water & Power | 5.250% | 06/26/2037 | 0.3% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/24/2045 | 0.3% |
| Temecula Valley Unified School District Financing | 5.000% | 02/28/2025 | 0.3% |
| County Of Los Angeles Ca Community Facilities Dist | 5.000% | 08/23/2052 | 0.3% |
| Port Commission Of The City & County Of San Franci | 5.000% | 03/01/2024 | 0.3% |
| California Municipal Finance Authority | 3.000% | 10/25/2048 | 0.3% |
| California Municipal Finance Authority | 5.000% | 12/25/2043 | 0.3% |
| Adelanto Public Utility Authority | 5.000% | 06/30/2027 | 0.3% |
| California Municipal Finance Authority | 4.000% | 01/25/2051 | 0.3% |
| San Rafael City High School District/Ca | 5.250% | 07/30/2030 | 0.3% |
| Inland Valley Development Agency | 5.250% | 08/27/2037 | 0.3% |
| Foothill-Eastern Transportation Corridor Agency | 0.000% | 01/09/2042 | 0.3% |
| City Of Long Beach Ca Airport System Revenue | 5.250% | 05/25/2047 | 0.3% |
| City Of Oroville Ca | 5.250% | 03/24/2049 | 0.3% |
| Los Angeles Department Of Water & Power | 5.000% | 06/23/2051 | 0.2% |
| Palomar Health | 5.000% | 10/27/2036 | 0.2% |
| Commonwealth Of Puerto Rico | 0.000% | 10/25/2051 | 0.2% |
| California Educational Facilities Authority | 5.000% | 11/29/2028 | 0.2% |
| San Francisco City & County Public Utilities Commi | 4.000% | 09/25/2043 | 0.2% |
| Santa Monica-Malibu Unified School District | 3.000% | 07/25/2044 | 0.2% |
| California Municipal Finance Authority | 5.000% | 12/27/2035 | 0.2% |
| Banning Unified School District | 5.250% | 07/31/2027 | 0.2% |
| California Health Facilities Financing Authority | 4.000% | 03/26/2044 | 0.2% |
| California Health Facilities Financing Authority | 4.000% | 03/25/2045 | 0.2% |
| California Statewide Communities Development Autho | 5.000% | 04/27/2033 | 0.2% |
| Morgan Hill Unified School District | 5.250% | 07/29/2032 | 0.2% |
| Santa Rita Union School District | 2.500% | 07/30/2031 | 0.2% |
| Transbay Joint Powers Authority | 5.000% | 03/30/2030 | 0.2% |
| County Of Sacramento Ca Airport System Revenue | 5.000% | 06/25/2041 | 0.2% |
| Golden State Tobacco Securitization Corp | 5.000% | 05/28/2034 | 0.2% |
| Transbay Joint Powers Authority | 5.000% | 09/30/2025 | 0.2% |
| City Of Los Angeles Department Of Airports | 5.500% | 11/13/2031 | 0.2% |
| West Contra Costa Unified School District | 6.000% | 07/30/2027 | 0.2% |
| California Pollution Control Financing Authority | 5.000% | 12/30/2028 | 0.2% |
| California Statewide Communities Development Autho | 5.000% | 05/11/2035 | 0.2% |
| City Of San Francisco Ca Public Utilities Commissi | 5.250% | 10/23/2052 | 0.2% |
| State Of California | 5.000% | 09/25/2041 | 0.2% |
| Washington Township Health Care District | 5.000% | 06/29/2029 | 0.2% |
| California Pollution Control Financing Authority | 5.000% | 06/28/2033 | 0.2% |
| River Islands Public Financing Authority | 5.250% | 08/23/2052 | 0.2% |
| San Benito High School District | 0.000% | 07/30/2028 | 0.2% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/23/2052 | 0.2% |
| California Municipal Finance Authority | 5.250% | 06/30/2024 | 0.2% |
| San Diego Public Facilities Financing Authority | 5.000% | 07/26/2043 | 0.2% |
| Fresno Unified School District | 5.000% | 07/25/2046 | 0.2% |
| California Municipal Finance Authority | 5.000% | 08/14/2024 | 0.2% |
| Casmed 5.25% 11/52 | 5.250% | - | 0.2% |
| Ripon Unified School District | 5.500% | 07/31/2025 | 0.2% |
| Tobacco Securitization Authority Of Southern Calif | 5.000% | 05/27/2038 | 0.2% |
| Tobacco Securitization Authority Of Northern Calif | 4.000% | 11/29/2030 | 0.2% |
| Tobacco Securitization Authority Of Southern Calif | 5.000% | 05/27/2039 | 0.2% |
| Irvine Unified School District | 5.000% | 08/31/2027 | 0.2% |
| California Educational Facilities Authority | 5.000% | 09/23/2048 | 0.2% |
| California Municipal Finance Authority | 5.000% | 09/30/2027 | 0.2% |
| City Of Los Angeles Department Of Airports | 5.000% | 05/09/2043 | 0.2% |
| City Of Los Angeles Department Of Airports | 5.000% | 05/07/2051 | 0.2% |
| City Of Sacramento Ca Transient Occupancy Tax Reve | 5.000% | 05/25/2048 | 0.2% |
| City Of Irvine Ca | 5.000% | 09/01/2025 | 0.2% |
| City Of Roseville Ca | 5.000% | 08/29/2031 | 0.2% |
| Foothill-Eastern Transportation Corridor Agency | 0.000% | 01/11/2033 | 0.2% |
| Irvine Unified School District | 5.000% | 08/27/2038 | 0.2% |
| Tustin Community Facilities District | 5.000% | 08/31/2025 | 0.2% |
| Antelope Valley Healthcare District | 5.250% | 02/26/2036 | 0.2% |
| California Educational Facilities Authority | 5.000% | 03/27/2039 | 0.2% |
| California School Finance Authority | 5.000% | 07/30/2028 | 0.2% |
| City Of Long Beach Ca Harbor Revenue | 5.000% | 05/14/2025 | 0.2% |
| Orange County Community Facilities District | 5.000% | 08/08/2047 | 0.2% |
| Stockton Public Financing Authority | 5.000% | 08/31/2024 | 0.2% |
| California Educational Facilities Authority | 5.000% | 03/27/2040 | 0.2% |
| Abag Finance Authority For Nonprofit Corps | 5.000% | 07/26/2043 | 0.2% |
| California Statewide Communities Development Autho | 5.250% | 11/21/2056 | 0.2% |
| California Statewide Communities Development Autho | 5.000% | 09/30/2025 | 0.2% |
| California Statewide Communities Development Autho | 5.000% | 06/30/2026 | 0.2% |
| Southern California Public Power Authority | 5.000% | 06/26/2038 | 0.2% |
| Long Beach Bond Finance Authority | 4.994% | 11/14/2026 | 0.2% |
| Orange Unified School District | 4.000% | 07/25/2047 | 0.2% |
| City Of San Clemente Ca | 5.000% | 08/26/2040 | 0.2% |
| California Municipal Finance Authority | 4.000% | 08/11/2037 | 0.2% |
| California Health Facilities Financing Authority | 3.000% | 09/24/2047 | 0.2% |
| California Public Finance Authority | 4.000% | 07/07/2051 | 0.2% |
| California Statewide Communities Development Autho | 4.000% | 05/08/2046 | 0.2% |
| California Statewide Communities Development Autho | 4.000% | 06/23/2048 | 0.2% |
| Lake Elsinore Public Financing Authority | 5.000% | 08/28/2035 | 0.2% |
| California Community Housing Agency | 5.000% | 07/24/2050 | 0.2% |
| California Health Facilities Financing Authority | 3.000% | 09/25/2041 | 0.2% |
| Tobacco Securitization Authority Of Southern Calif | 0.000% | 05/23/2054 | 0.2% |
| San Joaquin Hills Transportation Corridor Agency | 0.000% | 01/11/2036 | 0.2% |
| Grossmont Union High School District | 0.000% | 01/31/2025 | 0.2% |
| City Of San Diego Tobacco Settlement Revenue Fundi | 4.000% | 05/29/2032 | 0.2% |
| Perris Union High School District/Ca | 3.000% | 08/25/2044 | 0.2% |
| Transbay Joint Powers Authority | 5.000% | 03/30/2030 | 0.2% |
| San Benito High School District | 0.000% | 07/30/2028 | 0.2% |
| Santa Barbara Unified School District | 4.000% | 07/31/2027 | 0.1% |
| Cscda Community Improvement Authority | 4.000% | 07/22/2056 | 0.1% |
| San Benito High School District | 0.000% | 07/30/2028 | 0.1% |
| Guam Power Authority | 5.000% | 09/30/2024 | 0.1% |
| California Municipal Finance Authority | 5.000% | 11/22/2054 | 0.1% |
| Cscda Community Improvement Authority | 4.000% | 11/21/2056 | 0.1% |
| Cupertino Union School District | 2.500% | 07/29/2033 | 0.1% |
| Southern California Public Power Authority | 3.039% | 10/28/2038 | 0.1% |
| M-S-R Energy Authority | 6.500% | 10/27/2039 | 0.1% |
| Transbay Joint Powers Authority | 5.000% | 03/30/2030 | 0.1% |
| Antelope Valley Healthcare District | 5.000% | 02/27/2026 | 0.1% |
| California School Finance Authority | 4.000% | 07/25/2051 | 0.1% |
| Newport Mesa Unified School District | 0.000% | 07/26/2041 | 0.1% |
| California School Finance Authority | 5.000% | 07/31/2025 | 0.1% |
| Puerto Rico Commonwealth Aqueduct & Sewer Authorit | 4.000% | 06/25/2042 | 0.1% |
| California School Finance Authority | 5.000% | 06/30/2024 | 0.1% |
| California School Finance Authority | 5.000% | 06/30/2025 | 0.1% |
| California Municipal Finance Authority | 5.000% | 01/27/2040 | 0.1% |
| Southwestern Community College District | 0.000% | 07/27/2041 | 0.1% |
| Brentwood Infrastructure Financing Authority | 5.000% | 08/28/2036 | 0.1% |
| California Public Finance Authority | 10.000% | 05/13/2028 | 0.1% |
| City Of Irvine Ca | 5.000% | 08/25/2044 | 0.1% |
| California County Tobacco Securitization Agency | 0.000% | 05/23/2055 | 0.1% |
| California Municipal Finance Authority | 5.000% | 05/31/2025 | 0.1% |
| California Statewide Financing Authority | 0.000% | 05/23/2055 | 0.1% |
| California Municipal Finance Authority | 5.625% | 02/22/2045 | 0.1% |
| Tobacco Securitization Authority Of Southern Calif | 0.000% | 05/25/2046 | 0.1% |
| Riverside County Transportation Commission | 0.000% | 05/30/2028 | 0.1% |
| California Municipal Finance Authority | 5.000% | 09/30/2027 | 0.1% |
| Riverside County Transportation Commission | 0.000% | 05/30/2028 | 0.1% |
| Newport Mesa Unified School District | 0.000% | 07/25/2045 | 0.1% |
| Commonwealth Of Puerto Rico | 0.000% | 10/27/2043 | 0.1% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.329% | 06/25/2040 | 0.1% |
| Transbay Joint Powers Authority | 5.000% | 03/30/2030 | 0.1% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.750% | 06/22/2053 | 0.1% |
| Transbay Joint Powers Authority | 5.000% | 03/30/2030 | 0.0% |
| Inland Empire Tobacco Securitization Corp | 0.000% | 05/22/2057 | 0.0% |
| Silicon Valley Tobacco Securitization Authority | 0.000% | 05/23/2056 | 0.0% |
| California Pollution Control Financing Authority | 4.300% | 06/25/2040 | 0.0% |
| Commonwealth Of Puerto Rico | 5.750% | 06/28/2031 | 0.0% |
| City Of Los Angeles Department Of Airports | 5.000% | 11/13/2031 | 0.0% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 0.000% | 06/23/2051 | 0.0% |
| California School Finance Authority | 5.000% | 07/31/2025 | 0.0% |
| Tobacco Securitization Authority Of Southern Calif | 5.000% | 05/25/2048 | 0.0% |
| Commonwealth Of Puerto Rico | 0.000% | 06/30/2024 | 0.0% |
| Commonwealth Of Puerto Rico | 4.000% | 06/26/2037 | 0.0% |
| California Statewide Communities Development Autho | 5.500% | 06/26/2039 | 0.0% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.536% | 06/22/2053 | 0.0% |
| USU3 - Futures | 0.000% | - | 0.0% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Dividends & Cap Gains
Dividends & Cap Gains
Dividend Payments
- YTD Dividends Paidas of 09/28/2023
- $0.20938
- Dividend Frequency
- Monthly (Daily Accrual)
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| Daily | Daily | 08/31/2023 | $0.02720 | $9.89 |
| Daily | Daily | 07/31/2023 | $0.02683 | $10.07 |
| Daily | Daily | 06/30/2023 | $0.02703 | $10.07 |
| Daily | Daily | 05/31/2023 | $0.02621 | $9.97 |
| Daily | Daily | 04/30/2023 | $0.02588 | $10.08 |
| Daily | Daily | 03/31/2023 | $0.02600 | $10.09 |
| Daily | Daily | 02/28/2023 | $0.02585 | $9.92 |
| Daily | Daily | 01/31/2023 | $0.02437 | $10.22 |
Upcoming Dividend Payment Dates
This section lists all anticipated income and Capital Gain distribution dates and any actual distributions are subject to adequacy of earnings and must be approved by the Board of Directors/Trustees. Please note that dates are subject to change.
| Record Date | Ex-Dividend Date | Reinvest & Payable Date |
|---|---|---|
| Daily | Daily | 09/30/2023 |
| Daily | Daily | 10/31/2023 |
| Daily | Daily | 11/30/2023 |
| Daily | Daily | 12/31/2023 |
Fees & Expenses
Fees & Expenses
Expense Ratioas of 08/31/2023
| Fund Gross Expense Ratio | Fund Net Expense Ratio | |
|---|---|---|
| 0.67% | 0.67% |
Expense ratio details, Click here.
The net expense ratio takes into account deductions for certain interest and related expenses from certain of the Fund's investments. Under accounting rules, the Fund recognized additional income in an amount that directly offsets these interest and related expenses. Therefore, the Fund's total returns and net asset value were not affected by such interest and related expenses.
Fund Documents
Fund Documents
|
0Documents selected
|
||||
|---|---|---|---|---|
|
Portfolio Holdings 1Q
Publish Date:11/03/2015
|
||||
|
Portfolio Holdings 3Q
Publish Date:11/03/2015
|
||||
|
Summary Prospectus
Publish Date:11/03/2015
|
||||
|
Statutory Prospectus
Publish Date:11/03/2015
|
||||
|
SAI
Publish Date:11/03/2015
|
||||
|
Annual Report
Publish Date:11/03/2015
|
||||
|
Semi-Annual Report
Publish Date:11/03/2015
|
||||
|
Fact Sheet
Publish Date:11/03/2015
|