California Tax Free Fund
Daily price w/o sales charge as of 12/05/2025
$10.02
$0.01
YTD Returns w/o sales charge as of 12/05/2025
2.65%
Please click here for performance current to the most recent quarter-end and month-end.
Summary
Summary
Yield
Average Yield to Worst as of 10/31/2025 |
4.35% |
Distribution Yield as of 12/05/2025 |
3.80% |
30-Day Standardized Yield 1 as of 11/30/2025 |
3.80% |
Distribution Yield is the calculation of cash flow for an investment vehicle, to calculate the distribution yield, the most recent distribution is multiplied by 12 to get an annualized total, which is then divided by the NAV.
Fund Basicsas of 10/31/2025
- Total Net Assets
- $689.06 M
- Inception Date
- 04/05/2017
- Dividend Frequency
- Monthly
- Fund Gross Expense Ratio
- 0.55%
- Fund Net Expense Ratio
- 0.55%
- Number of Holdings
- 279
Class F3 - The inception date for Class F3 shares is April 5, 2017. The performance quotations for Class F3 are based on the following methods of calculation: (a) for periods prior to June 30, 2015, a figure is used based on the historical performance of the Fund’s Class I Shares, since inception, restated to reflect all charges and fees applicable to Class F3 shares; (b) for periods prior to April 4, 2017 but after June 30, 2015, performance is based on the historical performance of the Fund’s Class R6 shares, which have an equivalent expense ratio to the Fund’s F3 shares; and (c) for periods after April 4, 2017, actual Class F3 performance is used, which reflects all charges and fees applicable to Class F3 shares.
Fund Expense Ratio :
Gross 0.55%
Net 0.55%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/31/2011 |
|---|
| w/o sales charge | 3.00% | 1.50% | 4.14% | 0.34% | 2.39% | 4.11% |
| Lipper Category Avg. California Municipal Debt Funds | 3.09% | 1.73% | 3.96% | 0.62% | 2.15% | - |
| Bloomberg Municipal Bond Index | 4.15% | 2.64% | 3.94% | 0.91% | 2.41% | - |
| w/ sales charge | 3.00% | 1.50% | 4.14% | 0.34% | 2.39% | 4.11% |
Fund Expense Ratio :
Gross 0.55%
Net 0.55%
Fund Expense Ratio :
Gross 0.55%
Net 0.55%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/31/2011 |
|---|
| w/o sales charge | 1.34% | 0.07% | 5.20% | 0.41% | 2.34% | 4.04% |
| Lipper Category Avg. California Municipal Debt Funds | 1.38% | 0.21% | 4.81% | 0.62% | 2.09% | - |
| Bloomberg Municipal Bond Index | 2.64% | 1.39% | 4.74% | 0.86% | 2.34% | - |
Fund Expense Ratio :
Gross 0.55%
Net 0.55%
Past performance is not a reliable indicator or guarantee 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.
| Sector | Assets |
|---|---|
| Transportation | |
| IDR/PCR | |
| Healthcare/Hospital | |
| Education | |
| GO Local | |
| Special Tax | |
| Lease | |
| Power | |
| Housing | |
| GO State | |
| Water & Sewer | |
| Other | |
| VRDN | |
| Pre-Refunded |
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 10/31/2025
| Rating | Assets |
|---|---|
| AAA | |
| AA | |
| A | |
| BBB | |
| < BBB |
Contact a Representative
To contact your representative, enter your zip code and select your channel below.
Performance
Performance
Average Yield to Worst as of 10/31/2025
Distribution Yield as of 12/05/2025
30-Day Standardized Yield 1 as of 11/30/2025
| Subsidized2 | Un-Subsidized3 | |
|---|---|---|
| w/o sales charge | 3.80% | 3.80% |
In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.
Fund Expense Ratio :
Gross 0.55%
Net 0.55%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/31/2011 |
|---|
| w/o sales charge | 3.00% | 1.50% | 4.14% | 0.34% | 2.39% | 4.11% |
| Lipper Category Avg. California Municipal Debt Funds | 3.09% | 1.73% | 3.96% | 0.62% | 2.15% | - |
| Bloomberg Municipal Bond Index | 4.15% | 2.64% | 3.94% | 0.91% | 2.41% | - |
| w/ sales charge | 3.00% | 1.50% | 4.14% | 0.34% | 2.39% | 4.11% |
Fund Expense Ratio :
Gross 0.55%
Net 0.55%
Fund Expense Ratio :
Gross 0.55%
Net 0.55%
| YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/31/2011 |
|---|
| w/o sales charge | 1.34% | 0.07% | 5.20% | 0.41% | 2.34% | 4.04% |
| Lipper Category Avg. California Municipal Debt Funds | 1.38% | 0.21% | 4.81% | 0.62% | 2.09% | - |
| Bloomberg Municipal Bond Index | 2.64% | 1.39% | 4.74% | 0.86% | 2.34% | - |
Fund Expense Ratio :
Gross 0.55%
Net 0.55%
Past performance is not a reliable indicator or guarantee 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.
| Year | Fund Returns | Bloomberg Municipal Bond Index |
|---|
| 2024 | 2.26% | 1.05% |
| 2023 | 7.18% | 6.40% |
| 2022 | -13.06% | -8.53% |
| 2021 | 2.79% | 1.52% |
| 2020 | 4.87% | 5.21% |
| 2019 | 9.63% | 7.54% |
| 2018 | 0.72% | 1.28% |
| 2017 | 6.95% | 5.45% |
| 2016 | 0.37% | 0.25% |
| 2015 | 3.87% | 3.30% |
| 2014 | 13.37% | - |
| 2013 | -3.60% | - |
| 2012 | 12.05% | - |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|
| 2025 | -0.88% | -1.18% | 3.46% | - |
| 2024 | 0.18% | 0.69% | 2.67% | -1.26% |
| 2023 | 2.83% | 0.62% | -4.25% | 8.18% |
| 2022 | -8.00% | -6.08% | -4.01% | 4.82% |
| 2021 | -0.32% | 2.53% | -0.69% | 1.28% |
| 2020 | -2.85% | 3.36% | 1.54% | 2.85% |
| 2019 | 3.38% | 2.89% | 2.35% | 0.70% |
| 2018 | -0.83% | 1.19% | -0.29% | 0.66% |
| 2017 | 2.01% | 2.43% | 0.98% | 1.36% |
| 2016 | 2.10% | 3.68% | 0.02% | -5.21% |
| 2015 | 1.26% | -1.29% | 1.76% | 2.13% |
| 2014 | 4.72% | 3.68% | 2.45% | 1.93% |
| 2013 | 0.63% | -3.85% | -0.77% | 0.41% |
| 2012 | 4.55% | 1.84% | 3.49% | 1.69% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
NAV Historical Prices
| Date | Net Asset Value |
|---|
Portfolio
Portfolio
| Sector | Assets |
|---|---|
| Transportation | |
| IDR/PCR | |
| Healthcare/Hospital | |
| Education | |
| GO Local | |
| Special Tax | |
| Lease | |
| Power | |
| Housing | |
| GO State | |
| Water & Sewer | |
| Other | |
| VRDN | |
| Pre-Refunded |
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 10/31/2025
| Rating | Assets |
|---|---|
| AAA | |
| AA | |
| A | |
| BBB | |
| < BBB |
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 10/31/2025
- Total Net Assets
- $689.06 M
- Average Effective Duration
- 9.29 Years
- Average Effective Maturity
- 20.6 Years
- Average Yield to Worst
- 4.35%
- Distribution Yield (as of 12/05/2025)
- 3.80%
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.
| Holdings | Coupon | Maturity | Assets |
|---|
| California State University | 5.500% | 10/24/2055 | 1.3% |
| California Community Choice Financing Authority | 5.250% | 10/01/2031 | 1.2% |
| California Housing Finance Agency | 3.250% | 08/16/2036 | 1.1% |
| California Community Choice Financing Authority | 5.000% | 07/01/2034 | 1.1% |
| California Community Choice Financing Authority | 5.000% | 12/01/2032 | 1.1% |
| San Diego County Regional Airport Authority | 5.500% | 06/23/2055 | 1.1% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/29/2031 | 1.1% |
| California Community Choice Financing Authority | 5.000% | 05/01/2035 | 1.0% |
| California Health Facilities Financing Authority | 5.250% | 08/07/2054 | 1.0% |
| Alameda Corridor Transportation Authority | 5.000% | 09/23/2052 | 0.9% |
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 |
|---|
| California State University | 5.500% | 10/24/2055 | 1.3% |
| California Community Choice Financing Authority | 5.250% | 10/01/2031 | 1.2% |
| California Housing Finance Agency | 3.250% | 08/16/2036 | 1.1% |
| California Community Choice Financing Authority | 5.000% | 07/01/2034 | 1.1% |
| California Community Choice Financing Authority | 5.000% | 12/01/2032 | 1.1% |
| San Diego County Regional Airport Authority | 5.500% | 06/23/2055 | 1.1% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/29/2031 | 1.1% |
| California Community Choice Financing Authority | 5.000% | 05/01/2035 | 1.0% |
| California Health Facilities Financing Authority | 5.250% | 08/07/2054 | 1.0% |
| Alameda Corridor Transportation Authority | 5.000% | 09/23/2052 | 0.9% |
| City Of Los Angeles Department Of Airports | 5.250% | 05/08/2051 | 0.9% |
| California Community Choice Financing Authority | 5.000% | 09/01/2032 | 0.9% |
| Central Valley Energy Authority | 5.000% | 08/01/2035 | 0.9% |
| Southern California Public Power Authority | 5.000% | 09/01/2030 | 0.9% |
| City Of Los Angeles Department Of Airports | 5.500% | 05/07/2055 | 0.8% |
| California Municipal Finance Authority | 5.250% | 05/24/2053 | 0.8% |
| Norman Y Mineta San Jose International Airport Sjc | 4.000% | 02/24/2042 | 0.8% |
| Burbank-Glendale-Pasadena Airport Authority Brick | 5.250% | 06/23/2054 | 0.8% |
| Tobacco Securitization Authority Of Southern Calif | 5.000% | 05/26/2048 | 0.8% |
| Tender Option Bond Trust Receipts/Certificates | 4.900% | 09/29/2034 | 0.8% |
| San Francisco City & County Airport Comm-San Franc | 5.500% | 04/23/2055 | 0.8% |
| City Of Fresno Ca Airport Revenue | 5.000% | 06/25/2048 | 0.8% |
| San Diego Community College District | 5.000% | 07/24/2055 | 0.8% |
| California Community Choice Financing Authority | 5.500% | 11/01/2028 | 0.8% |
| California Educational Facilities Authority | 5.000% | 09/23/2055 | 0.8% |
| San Diego Public Facilities Financing Authority | 5.000% | 10/07/2054 | 0.8% |
| San Diego County Regional Airport Authority | 5.250% | 06/25/2045 | 0.7% |
| California Community Choice Financing Authority | 5.000% | 11/01/2035 | 0.7% |
| Los Angeles Department Of Water & Power | 5.000% | 06/28/2035 | 0.7% |
| California Health Facilities Financing Authority | 5.000% | 11/23/2054 | 0.7% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 4.750% | 06/23/2053 | 0.7% |
| California School Finance Authority | 5.000% | 07/01/2027 | 0.7% |
| San Francisco City & County Airport Comm-San Franc | 4.000% | 04/24/2052 | 0.6% |
| California Pollution Control Financing Authority | 5.000% | 01/01/2026 | 0.6% |
| California Enterprise Development Authority | 5.000% | 01/13/2034 | 0.6% |
| Palomar Health | 5.000% | 10/28/2039 | 0.6% |
| California State University | 5.250% | 10/25/2050 | 0.6% |
| City Of Los Angeles Department Of Airports | 4.000% | 05/10/2041 | 0.6% |
| San Diego Public Facilities Financing Authority | 5.250% | 10/07/2052 | 0.6% |
| California Health Facilities Financing Authority | 5.000% | 10/24/2054 | 0.6% |
| State Of California | 5.000% | 02/21/2055 | 0.6% |
| Alvord Unified School District | 5.000% | 07/24/2052 | 0.6% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.329% | 06/27/2040 | 0.6% |
| California Statewide Communities Development Autho | 5.250% | 11/23/2054 | 0.6% |
| California Municipal Finance Authority | 4.000% | 12/25/2047 | 0.6% |
| California Community Choice Financing Authority | 4.000% | 08/01/2031 | 0.6% |
| California Municipal Finance Authority | 4.000% | 07/13/2029 | 0.6% |
| Southern California Public Power Authority | 5.000% | 10/29/2033 | 0.6% |
| California Educational Facilities Authority | 5.000% | 04/29/2035 | 0.6% |
| Santa Barbara Community College District | 6.000% | 07/24/2055 | 0.6% |
| City Of Burbank Ca Electric Revenue | 5.000% | 05/24/2053 | 0.6% |
| Indio Electric Financing Authority | 5.250% | 12/30/2032 | 0.6% |
| State Of California | 5.500% | 07/24/2054 | 0.6% |
| University Of California | 3.250% | 11/03/2025 | 0.6% |
| California Pollution Control Financing Authority | 5.000% | 12/31/2028 | 0.6% |
| Novato Unified School District/Ca | 3.000% | 07/27/2044 | 0.6% |
| San Francisco City & County Airport Comm-San Franc | 5.250% | 04/24/2049 | 0.6% |
| County Of Sacramento Ca Airport System Revenue | 5.250% | 06/23/2054 | 0.6% |
| Sunnyvale School District | 5.000% | 08/23/2056 | 0.5% |
| San Joaquin Hills Transportation Corridor Agency | 4.000% | 01/10/2044 | 0.5% |
| Los Angeles Department Of Water & Power | 5.000% | 06/23/2053 | 0.5% |
| California Municipal Finance Authority | 5.000% | 12/26/2043 | 0.5% |
| San Diego Unified School District/Ca | 3.000% | 06/26/2044 | 0.5% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/26/2042 | 0.5% |
| California Health Facilities Financing Authority | 3.000% | 08/08/2051 | 0.5% |
| California Health Facilities Financing Authority | 5.250% | 10/01/2035 | 0.5% |
| California Enterprise Development Authority | 5.000% | 07/30/2035 | 0.5% |
| Regents Of The University Of California Medical Ce | 3.500% | 05/07/2054 | 0.5% |
| Palomar Health | 5.000% | 10/28/2036 | 0.5% |
| Southern California Public Power Authority | 5.250% | 06/23/2053 | 0.5% |
| California Community Choice Financing Authority | 5.000% | 11/01/2032 | 0.5% |
| Las Virgenes Unified School District | 5.250% | 07/25/2051 | 0.5% |
| California Health Facilities Financing Authority | 5.250% | 01/26/2048 | 0.5% |
| State Of California | 5.250% | 08/24/2053 | 0.5% |
| California Community Choice Financing Authority | 5.000% | 10/01/2032 | 0.5% |
| California Statewide Communities Development Autho | 5.000% | 05/12/2035 | 0.5% |
| City Of Irvine Ca | 5.250% | 08/24/2053 | 0.5% |
| San Francisco City & County Public Utilities Commi | 5.000% | 09/23/2054 | 0.5% |
| Central Unified School District | 5.250% | 07/30/2033 | 0.5% |
| Tender Option Bond Trust Receipts/Certificates | 7.980% | 06/29/2035 | 0.5% |
| California Infrastructure & Economic Development B | 9.500% | 01/01/2035 | 0.5% |
| California Educational Facilities Authority | 5.000% | 10/30/2033 | 0.4% |
| California Municipal Finance Authority | 5.000% | 05/10/2043 | 0.4% |
| California Statewide Communities Development Autho | 5.000% | 08/31/2034 | 0.4% |
| Rincon Valley Union School District | 5.000% | 07/30/2034 | 0.4% |
| Foothill-Eastern Transportation Corridor Agency | 3.500% | 01/07/2053 | 0.4% |
| California Municipal Finance Authority | 4.325% | 11/16/2040 | 0.4% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 04/27/2039 | 0.4% |
| California Enterprise Development Authority | 5.000% | 05/25/2049 | 0.4% |
| River Islands Public Financing Authority | 5.000% | 08/24/2055 | 0.4% |
| California Municipal Finance Authority | 3.000% | 10/26/2048 | 0.4% |
| San Joaquin Hills Transportation Corridor Agency | 5.250% | 01/10/2044 | 0.4% |
| California Health Facilities Financing Authority | 3.000% | 10/28/2038 | 0.4% |
| California Infrastructure & Economic Development B | 5.000% | 10/25/2049 | 0.4% |
| California Municipal Finance Authority | 5.000% | 05/09/2048 | 0.4% |
| California Health Facilities Financing Authority | 3.000% | 09/26/2041 | 0.4% |
| Pajaro Valley Health Care District | 5.000% | 08/26/2046 | 0.4% |
| Golden State Tobacco Securitization Corp | 5.000% | 05/25/2051 | 0.4% |
| State Of California | 5.250% | 07/24/2055 | 0.4% |
| University Of California | 5.000% | 05/07/2053 | 0.4% |
| California Community Choice Financing Authority | 5.000% | 03/01/2031 | 0.4% |
| California Statewide Communities Development Autho | 5.500% | 11/22/2058 | 0.4% |
| San Diego Public Facilities Financing Authority | 5.250% | 10/07/2055 | 0.4% |
| University Of California | 5.000% | 05/07/2054 | 0.4% |
| Redlands Unified School District | 5.000% | 06/23/2054 | 0.4% |
| Imperial Community College District | 5.000% | 07/30/2034 | 0.4% |
| State Of California | 5.000% | 10/30/2034 | 0.4% |
| Foothill-Eastern Transportation Corridor Agency | 3.950% | 01/07/2053 | 0.4% |
| California State University | 4.625% | 10/23/2056 | 0.4% |
| California Infrastructure & Economic Development B | 4.000% | 06/24/2050 | 0.4% |
| California Infrastructure & Economic Development B | 5.250% | 06/24/2049 | 0.4% |
| San Joaquin Hills Transportation Corridor Agency | 5.250% | 01/08/2049 | 0.4% |
| Foothill-Eastern Transportation Corridor Agency | 3.950% | 01/08/2053 | 0.4% |
| California Health Facilities Financing Authority | 5.000% | 09/25/2044 | 0.4% |
| California Statewide Communities Development Autho | 5.000% | 11/26/2041 | 0.3% |
| California Statewide Communities Development Autho | 5.000% | 11/30/2026 | 0.3% |
| California Health Facilities Financing Authority | 5.000% | 11/11/2038 | 0.3% |
| California Municipal Finance Authority | 5.000% | 08/08/2049 | 0.3% |
| Tender Option Bond Trust Receipts/Certificates | 5.397% | 05/13/2035 | 0.3% |
| Brentwood Union School District | 5.250% | 07/30/2032 | 0.3% |
| California Statewide Communities Development Autho | 5.500% | 11/23/2054 | 0.3% |
| Los Angeles County Public Works Financing Authorit | 5.500% | 11/23/2053 | 0.3% |
| Washington Township Health Care District | 5.750% | 06/29/2033 | 0.3% |
| Los Angeles County Public Works Financing Authorit | 5.500% | 11/23/2054 | 0.3% |
| California School Finance Authority | 5.000% | 01/01/2026 | 0.3% |
| San Francisco City & County Airport Comm-San Franc | 5.750% | 04/25/2048 | 0.3% |
| City Of Los Angeles Department Of Airports | 5.250% | 05/09/2045 | 0.3% |
| Southwestern Community College District | 5.250% | 07/24/2055 | 0.3% |
| California Statewide Communities Development Autho | 5.250% | 11/28/2034 | 0.3% |
| California Statewide Financing Authority | 0.000% | 05/26/2046 | 0.3% |
| Montebello Unified School District | 5.500% | 07/26/2047 | 0.3% |
| County Of Sacramento Ca Airport System Revenue | 5.000% | 06/24/2049 | 0.3% |
| City Of Los Angeles Department Of Airports | 5.250% | 05/09/2048 | 0.3% |
| Ravenswood City School District/Ca | 5.250% | 07/30/2032 | 0.3% |
| Dublin Unified School District | 3.000% | 07/28/2041 | 0.3% |
| California State Public Works Board | 5.000% | 03/25/2050 | 0.3% |
| County Of Sacramento Ca Airport System Revenue | 5.000% | 06/23/2054 | 0.3% |
| City Of Glendale Ca Electric Revenue | 5.000% | 01/24/2054 | 0.3% |
| Southern California Public Power Authority | 5.000% | 06/23/2053 | 0.3% |
| California State Public Works Board | 4.000% | 10/26/2046 | 0.3% |
| California Enterprise Development Authority | 5.000% | 07/31/2030 | 0.3% |
| California Community Choice Financing Authority | 5.000% | 08/01/2029 | 0.3% |
| California Public Finance Authority | 5.000% | 10/30/2034 | 0.3% |
| California Municipal Finance Authority | 5.000% | 08/07/2054 | 0.3% |
| California Educational Facilities Authority | 5.000% | 11/25/2044 | 0.3% |
| California Municipal Finance Authority | 5.000% | 01/28/2037 | 0.3% |
| California Health Facilities Financing Authority | 3.000% | 09/25/2047 | 0.3% |
| Fairfield Community Facilities District | 5.000% | 08/24/2054 | 0.3% |
| California State Public Works Board | 4.000% | 04/25/2046 | 0.3% |
| Tejon Ranch Public Facilities Finance Authority | 5.000% | 08/24/2054 | 0.3% |
| Santa Monica-Malibu Unified School District | 4.250% | 07/24/2052 | 0.3% |
| California Municipal Finance Authority | 5.900% | 06/10/2044 | 0.3% |
| Matching Fund Special Purpose Securitization Corp | 5.000% | 10/01/2026 | 0.3% |
| California Municipal Finance Authority | 3.000% | 05/08/2051 | 0.3% |
| California Public Finance Authority | 6.375% | 05/23/2059 | 0.3% |
| Norman Y Mineta San Jose International Airport Sjc | 5.000% | 02/27/2031 | 0.3% |
| Compton Community Redevelopment Agency Successor A | 5.000% | 07/28/2037 | 0.3% |
| Peralta Community College District | 5.000% | 07/24/2054 | 0.3% |
| North Orange County Community College District/Ca | 2.750% | 07/29/2036 | 0.3% |
| City Of Los Angeles Department Of Airports | 4.000% | 05/08/2049 | 0.3% |
| California Health Facilities Financing Authority | 2.125% | 10/27/2041 | 0.3% |
| Silicon Valley Tobacco Securitization Authority | 0.000% | 05/27/2041 | 0.3% |
| San Francisco City & County Airport Comm-San Franc | 5.000% | 12/31/2028 | 0.3% |
| Los Angeles Unified School District/Ca | 5.250% | 06/24/2049 | 0.3% |
| Washington Township Health Care District | 5.250% | 07/25/2048 | 0.3% |
| Commonwealth Of Puerto Rico | 4.000% | 06/25/2046 | 0.3% |
| California Municipal Finance Authority | 5.000% | 12/28/2034 | 0.3% |
| Imperial Community College District | 5.250% | 07/30/2033 | 0.3% |
| California Health Facilities Financing Authority | 5.000% | 11/28/2035 | 0.2% |
| California Enterprise Development Authority | 5.000% | 07/31/2030 | 0.2% |
| San Joaquin Hills Transportation Corridor Agency | 4.000% | 01/08/2050 | 0.2% |
| River Islands Public Financing Authority | 5.000% | 08/25/2048 | 0.2% |
| University Of California | 5.250% | 05/07/2055 | 0.2% |
| Santa Clarita Community College District | 5.250% | 07/30/2032 | 0.2% |
| El Rancho Unified School District | 5.750% | 07/30/2033 | 0.2% |
| Mt San Antonio Community College District | 5.250% | 07/24/2055 | 0.2% |
| California Municipal Finance Authority | 5.000% | 07/01/2027 | 0.2% |
| California Municipal Finance Authority | 3.875% | 03/01/2034 | 0.2% |
| California Health Facilities Financing Authority | 5.000% | 11/25/2044 | 0.2% |
| Golden State Tobacco Securitization Corp | 0.000% | 05/21/2066 | 0.2% |
| Guam Government Waterworks Authority | 5.000% | 06/29/2034 | 0.2% |
| California Infrastructure & Economic Development B | 5.000% | 10/23/2059 | 0.2% |
| California Infrastructure & Economic Development B | 5.000% | 10/24/2054 | 0.2% |
| County Of Los Angeles Ca Community Facilities Dist | 5.000% | 08/24/2052 | 0.2% |
| Bay Area Toll Authority | 3.050% | 11/03/2025 | 0.2% |
| California Health Facilities Financing Authority | 5.000% | 09/29/2030 | 0.2% |
| California Municipal Finance Authority | 5.000% | 03/27/2044 | 0.2% |
| Burbank-Glendale-Pasadena Airport Authority Brick | 5.250% | 06/24/2049 | 0.2% |
| Orange County Community Facilities District | 5.500% | 08/07/2053 | 0.2% |
| California Municipal Finance Authority | 4.325% | 11/16/2040 | 0.2% |
| City Of Fontana Ca | 5.000% | 08/24/2054 | 0.2% |
| California Statewide Communities Development Autho | 5.250% | 11/24/2048 | 0.2% |
| Port Commission Of The City & County Of San Franci | 5.000% | 12/01/2025 | 0.2% |
| City Of Long Beach Ca Airport System Revenue | 5.250% | 05/26/2047 | 0.2% |
| Los Angeles Department Of Water & Power Water Syst | 5.000% | 06/28/2034 | 0.2% |
| Cscda Community Improvement Authority | 3.000% | 02/20/2057 | 0.2% |
| State Of California | 5.250% | 07/24/2054 | 0.2% |
| Los Angeles Department Of Water & Power Water Syst | 5.000% | 06/28/2035 | 0.2% |
| Inland Valley Development Agency | 5.250% | 08/28/2037 | 0.2% |
| Foothill-Eastern Transportation Corridor Agency | 6.850% | 01/10/2042 | 0.2% |
| Bay Area Toll Authority | 5.000% | 03/26/2045 | 0.2% |
| Alameda Corridor Transportation Authority | 0.000% | 09/23/2053 | 0.2% |
| City Of Los Angeles Department Of Airports | 5.500% | 11/14/2031 | 0.2% |
| California Municipal Finance Authority | 5.000% | 12/28/2035 | 0.2% |
| Santa Monica-Malibu Unified School District | 3.000% | 07/26/2044 | 0.2% |
| San Benito High School District | 0.000% | 07/28/2043 | 0.2% |
| Foothill-Eastern Transportation Corridor Agency | 0.000% | 01/12/2033 | 0.2% |
| California Municipal Finance Authority | 4.000% | 10/28/2042 | 0.2% |
| Pomona Unified School District | 5.000% | 07/25/2050 | 0.2% |
| California Educational Facilities Authority | 4.000% | 11/28/2037 | 0.2% |
| California Pollution Control Financing Authority | 5.000% | 06/29/2033 | 0.2% |
| Transbay Joint Powers Authority | 5.000% | 03/31/2030 | 0.2% |
| California Educational Facilities Authority | 5.000% | 03/30/2035 | 0.2% |
| California Enterprise Development Authority | 5.000% | 07/31/2030 | 0.2% |
| State Of California | 5.000% | 02/25/2044 | 0.2% |
| City Of San Francisco Ca Public Utilities Commissi | 5.250% | 10/24/2052 | 0.2% |
| California Educational Facilities Authority | 5.000% | 03/30/2035 | 0.2% |
| California Public Finance Authority | 6.750% | 06/20/2065 | 0.2% |
| Guam Government Waterworks Authority | 5.500% | 06/26/2044 | 0.2% |
| Sacramento Municipal Utility District | 5.000% | 11/07/2054 | 0.2% |
| California Pollution Control Financing Authority | 4.300% | 06/27/2040 | 0.2% |
| Cscda Community Improvement Authority | 3.000% | 05/26/2047 | 0.2% |
| State Of California | 5.000% | 08/24/2053 | 0.2% |
| California State Public Works Board | 5.000% | 03/25/2049 | 0.2% |
| River Islands Public Financing Authority | 5.250% | 08/24/2052 | 0.2% |
| California Municipal Finance Authority | 5.750% | 11/29/2035 | 0.2% |
| California Public Finance Authority | 6.625% | 05/21/2065 | 0.2% |
| Long Beach Bond Finance Authority | 4.426% | 11/15/2026 | 0.2% |
| California School Finance Authority | 5.000% | 07/31/2028 | 0.2% |
| City Of Fontana Ca | 5.000% | 08/25/2049 | 0.1% |
| California Educational Facilities Authority | 5.000% | 11/24/2048 | 0.1% |
| California Municipal Finance Authority | 5.000% | 10/01/2027 | 0.1% |
| Antelope Valley Healthcare District | 5.250% | 02/27/2036 | 0.1% |
| California Municipal Finance Authority | 4.000% | 08/15/2027 | 0.1% |
| River Islands Public Financing Authority | 5.000% | 08/24/2054 | 0.1% |
| California Public Finance Authority | 6.500% | 05/24/2054 | 0.1% |
| San Joaquin Hills Transportation Corridor Agency | 0.000% | 01/12/2036 | 0.1% |
| San Diego Unified School District/Ca | 4.125% | 06/24/2050 | 0.1% |
| California Municipal Finance Authority | 4.325% | 11/16/2040 | 0.1% |
| California Municipal Finance Authority | 4.000% | 01/26/2051 | 0.1% |
| California Community Housing Agency | 5.000% | 07/25/2050 | 0.1% |
| San Benito High School District | 0.000% | 07/31/2028 | 0.1% |
| Puerto Rico Commonwealth Aqueduct & Sewer Authorit | 4.000% | 06/25/2047 | 0.1% |
| California Municipal Finance Authority | 5.375% | 10/26/2045 | 0.1% |
| Southern California Public Power Authority | 4.227% | 10/29/2038 | 0.1% |
| M-S-R Energy Authority | 6.500% | 10/28/2039 | 0.1% |
| Newport Mesa Unified School District | 0.000% | 07/27/2041 | 0.1% |
| Transbay Joint Powers Authority | 5.000% | 03/31/2030 | 0.1% |
| California Public Finance Authority | 0.000% | 05/14/2028 | 0.1% |
| Puerto Rico Commonwealth Aqueduct & Sewer Authorit | 4.000% | 06/26/2042 | 0.1% |
| California School Finance Authority | 5.000% | 02/01/2026 | 0.1% |
| California Statewide Financing Authority | 0.000% | 05/24/2055 | 0.1% |
| Southwestern Community College District | 0.000% | 07/28/2041 | 0.1% |
| Alameda Corridor Transportation Authority | 0.000% | 09/24/2051 | 0.1% |
| Territory Of Guam | 5.250% | 12/28/2036 | 0.1% |
| Antelope Valley Healthcare District | 5.000% | 03/01/2026 | 0.1% |
| California Municipal Finance Authority | 5.000% | 12/01/2025 | 0.1% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.329% | 06/27/2040 | 0.1% |
| Inland Empire Tobacco Securitization Corp | 0.000% | 05/29/2036 | 0.1% |
| California Municipal Finance Authority | 5.625% | 02/23/2045 | 0.1% |
| California Municipal Finance Authority | 5.000% | 10/01/2027 | 0.1% |
| Newport Mesa Unified School District | 0.000% | 07/26/2045 | 0.1% |
| Pasadena Public Financing Authority | 0.000% | 05/30/2034 | 0.1% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 0.000% | 06/24/2051 | 0.1% |
| Pasadena Public Financing Authority | 0.000% | 05/30/2034 | 0.1% |
| Transbay Joint Powers Authority | 5.000% | 03/31/2030 | 0.0% |
| Cscda Community Improvement Authority | 4.000% | 05/23/2057 | 0.0% |
| Guam Government Waterworks Authority | 5.500% | 06/26/2043 | 0.0% |
| Transbay Joint Powers Authority | 5.000% | 03/31/2030 | 0.0% |
| Inland Empire Tobacco Securitization Corp | 0.000% | 05/23/2057 | 0.0% |
| Silicon Valley Tobacco Securitization Authority | 0.000% | 05/24/2056 | 0.0% |
| Tobacco Securitization Authority Of Southern Calif | 0.000% | 05/26/2046 | 0.0% |
| Commonwealth Of Puerto Rico | 5.750% | 06/29/2031 | 0.0% |
| California Municipal Finance Authority | 3.000% | 10/31/2030 | 0.0% |
| Commonwealth Of Puerto Rico | 0.000% | 10/26/2051 | 0.0% |
| California Municipal Finance Authority | 4.000% | 10/31/2031 | 0.0% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Rev | 4.536% | 06/23/2053 | 0.0% |
| USZ5 - Futures | 0.000% | 12/19/2025 | 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 12/05/2025
- $0.34195
- Dividend Frequency
- Monthly (Daily Accrual)
| Record Date | Ex-Dividend Date | Reinvest & Payable Date | Dividend | Reinvest Price |
|---|---|---|---|---|
| Daily | Daily | 11/30/2025 | $0.03172 | $10.06 |
| Daily | Daily | 10/31/2025 | $0.03132 | $10.06 |
| Daily | Daily | 09/30/2025 | $0.03163 | $9.96 |
| Daily | Daily | 08/31/2025 | $0.03157 | $9.68 |
| Daily | Daily | 07/31/2025 | $0.03121 | $9.63 |
| Daily | Daily | 06/30/2025 | $0.03106 | $9.72 |
| Daily | Daily | 05/31/2025 | $0.03081 | $9.70 |
| Daily | Daily | 04/30/2025 | $0.03085 | $9.80 |
| Daily | Daily | 03/31/2025 | $0.03061 | $9.93 |
| Daily | Daily | 02/28/2025 | $0.03088 | $10.15 |
| Daily | Daily | 01/31/2025 | $0.03028 | $10.08 |
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 | 12/31/2025 |
Fees & Expenses
Fees & Expenses
Expense Ratioas of 11/30/2025
| Fund Gross Expense Ratio | 0.55% |
| Fund Net Expense Ratio | 0.55% |
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 Financial Statements and Other Information *
Publish Date:11/03/2015
|
||||
|
2025 Annual Tailored Shareholder Report
Publish Date:11/03/2015
|
||||
|
2025 Semi-Annual Tailored Shareholder Report
Publish Date:11/03/2015
|
||||
|
Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
|
||||
|
Fact Sheet
Publish Date:11/03/2015
|