What is the California Tax Free Fund ?

The Fund seeks to deliver a high level of income exempt from federal and state taxation by investing primarily in California municipal bonds.

Yield

Dividend Yield 1 as of 03/26/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 3.40%
w/ sales charge - 3.33%

30-Day Standardized Yield 2 as of 02/28/2015  

 
3.13%

Fund Basicsas of 02/27/2015

Total Net Assets
$256.81 M
Inception Date
09/03/1985
Dividend Frequency
Monthly (Daily Accrual)
Fund Expense Ratio
0.86%
Number of Holdings
177

Fund Expense Ratio :

0.86%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/03/1985
w/o sales charge 0.83% 9.50% 5.36% 6.28% 4.32% 6.11%
Lipper Category Avg. California Municipal Debt Funds 0.84% 8.51% 4.86% 6.01% 4.39% -
Barclays Municipal Bond Index 0.72% 6.49% 3.73% 5.00% 4.75% -
w/ sales charge -1.41% 7.03% 4.56% 5.79% 4.08% 6.03%

Fund Expense Ratio :

0.86%

Fund Expense Ratio :

0.86%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/03/1985
w/o sales charge 13.20% 13.20% 6.76% 6.44% 4.34% 6.12%
Lipper Category Avg. California Municipal Debt Funds 11.88% 11.88% 5.90% 6.17% 4.38% -
Barclays Municipal Bond Index 9.05% 9.05% 4.30% 5.16% 4.74% -
w/ sales charge 10.67% 10.67% 5.96% 5.95% 4.10% 6.03%

Fund Expense Ratio :

0.86%

Investment Team

Daniel S. Solender
Daniel S. Solender, CFA

Partner & Director

27 Years of Industry Experience

Supported By 12 Investment Professionals and 10 Years Avg. Industry Experience

Fund Performance Details next tab

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