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 08/28/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 3.49%
w/ sales charge - 3.41%

30-Day Standardized Yield 2 as of 07/31/2015  

 
3.41%

Fund Basicsas of 07/31/2015

Total Net Assets
$261.74 M
Inception Date
09/03/1985
Dividend Frequency
Monthly (Daily Accrual)
Fund Expense Ratio
0.86%
Number of Holdings
195

Fund Expense Ratio :

0.86%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/03/1985
w/o sales charge 0.41% 4.52% 3.94% 5.60% 4.07% 6.01%
Lipper Category Avg. California Municipal Debt Funds 0.67% 4.31% 3.44% 5.28% 4.16% -
Barclays Municipal Bond Index 0.84% 3.56% 2.81% 4.39% 4.57% -
w/ sales charge -1.83% 2.13% 3.14% 5.12% 3.84% 5.93%

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 -0.16% 4.23% 4.54% 5.78% 3.97% 6.01%
Lipper Category Avg. California Municipal Debt Funds -0.04% 3.83% 3.86% 5.39% 4.05% -
Barclays Municipal Bond Index 0.12% 3.00% 3.10% 4.50% 4.45% -
w/ sales charge -2.39% 1.85% 3.75% 5.29% 3.74% 5.92%

Fund Expense Ratio :

0.86%

Investment Team

Daniel S. Solender
Daniel S. Solender, CFA

Partner & Director

28 Years of Industry Experience

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

Fund Performance Details next tab

Contact a Representative