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 06/29/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 3.40%
w/ sales charge - 3.32%

30-Day Standardized Yield 2 as of 05/31/2015  

 
3.35%

Fund Basicsas of 05/29/2015

Total Net Assets
$263.43 M
Inception Date
09/03/1985
Dividend Frequency
Monthly (Daily Accrual)
Fund Expense Ratio
0.86%
Number of Holdings
188

Fund Expense Ratio :

0.86%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/03/1985
w/o sales charge 0.29% 4.81% 4.57% 5.77% 4.08% 6.04%
Lipper Category Avg. California Municipal Debt Funds 0.29% 4.15% 3.93% 5.40% 4.15% -
Barclays Municipal Bond Index 0.21% 3.18% 3.09% 4.53% 4.52% -
w/ sales charge -1.94% 2.42% 3.79% 5.29% 3.84% 5.96%

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 1.11% 9.37% 5.60% 6.34% 4.42% 6.10%
Lipper Category Avg. California Municipal Debt Funds 1.18% 8.38% 5.15% 6.07% 4.50% -
Barclays Municipal Bond Index 1.01% 6.62% 4.05% 5.11% 4.85% -
w/ sales charge -1.14% 6.90% 4.80% 5.85% 4.18% 6.02%

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

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