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 04/29/2016  

  Subsidized3 Un-Subsidized4
w/o sales charge - 3.29%
w/ sales charge - 3.22%

30-Day Standardized Yield 2 as of 03/31/2016  

 
3.24%

Fund Basicsas of 03/31/2016

Total Net Assets
$296.39 M
Inception Date
09/03/1985
Dividend Frequency
Monthly (Daily Accrual)
Fund Gross Expense Ratio
0.82%
Fund Net Expense Ratio
0.81%
Number of Holdings
218

Fund Expense Ratio :

Gross 0.82%

Net 0.81%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/03/1985
w/o sales charge 2.88% 6.12% 4.38% 7.33% 4.60% 6.06%
Lipper Category Avg. California Municipal Debt Funds - - - - - -
Barclays Municipal Bond Index - - - - - -
w/ sales charge 0.59% 3.74% 3.59% 6.83% 4.36% 5.99%

Fund Expense Ratio :

Gross 0.82%

Net 0.81%

Fund Expense Ratio :

Gross 0.82%

Net 0.81%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/03/1985
w/o sales charge 1.95% 4.50% 4.58% 7.57% 4.48% 6.05%
Lipper Category Avg. California Municipal Debt Funds 1.80% 4.34% 4.19% 7.08% 4.52% -
Barclays Municipal Bond Index 1.67% 3.98% 3.63% 5.59% 4.86% -
w/ sales charge -0.32% 2.18% 3.78% 7.09% 4.24% 5.97%

Fund Expense Ratio :

Gross 0.82%

Net 0.81%

Investment Team

Daniel S. Solender
Daniel S. Solender, CFA

Partner & Director

29 Years of Industry Experience

Supported By 14 Investment Professionals and 11 Years Avg. Industry Experience

Fund Performance Details next tab

Contact a Representative