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 02/12/2016  

  Subsidized3 Un-Subsidized4
w/o sales charge 3.42% 3.41%
w/ sales charge 3.34% 3.33%

30-Day Standardized Yield 2 as of 01/31/2016  

 
3.26%

Fund Basicsas of 12/31/2015

Total Net Assets
$272.80 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
199

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 1.29% 2.91% 4.26% 7.75% 4.42% 6.06%
Lipper Category Avg. California Municipal Debt Funds 1.01% 2.78% 3.82% 7.16% 4.43% -
Barclays Municipal Bond Index 1.19% 2.71% 3.42% 5.75% 4.81% -
w/ sales charge -0.96% 0.56% 3.47% 7.27% 4.19% 5.98%

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 3.64% 3.64% 4.07% 6.99% 4.31% 6.03%
Lipper Category Avg. California Municipal Debt Funds 3.70% 3.70% 3.72% 6.56% 4.35% -
Barclays Municipal Bond Index 3.30% 3.30% 3.16% 5.35% 4.72% -
w/ sales charge 1.33% 1.33% 3.28% 6.50% 4.07% 5.95%

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

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