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 03/04/2015  

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

30-Day Standardized Yield 2 as of 01/31/2015  

 
3.06%

Fund Basicsas of 01/30/2015

Total Net Assets
$257.01 M
Inception Date
09/03/1985
Dividend Frequency
Monthly (Daily Accrual)
Fund Expense Ratio
0.86%
Number of Holdings
171

Fund Expense Ratio :

0.86%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 09/03/1985
w/o sales charge 2.01% 12.43% 5.92% 6.78% 4.41% 6.17%
Lipper Category Avg. California Municipal Debt Funds 1.90% 11.20% 5.35% 6.45% 4.45% -
Barclays Municipal Bond Index 1.77% 8.86% 4.12% 5.42% 4.82% -
w/ sales charge -0.26% 9.86% 5.13% 6.29% 4.17% 6.09%

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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