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Address And Details

333 S Grand Ave, Ste 3200 , Los Angeles, CA 90071
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks income that is exempt from Federal and California income tax and is consistent with preservation of capital. Under normal market circumstances, The Fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in California Municipal Securities, which are defined as debt obligations issued by the State of California, local governments and other authorities in California, and their agencies and instrumentalities, or by other issuers, all of which pay interest income exempt from Federal and California personal income tax. The policy of the Fund to invest at least 80% of its net assets in California Municipal Securities is fundamental, which means that it may be changed only with shareholder approval. The Fund may invest up to 20% of its net assets in municipal Securities, which are defined as debt obligations issued by state and local governments,territories and possessions of the United States, regional government authorities, and their agencies and instrumentalities and which pay interest income exempt from Federal income tax. However, the interest income which may be paid by either the California Municipal Securities or the Municipal securities, may in each case be subject to the Federal alternative minimum tax.

Net Asset Value

as of 5:46 PM ET 05/20/2022

Performance

  • 1 Week
  • -0.41%
  • 1 Month
  • -1.63%
  • 3 Months
  • -6.05%
  • 1 Yr Return
  • -8.55%
  • 5 Yr Return
  • -5.22%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 99.46%
Other 0.54%
Stocks 0.00%
Cash 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 104.11 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.65 0.41 -0.10
Beta 0.93 0.93 0.89
R Squared 0.94 0.95 0.94
Std Deviation 4.78 4.00 3.58
Sharpe Ratio 0.13 0.30 n/a

Purchase Information

as of 5:45 PM ET 05/19/2022
Minimum Initial $5000
Minimum Additional $250
Minimum Initial IRA $2000

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -6.12%
  • -3.15%
-6.12% -3.15%
3 Year
  • +1.21%
  • +2.10%
+1.21% +2.10%
10 Year
  • +2.32%
  • +2.70%
+2.32% +2.70%
Life Of Fund
  • +3.45%
  • +3.56%
+3.45% +3.56%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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