Morgan Stanley CA Tax-Free Income B 522 Fifth Avenue Jersey City NJ 07311 Map
Phone: 800-869-6397
| Category: | Muni California Long | | Fund Family: | Morgan Stanley | | Net Assets: | 266.75M | | Year-to-Date Return: | 13.58% | | Yield: | 4.47% | | Morningstar Rating: |  | | Fund Inception Date: | 11-Jul-84 |
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Neil Stone
Lead Manager since
30-Sep-07 | | | Stone has been associated with the Morgan Stanley Investment Management Inc. in an investment management capacity since 1995. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks to provide a high level of current income exempt from federal and California income tax, consistent with the preservation of capital. The fund normally invests at least 80% of net assets in securities that pay interest exempt from federal and California state income taxes. It may invest up to 20% of total assets in taxable money market instruments, tax-exempt securities of other states and municipalities, and securities that pay interest income subject to the "alternative minimum tax". The fund may also invest up to 15% of total assets in inverse floating rate municipal obligations. |
| Last Dividend
(25-Nov-09):
| 0.04 | | Last Cap Gain
(31-Dec-08):
| 0.03 | | Annual Holdings Turnover
| 10.00% | | Average for Category:
| 31.92% |
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| Expense | CLFBX | Category Avg | | Total Expense Ratio: | %
| 1.02% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.29% | | Max Deferred Sales Load: | 5.00%
| 2.71% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $559 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $800 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,485 |
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