California Investment CA Tax-Free Inc
44 Montgomery St Ste 2100 San Francisco CA 94104
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Phone: 800-225-8778
| Category: | Muni California Interm/Short | | Fund Family: | California Investment Trust | | Net Assets: | 109.73M | | Year-to-Date Return: | 10.64% | | Yield: | 3.96% | | Morningstar Rating: |  | | Fund Inception Date: | 04-Dec-85 |
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Christopher P. Browne
Lead Manager since
01-Oct-04 | | | Browne joined CCM Partners in October 2004. Prior to joining the firm, he worked in a variety of investment evaluation roles in asset management companies such as: Autodesk Ventures, Dresdner Kleinwort Benson, Harris Bretall Sullivan & Smith, and Pacific Income Advisers. He is a member of the San Francisco Society of Financial Analysts, as well as Beta Gamma Sigma. Browne holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $1,000 | | Min Subsequent Investment: | $250 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks as high a level of income, exempt from federal and California personal income taxes, as is consistent with prudent investment management and safety of capital. The fund normally invests at least 80% of total assets in California municipal bonds, but as a general rule the percentage is much higher. These bonds are rated in one of the four highest ratings (investment grade) by an independent rating organization such as Standard & Poor's, Moody's or Fitch. The duration typically ranges from four to twelve years. It is nondiversified. |
| Last Dividend
(30-Sep-09):
| 0.04 | | Last Cap Gain
(28-Nov-08):
| 0.03 | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 34.16% |
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| Expense | CFNTX | Category
Avg | | Total Expense Ratio: | 0.72%
| 0.85% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 2.91% | | Max Deferred Sales Load: | %
| 2.03% | | 3 Yr Expense Projection*: |
$ 230 | $378 | | 5 Yr Expense Projection*: |
$ 401 | $582 | | 10 Yr Expense Projection*: |
$ 894 | $1,170 |
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