Morgan Stanley Active Assets California Tax-Free Trust (AACXX)

0.01%
Yield
0.00%
1 Day
-99.00%
Year-to-Date
Overall Morningstar Rating
Money market-tax-free
Style or Category
No Load
Sales Expenses
0.52%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide as high a level of daily income exempt from federal and California personal income tax as is consistent with stability of principal and liquidity. The fund will invest in high quality, short-term securities that are normally municipal obligations that pay interest exempt from federal and California personal income taxes. The Adviser seeks to maintain its share price at $1.00. The fund normally invests at least 80% of its net assets in securities the interest on which is exempt from federal and California personal income tax.

Performance

1 month-- 3 years--
3 months-- 5 years--
1 year-- Since inception+1.56%
Data through --

Peer Comparisonvs. Money market-tax-free

 AACXXCategory
Performance 5-yr return--+0.02%
Expense ratio0.52%0.55%
Risk 5 year sharpe ratio-4.90-3.73
Net assets$2.0B$1.5B
Average market cap----
Average P/E----
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyMorgan Stanley
Fund manager & tenureManagement Team / 7 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

Fixed income79.46%
Cash19.52%
Other1.02%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- California St For Previous Iss Rans 1.5%4.11%
-- California Mun Fin Auth4.01%
-- San Diego Cnty Calif Regl Tran Var Rev B3.61%
-- California Statewide Cmntys De Var Rev B3.14%
-- Los Angeles Calif Trans 1.5%3.08%
-- California St Var Go Bd2.93%
-- Sacramento Calif Mun Util Dist2.63%
-- San Francisco Calif City & Cnt Var Rev B2.48%
-- Los Angeles Cnty Calif Cap Ass Com 0.07%2.17%
-- Eastern Mun Wtr Dist2.01%

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