DWS California Tax Free Income Series Fund Class C (KCTCX)

7.77
Net Asset Value
-0.13%
1 Day
-0.13%
Year-to-Date
Overall Morningstar Rating
Muni california long
Style or Category
No Load
Sales Expenses
1.70%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of current income that is exempt from California state and federal income taxes. The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in securities whose income is free from regular federal and California state income tax. It may invest up to 20% of net assets in securities whose income is subject to the federal AMT. The fund can buy many types of municipal securities of all maturities including revenue bonds and general obligation bonds. It is non-diversified.

Performance

1 month-0.15% 3 years+5.85%
3 months+0.31% 5 years+5.28%
1 year+5.07% Since inception+4.69%
Data through --

Peer Comparisonvs. Muni california long

 KCTCXCategory
Performance 5-yr return+5.28%+6.10%
Expense ratio1.70%0.97%
Risk 5 year sharpe ratio0.840.87
Net assets$1.0B$1.3B
Average market cap----
Average P/E----
Portfolio turnover41%41%

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Fund Management and Purchase Info

Fund familyDWS Investments
Fund manager & tenureMatthew Caggiano / 14 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

Other100.00%
U.S. stock--
International stock--
Fixed income--
Cash--
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Western Mun Wtr Dist Facs Auth 5%2.07%
-- California St Go Bds 6.5%1.77%
-- San Francisco Calif City & Cnt Rev Bd 6%1.74%
-- California St Var Purp 5.25%1.71%
-- Los Angeles Calif Dept Arpts A Senior 5%1.64%
-- Big Bear Lake Calif Wtr Rev Wtr Rev R 6%1.56%
-- San Diego Cnty Calif Regl Arpt Rev Bd 5%1.42%
-- San Francisco Calif City & Cnt Wtr Re 5%1.36%
-- San Marcos Calif Uni Sch Dist 5%1.36%
-- California St Various P 5%1.31%

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