3 / 5 Stars
3 3 2 1 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#24 in Muni California Long
U.S. News evaluated 34 Muni California Long Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -2.22 percent over the past year, 7.16 percent over the past three years, 5.91 percent over the past five years, and 4.21 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.4%|
|3 Years (Annualized)||7.2%|
|5 Years (Annualized)||5.9%|
|10 Years (Annualized)||4.2%|
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.
Fees are Above Average compared to funds in the same category.
DWS California Tax Free Income Series Fund has an expense ratio of 0.84 percent.
Risk is Average compared to funds in the same category according to Morningstar.