| Scorecard |
|---|
|
3 / 5 Stars
|
|
Lipper
2
3
2
5
5
|
|
Zacks Investment Research
2
(Buy)
|
|
Standard & Poor's
2 / 5 Stars
|
|
TheStreet.com
B
(Buy)
|
Fund Holdings
The fund invests at least 80 percent of its assets in municipal securities that are free from federal and California income taxes. It may invest in municipal lease obligations, which finance public property that is leased to a state or local government.
Asset Allocation
| % Long | % Net | |
|---|---|---|
| Cash | 1.51 | 1.51 |
| Stocks | 0.0 | 0.0 |
| Bonds | 98.49 | 98.49 |
| Other | 0.0 | 0.0 |
| Foreign Bonds | 0.0 | 0.0 |
| Foreign Stocks | 0.0 | 0.0 |
| Convertible | 0.0 | 0.0 |
| Preferred | 0.0 | 0.0 |
Updated 03.31.2013
Top 10 Holdings
Performance as of 05.31.2013
Portfolio as of 03.31.2013
| % Net Assets | |
|---|---|
| Foothill / Eastern Transn Corr Tol 5.75% | 2.67 |
| San Joaquin Hills Calif Transn Rev 5.5% | 1.67 |
| California St Go Bds 5% | 1.35 |
| California Statewide Cmntys De Rev 5.25% | 1.29 |
| Los Angeles Calif Uni Sch Dist 5% | 1.16 |
| Golden St Tob Securitization C As 5.625% | 0.94 |
| Los Angeles Calif Dept Wtr & P Rev Bd 5% | 0.91 |
| Los Angeles Calif Dept Wtr & P Rev Bd 5% | 0.86 |
| California St G O Bds 6% | 0.81 |
| California St Pub Wks Brd Leas Lea 5.75% | 0.79 |
Bond Ratings (%)
Updated 03.31.2013
| Sector | FRCTX |
|---|---|
| AAA | 9.75 |
| AA | 32.25 |
| A | 25.4 |
| BBB | 21.67 |
| BB | 6.06 |
| B | 0.8 |
| Below B | 0.0 |
| Other | 4.07 |
