| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
3
3
5
4
2
|
|
Zacks Investment Research
5
(Strong Sell)
|
|
Standard & Poor's
4 / 5 Stars
|
|
TheStreet.com
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U.S. News evaluated 20 Muni Single State Short Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all Capital Guardian Trust Company funds
Performance
The fund has returned 0.82 percent over the past year, and 1.65 percent over the past three years.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 0.3% |
| 1 Year | 0.8% |
| 3 Years (Annualized) | 1.6% |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to preserve your investment and secondarily to provide current income exempt from federal and California income taxes. The fund primarily invests in short-term municipal bonds issued by the state of California, its agencies and municipalities. It normally invests at least 80% of its assets in, or derives at least 80% of its income from, securities that are exempt from both federal and California income taxes. The fund invests primarily in municipal bonds with quality ratings of A- or A3 or better. Its aggregate portfolio will have a dollar-weighted average maturity no greater than three years.
Fees
Fees are Low compared to funds in the same category.
Capital CA Short-Term Municipal has an expense ratio of 0.40 percent.
Risk
Risk is Below Average compared to funds in the same category according to Morningstar.
