Muni California Long
Muni California long portfolios invest at least 80% of assets in California municipal debt. Because the income from these bonds is generally free from federal taxes and California state taxes, these portfolios are most appealing to residents of California. These portfolios have durations of more than seven years (or, if duration is unavailable, average maturities of more than 12 years). Morningstar®
#1 Franklin California High Yield Municipal Fund (FCAMX)
| Performance (1-yr.): 6.10% | Expenses: 0.62% |
| Performance (1-mo.): 0.87% | Total Assets: $1.96B |
#2 T. Rowe Price California Tax Free Bond Fund (PRXCX)
| Performance (1-yr.): 4.39% | Expenses: 0.51% |
| Performance (1-mo.): 1.31% | Total Assets: $441.89M |
#3 USAA California Bond Fund (USCBX)
| Performance (1-yr.): 6.09% | Expenses: 0.53% |
| Performance (1-mo.): 0.64% | Total Assets: $693.6M |
#4 Northern California Tax Exempt Fund (NCATX)
| Performance (1-yr.): 4.71% | Expenses: 0.47% |
| Performance (1-mo.): 1.76% | Total Assets: $158.07M |
#5 Nuveen California Municipal Bond Fund (NCAAX)
| Performance (1-yr.): 5.76% | Expenses: 0.81% |
| Performance (1-mo.): 1.03% | Total Assets: $714.78M |
#6 American Century California High Yield Municipal Fund (CAYAX)
| Performance (1-yr.): 5.47% | Expenses: 0.75% |
| Performance (1-mo.): 1.08% | Total Assets: $778.77M |
#7 American Funds Tax-Exempt Fund California (TAFTX)
| Performance (1-yr.): 5.17% | Expenses: 0.63% |
| Performance (1-mo.): 1.05% | Total Assets: $1.64B |
#8 Wells Fargo Advantage California Tax Free Fund (SCTAX)
| Performance (1-yr.): 5.17% | Expenses: 0.75% |
| Performance (1-mo.): 1.09% | Total Assets: $812.25M |
#9 Nuveen California High Yield Municipal Bond Fund (NCHAX)
| Performance (1-yr.): 10.07% | Expenses: 0.88% |
| Performance (1-mo.): 1.13% | Total Assets: $379.62M |
#10 Vanguard California Long Term Tax Exempt Fund (VCITX)
| Performance (1-yr.): 4.12% | Expenses: 0.20% |
| Performance (1-mo.): 1.50% | Total Assets: $2.95B |
